Mumbai, March 5 -- The stock debuted at Rs 205, marking a discount of 9.69% to the issue price.
So far, the stock has hit a high of Rs 224 and a low of Rs 202.80. On the BSE, over 2.43 lakh shares of the company were traded in the counter so far.
Omnitech Engineering 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.
The issue comprised both an offer for sale and a fresh issue of equity shares (of Rs 5 face value) aggregating to Rs 165 crore and Rs 418 crore, respectively. The entire offer-for-sale portion was by Udaykumar Arunkumar Parekh.
Of the net proceeds, the company proposed to utilize Rs 50 cror...
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