Hy-Tech Engineers IPO Details
| IPO Date | 24 to 27 Aug 2026 |
|---|---|
| Listing Date | Tuesday, Sep 1, 2026 |
| Face Value | ₹5 per share |
| Price Band | ₹50 to ₹53 per share |
| Lot Size | 283 Shares |
| Issue Type | Book Building Issue |
| Sale Type | Fresh Issue cum Offer for Sale |
| Listing At | BSE, NSE |
| Total Issue Size | 2,56,10,204 Shares, aggregating up to ₹135.73 Cr |
| Fresh Issue | 1,13,20,754 Shares, aggregating up to ₹60 Cr |
| Offer for Sale | 1,42,89,450 Shares, aggregating up to ₹75.73 Cr |
| Market Cap at Upper Band | ₹502.72 Cr |
| Pre-Issue Shares | 8,35,31,840 Shares |
| Post-Issue Shares | 9,48,52,594 Shares |
Hy-Tech Engineers IPO Timeline
| IPO Event | Date |
|---|---|
| IPO Open | Monday, Aug 24, 2026 |
| IPO Close | Thursday, Aug 27, 2026 |
| Basis of Allotment | Friday, Aug 28, 2026 |
| Refunds Initiated | Monday, Aug 31, 2026 |
| Credit of Shares to Demat | Monday, Aug 31, 2026 |
| Listing | Tuesday, Sep 1, 2026 |
Hy-Tech Engineers IPO Lot Size
Investors can bid for a minimum of 283 shares. Further applications can be made in multiples of the prescribed lot size. At the upper price of ₹53 per share, one retail lot requires an investment of ₹14,999.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 283 | ₹14,999 |
| Retail Maximum | 13 | 3,679 | ₹1,94,987 |
| S-HNI Minimum | 14 | 3,962 | ₹2,09,986 |
| S-HNI Maximum | 66 | 18,678 | ₹9,89,934 |
| B-HNI Minimum | 67 | 18,961 | ₹10,04,933 |
Hy-Tech Engineers IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not more than 50% of the Net Offer |
| Retail Individual Investors | Not less than 35% of the Net Offer |
| Non-Institutional Investors (NII) | Not less than 15% of the Net Offer |
About Hy-Tech Engineers Limited
Hy-Tech Engineers Limited, incorporated in December 1978, is an engineering company that designs, manufactures and supplies hydraulic fittings for industrial applications.
The company has more than four decades of experience in the hydraulics sector and offers a broad product range comprising more than 11,000 SKUs. Its portfolio includes DIN metric fittings, JIC fittings, ORFS fittings, conversion fittings and customised hydraulic solutions.
Hy-Tech Engineers follows a B2B business model and serves customers in India as well as overseas markets. Its products are used across sectors such as construction equipment, automobiles, agricultural machinery, injection moulding equipment and hydraulic systems.
The company’s international business covers several markets, including the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, the UAE, Thailand and Germany.
The company operates manufacturing facilities located at Thane, Shirwal, Kavathe and Pithampur, with its Nashik facility supporting the manufacturing operations through forged components.
As of March 31, 2026, Hy-Tech Engineers had 468 permanent employees along with 253 contractual workers across functions including production, finance, sales, quality, supply chain, design and human resources.
Hy-Tech Engineers IPO Key Strengths
Hy-Tech Engineers IPO Financial Performance
Hy-Tech Engineers reported improvement in its financial performance during FY2026. Total income increased from ₹166.71 crore in FY2025 to ₹193.44 crore in FY2026.
Profit after tax also increased from ₹19.62 crore to ₹22.59 crore over the same period. EBITDA rose from ₹35.79 crore to ₹41.69 crore.
| Particulars | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Total Assets | ₹175.71 Cr | ₹170.65 Cr | ₹146.24 Cr |
| Total Income | ₹193.44 Cr | ₹166.71 Cr | ₹141.17 Cr |
| Profit After Tax | ₹22.59 Cr | ₹19.62 Cr | ₹11.60 Cr |
| EBITDA | ₹41.69 Cr | ₹35.79 Cr | ₹22.55 Cr |
| Net Worth | ₹122.02 Cr | ₹101.25 Cr | ₹82.22 Cr |
| Reserves & Surplus | ₹80.25 Cr | ₹59.48 Cr | ₹81.84 Cr |
| Total Borrowings | ₹29.76 Cr | ₹43.53 Cr | ₹40.84 Cr |
Figures are in ₹ crore unless otherwise stated.
Hy-Tech Engineers IPO Key Performance Indicators
| KPI | FY2026 | FY2025 |
|---|---|---|
| ROE | 20.24% | 21.39% |
| ROCE | 24.40% | 20.46% |
| RoNW | 20.24% | 21.39% |
| PAT Margin | 11.68% | 11.77% |
| EBITDA Margin | 22.01% | 22.18% |
| NAV | ₹14.61 | ₹12.12 |
| Price to Book Value | 3.63 | 4.37 |
Hy-Tech Engineers IPO Valuation
At the upper end of the IPO price band, the company is expected to have a market capitalisation of approximately ₹502.72 crore.
| Valuation Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | ₹2.70 | ₹2.38 |
| P/E | 19.63x | 22.27x |
| Market Capitalisation | ₹443 Cr | ₹502.72 Cr |
Hy-Tech Engineers IPO Objectives
The fresh issue proceeds are proposed to be used for expansion, debt reduction and general corporate requirements. The company intends to strengthen its manufacturing infrastructure while reducing certain outstanding borrowings.
| No. | Purpose | Estimated Amount |
|---|---|---|
| 1 | Capital expenditure for machinery and equipment at the Kavathe and Shirwal units and procurement for Pithampur Unit-I | ₹29.97 Cr |
| 2 | Prepayment or repayment of selected outstanding borrowings | ₹16.00 Cr |
| 3 | General Corporate Purposes | Balance Amount |
| Total | ₹45.97 Cr* | |
*The above amounts represent the stated allocation toward the identified objects and may exclude other issue-related expenses.
Hy-Tech Engineers Shareholding Pattern
| Category | Pre-IPO Shares | Post-IPO Shares |
|---|---|---|
| Promoter & Promoter Group | 8,35,31,840 | — |
| Public | — | — |
| Total | 8,35,31,840 | 9,48,52,594 |
The company promoters are Hemant Tukaram Mondkar, Surekha Hemant Mondkar and Ashwin Hemant Mondkar.
Hy-Tech Engineers IPO Offer for Sale
The IPO includes an offer-for-sale component of 1,42,89,450 equity shares. These shares are being offered by existing promoter shareholders, with the proceeds from the OFS going to the selling shareholders rather than becoming part of the company’s fresh capital.
| Selling Shareholder | Category | Shares Offered | Amount |
|---|---|---|---|
| Hemant Tukaram Mondkar | Promoter | 89,80,961 | ₹47.60 Cr |
| Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar | Promoter | 53,08,489 | ₹28.13 Cr |
| Total | 1,42,89,450 | ₹75.73 Cr |
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Hy-Tech Engineers IPO Review
What Is Hy-Tech Engineers IPO GMP?
GMP stands for Grey Market Premium. It is an unofficial indicator used by some market participants to gauge how an IPO may be perceived before its shares begin trading on the stock exchanges.
The grey market operates outside the formal exchange mechanism, and GMP values can change frequently based on market sentiment, demand and expectations.
GMP is not an official price indicator and should not be treated as a guaranteed listing gain. Actual listing performance can be significantly different from grey-market indications.
Hy-Tech Engineers IPO Registrar
Bigshare Services is the registrar appointed for the Hy-Tech Engineers IPO. The registrar handles IPO application processing, allotment-related records, refunds and credit of shares to successful applicants.
Phone: 8657578989 / 8069219065 / 8069219060
Email: ipo@bigshareonline.com
Hy-Tech Engineers IPO Lead Manager
| No. | Book Running Lead Manager |
|---|---|
| 1 | New Berry Capitals Pvt. Ltd. |
Hy-Tech Engineers Contact Details
Plot No. A-160,
Main Road,
Wagle Industrial Estate,
Thane, Maharashtra – 400604
Phone: +91 22 4097 1916
Email: hytechcs@hy-techengineers.com
Official Website: hy-techengineers.com
Hy-Tech Engineers IPO FAQs
When will Hy-Tech Engineers IPO open?
The Hy-Tech Engineers IPO is scheduled to open for subscription on August 24, 2026.
When will Hy-Tech Engineers IPO close?
The IPO subscription period is scheduled to end on August 27, 2026.
What is the Hy-Tech Engineers IPO price band?
The price band has been fixed at ₹50 to ₹53 per equity share.
What is Hy-Tech Engineers IPO lot size?
The minimum application size is 283 shares.
What is the minimum investment for Hy-Tech Engineers IPO?
At the upper price of ₹53 per share, one lot of 283 shares requires an investment of ₹14,999.
What is the total size of Hy-Tech Engineers IPO?
The IPO comprises approximately ₹135.73 crore, including a fresh issue of up to ₹60 crore and an offer for sale of approximately ₹75.73 crore.
How many shares are offered in the Hy-Tech Engineers IPO?
The total issue comprises approximately 2,56,10,204 equity shares.
When will Hy-Tech Engineers IPO allotment be finalized?
The basis of allotment is expected to be finalized on August 28, 2026.
When will Hy-Tech Engineers shares be listed?
The tentative listing date is September 1, 2026 on both BSE and NSE.
Who is the registrar of Hy-Tech Engineers IPO?
Bigshare Services Pvt. Ltd. is the registrar appointed for the Hy-Tech Engineers IPO.
Who is the lead manager of Hy-Tech Engineers IPO?
New Berry Capitals Pvt. Ltd. is the book running lead manager for the issue.
Where can I check Hy-Tech Engineers IPO GMP?
You can check the latest grey market premium updates on the Hy-Tech Engineers IPO GMP page on TradingMinds.
Disclaimer: This IPO article is intended only for general informational and educational purposes. It should not be treated as investment, financial or trading advice. IPO dates, issue details, price bands, allotment schedules and other information may change based on official announcements. Grey market premium figures are unofficial and can fluctuate substantially. Investors should carefully read the official IPO documents and evaluate the company’s business, financial position, valuation and risks before making any investment decision.
