Hy-Tech Engineers Limited IPO
Price Band
₹50 – ₹53
Issue Size
₹135.73 Cr
Issue Dates
24 Aug – 27 Aug 2026
Listing Date
1 Sept 2026
About Hy-Tech Engineers Ltd.
Incorporated in December 1978, Hy-Tech Engineers Limited is an engineering company engaged in the design, manufacture and supply of hydraulic fittings for diverse industrial applications. With over four decades of experience in the hydraulics industry, the Company offers a portfolio of more than 11,000 SKUs, including DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal (ORFS) fittings, conversion fittings and customized hydraulic fittings. The Company operates on a B2B model across domestic and international markets, serving OEMs and industrial customers through direct sales as well as authorized distributors and distribution partners. Its products cater to industries including construction machinery, automotive, farming machinery, injection moulding machines and hydraulic systems, while certifications for railway and defence applications further expand its market reach. As of March 31, 2026, the Company had an international presence across markets including the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, Thailand and Germany. Hy-Tech Engineers operates manufacturing facilities at Thane, Shirwal, Kavathe and Pithampur, supported by its Nashik unit, which supplies forged components to these facilities as part of its backward integration strategy. As of March 31, 2026, the Company had 468 permanent employees and a contractual workforce of 253 personnel.
IPO Details
| Price Band | ₹50 – ₹53 |
| Face Value | ₹5 |
| Issue Size | ₹135.73 Cr |
| Fresh Issue | ₹60 Cr |
| Offer for Sale | ₹75.73 Cr |
| Total Shares Offered | 2,56,10,204 |
| Listed On | Both |
Objects of the Issue
Funding capital expenditure requirement of the Company towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and procurement at Pithampur Unit-I: ₹29.97 Cr; Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company: ₹16.00 Cr; General Corporate Purposes: amount not disclosed. Total (as per RHP object table): ₹45.97 Cr. Offer for Sale (₹75.73 Cr) - Selling Shareholders: Hemant Tukaram Mondkar (Promoter) 89,80,961 shares, ₹47.60 Cr; Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar (Promoter) 53,08,489 shares, ₹28.13 Cr; Total 1,42,89,450 shares, ₹75.73 Cr.
Key Financial Metrics
ROE
20.24%
ROCE
24.4%
Financial Performance
| Particulars (₹ Cr) | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | — | — | — |
| EBITDA | 22.55 | 35.79 | 41.69 |
| PAT | 11.6 | 19.62 | 22.59 |
| Total Assets | 146.24 | 170.65 | 175.71 |
| Net Worth | 82.22 | 101.25 | 122.02 |
| Total Borrowings | 40.84 | 43.53 | 29.76 |
Valuation
Market Capitalisation
P/E Ratio
Promoter Holding
Public Holding
Lot Size & Allocation
Investment by Category
| Category | Lot Size | Min Investment | Max Investment |
|---|---|---|---|
| retail_min | 283 shares | ₹14,999 | — |
| retail_max | 283 shares | — | ₹1,94,987 |
| shni_min | 14 × 283 | ₹2,09,986 | — |
| shni_max | 283 shares | — | ₹9,89,934 |
| bhni_min | 67 × 283 | ₹10,04,933 | — |
Reservation / Allocation
| Category | Allocation | Cut-off |
|---|---|---|
| QIB (Not more than 50% of the Net Offer) | 50% | No |
| Retail (Not less than 35% of the Net Offer) | 35% | No |
| NII (Not less than 15% of the Net Offer) | 15% | No |
Registrar & Lead Managers
Registrar
Lead Managers (1)
Frequently Asked Questions
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