The company is looking to raise 850 Crore through a Book-Built Issue from the Indian Stock Market.
Omnitech engineering is a manufacturing and engineering solutions firm which specialises in making precision-enginered components, TurnKey Industrial Automation Solutions, and Customized Mechanical Systems Various sectors.
With 220 Customers Across 22 Nations, The Company is Suppling High-PRECISION components to clients like halliburton energy services, suzlon, oshkosh aerotch, weightherpha Oilgear, Donaldson Company, Push Industries and Bharat aerospace metals.
Omnitech engineering IPO Details
Omnitech engineering is offering a combination of fresh issue equity shares wort 520 Crore and an offer-for-Saale (ofs) component of equity shares Worth 330 Crore, as per the official filing. Udaykumar Arunkumar Parekh is the Promoter Selling Stakeholder in the Public Issue.
The company is also planning for a pre-soon 104 Crore. In case the pre-soon
According to the official filing, the funds raised from the public issue are planned to be utilized to repay the borrowings and fund its two new manufacturing facilities. The Remining Funds will be allocated to take care of the capital expecteds and general corporate purposes.
Equirus Capital and ICICI Securities are the Book-Running Lead Manages for the Public Issue, while MUFG INTIME INTIME INDIA PVT. LTD (Previous Known as Link INTIME IS) is the registrar of the offer.
According to chittorgarh data, the company’s net profit for the financial year ended 2024-25 rose 132 per cent to 43 Crore, Compared to Its 19 Crore Levels in the Previous Financial Year.
The Revenues for the Component Manufacturer also witnessed a 92 per cent risk to 349.71 Crore as of the Financial Year Ended 2024-25, Compared to 181.95 Crore in the Previous Fiscal Year.