Hy-Tech Engineers IPO is a Mainboard Book Built public issue by Hy-Tech Engineers Limited. The public issue comprises a fresh issue of equity shares aggregating to ₹60 crore and an Offer for Sale of up to 1,42,89,450 equity shares. The total Hy-Tech Engineers IPO issue size is approximately ₹135.73 crore at the upper price band. The company’s equity shares are proposed to be listed on both BSE and NSE.
Hy-Tech Engineers IPO Price has been fixed in the range of ₹50 to ₹53 per equity share with a face value of ₹5 per share. The IPO opens for subscription on 24 August 2026 and closes on 27 August 2026. Anchor investor bidding took place on 21 August 2026. The basis of allotment is scheduled for 28 August 2026, while refunds and demat credit are scheduled for 31 August 2026. The proposed listing date is 1 September 2026.
Hy-Tech Engineers Limited is an engineering company engaged in the design, manufacturing and supply of hydraulic fittings for industrial applications. The company has been operating in the hydraulics industry for more than four decades and has developed a product portfolio comprising more than 11,000 standard and customised hydraulic fittings.
Its products include DIN metric fittings, JIC fittings, O-Ring Face Seal fittings, conversion fittings and other customised hydraulic components. These products are used in construction machinery, automotive applications, agricultural machinery, injection moulding machines and hydraulic systems.
The company operates a B2B business model and serves original equipment manufacturers, industrial customers and distributors in domestic and international markets. Its international presence covers markets including the USA, Germany, Italy, Belgium, Brazil, Poland, Russia, the UAE, Saudi Arabia, Hungary and Thailand.
Hy-Tech Engineers operates manufacturing facilities across Maharashtra and Madhya Pradesh. Its facilities are located at Thane, Shirwal, Kavathe and Nashik in Maharashtra and Pithampur in Madhya Pradesh. The Nashik facility supports the company’s backward integration strategy by supplying forged components to its manufacturing facilities.
The company has also developed capabilities to serve specialised sectors. Its products have applications in railways and defence, while the company has obtained relevant approvals and certifications that can support its expansion into these markets.
The organised engineering and industrial components sector in India is supported by manufacturing growth, infrastructure development, expansion of automotive and construction equipment industries, increasing mechanisation in agriculture and rising demand for hydraulic systems.
Investors should carefully evaluate the company’s financial performance, customer concentration, manufacturing capacity, export exposure, valuation, competitive position and future expansion plans before making an investment decision.
IPO Details
| Information | Details |
|---|---|
| IPO Name | Hy-Tech Engineers IPO |
| Company Name | Hy-Tech Engineers Limited |
| IPO Type | Book Built Issue |
| IPO Category | Mainboard IPO |
| Face Value | ₹5 Per Equity Share |
| Price Band | ₹50 to ₹53 Per Share |
| Issue Size | ₹135.73 Crore |
| Fresh Issue | ₹60 Crore |
| Offer for Sale | Up to 1,42,89,450 Equity Shares |
| Total Shares Offered | Approximately 2,56,10,205 Equity Shares |
| IPO Open Date | 24 August 2026 |
| IPO Close Date | 27 August 2026 |
| Anchor Investor Bidding | 21 August 2026 |
| Basis of Allotment | 28 August 2026 |
| Refund Initiation | 31 August 2026 |
| Shares Credited to Demat Account | 31 August 2026 |
| Listing Date | 1 September 2026 |
| Listing Exchange | BSE & NSE |
| Lot Size | 283 Equity Shares |
| Retail Minimum Investment | ₹14,999 |
| Retail Maximum Investment | ₹1,94,987 |
| S-HNI Minimum Investment | ₹2,09,986 |
| B-HNI Minimum Investment | ₹10,04,933 |
| Registrar | Bigshare Services Private Limited |
| Book Running Lead Manager | New Berry Capitals Private Limited |
The company proposes to utilise approximately ₹29.97 crore from the fresh issue for funding capital expenditure towards procurement of machinery and equipment for expansion at its Kavathe and Shirwal units and procurement for Pithampur Unit-I.
Approximately ₹16 crore from the fresh issue is proposed to be used for repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company.
The remaining proceeds will be used for general corporate purposes.
The proceeds from the Offer for Sale will be received by the respective selling shareholders and will not accrue to the company.
Hy-Tech Engineers IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 21 August 2026 |
| IPO Opening Date | 24 August 2026 |
| IPO Closing Date | 27 August 2026 |
| Basis of Allotment | 28 August 2026 |
| Refund Initiation | 31 August 2026 |
| Shares Credited to Demat Account | 31 August 2026 |
| Listing Date | 1 September 2026 |
The Hy-Tech Engineers IPO Allotment is scheduled to be finalised on 28 August 2026. Successful applicants are expected to receive the allotted shares in their demat accounts on 31 August 2026 before the proposed listing on 1 September 2026.
Hy-Tech Engineers IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | 50% |
| Non-Institutional Investors (NII) | 15% |
| Retail Individual Investors (RII) | 35% |
The final allocation under each investor category will depend on the number of valid applications received during the IPO bidding period.
Hy-Tech Engineers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 283 Shares | ₹14,999 |
| Retail Maximum | 13 Lots | 3,679 Shares | ₹1,94,987 |
| S-HNI Minimum | 14 Lots | 3,962 Shares | ₹2,09,986 |
| S-HNI Maximum | 66 Lots | 18,678 Shares | ₹9,89,934 |
| B-HNI Minimum | 67 Lots | 18,961 Shares | ₹10,04,933 |
The application amounts shown above are calculated using the upper Hy-Tech Engineers IPO Price of ₹53 per equity share.
About Hy-Tech Engineers Limited
Hy-Tech Engineers Limited is an engineering company engaged in the manufacturing and supply of hydraulic fittings and related components. The company has been operating in the hydraulics industry for more than 40 years and has developed manufacturing and product-development capabilities for a wide range of industrial applications.
The company’s product portfolio includes more than 11,000 standard and customised hydraulic fittings. These include DIN metric fittings, JIC fittings, O-Ring Face Seal fittings, conversion fittings and other hydraulic products.
Hydraulic fittings are used to connect hydraulic components and facilitate the transfer of hydraulic fluids in machinery and equipment. They are used across industries where hydraulic systems are required for power transmission, movement and control.
Hy-Tech Engineers serves customers across several industries, including construction equipment, automotive components, agricultural machinery, injection moulding machines and hydraulic systems.
The company operates through a B2B model and supplies products directly to OEMs and industrial customers while also using a distributor network to reach domestic and international markets.
The company has established manufacturing facilities across Maharashtra and Madhya Pradesh. The Nashik unit supports the manufacturing network by supplying forged components, providing a degree of backward integration.
As of March 31, 2026, the company had 468 permanent employees and a contractual workforce of 253 personnel across production, finance, sales and marketing, quality control, supply chain, design and human resources.
The company also has an international customer base and supplies products to markets including the USA, Germany, Italy, Belgium, Brazil, Poland, Russia, the UAE, Saudi Arabia, Hungary and Thailand.
Business Operations
Hy-Tech Engineers operates across the hydraulic fittings manufacturing value chain.
- Hydraulic Fittings Manufacturing – The company manufactures a wide range of hydraulic fittings for industrial machinery and equipment.
- DIN Metric Fittings – It manufactures DIN metric fittings used in hydraulic systems across industrial applications.
- JIC Fittings – The company manufactures JIC fittings for hydraulic and fluid-transfer applications.
- O-Ring Face Seal Fittings – It manufactures ORFS fittings designed for hydraulic applications requiring reliable sealing.
- Conversion Fittings – The company provides conversion fittings for connecting hydraulic systems using different standards and configurations.
- Customised Hydraulic Fittings – It develops customised products according to specific customer and equipment requirements.
- Forged Components – The Nashik unit supports the manufacturing facilities through captive forging and backward integration.
- OEM Supply – The company supplies hydraulic components directly to original equipment manufacturers.
- Distributor Network – It uses authorised distributors to expand its market reach.
- Automotive Applications – Its products are used in automotive and related industrial equipment.
- Construction Machinery – Hydraulic fittings are supplied for construction equipment and machinery.
- Agricultural Machinery – The company supplies components used in agricultural equipment and machinery.
- Injection Moulding Equipment – Its hydraulic products are used in injection moulding machines.
- Railway Applications – Relevant certifications and approvals provide opportunities to serve railway-related applications.
- Defence Applications – The company’s product approvals provide access to selected defence applications.
- International Markets – The company supplies products to customers across several international markets.
Industry Overview
India’s industrial manufacturing sector continues to develop as investment in infrastructure, construction, automotive manufacturing, agricultural mechanisation and industrial equipment increases.
Hydraulic systems are widely used in construction equipment, material-handling machinery, agricultural machinery, manufacturing equipment, industrial automation and other applications.
The growth of India’s manufacturing ecosystem can create opportunities for suppliers of hydraulic components and precision engineering products.
Construction and infrastructure activity is another important demand driver. Excavators, loaders, cranes, drilling equipment and other construction machinery commonly use hydraulic systems.
The agricultural machinery industry also represents an important market for hydraulic components as mechanisation increases and modern agricultural equipment becomes more widely adopted.
Automotive and industrial equipment manufacturers require reliable components that can operate under pressure and demanding working conditions. This creates opportunities for established component manufacturers with quality certifications and manufacturing capabilities.
Demand from export markets can also provide growth opportunities for Indian engineering companies. Global customers may source components from India due to manufacturing capabilities, cost competitiveness and established supplier networks.
However, the industry is competitive and manufacturers remain exposed to raw-material prices, customer concentration, foreign-exchange movements, global economic conditions and changes in industrial demand.
Companies operating in this segment must continuously invest in machinery, product development, quality systems and manufacturing capabilities to meet changing customer requirements.
Business Strategy
Hy-Tech Engineers focuses on expanding its manufacturing capacity, increasing product capabilities and strengthening its presence across domestic and international markets.
The company plans to use IPO proceeds to fund capital expenditure at its Kavathe and Shirwal facilities and for procurement of machinery and equipment for Pithampur Unit-I.
Capacity expansion is intended to support increasing demand for hydraulic fittings and enable the company to serve additional customers and applications.
The company also follows a backward integration strategy through its Nashik forging facility. Captive production of forged components can support manufacturing operations and provide greater control over certain stages of production.
Another strategic focus is expansion into specialised markets such as railways and defence. Relevant approvals and certifications can provide access to additional applications beyond the company’s traditional industrial customer base.
The company also seeks to strengthen its international presence. Its products are already supplied to customers in several countries, providing opportunities to expand exports and diversify geographic markets.
Hy-Tech Engineers continues to maintain a broad product catalogue of more than 11,000 SKUs. Product diversification allows the company to address different customer requirements and industrial applications.
The company also focuses on direct relationships with OEMs and an authorised distributor network to strengthen customer access and market reach.
Hy-Tech Engineers IPO Financial Information
Financial performance provides important insights into the company’s revenue growth, profitability, margins, assets and capital structure.
Hy-Tech Engineers reported revenue from operations of ₹137.71 crore in FY2024, ₹161.38 crore in FY2025 and ₹189.40 crore in FY2026.
Total income increased from ₹141.17 crore in FY2024 to ₹166.71 crore in FY2025 and ₹193.44 crore in FY2026.
Profit after tax increased from ₹11.60 crore in FY2024 to ₹19.62 crore in FY2025 and ₹22.59 crore in FY2026.
EBITDA also increased during the period, supported by higher revenue and improved operating performance.
Hy-Tech Engineers Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹137.71 Crore | ₹161.38 Crore | ₹189.40 Crore |
| Total Income | ₹141.17 Crore | ₹166.71 Crore | ₹193.44 Crore |
| EBITDA | ₹25.96 Crore | ₹41.12 Crore | ₹45.73 Crore |
| Profit Before Tax | ₹15.80 Crore | ₹26.19 Crore | ₹30.56 Crore |
| Profit After Tax (PAT) | ₹11.60 Crore | ₹19.62 Crore | ₹22.59 Crore |
| Net Worth | ₹82.22 Crore | ₹101.25 Crore | ₹122.02 Crore |
| Total Assets | ₹146.24 Crore | ₹170.65 Crore | ₹175.71 Crore |
| Borrowings | ₹40.84 Crore | ₹43.53 Crore | ₹29.76 Crore |
The company’s revenue from operations increased from ₹137.71 crore in FY2024 to ₹189.40 crore in FY2026, representing steady growth over the reported period.
Total income increased from ₹141.17 crore to ₹193.44 crore during the same period.
Profit after tax increased substantially from ₹11.60 crore in FY2024 to ₹19.62 crore in FY2025 and ₹22.59 crore in FY2026.
The company reported EBITDA of ₹25.96 crore in FY2024, ₹41.12 crore in FY2025 and ₹45.73 crore in FY2026.
The EBITDA margin improved significantly from 18.38% in FY2024 to 24.66% in FY2025 before moderating to 23.64% in FY2026 based on total income. The reported FY2026 EBITDA margin based on revenue from operations was approximately 22.01%.
The company’s net worth increased from ₹82.22 crore in FY2024 to ₹122.02 crore in FY2026.
Borrowings declined from ₹43.53 crore in FY2025 to ₹29.76 crore in FY2026, indicating an improvement in leverage before the IPO.
The company plans to use approximately ₹16 crore of the fresh issue proceeds for repayment or prepayment of certain outstanding borrowings.
Hy-Tech Engineers IPO Key Performance Indicators (KPIs)
| KPI | FY2026 Value |
|---|---|
| Return on Equity (ROE) | 20.24% |
| Return on Capital Employed (ROCE) | 24.40% |
| Return on Net Worth (RoNW) | 20.24% |
| EBITDA Margin | 22.01% |
| PAT Margin | 11.68% |
| Debt-to-Equity Ratio | 0.24 |
| Earnings Per Share (EPS) | ₹2.70 |
| Net Asset Value (NAV) Per Share | ₹14.61 |
| Current Ratio | 2.93x |
The company’s FY2026 ROE stood at 20.24%, while ROCE was 24.40%.
The EBITDA margin stood at 22.01% and PAT margin at 11.68%, indicating healthy operating profitability compared with many traditional engineering businesses.
The debt-to-equity ratio was approximately 0.24 in FY2026, reflecting relatively moderate leverage.
The FY2026 EPS was ₹2.70 and NAV per share was ₹14.61.
At the upper Hy-Tech Engineers IPO Price of ₹53 and FY2026 EPS of ₹2.70, the implied P/E ratio is approximately 19.63 times.
Investors should compare the valuation with the company’s growth rate, margins, customer concentration, industry conditions and peer valuations before making an investment decision.
Objects of the Hy-Tech Engineers IPO
The company intends to utilise the net proceeds from the fresh issue for the following purposes:
- Funding capital expenditure for procurement of machinery and equipment.
- Expansion at the Kavathe Unit.
- Expansion at the Shirwal Unit.
- Procurement of machinery and equipment for Pithampur Unit-I.
- Repayment or prepayment of certain outstanding borrowings.
- General corporate purposes.
Approximately ₹29.97 crore is proposed to be used for capital expenditure requirements.
Approximately ₹16 crore is proposed for repayment or prepayment of certain outstanding borrowings.
The remaining proceeds will be used for general corporate purposes.
The planned capital expenditure is expected to increase manufacturing capabilities and support future business growth.
The Offer for Sale proceeds will be received by the respective selling shareholders.
Hy-Tech Engineers IPO Listing Performance
Hy-Tech Engineers IPO is proposed to list on both BSE and NSE on 1 September 2026.
| Particular | Value |
|---|---|
| Listing Exchange | BSE & NSE |
| Listing Date | 1 September 2026 |
| Issue Price | ₹53 Per Share |
| Listing Price | To be updated after listing |
| Listing Gain | To be updated after listing |
| Listing Gain (%) | To be updated after listing |
The actual listing price will depend on market demand, investor sentiment, market conditions and subscription levels.
Investors should not consider grey-market expectations as a guarantee of listing performance. Long-term returns will depend on the company’s financial performance, manufacturing expansion, customer relationships, product development and ability to execute its growth strategy.
Hy-Tech Engineers IPO Subscription Status
The Hy-Tech Engineers IPO opens for subscription on 24 August 2026 and closes on 27 August 2026.
The final subscription figures will be available after the completion of bidding. Investor participation across QIB, NII and retail categories will indicate the level of demand for the public issue.
Hy-Tech Engineers IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | To be updated |
| Non-Institutional Investors (NII) | To be updated |
| Retail Individual Investors (RII) | To be updated |
| Employee Category | Not Applicable |
| Total Subscription | To be updated |
The final Hy-Tech Engineers IPO Subscription Status will be available after the issue closes on 27 August 2026.
Hy-Tech Engineers IPO GMP
Hy-Tech Engineers IPO GMP is an unofficial indicator of grey-market sentiment and is not regulated by the stock exchanges.
As of 24 August 2026, the reported grey-market premium was around ₹25 per share. Against the upper Hy-Tech Engineers IPO Price of ₹53, this indicates an unofficial estimated price of approximately ₹78 per share.
The implied premium at ₹25 would be around 47.17% over the upper issue price.
However, grey-market premiums can change rapidly before listing and do not guarantee the actual listing price or future returns.
Investors should therefore consider Hy-Tech Engineers IPO GMP only as an indicator of market sentiment and should not base an investment decision solely on GMP.
The company’s financial performance, valuation, customer concentration, manufacturing capabilities, debt position and long-term growth prospects remain more important factors.
Hy-Tech Engineers IPO Review
Hy-Tech Engineers IPO provides investors with an opportunity to invest in an established manufacturer of hydraulic fittings with more than four decades of experience in the industry.
The company has developed a broad product portfolio comprising more than 11,000 standard and customised hydraulic fittings. Its products are used across construction machinery, automotive, agriculture, injection moulding and hydraulic equipment applications.
The company’s B2B business model includes direct sales to OEMs and industrial customers along with an authorised distributor network. This provides access to both large industrial customers and broader markets.
Hy-Tech Engineers also has an international presence, supplying products to customers across the USA, Germany, Italy, Belgium, Brazil, Poland, Russia, the UAE, Saudi Arabia, Hungary and Thailand.
The company operates six manufacturing facilities across Maharashtra and Madhya Pradesh, including facilities at Thane, Shirwal, Kavathe, Nashik and Pithampur. The Nashik facility provides forged components to the company’s manufacturing units and supports backward integration.
The company has also expanded its addressable market through railway and defence-related approvals and certifications.
Financial performance has been positive over the reported period. Revenue from operations increased from ₹137.71 crore in FY2024 to ₹189.40 crore in FY2026.
PAT increased from ₹11.60 crore to ₹22.59 crore during the same period. EBITDA also increased from ₹25.96 crore in FY2024 to ₹45.73 crore in FY2026.
The company’s FY2026 ROE was 20.24% and ROCE was 24.40%. Its EBITDA margin was 22.01% and PAT margin was 11.68%.
Another positive factor is the decline in borrowings. Borrowings decreased from ₹43.53 crore in FY2025 to ₹29.76 crore in FY2026.
The proposed use of ₹16 crore from the fresh issue for repayment or prepayment of borrowings could further strengthen the company’s financial position.
The proposed capital expenditure of approximately ₹29.97 crore is expected to support manufacturing expansion at Kavathe and Shirwal and machinery procurement at Pithampur Unit-I.
However, investors should consider customer concentration risk. The company’s top 10 customers accounted for approximately 45.32% of revenue from operations in FY2026, making customer retention and order continuity important factors for future performance.
The company also operates in a competitive industrial components market where customers may demand high quality, timely delivery and competitive pricing.
Raw-material price fluctuations can affect manufacturing costs. Changes in steel and other input costs may influence margins if increased costs cannot be passed on to customers.
The company also has meaningful international exposure. Export demand, currency movements, global industrial activity and geopolitical developments can therefore affect business performance.
Hy-Tech Engineers IPO valuation also requires consideration. At the upper price band of ₹53 and FY2026 EPS of ₹2.70, the implied P/E is approximately 19.63 times.
Hy-Tech Engineers IPO GMP has indicated positive grey-market sentiment, but GMP is unofficial and can change significantly before listing.
Overall, Hy-Tech Engineers has several positive factors, including an established manufacturing base, broad product portfolio, international presence, healthy profitability, improving financial performance and planned capacity expansion.
Investors should nevertheless assess customer concentration, raw-material costs, competition, export exposure, execution of planned capital expenditure and IPO valuation before making an investment decision.
Hy-Tech Engineers IPO Strengths
- More than four decades of experience in the hydraulic fittings industry.
- Product portfolio comprising more than 11,000 standard and customised products.
- Established manufacturing infrastructure across multiple locations.
- Presence across construction, automotive, agriculture and industrial applications.
- B2B relationships with OEMs and industrial customers.
- Established distributor network.
- International presence across multiple countries.
- Backward integration through the Nashik forging facility.
- Entry opportunities in railway and defence applications.
- Healthy FY2026 ROE of 20.24%.
- Strong FY2026 ROCE of 24.40%.
- EBITDA margin of approximately 22.01%.
- PAT margin of approximately 11.68%.
- Revenue growth during FY2024 to FY2026.
- Profit growth during FY2024 to FY2026.
- Borrowings declined in FY2026.
- IPO proceeds will support capacity expansion.
- Proposed capital expenditure can increase manufacturing capabilities.
Hy-Tech Engineers IPO Risk Factors
- The company depends on a relatively concentrated group of major customers.
- Top 10 customers contributed approximately 45.32% of FY2026 revenue from operations.
- Loss of major customers could affect revenue and profitability.
- The hydraulic fittings industry is competitive.
- Raw-material price fluctuations may affect operating margins.
- International sales expose the company to foreign-exchange and global economic risks.
- Export markets are subject to regulatory and geopolitical changes.
- Manufacturing expansion requires successful execution and timely commissioning.
- Dependence on machinery and manufacturing facilities creates operational risks.
- Product quality and timely delivery are important for retaining OEM customers.
- Demand is linked to industrial, construction, automotive and agricultural cycles.
- Technology and product development require continuous investment.
- The company may face working-capital requirements as operations expand.
- Competition from domestic and international manufacturers may pressure pricing.
- Changes in industrial standards or customer requirements may require additional investment.
- A significant portion of the IPO comprises an Offer for Sale.
- The actual listing price may differ significantly from grey-market expectations.
Hy-Tech Engineers IPO Promoters
The promoters of Hy-Tech Engineers Limited are Hemant Tukaram Mondkar, Surekha Hemant Mondkar and Ashwin Hemant Mondkar.
Hemant Tukaram Mondkar is the Chairman and Managing Director of the company and has been associated with the business for several decades.
Surekha Hemant Mondkar is a promoter and Whole-Time Director, while Ashwin Hemant Mondkar is a promoter and Non-Executive Director.
The promoters have played an important role in developing the company’s manufacturing operations, product portfolio, customer relationships and expansion strategy.
Hy-Tech Engineers IPO Promoters Details
| Promoter | Designation |
|---|---|
| Hemant Tukaram Mondkar | Chairman & Managing Director |
| Surekha Hemant Mondkar | Whole-Time Director |
| Ashwin Hemant Mondkar | Non-Executive Director |
The promoters collectively held approximately 97.99% of the company before the IPO. Their shareholding is expected to decline following the fresh issue and Offer for Sale.
Hy-Tech Engineers IPO Management Team
The company is managed by a team with experience in engineering manufacturing, business operations, finance and corporate management.
| Name | Designation |
|---|---|
| Hemant Tukaram Mondkar | Chairman & Managing Director |
| Sunil Prabhakar Sathe | Whole-Time Director |
| Surekha Hemant Mondkar | Whole-Time Director |
| Ashwin Hemant Mondkar | Non-Executive Director |
| Sunil Satwani | Chief Financial Officer |
| Sai Yashwant Ranadive | Company Secretary & Compliance Officer |
The management team is responsible for manufacturing operations, financial management, customer relationships, expansion, corporate governance and implementation of the company’s business strategy.
Hy-Tech Engineers IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, coordinating refunds, crediting shares to successful applicants and handling investor-related services.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Private Limited |
| Website | https://ipo.bigshareonline.com |
| IPO Allotment Status | https://ipo.bigshareonline.com/IPO_Status.html |
| Contact Number | 8657578989 / 8069219065 / 8069219060 |
| Email ID | [email protected] |
Hy-Tech Engineers IPO Lead Manager Details
The Book Running Lead Manager is responsible for managing the IPO process, coordinating regulatory requirements and assisting the company throughout the public issue.
| Particular | Details |
|---|---|
| Lead Manager | New Berry Capitals Private Limited |
| Sponsor Bank | HDFC Bank |
| Registrar | Bigshare Services Private Limited |
The lead manager coordinates the issue process with the company, stock exchanges, regulators, investors and other intermediaries.
Hy-Tech Engineers Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Hy-Tech Engineers Limited |
| Registered Office | Plot No. A-160, Main Road, Wagle Industrial Estate, Thane, Maharashtra – 400604 |
| Website | https://www.hy-techengineers.com |
| Email ID | [email protected] |
| Contact Number | +91 22 4097 719-14 |
How to Check Hy-Tech Engineers IPO Allotment Status
Investors can check the Hy-Tech Engineers IPO Allotment Status after the basis of allotment is finalised through the registrar’s website or stock exchange facilities.
Through Bigshare Services Private Limited
- Visit the official Bigshare IPO allotment portal.
- Select Hy-Tech Engineers IPO from the IPO list.
- Choose PAN Number, Application Number or DP/Client ID.
- Enter the required details.
- Submit the information to view the allotment status.
Through BSE
- Visit the official BSE IPO application status facility.
- Select the relevant IPO.
- Enter the PAN Number or application details.
- Complete the required verification.
- Submit the details to check the allotment status.
Through NSE
- Visit the official NSE IPO bid verification facility.
- Select the relevant IPO.
- Enter the required application details.
- Complete the verification process.
- Submit the details to view the application status.
The Hy-Tech Engineers IPO Allotment is scheduled for 28 August 2026. Refunds and demat credit are scheduled for 31 August 2026, followed by the proposed listing on 1 September 2026.
Hy-Tech Engineers IPO Conclusion
Hy-Tech Engineers IPO provides investors with an opportunity to invest in an established hydraulic fittings manufacturer with more than four decades of industry experience.
The company has a broad product portfolio of more than 11,000 hydraulic fittings and serves customers across construction machinery, automotive, agriculture, injection moulding and industrial applications.
Its B2B business model combines direct relationships with OEMs and industrial customers with a distributor network. The company also has an international presence across several countries.
Hy-Tech Engineers operates multiple manufacturing facilities and has a backward-integrated forging operation at Nashik. Its planned capital expenditure under the IPO is expected to support manufacturing expansion at Kavathe, Shirwal and Pithampur.
Financial performance has shown healthy growth. Revenue from operations increased from ₹137.71 crore in FY2024 to ₹189.40 crore in FY2026, while PAT increased from ₹11.60 crore to ₹22.59 crore.
The company reported FY2026 ROE of 20.24%, ROCE of 24.40%, EBITDA margin of 22.01% and PAT margin of 11.68%.
Borrowings also declined to ₹29.76 crore in FY2026, while ₹16 crore of IPO proceeds is proposed for repayment or prepayment of certain outstanding borrowings.
However, investors should carefully consider customer concentration, competition, raw-material price fluctuations, export exposure, industrial cycles and execution risks related to capacity expansion.
At the upper price band of ₹53, the implied P/E based on FY2026 EPS of ₹2.70 is approximately 19.63 times. Investors should assess this valuation against the company’s earnings growth, margins, industry position and comparable companies.
Hy-Tech Engineers IPO GMP has indicated positive grey-market sentiment, but GMP is unofficial and does not guarantee listing gains.
Overall, Hy-Tech Engineers has an established manufacturing platform, diversified product portfolio, improving financial performance, international market presence and planned capacity expansion. Investors should evaluate the company’s fundamentals, valuation and risk factors carefully before making an investment decision.
Hy-Tech Engineers IPO FAQs
What is Hy-Tech Engineers IPO?
Hy-Tech Engineers IPO is the Mainboard public issue of Hy-Tech Engineers Limited, a manufacturer and supplier of hydraulic fittings used across construction, automotive, agricultural and industrial applications.
What is the Hy-Tech Engineers IPO Price?
The Hy-Tech Engineers IPO Price band is ₹50 to ₹53 per equity share.
What is the issue size of Hy-Tech Engineers IPO?
The total Hy-Tech Engineers IPO issue size is approximately ₹135.73 crore, comprising a fresh issue of ₹60 crore and an Offer for Sale of up to 1,42,89,450 equity shares.
What is the Hy-Tech Engineers IPO Lot Size?
The Hy-Tech Engineers IPO Lot Size is 283 equity shares. At the upper price band of ₹53, the minimum retail investment is ₹14,999.
When does Hy-Tech Engineers IPO open and close?
The Hy-Tech Engineers IPO opens on 24 August 2026 and closes on 27 August 2026.
What is the Hy-Tech Engineers IPO GMP?
The reported Hy-Tech Engineers IPO GMP is around ₹25 per share as of 24 August 2026. GMP is unofficial and can change before listing, so it should not be considered a guarantee of listing gains.
What is the Hy-Tech Engineers IPO Subscription Status?
The Hy-Tech Engineers IPO Subscription Status will be updated as investor bidding progresses during the issue period. The final subscription figures will be available after the IPO closes on 27 August 2026.
When is the Hy-Tech Engineers IPO Allotment?
The Hy-Tech Engineers IPO Allotment is scheduled for 28 August 2026. Refunds and demat credit are scheduled for 31 August 2026.
Who is the registrar for Hy-Tech Engineers IPO?
Bigshare Services Private Limited is the registrar to the Hy-Tech Engineers IPO.
What does Hy-Tech Engineers Limited do?
Hy-Tech Engineers Limited manufactures and supplies hydraulic fittings, including DIN metric, JIC, O-Ring Face Seal, conversion and customised fittings. Its products are used in construction machinery, automotive, agricultural machinery, injection moulding machines and other hydraulic systems.
