Omnitech Engineering, a Gujarat-based precision components maker, has filed its RHP for a Rs 583 crore IPO comprising a Rs 418 crore fresh issue and a Rs 165 crore offer for sale by promoter Udaykumar Arunkumar Parekh. The issue will be offered via the book-building route, with up to 50% reserved for QIBs and anchor bidding opening on February 24, followed by the main offer from February 25–27.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets