The offer is being made through the book building process with not more than 50% of the net offer allocated to Qualified Institutional Buyers, subject to anchor investor participation of up to 60% of the QIB portion
The anchor investor bid period is scheduled to open and close on February 24, while the main bid/offer period will open on February 25. and close on February 27. The equity shares are proposed to be listed on BSE and NSE, with NSE as the designated stock exchange.
Omnitech Engineering was originally formed as a partnership firm in 2006 and later converted into a private limited company in 2021 before becoming a public limited company in October 2024.
Financially, the company reported revenue from operations of Rs 343 crore in fiscal 2025, up 92% year-on-year from Rs 178 crore in fiscal 2024.Profit after tax rose to Rs 43.8 crore in FY25, compared with Rs 18.9 crore a year ago.
EBITDA for fiscal 2025 stood at Rs 118 crore with an EBITDA margin of 34.31%.
The company derives a significant portion of its revenue from exports, with 74.95% of revenue from operations coming from outside India in FY25.
Omnitech has two subsidiaries as of the RHP date: Omnitech Group, Inc, incorporated in Delaware and wholly owned by the company, and Novatro Techsolutions, incorporated in India in December 2024.
The book running lead managers to the issue are Equirus Capital and ICICI Securities, while MUFG Intime India is the registrar to the offer.