Omnitech Engineering share price: Shares of precision-engineered components manufacturer Omnitech Engineering rose as much as 6.10% to ₹349.85 apiece on the National Stock Exchange (NSE) on Thursday, April 9.
The stock was trading at ₹341.97 per share, reflecting an increase of 3.72% at 12:32 pm. Its market capitalisation stood at ₹4,218.62 crore.
How is Omnitech Engineering performing compared to issue price?
The scrip made its debut on March 5 at ₹202 apiece, a discount of 11.01% against the IPO issue price of ₹227 per share, on the NSE.
At the intraday high, it is up 54.11% from the issue price.
The ₹583 crore initial public offering consisted of a fresh issuance of shares valued at ₹418 crore and an offer for sale of ₹165 crore by promoter Udaykumar Arunkumar Parekh.
The funds were intended for debt clearance, establishing two new manufacturing facilities, funding capital expenditure requirements and general corporate purposes.
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The initial share sale was subscribed 1.14 times.
| Category | Reserved | No of Shares Bid For | No of Times |
|---|---|---|---|
| Qualified Institutional Buyers | 53,88,887 | 1,53,93,642 | 2.86 |
| Non-Institutional Investors | 40,41,667 | 29,53,896 | 0.73 |
| Retail Investors | 94,30,556 | 30,76,920 | 0.33 |
| Total | 1,89,09,890 | 2,16,31,632 | 1.14 |
Omnitech Engineering Q3 results
Omnitech Engineering had posted a 172.79% increase in its consolidated net profit to ₹22.26 crore in the December quarter of the financial year 2025-26, compared to ₹8.16 crore a year back.
The company's revenue from operations surged 81.57% to ₹134.4 crore in Q3 FY26 as against ₹74.02 crore in the same period of the previous fiscal year.
Omnitech Engineering develops high-precision engineered components and supplies to global customers across industries like motion control & automation, energy, industrial equipment systems, and other diversified industrial applications.
Its clientele includes Oshkosh Aerotech, Suzlon, Lufkin Industries, Halliburton Energy Services, Donaldson Company, PUSH Industries, Oilgear, Weatherford and Bharat Aerospace Metals.