Omnitech Engineering Secures Rs 175 Crore from Anchor Investors Ahead of Rs 583-Crore IPO

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Omnitech Engineering Raises Rs 175 Crore via Anchor Book Ahead of Rs 583-Crore IPO

Omnitech Engineering IPO News

M

Moneycontrol•24-02-2026, 20:57

Omnitech Engineering Raises Rs 175 Crore via Anchor Book Ahead of Rs 583-Crore IPO

•Omnitech Engineering secured Rs 174.6 crore from anchor investors on February 24, ahead of its Rs 583-crore IPO.
•The IPO comprises a fresh issue of Rs 418 crore and an offer-for-sale of Rs 165 crore by promoter Udaykumar Arunkumar Parekh.
•The price band for the public subscription, open from February 25-27, is fixed at Rs 216-227 per share.
•17 anchor investors, including ICICI Prudential Mutual Fund and Nippon Life India, were allocated 76.91 lakh shares.
•Proceeds will fund new manufacturing facilities, solar panels, equipment, and debt repayment.

Read Full Article on Moneycontrol in English

✦

More like this

✦

More like this

Representational image (Image: News18)

Aye Finance Raises Rs 454 Cr from Anchor Investors Ahead of IPO Launch

Representational image (Image: News18)

Sedemac Mechatronics Raises Rs 326 Cr from Anchor Investors Ahead of IPO Launch

Aye Finance IPO News

Aye Finance Secures Rs 454 Crore from Anchor Investors, Rs 1,010-Crore IPO Opens Feb 9

Motilal Oswal Alternates Closes First Private Credit Fund at ₹1,700 Crore

Motilal Oswal Alternates Closes First Private Credit Fund at ₹1,700 Crore

Omnitech Engineering shares debut at discount; IPO subscribed 1.14 times

Omnitech Engineering shares debut at discount; IPO subscribed 1.14 times

Representational image (Image: News18)

PNGS Reva Raises Rs 171 Cr from Anchor Investors; IPO Opens Tuesday