Hy-Tech Engineers Limited IPO

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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 Sale75.73 Cr
Total Shares Offered2,56,10,204
Listed OnBoth

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)FY2024FY2025FY2026
Revenue
EBITDA22.5535.7941.69
PAT11.619.6222.59
Total Assets146.24170.65175.71
Net Worth82.22101.25122.02
Total Borrowings40.8443.5329.76

Valuation

Market Capitalisation

Pre-IPO₹443 Cr
Post-IPO₹502.72 Cr

P/E Ratio

Pre-IPO19.63x
Post-IPO22.27x

Promoter Holding

Pre-IPO97.99%
Post-IPO71.23%

Public Holding

Pre-IPO2.01%
Post-IPO28.77%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
retail_min283 shares₹14,999
retail_max283 shares₹1,94,987
shni_min14 × 283₹2,09,986
shni_max283 shares₹9,89,934
bhni_min67 × 283₹10,04,933

Reservation / Allocation

CategoryAllocationCut-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

Bigshare Services Pvt.Ltd.

Lead Managers (1)

New Berry Capitals Pvt.Ltd.

Frequently Asked Questions

1 questions about Hy-Tech Engineers Limited IPO IPO

Hy-Tech Engineers IPO is a main-board IPO of 2,56,10,204 equity shares of face value ₹5 aggregating up to ₹136 Crores. The issue is priced at ₹50 to ₹53. The minimum order quantity is 283 shares. The IPO opens on Mon, Aug 24, 2026, and closes on Thu, Aug 27, 2026. Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Important Dates

Issue Opens24 Aug 2026
Issue Closes27 Aug 2026
Allotment28 Aug 2026
Refund Initiation31 Aug 2026
Demat Credit31 Aug 2026
Listing Date1 Sept 2026

Live GMP

Grey Market Premium2
GMP %3.77%
View GMP History

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