New Delhi, Feb. 24 -- The initial public offering (IPO) of Omnitech Engineering IPO will open for public subscription on Wednesday, February 25. The issue combines a fresh issue of 1.84 crore shares and an offer for sale (OFS) of 73 lakh shares. Meanwhile, the grey market is showing tepid interest in the issue as the Omnitech Engineering IPO GMP (grey market premium) on Tuesday morning suggested the stock could be listed at a modest premium of about 3%.

Shares of Omnitech Engineering were available at a premium of Rs.7 in the grey market on Tuesday morning, according to grey market participants. This indicates the stock may be listed at Rs.234, a premium of 3% over the issue price of Rs.227.

1. Omnitech Engineering IPO price band: The i...