Omnitech Engineering IPO to List March 5 with Muted Market Debut Expected

Omnitech Engineering Ltd is set to list its Rs 583 crore IPO on the BSE and NSE on March 5, 2026. The IPO, priced at Rs 216-227 per share, was subscribed 1.14 to 1.20 times, with strong QIB interest but weaker retail participation. Grey market premiums indicate a muted or flat listing debut, with estimates near the issue price. The company plans to use proceeds for debt repayment and project expansion in precision-engineered components and industrial automation sectors.