Hy-Tech Engineers IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Industrial Equipments
Hy-Tech Engineers Limited, incorporated in December 1978, is an engineering company engaged in the design, manufacture and supply of hydraulic fittings for a wide range of industrial applications. With more than four decades of experience in the hydraulics industry, the Company has established a…
Open Date
Mon, 24 Aug 2026
Close Date
Thu, 27 Aug 2026
Price Band
₹ 50 – 53
Lot Size
283
Issue Size
₹ 135.73 Cr
Minimum Investment
₹ 14,999 (283 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Hy-Tech Engineers IPO is set to open its Initial Public Offering (IPO) for subscription on August 24, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹135.73 Crore, comprising a fresh issue of 1.13 Crore equity shares aggregating to ₹60.00 Crore and an offer for sale (OFS) of 1.43 Crore equity shares aggregating to ₹75.73 Crore by the existing shareholders.
The Hy-Tech Engineers IPO will open for subscription on August 24, 2026, and close on August 27, 2026. The basis of allotment is expected to be finalized on August 28, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 01, 2026.
The company has fixed the price band at ₹50 to ₹53 per share, with a lot size of 283 shares. Retail investors will require a minimum investment of ₹14,999 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd is the registrar to the issue. New Berry Capitals Private Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Hy-Tech Engineers IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 27, 2026.
Hy-Tech Engineers IPO Timeline (Tentative)
- IPO Open Date
- Mon, 24 Aug 26
- IPO Close Date
- Thu, 27 Aug 26
- Basis of Allotment
- Fri, 28 Aug 26
- Initiation of Refunds
- Mon, 31 Aug 26
- Credit of Shares to Demat
- Mon, 31 Aug 26
- Listing Date
- Tue, 01 Sep 26 — NSE & BSE
Open Date
24 August 2026
Close Date
27 August 2026
Basis Of Allotment
28 August 2026
Listing Date
01 September 2026
IPO Subscription
Check Live Subscription →The Hy-Tech Engineers IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 24 August 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 0 shares, representing 35% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (50%), while Non-Institutional Investors (NIIs) receive 0 shares (15%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 0 | 50% |
| Retail Investors | 0 | 35% |
| Non-Institutional | 0 | 15% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 175.71 | 170.65 | 146.24 |
| Revenue | 193.44 | 166.71 | 141.17 |
| Profit After Tax | 22.59 | 19.62 | 11.6 |
| Net Worth | 122.02 | 101.25 | 82.22 |
| Reserve & Surplus | 80.25 | 59.48 | 81.84 |
| Total Borrowings | 29.76 | 43.53 | 40.84 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Hy-Tech Engineers Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 20.24 | 21.39 | 15.11 |
| ROCE % | 24.4 | 20.46 | 15.24 |
| RoNW % | 20.24 | 21.39 | 15.11 |
| Pat Margin % | 11.68 | 11.77 | 8.21 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Hy-Tech Engineers Ltd | 5 | 0 | 2.7 | 2.7 | 20.24 | 14.61 |
| Aeroflex Industries Ltd | 2 | 107.04 | 4.28 | 4.28 | 14.06 | 33.8 |
| Dynamatic Technologies Ltd | 10 | 230.32 | 47.73 | 47.73 | 7.89 | 1168.41 |
| Yuken India Limited | 10 | 69.32 | 10.81 | 10.81 | 4.27 | 274.66 |
About Hy-Tech Engineers Limited
Hy-Tech Engineers Limited, incorporated in December 1978, is an engineering company engaged in the design, manufacture and supply of hydraulic fittings for a wide range of industrial applications. With more than four decades of experience in the hydraulics industry, the Company has established a diversified product portfolio comprising over 11,000 SKUs. Its offerings include DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal (ORFS) fittings, conversion fittings and customized hydraulic fittings designed to meet specific customer requirements.
The Company follows a B2B business model, catering to both domestic and international markets. It serves OEMs and industrial customers through a combination of direct sales, authorized distributors and distribution partners. Its products are used across several industries, including construction machinery, automotive, agricultural and farming machinery, injection moulding machines and hydraulic systems. In addition, certifications for railway and defence applications provide the Company with access to specialized and regulated market segments.
As of March 31, 2026, Hy-Tech Engineers had an international presence across several key markets, including the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, the UAE, Thailand and Germany. This geographical presence supports the Company's international sales and enables it to serve customers across multiple industrial markets.
Manufacturing and Backward Integration
Hy-Tech Engineers operates manufacturing facilities located at Thane, Shirwal, Kavathe and Pithampur. These facilities are supported by the Company's Nashik unit, which manufactures and supplies forged components to the other manufacturing facilities. This backward integration strategy provides greater control over the Company's component supply chain and supports manufacturing efficiency, quality control and production continuity.
Human Resources
As of March 31, 2026, the Company employed 468 permanent employees and had a contractual workforce of 253 personnel. Its workforce spans key operational and corporate functions, including production, finance, sales and marketing, quality control, supply chain management, design and human resources.
Overall, with its long-standing industry presence, extensive product portfolio, diversified customer base, international market reach, integrated manufacturing capabilities and experience across multiple industrial applications, Hy-Tech Engineers Limited has developed a broad-based platform for serving the hydraulic fittings and components market in India and overseas.
Hy-Tech Engineers IPO Promoters
- Hemant Tukaram Mondkar
- Surekha Hemant Mondkar
- Ashwin Hemant Mondkar
Promoters Holding
Holding Pre Issue
97.99%
Holding Post Issue
71.23%
Hy-Tech Engineers IPO Objective
Hy-Tech Engineers Limited Address / Contact Details
Hy-Tech Engineers Ltd.
Plot No. A-160, Main Road,
Wagle Industrial Estate,
Thane, Maharashtra, 400604
Phone: +91 22 4097 1916
Email: hytechcs@hy-techengineers.com
Website: https://www.hy-techengineers.com/
IPO Snapshot
Hy-Tech Engineers IPO Lot Size
The Hy-Tech Engineers IPO has a lot size of 283 shares. Retail investors require a minimum investment of ₹14,999 by applying for 1 lot (283 shares). The maximum application allowed for the retail category is 13 lots (3,679 shares), requiring an investment of ₹1,94,987.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 283 | 14,999.00 |
| Retail (Max) | 13 | 3,679 | 194,987.00 |
| S-HNI (Min) | 14 | 3,962 | 209,986.00 |
| S-HNI (Max) | 66 | 18,678 | 989,934.00 |
| B-HNI (Min) | 67 | 18,961 | 1,004,933.00 |
Issue Reservation
- QIB — 50%
- RII — 35%
- NII — 15%
Book Running Lead Managers
- New Berry Capitals Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Hy-Tech Engineers IPO?
Hy-Tech Engineers IPO is a Book-building IPO with a total issue size of ₹135.73 crore. The Hy-Tech Engineers IPO price band is ₹50 to 53 per share. The Hy-Tech Engineers IPO subscription opens on Mon, Aug 24, 2026, and closes on Thu, Aug 27, 2026. The Hy-Tech Engineers IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Hy-Tech Engineers IPO.
When will the Hy-Tech Engineers IPO open for subscription?
The Hy-Tech Engineers IPO opens on Mon, Aug 24, 2026 and closes on Thu, Aug 27, 2026
What is Hy-Tech Engineers IPO Price Band?
Hy-Tech Engineers IPO Price Band is ₹50 to 53 per share.
What is Hy-Tech Engineers IPO Lot Size?
Hy-Tech Engineers IPO lot size is 283 shares, Retail investors need a minimum investment of ₹14999 based on the upper price band
What is the minimum investment for Hy-Tech Engineers IPO?
The minimum investment for Hy-Tech Engineers IPO is ₹14999, based on one lot of 283 shares at the upper price band of ₹53 per share.
How to apply for Hy-Tech Engineers IPO?
Investors can apply for the Hy-Tech Engineers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 27, 2026. The application amount remains blocked until the Hy-Tech Engineers IPO allotment is finalized.
What is Hy-Tech Engineers IPO Issue Size?
Hy-Tech Engineers IPO issue size is ₹135.73 crores.
What is the Hy-Tech Engineers IPO Allotment Date?
Hy-Tech Engineers IPO allotment date is Fri, Aug 28, 2026.
Who is the Hy-Tech Engineers IPO Registrar?
The registrar for Hy-Tech Engineers IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Hy-Tech Engineers IPO allotment status, refund processing, and other IPO-related information.
What is the Hy-Tech Engineers IPO GMP?
The Hy-Tech Engineers IPO GMP (Grey Market Premium) is ₹22 as of Fri, Aug 21, 2026. Based on the upper price band of ₹53 per share, the estimated Hy-Tech Engineers IPO listing price is ₹75, indicating a potential listing gain of approximately 41.51% over the issue price.
Who is the Hy-Tech Engineers IPO Lead Manager?
The book-running lead managers (BRLMs) for the Hy-Tech Engineers IPO are New Berry Capitals Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Hy-Tech Engineers IPO Red Herring Prospectus (RHP).