Description
BSE circular providing lock-in details for equity shares of Omnitech Engineering Limited following its IPO, covering 123,666,020 total shares with varying lock-in periods from March 2026 to March 2029.
Summary
BSE has issued a circular detailing the lock-in schedule for equity shares of Omnitech Engineering Limited (Rajkot, Gujarat) following its IPO. The circular specifies distinctive number ranges, lock-in types, and applicable lock-in periods for a total of 123,666,020 equity shares, effective from 2 March 2026.
Key Points
- Total equity shares listed: 123,666,020 fully paid-up equity shares in demat form.
- Anchor investor shares (7,691,629 shares) are subject to a 30-day lock-in (until 31 March 2026) and a 90-day lock-in (until 30 May 2026) in two equal tranches of approximately 38,45,814 and 38,45,815 shares.
- Promoter/pre-IPO shares are locked in for periods ranging from 6 months (until 2 September 2026) to 3 years (until 2 March 2029).
- IPO public category shares are not subject to lock-in.
- All shares are held in demat form; distinctive numbers are for presentation purposes only.
- Lock-in details are further elaborated on pages 118–122 of the company’s Prospectus.
Regulatory Changes
No new regulatory changes introduced. This circular is a standard post-IPO listing compliance disclosure as required by SEBI and BSE listing regulations.
Compliance Requirements
- Locked-in shareholders must not transfer or pledge shares during the respective lock-in periods.
- Company Secretary (Bhoomi Manharbhai Vadhavana, Membership No. A54468) has certified the lock-in details.
- Investors and brokers must reference the Prospectus (pages 118–122) for complete lock-in information.
Important Dates
| Event | Date |
|---|---|
| Lock-in commencement | 02 March 2026 |
| Anchor investor lock-in expiry (Tranche 1) | 31 March 2026 |
| Anchor investor lock-in expiry (Tranche 2) | 30 May 2026 |
| Promoter lock-in expiry (6-month tranches) | 02 September 2026 |
| Promoter lock-in expiry (1-year tranches) | 02 March 2027 |
| Promoter lock-in expiry (3-year tranches) | 02 March 2029 |
| Circular date | 03 March 2026 |
Impact Assessment
The lock-in schedule limits early selling pressure from promoters and anchor investors, which is typical for IPO listings. The significant 3-year lock-in on a portion of promoter shares (63,999,074 shares until March 2029) provides long-term price stability signals. Short-term trading activity will be primarily driven by the freely tradable IPO public category shares. Anchor investor lock-in expiries in March and May 2026 may create minor selling pressure at those points.
Impact Justification
Routine IPO listing lock-in disclosure for Omnitech Engineering Limited; relevant to investors holding or trading shares but limited broader market impact.