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Omnitech Engineering IPO Achieves 13% Subscription by Second Day
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Omnitech Engineering IPO Subscribed 13% on Day 2, Raises Rs 174 Cr from Anchor Investors
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News18
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26-02-2026, 17:30
Omnitech Engineering IPO Subscribed 13% on Day 2, Raises Rs 174 Cr from Anchor Investors
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Omnitech Engineering Ltd's IPO received 13% subscription on the second day of bidding.
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The company garnered bids for 24,94,866 shares against 1,89,09,890 shares on offer.
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QIBs and RIIs categories each saw 13% subscription, while non-institutional investors had 11%.
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Omnitech Engineering previously raised over Rs 174 crore from anchor investors.
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The Rs 583-crore IPO, with a price band of Rs 216-227 per share, concludes on February 27.
Read Full Article on News18 in English
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