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Mutual funds pick fewer IPOs but deliver bigger returns in the first half of 2026
Mutual funds have turned more selective in India's IPO market, participating in only 19 of the 28 public issues in the first half of 2026, according to Prime Database. Despite bidding less, their stock selection has outperformed. Ten of the 11 IPOs led by mutual funds are trading above their issue price, with Omnitech Engineering surging 133%. As mega IPOs such as NSE, Jio and SBI Funds line up in the second half, investors will be watching whether mutual funds continue their disciplined approach or increase participation.Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
Omnitech Engineering consolidated net profit rises 43.19% in the March 2026 quarter
Sales rise 38.46% to Rs 148.72 crore
Omnitech Engineering ends steeply higher after securing deal worth Rs 920 crore
Omnitech Engineering had zoomed 9.06% to end at Rs 209.45 after the company announced that it has secured a contract through master purchase agreement from Weatherford Products GmbH.
Omnitech Engineering bags ₹920 crore order from Weatherford Products GmbH
Omnitech Engineering secured a ₹920 crore order from Weatherford via a Master Purchase Agreement. Shares rose 8.30% to ₹208.95 on NSE.
Omnitech Engineering shares list at 11% discount to IPO price
The IPO was subscribed 1.14 times overall. The retail portion was subscribed 2.86 times, while the non-institutional investor segment was booked 73% and the qualified institutional buyer portion 33%.
Omnitech Engineering IPO listing date tomorrow. Here’s what GMP signals about stock market debut
Omnitech Engineering IPO listing date is 5 March 2026, Thursday. Ahead of the debut, Omnitech Engineering IPO GMP today signals a weal trend, with expected discounted listing.
Omnitech Engineering shares up nearly 2% on order win worth Rs 920 crore
Omnitech Engineering Share Price | The market capitalisation of the company stands at Rs 2,590.18 crore.
Stocks to Watch Today: Data Patterns, Adani Power, Waaree Energies, Ramky Infra, Bajel Projects, Voltas, JK Lakshmi Cement, GMR Airports, Seamec in focus on 16 March
Stocks to Watch, 16 March: Stocks like Omnitech Engineering, Data Patterns (India), Adani Power, Avenue Supermarts, Waaree Energies, Dilip Buildcon, Ramky Infrastructure, Bajel Projects, Voltas, JK Lakshmi Cement, GMR Airports, Seamec, and InterGlobe Aviation will be in focus on March 16.
Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March
Stocks to Watch, 12 March: Stocks like Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Mahanagar Gas, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington will be in focus on March 12.
Stocks to Watch Today: Hindustan Unilever, Ramky Infrastructure, BSE, Gujarat Gas, Sundram Fasteners, Omnitech Engineering in focus on 5 March
Stocks to Watch, 5 March: Stocks like Hindustan Unilever, Ramky Infrastructure, Cyient, Protean eGov Technologies, BSE, Polycab India, Great Eastern Shipping Company, Gujarat Gas, and Omnitech Engineering will be in focus on March 5.