Hy-Tech Engineers Ltd. IPO Details
Hy-Tech Engineers was incorporated on December 18, 1978. The company designs, manufactures, and supplies hydraulic fittings with 40+ years of experience, offering over 10,000 SKUs across industries like construction, automotive, agriculture, and hydraulics. Certified to serve railways and defence, it provides both standard and customized solutions
| Bidding Dates |
|---|
| 24 Aug 2026 - 27 Aug 2026 |
| Subscription |
|---|
| 19.33x Oversubscribed |
| Check Allotment Status |
|---|
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,150 | 1 | 13 | 283 | 25.6 M | ₹50 - ₹53 | 71.23 % | ₹1280.5 M - ₹1357.3 M | RHP DOC |
HyTech Engineers IPO SUBSCRIPTION STATUS
25 Aug '26HyTech Engineers IPO overall subscription rate was 19.33 times the total available shares
HyTech Engineers IPO retail subscription rate was 27.26 times in the retail segment
HyTech Engineers IPO non-institutional investor subscription rate was 24.56 times in the non-institutional investor category
HyTech Engineers IPO Qualified Institutional Bidder subscription rate was 0.62 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
25 Aug 2026 (Day 2) | 27.26x | 24.56x | 0.62x |
24 Aug 2026 (Day 1) | 11.22x | 8.79x | 0.51x |
HyTech Engineers FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 189.4 | 22.6 | 30.3 | 19.1 | 22.0% |
| FY25 | 161.4 | 19.6 | 17.0 | 5.4 | 22.2% |
| FY24 | 137.7 | 11.6 | 18.7 | -9.5 | 16.4% |
HyTech Engineers IPO SUBSCRIPTION STATUS DETAILS
HyTech Engineers has 25.6 M shares on offer
HyTech Engineers IPO offer price is in the range ₹50 - ₹53
HyTech Engineers IPO minimum Investment is ₹14150
HyTech Engineers IPO issue size is ₹ 1280.5 M - ₹ 1357.3 M
HyTech Engineers has a minimum lot size of 283 Shares per application
HyTech Engineers NUMBER OF SHARES ON OFFER
HyTech Engineers IPO IMPORTANT DATES
| Issue Open Date | 24 Aug 2026 |
| Issue close Date | 27 Aug 2026 |
| Allotment Date | 28 Aug 2026 |
| Refund Date | 31 Aug 2026 |
| Demat Account Credit Date | 31 Aug 2026 |
| Listing Date | 01 Sep 2026 |
| Listing on Exchange(s) | NSE and BSE |
| HyTech Engineers Allotment Status | Exchange/ Registrar |
HyTech Engineers IPO subscription opens on 24 Aug 2026, and closes on 27 Aug 2026
IPO allotment for HyTech Engineers is expected to be finalized on Friday, 28 Aug 2026
IPO listing for HyTech Engineers will be on NSE and BSE on Tuesday, 01 Sep 2026
HyTech Engineers Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hy-Tech Engineers Ltd. | 53 | 502.7 | 22.3 | 1.5 | 2.6 | 18.5 | 12.8 | 193.4 | 16 | 22.6 | 15.2 | 2.4 | 15.2 |
| Solar Industries India Ltd. | 19800 | 179170.4 | 90 | 1.6 | 15.8 | 26.7 | 15.4 | 9965.7 | 30.9 | 1677.6 | 38.7 | 220.1 | 57.8 |
| PTC Industries Ltd. | 21116 | 31658.2 | 252.1 | 2.4 | 45.4 | 6.7 | 5.2 | 643.3 | 88 | 101.6 | 66.4 | 83.8 | 105 |
| Inox India Ltd. | 1900 | 17245.1 | 67.7 | 7.8 | 10.7 | 23.1 | 12.8 | 1632.3 | 21.2 | 257.9 | 14.1 | 28.1 | 8.7 |
| Kennametal India Ltd. | 4122.4 | 9060.2 | 46.2 | 0.5 | 6 | 13.8 | 10.6 | 1184.7 | 0 | 102.9 | 0 | 89.2 | 90.5 |
| Precision Wires India Ltd. | 411.8 | 7527.1 | 43.1 | 0.5 | 1.2 | 20.1 | 6.9 | 5463.4 | 35.4 | 155.3 | 72.4 | 9.6 | 84 |
HyTech Engineers INFORMATION ON IPO ISSUE
About HyTech Engineers
Hy-Tech Engineers was incorporated on December 18, 1978. The company designs, manufactures, and supplies hydraulic fittings with 40+ years of experience, offering over 10,000 SKUs across industries like construction, automotive, agriculture, and hydraulics. Certified to serve railways and defence, it provides both standard and customized solutions
Object of the Issue
- Funding the capital expenditure requirements towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and Pithampur Unit-I
- Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company
- General corporate purposes
HyTech Engineers - PROMOTERS
| Name |
|---|
| Hemant Tukaram Mondkar |
| Surekha Hemant Mondkar |
| Ashwin Hemant Mondkar |
HyTech Engineers - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Hemant Tukaram Mondkar | Chairman & Managing Director |
| Surekha Hemant Mondkar | Executive Director |
| Ashwin Hemant Mondkar | Non-Executive Director |
| Vivek Sadashiv Patwardhan | Independent Director |
| Satish Prabhakar Kulkarni | Independent Director |
| Chetan Ramesh Sapre | Independent Director |
| Nandeeta Amit Vengsarkar Wagh | Additional Independent Director |
HyTech Engineers Book Running Lead Manager
New Berry Capitals Private Limited
project.darwin@newberry.in
HyTech Engineers Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
HyTech Engineers Strengths
Diversified customer base
The company follows a dual-channel model, combining direct sales to OEMs and industrial users with a growing distributor network. In FY25, it served 152 direct customers and 6 distributors, ensuring scalability, broader reach, and reduced dependence on a single channel
Cell-based manufacturing model
The company follows a cell-based manufacturing model, with self-contained units focused on specific customers or products. This decentralized approach enhances accountability, flexibility, and quality, enabling efficient operations and stronger customer relationships
Integrated operations & development capabilities
The company offers 10,000+ SKUs of hydraulic fittings, including standard and customized solutions, with steady new product additions each year. Its in-house capabilities spanning design, forging, machining, plating, and testing enable flexibility to serve both large OEMs and SMEs across industries
HyTech Engineers Risks
Expansion risks
The company may face challenges in executing expansion plans or implementing growth strategies on time or within budget. Any such delays or shortfalls could impact its growth, operations, and financial performance
Depend on construction & farming industry
The company derives significant revenue from construction machinery, farming, and automotive industries. Any slowdown or reduced demand in these sectors could adversely impact its business, operations, and financial performance
Licenses & approvals
The company’s operations require multiple statutory approvals, licenses, and regulatory clearances across jurisdictions. Failure to obtain, renew, or maintain them could adversely affect its business, operations, and financial performance
IPO FAQs
This IPO consists of an offer for sale of up to Rs 75.7 crore, of 14,289,450 shares. It also consists of a fresh issue of Rs 60.0 crore.
The promoters of the company are Hemant Tukaram Mondkar, Surekha Hemant Mondkar and Ashwin Hemant Mondkar.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 50.0 - 53.0.
The IPO application opens on Aug 24, 2026 and closes on Aug 27, 2026.
The minimum lot size for the IPO is 283. The maximum lot size for the IPO is 3679.
For all category investors, the minimum application amount for this IPO is Rs. 14,150.0, the maximum value for this IPO is Rs 194,987.0.
This IPO will be allotted on Aug 28, 2026.
The refund will be credited to your account on Aug 31, 2026.
The allotted shares will be credited to your demat on Aug 31, 2026.
Hy-Tech Engineers Ltd.’s shares will list on the stock exchanges on Sep 01, 2026.