Mumbai, Feb. 27 -- Omnitech Engineering received bids for 2,16,31,632 shares as against 1,89,09,890 shares on offer, according to stock exchange data at 17:30 IST on Friday (27 February 2026). The issue was subscribed 1.14 times.

The issue opened for bidding on 25 February 2026, and it will close on 27 February 2026. The price band of the IPO is fixed between Rs 216 and 227 per share. An investor can bid for a minimum of 66 equity shares and in multiples thereof.

The issue comprises both an offer for sale and a fresh issue of equity shares (of Rs 5 face value) worth aggregating to Rs 165 crore and Rs 418 crore, respectively. The entire portion of the offer for sale is by Udaykumar Arunkumar Parekh.

Of the net proceeds, the company prop...