Home › Listed IPOs › Hy-Tech Engineers IPO
Hy-Tech Engineers IPOLISTED
Hy-Tech Engineers Limited is a B2B engineering company manufacturing over 11,000 SKUs of hydraulic fittings for diverse industrial applications.
Listing price
₹75
Listing gain
+41.51%
Current
₹75
Listed
01 Sept 26
Opens
24 Aug 26Closes
27 Aug 26Allotment
28 Aug 26Refund
31 Aug 26Demat
31 Aug 26Listing
01 Sept 26Listed at
₹75
+41.51% on 01 Sept 26
Overview
Price band
₹50-53
Lot size
283 shares
Min. investment
₹14,999
Issue size
₹135.73 Cr
2.56 Cr shares
Fresh issue
₹60 Cr
1.13 Cr shares
Offer for sale
₹75.73 Cr
1.43 Cr shares
Face value
₹5 / share
Issue type
Book Built Issue
Listing at
NSE, BSE
Reservation
| Category | Shares offered | % of issue |
|---|---|---|
| Anchor Investor | 76,83,060 | 30% |
| QIB | 51,22,042 | 20% |
| NII (HNI) | 38,41,531 | 15% |
| B-HNI | 25,61,020 | 10% |
| S-HNI | 12,80,510 | 5% |
| Individual | 89,63,571 | 35% |
| Total | 2,56,10,204 | 100% |
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 283 | ₹14,999 |
| Retail (Max) | 13 | 3,679 | ₹1,94,987 |
| S-HNI (Min) | 14 | 3,962 | ₹2,09,986 |
| S-HNI (Max) | 66 | 18,678 | ₹9,89,934 |
| B-HNI (Min) | 67 | 18,961 | ₹10,04,933 |
Listing performance
NSE/BSE: HYTECHENGINEERSListing gain
+41.51%
Gain per retail lot
₹6,226
Latest vs issue
—
GMP was
₹43 (+81.13%)
Issue price
GMP estimate
Listing price
Latest price appears here during market hours.
Hy-Tech Engineers Live GMP
Latest GMP
₹43
All-time high
₹49
All-time low
₹5
Subscription
28 Aug, 12:00 amOversubscribed 247.39 times · 46,89,990 applications
Total applications
46,89,990
Total bid amount
₹23,505 Cr
Category breakdown
| Category | Shares offered | Shares bid | Times | Bid amount |
|---|---|---|---|---|
| QIB | 51,22,042 | 1,27,90,02,086 | 249.71x | ₹6,779 Cr |
| NII (HNI) | 38,41,531 | 1,58,63,94,988 | 412.96x | ₹8,408 Cr |
| B-HNI | 25,61,020 | 87,38,18,534 | 341.20x | ₹4,631 Cr |
| S-HNI | 12,80,510 | 71,25,76,454 | 556.48x | ₹3,777 Cr |
| Retail | 89,63,571 | 1,56,95,38,659 | 175.10x | ₹8,319 Cr |
| Total | 1,79,27,144 | 4,43,49,35,733 | 247.39x | ₹23,505 Cr |
Application-wise breakup
| Category | Applications reserved | Applied | Times |
|---|---|---|---|
| B-HNI | 646 | 44,708 | 69.21x |
| S-HNI | 323 | 1,70,477 | 527.79x |
| Retail | 31,673 | 44,40,856 | 140.21x |
Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).
Financials
(₹ in crores)
Key performance indicators
As of 31 Mar 2026ROE
20.24%
PAT Margin
11.68%
ROCE
24.4%
EBITDA Margin
22.01%
Price to Book Value
3.63
RoNW
20.24%
Valuation vs listed peers
EPS Pre IPO
₹2.7
EPS Post IPO
₹2.38
P/E Pre IPO
19.63
P/E Post IPO
22.27
Price-to-earnings
| Company | P/E | P/B | RoNW | Face value |
|---|---|---|---|---|
| Aeroflex Industries Limited | 107.04 | — | — | — |
| Dynamatic Technologies Limited | 230.32 | — | — | — |
| Yuken India Limited | 69.32 | — | — | — |
Peer median P/E 107.0× · Ratios as disclosed in the offer document.
Buzz AI analysis
From this IPO's filings and market data · educational, not investment advice
Revenue growth FY24 → FY26
+37.0%
Profit growth FY24 → FY26
+94.7%
P/E vs peer median
22.3× vs 107.0×
- PAT margin 11.7% and ROCE 24.4%.
- Priced below its listed-peer median P/E.
Strengths & risks
- Over four decades of experience in hydraulic fittings manufacturing.
- Wide product portfolio of over 11,000 SKUs, including customized fittings.
- Six manufacturing facilities with integrated production capabilities.
- Served 170 direct customers across domestic and international markets in FY2026.
- International presence across 11 countries, supporting geographic diversification.
Buzz score · Solid
From GMP, subscription and issue size
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| 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 |
| Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company. | 16 |
| General Corporate Purposes. | - |
Company & documents
Hy-Tech Engineers Ltd. is an engineering company engaged in the design, manufacturing, and supply of hydraulic fittings. The company offers over 11,000 SKUs, including DIN-metric, JIC, ORFS and conversion fittings, along with customized products.
The company operates six manufacturing facilities in India, including four in Maharashtra and two in Madhya Pradesh. Its manufacturing capabilities include forging, heat treatment, machining, plating, inspection, and testing.
The company operates on a B2B model across domestic and international markets, selling directly to OEMs and industrial customers as well as through distributors. It served 170 direct customers and had an international presence in the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, Thailand and Germany as of March 31, 2026.
Product Portfolio:
- Customized Hydraulic Fittings
- DIN-Metric Fittings
- JIC Flared and Flareless Fittings
- O-Ring Face Seal (ORFS) Fittings
- Conversion Fittings
As of March 31, 2026, Hy-Tech Engineers Ltd. had 468 permanent employees and a contractual workforce of 253 personnel.
Registrar
Company contact
Hy-Tech Engineers Ltd.
Plot No. A-160 Main Road, Wagle Industrial Estate, Thane, Maharashtra, 400604
Phone: +91 22 4097 1916
Book running lead managers
- New Berry Capitals Pvt. Ltd.
Promoters
- Hemant Tukaram Mondkar
- Surekha Hemant Mondkar
- Ashwin Hemant Mondkar