Omnitech Engineering Limited IPO Announces
Omnitech Engineering Limited has announced its Draft Red Herring Prospectus (DRHP) for an upcoming IPO, offering investors a chance to participate in the growth of a leading precision engineering company.
Introduction
Omnitech Engineering Limited is set to launch its IPO, presenting an opportunity for investors to be a part of a company specializing in high-precision engineered components and assemblies. This IPO is primarily an Offer for Sale (OFS) with a total issue size of 850.00 crore.
Company Overview
Omnitech Engineering Limited is a key manufacturer of high-precision engineered components and assemblies, serving global customers in industries like energy, motion control & automation, and industrial equipment systems. With 18 years of experience, the company specializes in manufacturing components for safety-critical applications, ranging in weight from 0.003 kg to 503.33 kg.
According to an ICRA report, Omnitech is one of India’s fastest-growing manufacturers in its sector. In Fiscal 2025, the company served over 220 customers across 22 countries. Revenue from operations outside India constituted a significant portion of the total revenue.
The company’s diverse product range adheres to stringent quality standards, fostering long-term customer relationships and repeat orders. As of April 30, 2025, Omnitech held a substantial order book.
Key Achievements
- Recognized as one of India’s fastest-growing manufacturers in its sector.
- Served over 220 customers across 22 countries in Fiscal 2025.
- Significant revenue contribution from international operations.
- Strong order book reflecting customer confidence.
Financial Overview (FY2025)
Here’s a snapshot of Omnitech Engineering Limited’s financial performance:
| Financial Parameter | Amount ( in Crores) |
|---|---|
| Total Assets | 626.33 |
| Revenue | 342.91 |
| Profit After Tax | 43.87 |
| Net Worth | 203.64 |
| Total Borrowings | 330.63 |
Offer for Sale and IPO Structure
The IPO comprises both a fresh issue and an Offer for Sale (OFS). The OFS allows existing shareholders to sell their shares. The allocation structure is as follows:
- Retail Investors: 35%
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
The shares will be listed on both the BSE and NSE.
Lead Managers and Registrar
The IPO is being managed by:
- Lead Managers: Equirus Capital Private Limited, ICICI Securities Limited
- Registrar: MUFG Intime India Private Limited
Conclusion
Omnitech Engineering Limited’s IPO presents a promising investment opportunity. Stay tuned for updates on the IPO dates and further details. This could be a valuable addition to your investment portfolio.