Hy-Tech Engineers

Hy-Tech Engineers IPO

Upcoming

MainboardOpens 24 August 2026Closes 27 August 2026

Hy-Tech Engineers Limited (incorporated in 1978 as Hy-Tech Engineers Private Limited) is a precision engineering manufacturer specializing in hydraulic fittings, adaptors, and fluid power components. The company's…

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Price band
₹50 - ₹53
Issue size
₹135.73 Cr
Lot size
283 shares
Type
Mainboard
GMP
₹27 (+50.9%)
Est. listing
₹80
Est. profit / app
₹7,641
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹5
EPS
2.7
P/E ratio
19.63
RoNW
20.24%
ROE
20.24%
Debt / Equity
0.24
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Timeline

IPO Opens

24 Aug

IPO Closes

27 Aug

Allotment

28 Aug

Listing

1 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date24 August 2026
IPO Close Date27 August 2026
Allotment Date28 August 2026
Listing Date1 September 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,999
Retail (Max)Just less than ₹2,00,000
13₹1,94,987
SHNI (Min)Just above ₹2,00,000
14₹2,09,986
SHNI (Max)Below ₹10,00,000
66₹9,89,934
BHNIAbove ₹10,00,000
67₹10,04,933

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • 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.

Strengths

  • Four decades of precision manufacturing expertise with integrated in-house product development and toolroom capabilities.
  • Extensive product catalogue comprising over 3,500 standard items and 10,000+ fitting varieties across DIN, JIC, and conversion configurations.
  • Diversified customer base across critical heavy engineering sectors including construction machinery, agriculture, and automotive.
  • Established international export reach contributing 29.37% of revenue in FY26, with strong distribution presence in North America and Europe.

Weaknesses

  • Customer concentration risk, with top 10 customers contributing 45.32% of FY26 revenue from operations without long-term supply contracts.
  • Geographic concentration of manufacturing facilities, with 4 out of 6 plants in Maharashtra generating 77.64% of FY26 revenue.
  • Working capital-intensive business model with working capital cycle days standing at 194 days in FY26.
  • High dependence on raw material availability and pricing volatility for carbon steel and stainless steel inputs.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)175.71170.65146.24
Revenue (₹ Cr.)189.4161.38137.71
PAT (₹ Cr.)22.5919.6211.6
Net Worth (₹ Cr.)122.02101.2582.22

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Hy-Tech Engineers3.6319.6320.24%122.02
Yuken India Ltd3.2176.973.88%274.68
Dynamatic Technologies Ltd10.08188.546.3%1,168.41

Subscription Details

No daily bids available.

No subscription statistics available.

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Company Details

  • Hy-Tech Engineers Limited
  • Plot No. A-160, Main Road, Wagle Industrial Estate, Thane – 400604, Maharashtra, India
  • +91 22 4097 1916
  • hytechcs@hy-techengineers.com
  • https://www.hy-techengineers.com/

Registrar Details

Frequently Asked Questions

What does Hy-Tech Engineers Limited do?
Hy-Tech Engineers Limited is a manufacturer of precision hydraulic fittings, adaptors, and fluid connectors used across construction equipment, agricultural machinery, automotive systems, and industrial hydraulics.
What are the IPO dates for Hy-Tech Engineers IPO?
The Hy-Tech Engineers IPO opens for public subscription on August 24, 2026, and closes on August 27, 2026 (Anchor bidding opens on August 21, 2026).
What is the price band and minimum investment for Hy-Tech Engineers IPO?
The price band is set at ₹50 to ₹53 per equity share. Retail investors can apply for a minimum lot of 283 shares, requiring an investment of ₹14,999 at the upper price band.
What is the total issue size of Hy-Tech Engineers IPO?
The total issue size is ₹135.73 Crores, comprising a Fresh Issue of ₹60.00 Crores and an Offer for Sale of ₹75.73 Crores (14,289,450 equity shares).
What is the tentative listing date for Hy-Tech Engineers IPO?
The equity shares of Hy-Tech Engineers Limited are tentatively scheduled to list on the BSE and NSE on September 1, 2026.

Hy-Tech Engineers IPO News & Updates

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Hy-Tech Engineers IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Hy-Tech Engineers IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Bigshare Services Private LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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