Abhinav Khandelwal

Helping Indian businesses go public.
SME & MainBoard IPOs | PreIPO and PE Investments
DM for IPO roadmap.

[Abhinav Khandelwal @abhinav_credals]

SME IPO is not just about raising capital — it’s about brand, trust, and scale.
We help founders prepare, pitch, and go public with confidence.
Want a free IPO readiness checklist?
Like + DM ‘IPO’ and I’ll send it.
#StartupIndia #IPOSimplified

[Abhinav Khandelwal @abhinav_credals]

Heartiest birthday wishes to Hon’ble Prime Minister Shri @narendramodi ji.

India’s digital transformation and focus on Ease of Doing Business are building a more efficient, transparent and inclusive business ecosystem.

@FollowCII @CimGOI @PMOIndia

— Abhinav
CII Chhattisgarh

[Abhinav Khandelwal @abhinav_credals]

As Hon’ble PM Narendra Modi completes 12 years of transformative leadership, the Insolvency and Bankruptcy Code (IBC) stands out as a landmark reform.

@FollowCII

#12YearsOfSeva #IBC #ViksitBharat #TransformingIndia #CII4India

[Tanmay 🇮🇳 @Tanmay_31_]

Omnitech Engineering IPO

Final Verdict

Applying For Medium To Long-term, Small Risk Takers Can Evaluate For Small Listing Gains

Highlights of the Issue :

Date : 25-27 February
Price Band : 216-227

Size : 583 Crore
Fresh - 418 Crore
OFS - 165 Crore

M.cap : 2,807 Crore

Objects Of The Issue :

▪︎ Funding Capital Expenditure towards setting up Proposed Facility 1 - 132.8 Cr

▪︎ Funding Capital Expenditure towards setting up Proposed Facility 2 - 100.7 Cr

▪︎ Repayment Of Debt - 50 Cr

▪︎ Funding Capital Expenditure Towards purchase of new equipment/machinery for Existing Facility 2 and purchase of Solar Panels - 18.7 Cr

▪︎ GCP - 115.8 Cr

Key Pointers :

▪︎ Omnitech Engineering is one of India’s fastest growing manufacturers of High precision engineered components and assemblies

▪︎ The Company serves its critical components to a wide range of customers in sectors like Energy, Motion Control & Automation, Industrial Equipment Systems, Aerospace, Metal Forming, Etc.

▪︎ Clientele :
– Energy - SLB, Weatherford, Halliburton Energy, Suzlon, Boart Longyear, Lufkin, Etc.

– Motion Control and Automation - Oilgear, EJN, Push Industries, Etc.

– Industrial Equipment Systems - Oshkosh Aerotech, Donaldson, Jyoti CNC, Etc.

– Others - Bharat Aerospace Metals, Inventive, Unique Ferro, Rolex Industrial Corporation, Pro Tech, Etc.

▪︎ Omnitech Manufacturers a wide range of components ranging from a weight of 0.003 kg to 503.33 kg, a diameter of 1.27 centimetre to 1 meters and a length of 0.2 centimetre to 10 meters.

▪︎ The Company has three existing manufacturing facilies in Rajkot, The Company is looking to setup two new facilities from the IPO Proceeds, increasing its Manufacturing Capacities and
Capabilities robustly and making it ready to cater to a healthy orderbook of 1,800 Cr+

▪︎ The Company is also looking to increase its Capacities in existing facility through adding new plant and machinery and installing Solar Systems to reduce power expenses and also looking to deleverage its balance sheet slightly

Financials and Personal Assumptions :

FY24
Revenue : 182 Crore
EBITDA : 65 Crore
PAT : 18.9 Crore

FY25
Revenue : 350 Crore
EBITDA : 117.8 Crore
PAT : 43.9 Crore

H1 FY26
Revenue : 236.7 Crore
EBITDA : 70 Crore
PAT : 27.8 Crore

FY26E
Revenue : 485 Crore
EBITDA : 160 Crore
PAT : 62 Crore

FY27E
Revenue : 675 Crore
EBITDA : 240 Crore
PAT : 105 Crore

Valuing Omnitech at 17.5× FY27E EV/EBITDA (Discount of ~50% over Azad, MTAR, Unimech), Anticipated Value Comes At 306, Implying An Upside Of 35%

The discount has been given as others have Defence and Aerospace as their primary vertical, whereas Omnitech is also looking to expand its Aerospace Portfolio, but should take 2 years to have Aerospace and Defence Products

But Yes, the orderbook Trend for Omnitech is super good

FY23 - 57.5 Crore
FY24 - 84 Crore
FY25 - 283.7 Crore
H1 FY26 - 1,764.8 Crore

Also the company would have additional revenues except the orderbook from its regular SKUs and Clientele on a steady state basis

Market will off late start discounting the Capex and robust growth over next 3-5 years

Overall A fantastic company with good Promoters Poised for a good future, If this had came in bull markets, this would have got a 100× oversubscription 🙂

It's commendable and inspiring that how the Promoters have build a 2,800 Cr Valuation company in a segment of Precision Engineering with a capital of 1,00,000 with no external equity capital, Hats off 👏

Frankly this IPO ticks all the boxes for me, It's just the Sentiments which doesn't give confidence on the listing

Just A Personal View, Only For Educational Purposes

[Abhinav Khandelwal @abhinav_credals]

@BoucherNicolas Claude

[Abhinav Khandelwal @abhinav_credals]

@TommiPedruzzi Claude

[Abhinav Khandelwal @abhinav_credals]

@razib_ul47671 Ai

[Abhinav Khandelwal @abhinav_credals]

@BoucherNicolas Claude

[Abhinav Khandelwal @abhinav_credals]

@SunilBSinghania All the Best Team Abakkus and @SunilBSinghania. Looking forward to the thesis and deck.

[Abhinav Khandelwal @abhinav_credals]

https://t.co/q96EEuIaHF

[Jaynit @jaynitx]

In 1998, Warren Buffett gave a 1-hour masterclass on how to never lose money investing.

His frameworks:
• The 10% ownership test
• Castle & moat thinking
• Circle of competence
• Why smart people go broke

12 timeless lessons from his masterclass:

1. The 10% ownership test

[Abhinav Khandelwal @abhinav_credals]

@cars24india is a careless and fraudulent company. I have sold my Creta to them on 09 Sep 2025, since then they have not done RC Transfer and even their reckless drivers have got 4 challans as well.
And now they don't even care to pay them.

[Abhinav Khandelwal @abhinav_credals]

Highway Infrastructure Ltd IPO
Aug 5–7 | ₹65–₹70
Lot: 211 shares | Size: ₹130 Cr (Fresh + OFS)
Face: ₹5 | Retail: 40%
FY24: Rev ₹576.5 Cr | PAT ₹21.4 Cr
Biz: Toll Collection, EPC, Real Estate
Mainboard IPO ahead!
#IPOAlert #HighwayInfraIPO #StockMarketIndia #CredalisCapital

[Abhinav Khandelwal @abhinav_credals]

NSDL IPO – Final Details🗓️Jul 30 – Aug 1 | ₹760–₹800
Lot: 18 shares | OFS: ₹4,011.6 Cr
Retail: 35% | Employee: ₹6.15 Cr
₹76 discount for employees
M-Cap: ₹16,000 Cr | PE: 46.6×
Peer: CDSL – 66.7×📌 India’s oldest depository goes public!
#NSDLIPO #IPOAlert #StockMarketIndia

[Abhinav Khandelwal @abhinav_credals]

📊 IPO Subscription Update 🔁

🔹 Brigade Hotel (Day 1) – 0.62×
🔹 GNG Electronics (Day 2) – 26.88×
🔹 IndiQube (Day 2) – 2.54×
📈 Follow @CredalisCapital for daily IPO buzz!
#IPOUpdate #StockMarket #CredalisCapital #Investing

[Abhinav Khandelwal @abhinav_credals]

Sterling & Wilson Renewable Energy Update
Bid pipeline crosses 30 GW
26+ GW targeted for India 🇮🇳
High interest from PSUs & Private IPPs
Most domestic bids to be awarded by Dec 2025
📌Strong momentum in India’s green energy space!
#GreenEnergy #Renewables #SterlingAndWilson

[Abhinav Khandelwal @abhinav_credals]

📄 Zerodha Fund House Update
🆕 Filed with SEBI for 2 new ETFs:
📌 Nifty 8–13 Yr G-Sec ETF
📌 Nifty Smallcap 100 ETF
📈 Expanding passive investment options in both debt & equity!
Stay tuned for more mutual fund & ETF updates.
Follow @CredalisCapital for insights.
#Zerodha #IPOs

[Abhinav Khandelwal @abhinav_credals]

✅ SEBI’s Green Signal!
7 IPOs Cleared for Launch
1️⃣ Vinir Eng
2️⃣ Pranav Constructions
3️⃣ Fujiyama Power
4️⃣ Saatvik Green Energy
5️⃣ PhysicsWallah
6️⃣ Sis Cash Services
7️⃣ Anlon Healthcare
Gaudium IVF withdraws IPO plans.
IPO runway is heating up — stay ready!
#IPOAlert #SEBI

[Abhinav Khandelwal @abhinav_credals]

📚 PhysicsWallah IPO Update
✅ SEBI clears confidential DRHP
🧾 UDRHP filing next
📆 Expected listing: September
💰 IPO Size: ₹4,000–₹4,500 Cr (est.)
India’s homegrown edtech unicorn is gearing up to go public!
#IPOAlert #PhysicsWallah #Edtech #StockMarketIndia #StartupIndia

[Abhinav Khandelwal @abhinav_credals]

🧪Aarthi Scans & Labs – Pre-IPO Buzz!
Raising ₹250 Cr via minority stake ahead of IPO (2–3 yrs).
75 centers | Debt-free | Profitable
FY25 Rev: ₹305 Cr | FY26: ₹375 Cr
Growth Target: 20–22% YoY
Focus: Acquisitions + AI
📌 Affordable diagnostics, tech scale.
#ipo #IPOAlert

[Abhinav Khandelwal @abhinav_credals]

📈 GNG Electronics IPO – FINAL DAY FIREWORKS! 🔥
💥 Blockbuster response:
QIBs: 112.59×
NIIs: 199.31× (BHNI: 221.62× | SHNI: 154.68×)
Retail: 40.06× 🤯
Total: 94.86× 💣
One of the hottest SME IPOs this season!
📌 Allotment & listing updates soon
Follow @CredalisCapital for more!

[Abhinav Khandelwal @abhinav_credals]

📢 Jane Street is back!
After a $567M deposit 💰, SEBI lifts the trading halt.
Global market maker returns — big boost for India 🇮🇳📈
DM “MARKET MOVE” to know how this impacts IPOs & volumes.
#SEBI #JaneStreet #CredalisCapital #MarketUpdate #IPOMarket