Omnitech Engineering Files for ₹850 Crore IPO with SEBI

Omnitech Engineering, a company that makes parts and systems for other businesses, is planning to sell shares to the public through an IPO.

They plan to raise ₹850 crore by selling new shares and some shares from existing owners.

This money will go towards paying off debts, building new factories, and general company expenses.

Equirus Capital and ICICI Securities are helping manage the share sale, and the company's profits have recently increased significantly.