Omnitech Engineering IPO Day 3: Check GMP, subscription status, and broker views

Omnitech Engineering's Rs 583 crore IPO is nearing its close with a modest grey market premium, suggesting a potential listing gain around Rs 230. The issue, comprising a fresh issue and an offer for sale, has seen cautious investor interest so far. The company, a precision engineering solutions provider, aims to use proceeds for debt repayment and expansion.