Hy-Tech Engineers IPO
Updated 11 Sept 2026, 5:03 pm.
Minimum investment (Retail)
₹14,999
1 lot · 283 shares at the upper price band
Price band
₹53
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹135.73 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- Mainboard
- Price band
- ₹53
- Issue size
- ₹135.73 Cr
- Lot size
- 283
- Opens
- 24 Aug 2026
- Closes
- 27 Aug 2026
- Allotment
- 28 Aug 2026
- Listing
- 1 Sept 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Bigshare Services Pvt.Ltd.
- Minimum investment
- ₹14,999 (1 lot · 283 shares)
- Face value
- ₹5 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital cum OFS
- Fresh issue
- ₹60 Cr
- Offer for sale
- ₹76 Cr
- Listing at
- BSE, NSE
- Refunds
- 31 Aug 2026
- Shares credited
- 31 Aug 2026
- Promoter holding
- 97.99% before · 71.23% after
- Lead managers
- New Berry Capitals Pvt.Ltd.
Offer documents & links
Subscription by category
As of 27 Aug 2026, 1:24 pm.
Total subscription
173.17x
Full issue details
Details as published for this issue, read 11 Sept 2026, 4:57 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 24 to 27 Aug, 2026 |
|---|---|
| Listed on | Tue, Sep 1, 2026 |
| Face Value | ₹ 5 per share |
| Price Band | ₹50 to ₹53 |
| Issue Price | ₹53 per share |
| Lot Size | 283 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,56,10,204 shares (agg. up to ₹ 136 Cr) |
|---|---|
| Fresh Issue | 1,13,20,754 shares (agg. up to ₹ 60 Cr) |
| Offer for Sale | 1,42,89,450 shares of ₹ 5 (agg. up to ₹ 76 Cr) |
| Share Holding Pre Issue | 8,35,31,840 shares |
| Share Holding Post Issue | 9,48,52,594 shares |
| BSE Script Code / NSE Symbol | 544891 / HTEL |
| ISIN | INE0LEG01024 |
IPO Timetable
- IPO Open
- Mon, Aug 24, 2026
- IPO Close
- Thu, Aug 27, 2026
- Allotment
- Fri, Aug 28, 2026
- Refund
- Mon, Aug 31, 2026
- Credit of Shares
- Mon, Aug 31, 2026
- Listing
- Tue, Sep 1, 2026
Issue Reservation
| Investor Category | Shares | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB | 1,28,05,101 | 50.00% | NA |
| − Anchor Investor | 76,83,060 | 30.00% | NA |
| − QIB (Ex. Anchor) | 51,22,041 | 20.00% | NA |
| NII (HNI) | 38,41,531 | 15.00% | NA |
| − bNII > ₹10L | 25,61,021 | 10.00% | 646 |
| − sNII < ₹10L | 12,80,510 | 5.00% | 323 |
| Retail | 89,63,572 | 35.00% | 31,673 |
| Total | 2,56,10,204 | 100.00% | — |
Hy-Tech Engineers IPO comprises a total issue size of 2,56,10,204 shares. Out of which, 1,28,05,101 (50.00%) are allocated to QIB , 38,41,531 (15.00%) allocated to NII 89,63,572 (35.00%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 283 | ₹14,999 |
| Retail (Max) | 13 | 3679 | ₹1,94,987 |
| S-HNI (Min) | 14 | 3962 | ₹2,09,986 |
| S-HNI (Max) | 66 | 18678 | ₹9,89,934 |
| B-HNI (Min) | 67 | 18961 | ₹10,04,933 |
Investors can bid for a minimum of 283 shares and in multiples thereof.
IPO Subscription Details
IPO Anchor Investors
| Bid Date | Fri, Aug 21, 2026 |
|---|---|
| Shares Offered | 76,83,060 |
| Anchor Portion (₹ Cr.) | 40.72 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Sep 26, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Nov 25, 2026 |
Hy-Tech Engineers IPO raises ₹ 40.72 crore from anchor investors . Hy-Tech Engineers IPO Anchor bid date is August 21, 2026 .
IPO Anchor Investors List
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 across various functions, including production, finance, sales and marketing, quality control, supply chain, design and human resources.
Strengths
Integrated operations and product development capabilities.
Diversified customer base with wide market reach.
Experienced leadership, deep market understanding and industry credibility.
Established global presence with access to growing international markets.
Decentralized cell-based manufacturing model.
Company Financials (Restated Consolidated)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 175.71 | 170.65 | 146.24 |
| Total Income | 193.44 | 166.71 | 141.17 |
| Profit After Tax | 22.59 | 19.62 | 11.60 |
| EBITDA | 41.69 | 35.79 | 22.55 |
| NET Worth | 122.02 | 101.25 | 82.22 |
| Reserves and Surplus | 80.25 | 59.48 | 81.84 |
| Total Borrowing | 29.76 | 43.53 | 40.84 |
| Amount in ₹ Crore |
Hy-Tech Engineers Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2026 and March 31, 2025.
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IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement of the Company towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and procurement Pithampur Unit-I | 29.97 |
| 2 | Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company | 16.00 |
| 3 | General Corporate Purposes | 5.96 |
| 4 | Issue Expenses | 18.26 |
| Total | 70.19 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| 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 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 2.70 | 2.38 |
| P/E (x) | 19.63 | 22.27 |
| Market Cap at Offer Price | ₹443Cr. | ₹746.96 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 97.99% | 71.23% |
| Public | 2.01% | 28.77% |
| Total | 100% | 100% |
Company Promoters: Hemant Tukaram Mondkar, Surekha Hemant Mondkar and Ashwin Hemant Mondkar.
Offer For Sale - Selling Shareholders
| Name | Category | No. of Shares Offered | Amount (₹ cr.) |
|---|---|---|---|
| Hemant Tukaram Mondkar | Promoter | 89,80,961 | 47.60 |
| Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar | Promoter | 53,08,489 | 28.13 |
| Total | — | 1,42,89,450 | 75.73 |
Hy-Tech Engineers IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 4 | 1 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 249.71 | 51,22,042 | 1,27,90,02,086 |
| NII | 412.96 | 38,41,531 | 1,58,63,94,988 |
| bNII (> ₹10L) | 341.20 | 25,61,020 | 87,38,18,534 |
| sNII (< ₹10L) | 556.48 | 12,80,510 | 71,25,76,454 |
| Retail | 175.10 | 89,63,571 | 1,56,95,38,659 |
| Total | 247.39 | 1,79,27,144 | 4,43,49,35,733 |
The Hy-Tech Engineers IPO is subscribed 247.39 times on August 27, 2026 6:54:45 PM (Day 4). The public issue subscribed 175.10 times in the retail category, 249.71 times in the QIB category, and 412.96 times in the NII category. Check Day by Day Subscription Details (Live Status)
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Total Applications: 46,89,990
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLM fees and commissions (including any underwriting commission, brokerage and selling commission | 5.43 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Issue. Brokerage, underwriting commission and selling commission and bidding charges for members of the Syndicate, Registered Brokers, RTAs and CDPs | 2.34 |
| 3 | Fees payable to Registrar to the Offer | 1.06 |
| 4 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 5.02 |
| 5 | Printing and stationery | 0.09 |
| 6 | Fee payable to legal counsel, Statutory Auditors, Independent Chartered Accountant, Chartered Engineer, industry report provider, etc | 1.92 |
| 7 | Advertising and marketing expenses | 1.80 |
| 8 | Miscellaneous | 0.60 |
| Total | 18.26 |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹ 53.00 | ₹ 53.00 |
| Open | ₹ 72.00 | ₹ 75.00 |
| Low | ₹ 68.56 | ₹ 71.25 |
| High | ₹ 75.59 | ₹ 78.75 |
| Last Trade | ₹ 75.59 | ₹ 78.75 |
Check IPO Performance…
IPO Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
ipo@bigshareonline.com
IPO Lead Manager(s)
New Berry Capitals Pvt.Ltd.
Contact Details
Hy-Tech Engineers Ltd. Address
Plot No. A-160
Main Road,
Wagle Industrial Estate,
Thane, Maharashtra , 400604
+91 22 4097 1916
hytechcs@hy-techengineers.com
Hy-Tech Engineers IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
August IPO frenzy: 10 issues cross 100x subscription mark; Hy-Tech Engineers, Tempsens lead
Fortune India · 3 Sept 2026
Hy-Tech Engineers share price locked in 5% upper circuit after bumper debut. Should you buy, sell or hold?
TradingView · 1 Sept 2026
Hy-Tech Engineers Share Price: Check Expected Listing Gain Based On Latest GMP
NDTV Profit · 1 Sept 2026
Hy-Tech Engineers IPO listing date today. GMP hints at up to 66% listing gain
Livemint · 1 Sept 2026
Strong market debut: Hy-Tech Engineers shares list at 41% premium on NSE; should you buy, sell or hold?
Moneycontrol.com · 1 Sept 2026
Hy-Tech Engineers share price locked in 5% upper circuit after bumper debut. Should you buy, sell or hold?
Livemint · 1 Sept 2026
