Omnitech Engineering Share Price

Omnitech Engineering Limited was initially formed as a partnership Firm, pursuant to a partnership deed dated September 1, 2006, under the name M/s. Omnitech Engineering' and was registered with the Registrar of Firms, Rajkot, Gujarat on January 5, 2009. Subsequently, the partnership Firm was converted into a private Company with the name Omnitech Engineering Private Limited' and received a certificate of incorporation issued by the Ministry of Corporate Affairs through Registrar of Companies, Central Registration Centre, on August 9, 2021. Thereafter, Company was converted into a public limited Company reflecting the name as Omnitech Engineering Limited', pursuant to a fresh certificate of incorporation dated October 24, 2024. The Company is one of the key manufacturers of high precision engineered components and assemblies supplying to global customers across industries. Products find applications in industries such as (i) Energy which includes supplies with end application primarily in oil & gas, wind energy and power sector; (ii) Motion Control and Automation which primarily includes supplies with electro-mechanical systems to end applications primarily in drives and motors, flow control, motion control, sensors, automation and hydraulics; (iii) Industrial Equipment Systems which includes supplies with end application primarily in aerospace ground support equipment, construction equipment, machineries for diverse applications, and components for winches and hoists; and (iv) Others which includes supplies with end application primarily in metal forming and other diversified industrial application. With 18 years of experience, it manufacture highly engineered precision machined components and assemblies that are majorly utilized towards safety critical applications. Company operate out of 2 manufacturing facilities in Metoda and Chhapara, Rajkot, Gujarat. Company has deployed industrial robots for certain machining lines. The Manufacturing Facilities also includes a dedicated testing center to analyse raw materials and finished products using tests and machines for dimensional measurements such as co-ordinate measuring machines (CMM), vision measuring machines (VMM), contour measuring machine, roundness tester, and facility for hydro testing. Company is planning the IPO by raising funds aggregating to Rs 850 Crore equity shares having the face value of Rs 5 each, comprising a fresh issue of Rs 520 Cr equity shares and Rs 330 Cr equity shares via offer for sale.