New Delhi, Feb. 26 -- Omnitech Engineering IPO, which opened for subscription on Wednesday, February 25, was subscribed only 9% by the end of the first day of bidding. The mainboard IPO will close on Friday, February 27.

Omnitech Engineering produces high-precision engineered components and serves a global customer base spanning sectors such as energy, motion control and automation, industrial equipment systems, and other diversified industrial applications.

Its client portfolio includes companies like Halliburton Energy Services, Suzlon, Oshkosh Aerotech, Weatherford, Lufkin Industries, Oilgear, Donaldson Company, PUSH Industries, and Bharat Aerospace Metals.

By the close of the day, the issue was subscribed 0.09 times, with bids rece...