New Delhi, Feb. 25 -- Omnitech Engineering IPO in focus: The initial public offering (IPO) of Omnitech Engineering, a manufacturer of precision-engineered components, which opened for subscription today, February 25, received a muted response from investors.

By the end of the day, the issue was subscribed just 0.09 times, with 15.86 lakh shares bid for against the 1.79 crore shares on offer, according to exchange data.

The retail portion was subscribed 0.06 times, while non-institutional investors (NIIs) subscribed 0.06 times, and the qualified institutional portion was subscribed 0.14 times. The employee portion showed strong interest, as it was oversubscribed by 2.20 times.

The Rs.583 crore issue comprises a fresh issue of 1.84 crore...