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Omnitech Engineering fixes price band for its ₹583 crore IPORetail investors can bid for a minimum of 66 shares for 14,982 and in multiples thereafter. As much as 35% or 89.72 lakh shares of the offer worth ₹203.68 crore are reserved for retail investors.By Shloka Badkar  February 20, 2026, 7:27:51 AM IST (Published)2 Min ReadOmnitech Engineering Ltd. has announced its price band for its initial public offering (IPO), which will open for subscription on February 25 and close on February 27, 2026.

The company is set to raise funds worth ₹583 crore with this issue. It will issue 1.84 crore fresh shares worth ₹418 crore and 72.68 lakh offer for sale (OFS) shares worth ₹165 crore.

The company will raise funds from anchor investors on February 24.

It has sent the price band at ₹216-227 for its issue with face value of ₹5 per share.

Retail investors can bid for a minimum of 66 shares for 14,982 and in multiples thereafter. As much as 35% or 89.72 lakh shares of the offer worth ₹203.68 crore are reserved for retail investors.

As many as 38.45 lakh shares or 15% of the offer worth ₹87.29 crore have been allotted for HNIs. This includes — 5% for small HNIs and 10% for big HNIs.

Qualified Institutional Buyers (QIBs), including anchor investors, have been allotted 50%, or 1.28 crore-plus shares, of the offer at ₹290.97 crore.

Shares worth ₹1 crore have been reserved for employees, who will receive a ₹11 per share discount to the final issue price.

The allotment is set to be finalised on March 2, 2026, the equity shares are set to be credited to the respective demat accounts on March 4, 2026 and the stock is set to list on the exchanges on March 5, 2026.

Equirus Capital and ICICI Securities are the book-running lead managers of the issue.

Prior to the issue, Omnitech Engineering's market cap is at ₹2,389.17 crore, with promoter holding at 94.08%.

Post the issue, the market cap is set to increase to ₹2,807.17 crore, with promoter holding declining to 74.19%.

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