Hy-Tech Engineers Limited logo

IPO details · Updated

Hy-Tech Engineers Limited

ClosedMainboardNSE: HTELBSE: 544891
Check Allotment
Price Band
₹50 – ₹53
Lot Size
283 shares
Min. Investment
₹14,999
Issue Size
₹135.73 Cr
Offer Dates
24 Aug – 27 Aug 2026
Listing
1 Sept 2026

Issue Details

Full details →
Total Issue Size
₹135.73 Cr
2,56,10,204 shares
Fresh Issue
₹60 Cr
1,13,20,754 shares
Offer for Sale
₹75.73 Cr
1,42,89,450 shares
Face Value
₹5 per share
Issue Type
Book-built IPO
Listing At
BSE, NSE
Shares Pre-Issue
8,35,31,840
Shares Post-Issue
9,48,52,594

IPO Timeline

  1. Offer opens

    24 Aug 2026

  2. Offer closes

    27 Aug 2026

  3. Allotment

    28 Aug 2026

  4. Listing

    1 Sept 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor30.0%76,83,060 shares
  • QIB20.0%51,22,041 shares
  • HNI15.0%38,41,531 shares
  • Retail35.0%89,63,572 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB51,22,0411,27,90,02,086
249.71x
NII38,41,5311,58,63,94,139
412.96x
Retail89,63,5721,56,95,74,317
175.11x
Total1,79,27,1444,43,49,70,542
247.39x

Lot Size & Investment

1 lot = 283 shares

Retail (min)

1 lot · 283 shares

Retail (max)

13 lots · 3,679 shares

S-HNI (min)

14 lots · 3,962 shares

ApplicationLotsSharesAmount
Retail1283₹14,999
Small HNI (S-HNI)143,962₹2,09,986
Big HNI (B-HNI)6718,961₹10,04,933

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets175.71170.65146.24
Total Income193.44166.71141.17
Profit After Tax22.5919.6211.6
EBITDA41.6935.7922.55
Net Worth122.02101.2582.22
Reserves & Surplus80.2559.4881.84
Total Borrowing29.7643.5340.84

Key Performance Indicators

Key performance indicators
PeriodMar-26Mar-25
RoNW (%)20.2421.39
EPS (₹)2.7
P/E (pre-issue)19.63
P/E (post-issue)22.27

Peer Comparison

Listed companies in the same business

CompanyP/EROE
Aeroflex Industries Ltd107.0414.06%
Dynamatic Technologies Ltd230.327.89%
Yuken India Ltd69.324.27%

About Hy-Tech Engineers Limited

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.

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 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 (₹5.96 Cr)
  • Issue Expenses (₹18.26 Cr)

Promoters

  • <p>Hemant Tukaram Mondkar
  • Surekha Hemant Mondkar
  • Ashwin Hemant Mondkar</p>

Company Information

Book running lead managers
  • New Berry Capitals Pvt.Ltd.
Registered office
Plot No. A-160, Main Road,, Wagle Industrial Estate,, Thane, Maharashtra, 400604

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.