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27 Feb, EOD - Global

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IPO Synopsis

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Omnitech Engineering Ltd
Registered Office: Plot#.2500 Kranti Gate Main Rd,GIDC Lodhika Ind Este Metoda , Rajkot - 360021 , Gujarat , India.
Phone : +91 2827 287637
Fax :
Email :  compliance@omnitecheng.com  
Website :  www.omnitecheng.com
Initial public offering of up to 25682820 equity shares of face value of Rs. 5/- each (Equity Shares) of Omnitech Engineering Limited (Company or Issuer) for cash at a price of Rs. 227 per equity share of face value of Rs. 5/- each (including a share premium of Rs. 222 per equity share) (Offer Price) aggregating up to Rs. 583.00 crores (Offer) comprising a fresh issue of up to 18414097 equity shares of face value of Rs. 5/- each aggregating up to Rs. 418.00 crores by the company (Fresh Issue) and an offer for sale of up to 7268723 equity shares of face value of Rs.5/- each aggregating up to Rs. 165.00 crores, by the promoter selling shareholder (Offer for Sale). This offer includes a reservation of up to 44053 equity shares of face value of Rs. 5/- each, aggregating up to Rs. 1 crores (constituting up to 5% of the post-offer paid-up equity share capital) for subscription by eligible employees (Employee Reservation Portion). The company in consultation with the book running lead managers (brlms), may offer a discount of Rs. 11 per equity share to the offer price to eligible employees bidding in the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer would constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital. The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities, as may bepermitted under applicable law, aggregating up to Rs.104.00 crores, at its discretion, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken). Price Band: Rs. 216 to Rs. 227 per equity share bearing face value of Rs. 5 each. The floor price is 43.20 times of the face value of the equity shares and the cap price is 45.40 times of the face value of the equity shares. Bids can be made for a minimum of 66 equity shares of face value of Rs. 5 each and in multiples of 66 equity shares of face value of Rs. 5 each thereafter. A discount of Rs. 11 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opened On Closed On Offer Price Application
25-Feb-26 27-Feb-26 ₹  227.00 ₹  227.00
Minimum Application for shares in Nos :66  Further Multiples of :66

  Lead Managers to the Issue
Project Cost ₹   391.74 Cr
Equirus Capital Private Limited
ICICI Securities Limited
Project Financed through Current Offer ₹   583.00 Cr  
Post Issue Equity Share Capital ₹   65.47 Cr  
Face Value ₹   5  
 
Projects
Repayment and/ or pre-payment, in full or in part, of certain outstanding borrowings availed by the CompanyFunding towards Capital Expenditure for purchase and installation of solar panels on the roof-top at, and, purchase of new equipment / machinery for, Existing Facility 2
Funding towards Setting up New Projects at:-Proposed Facility 1General corporate purposes
Funding towards Setting up New Projects at:-Proposed Facility II
Promoted By
Udaykumar Arunkumar Parekh  
Dharmi A Parekh  
Indumati Arunbhai Parekh  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
Basis of Allotment
Category Issue Price
(  )
No. of Applications No. of Equity
Shares Applied
Amount
(  )
No. of times Subscribed Shares Reserved No. of Shares Allotted
Retail Ind Investors (RIIs)   0   0   0   0.00   0   0   0  
Non Inst. Investors (NIIs)   0   0   0   0.00   0   0   0  
Qualified Inst Buyers (QIBs)   0   0   0   0.00   0   0   0  
Employees   0   0   0   0.00   0   0   0  
Existing Shareholders   0   0   0   0.00   0   0   0  
Anchor Investors   0   0   0   0.00   0   0   0  
Market Maker   0   0   0   0.00   0   0   0  
Non-Retail Investors   0   0   0   0.00   0   0   0  
Underwriter Devolvement   0   0   0   0.00   0   0   0  
Total   0   0   0   0.00   0   0   0  
 

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