Latest Updates Around The World
Omnitech Engineering’s IPO opens for subscription today, with the precision engineering player aiming to raise Rs 583 crore through a mix of a new issue and an for-sale offer. The issue, which closes on February 27, is priced between Rs 216 and 227 per share. At the high end, the company is valued at a […]
ET Intelligence Group: Omnitech Engineering, a manufacturer of high-precision manufactured components, plans to raise `418 crore through a fresh issue to fund new facilities and repay debt. It will also raise `165 crore through a sale offer. The promoter group’s stake will drop from 94.1% to 74.2% after the IPO. The company has a loyal […]
