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IPO ·
BSE, NSE
Hy-Tech Engineers Ltd
Listed
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.
Issue details
Price band
₹50 – ₹53
Face value
₹5
Lot size
283 shares
Minimum investment
₹14,999
Issue size
₹135.73 Cr
Fresh issue
₹60.00 Cr
Offer for sale
₹75.73 Cr
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
24 Aug 2026
Closes
27 Aug 2026
UPI mandate cut-off
5:00 PM on 27 Aug 2026
Allotment
28 Aug 2026
Refunds
31 Aug 2026
Shares in demat
31 Aug 2026
Listing
1 Sep 2026
Subscription and listing
Subscription
171.69x
Listing price
₹75
Registrar
Bigshare Services Pvt Ltd
Lead manager
New Berry Capitals
Subscription by category
Total
171.69x
Total applications
45,90,857
Anchor investors
Amount raised
₹40.72 Cr
Bid date
21 Aug 2026
50% lock-in ends
26 Sep 2026
Rest lock-in ends
25 Nov 2026
Listing day
Issue price
₹53
Open
₹75.00
High
₹78.75
Low
₹71.25
Day close
₹78.75
Listing gain at open
+41.51%
Issue structure
Shares reserved per category and share of the total issue
QIB
1,28,05,101
50.00%
Anchor Investor
76,83,060
30.00%
QIB (Ex. Anchor)
51,22,041
20.00%
NII
38,41,531
15.00%
bNII > ₹10L
25,61,021
10.00%
sNII < ₹10L
12,80,510
5.00%
Retail
89,63,572
35.00%
Total
2,56,10,204
100.00%
Finaccle’s quick read
Apply
FY26 income up 16%, PAT up 15%, ROE 20.24%, post-issue P/E 22.27x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
20.24%
ROCE
24.40%
Debt / equity
—
PAT margin
11.68%
P/E post issue
22.27
Market cap
₹502.72 Cr
Use of IPO money
Funding capital expenditure requirement of the Company towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and procuremen
₹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
Strengths
✓
Revenue up 16% in FY26 to ₹193.44 Cr
✓
PAT up 15% in FY26 to ₹22.59 Cr
✓
PAT margin of 11.68%
✓
ROE of 20.24% and ROCE of 24.40%
Risks to watch
!
56% of issue is an offer for sale; company gets less fresh money
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.