Hy-Tech Engineers IPO Details
Hy-Tech Engineers IPO Summary
Hy-Tech Engineers IPO opens for subscription on 24 Aug 2026 and closes on 27 Aug 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 01 Sep 2026.
Hy-Tech Engineers IPO price band has been fixed at ₹50 – ₹53 per share. The face value is ₹5 per share with a lot size of 283.
Hy-Tech Engineers IPO total issue size comprises 2,56,10,204 shares (aggregating up to ₹135.73 Cr). This includes a fresh issue of 1,13,20,754 shares (aggregating up to ₹60.00 Cr). Offer for Sale consists of 1,42,89,450 shares (aggregating up to ₹75.73 Cr). Pre-issue shareholding stands at 8,35,31,840, which will increase to 9,48,52,594 post-issue.
Hy-Tech Engineers IPO carries a ₹39 (73.58%) GMP, reflecting investor sentiment.
Hy-Tech Engineers IPO Lot Size :Retail Minimum is 1 lot (283 shares) amounting to ₹14,999. Retail Maximum is 13 lots (3,679 shares) amounting to ₹1,94,987. SHNI Minimum is 14 lots (3,962 shares) amounting to ₹2,09,986. SHNI Maximum is 66 lots (18,678 shares) amounting to ₹9,89,934. BHNI Minimum is 67 lots (18,961 shares) amounting to ₹10,04,933.
Hy-Tech Engineers IPO Details
Hy-Tech Engineers IPO Subscription
Hy-Tech Engineers IPO Application Wise Breakup (Approx)
Hy-Tech Engineers IPO Dates
- 24 Aug 2026Opening dateOpen
- 27 Aug 2026Closing dateClose
- 28 Aug 2026Allotment Date Allotment
- 31 Aug 2026Initiation of RefundsRefund
- 31 Aug 2026Credit of SharesCredit
- 01 Sep 2026Listing dateListing
Hy-Tech Engineers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 283 | ₹14,999 |
| Retail Maximum | 13 | 3679 | ₹1,94,987 |
| SHNI Minimum | 14 | 3962 | ₹2,09,986 |
| SHNI Maximum | 66 | 18678 | ₹9,89,934 |
| BHNI Minimum | 67 | 18961 | ₹10,04,933 |
Hy-Tech Engineers IPO Reservation
Promoter Holding
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Hy-Tech Engineers IPO Valuations
Hy-Tech Engineers Financial Information
| 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 | |||
About Hy-Tech Engineers IPO
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.
Strength Of Hy-Tech Engineers IPO
- Integrated operations and product development capabilities.
- Diversified customer base with wide market reach.
- Established global presence with access to growing international markets.
- Experienced leadership, deep market understanding and industry credibility.
- Decentralized cell-based manufacturing model.
Risk Of Hy-Tech Engineers IPO
- We are dependent on a few customers for a major portion of our revenues with our top 10 customers contributing to 45.32%, 42.02% and 48.72% of our revenue from operations in the Fiscals 2026, 2025 and 2024, respectively. Further, we do not enter into long-term arrangements with our customers and any failure to continue our existing arrangements with such customers could adversely affect our business, financial condition results of operations and cash flows.
- We derive a significant portion of revenue from operations from exports, which accounted for 29.37%, 28.30% and 33.14% of our total revenues in Fiscal 2026, 2025 and 2024, respectively. Out of which a substantial portion was generated from the United States of America, which contributed 21.42%, 22.85% and 24.56% of our total revenues during the same period. Fluctuation in exchange rates, any adverse developments in these markets or restrained economic or political relations of India with the United States of America could adversely affect our business.
- In the Fiscal 2024, we have experienced negative year on year growth in our profit after tax. We may be unable to manage our growth and expansion operations or to successfully implement our business plan and growth strategies in a timely manner or within budget estimates, which could materially and adversely affect our business, results of operations and financial condition.
- Four out of our six Manufacturing Facilities are located in Maharashtra, India and the balance two in Madhya Pradesh. We derived 77.64%, 77.27% and 77.43% of our revenue from operations during Fiscals 2026, 2025 and 2024, respectively, from the Manufacturing Facilities located in the state of Maharashtra. Any significant social, political, economic or seasonal disruption, natural calamities or civil disruptions in the state of Maharashtra or Madhya Pradesh where our other Manufacturing Facilities are concentrated could have an adverse effect on our business, results of operations and financial condition.
- Under-utilization of our manufacturing capacities and an inability to effectively utilize our expanded manufacturing capacities could have an adverse effect on our business, future prospects and future financial performance.
- We are dependent on our suppliers for raw materials used in our manufacturing processes with our top 10 suppliers contribution to 65.61%, 54.78% and 65.49% of our total purchases in the Fiscal 2026, 2025 and 2024, respectively. Any shortages, delay or disruption in the supply of the raw materials we use in our manufacturing process may have a material adverse effect on our business, financial condition, results of operations and cash flows.
- We derive a significant portion of our revenue from operations from direct sales to our customers, with such direct sales contributing to 88.42%,88.60% and 90.64% of our revenue from operations in Fiscals 2026, 2025 and 2024, respectively. Any adverse changes in this distribution channel could adversely impact our business, results of operations and financial condition.
- While we cater to multiple industry segments, a significant portion of our revenue comes from construction machinery, farming and automotive industry segments, which collectively contributed 54.82%, 52.33% and 54.55% of our revenue from operations in Fiscals 2026, 2025 and 2024, respectively. We may be affected by any reduction in the demand or requirement of products in such industries which can adversely impact our business, financial condition, results of operations, cash flows and prospects.
- We depend on third party logistic providers for transportation of our products. Any disruption, accident or delay in transportation, by such logistic providers may hamper our supply chain and impact our financial performance.
- We have not placed orders in relation to purchase of machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the machineries in a timely manner, or at all, the same may result in time and cost over-runs.
Objectives Hy-Tech Engineers IPO
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
2. Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company
3. General corporate purposes
Company 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: http://www.hy-techengineers.com/
Registrar Contact Details
Hy-Tech Engineers FAQs
The Hy-Tech Engineers IPO is a MAINBOARD public issue comprising 25610204 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹135.73 Cr. The issue price has been fixed at ₹53 per equity share, and the minimum application size is 283 shares.
The IPO opens for subscription on 24 Aug 2026, and closes on 27 Aug 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹39 (73.58%).
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