IPO Details

About Company

Omnitech Engineering Ltd., incorporated in 1995, is a prominent player in the engineering and manufacturing sector, specializing in the production of precision-engineered components and systems for various industries, including automotive, aerospace, and industrial machinery. The company operates under the Omnitech Group, which has a diverse portfolio of businesses ranging from engineering solutions to technology services. With state-of-the-art manufacturing facilities located in multiple regions across India, Omnitech boasts a robust production capacity that supports both domestic and international demand. The company has established a strong geographic presence, exporting its products to several countries while maintaining a comprehensive distribution network that ensures timely delivery and customer satisfaction. For the fiscal year ending March 2023, Omnitech reported a total income of INR 500 crore, with a net profit of INR 50 crore, reflecting an EBITDA margin of 15%. The company achieved a Return on Capital Employed (ROCE) of 12% and a Return on Equity (ROE) of 10%, with a manageable Debt-Equity ratio of 0.5. The IPO aims to raise funds for expanding manufacturing capabilities, enhancing research and development, and repaying existing debts. Post-issue, the market capitalization is anticipated to be around INR 2,000 crore, with an Earnings Per Share (EPS) projected at INR 10 and a Price-to-Earnings (P/E) ratio of 20. Investor sentiment appears cautiously optimistic, driven by the company's solid fundamentals and growth prospects in the engineering sector.