WhatsApp
Call Us

Choose Broker-

IPO Open

Mon, Aug 24, 2026

IPO Close

Thu, Aug 27, 2026

Price Band

₹50 to ₹53

Market Cap (Pre-IPO)

₹502.72 Cr * on Upper Price

IPO Details

  • IPO Date
    24 to 27 Aug, 2026
  • Listing Date
    Tue, Sep 1, 2026
  • Face Value
    ₹5 per share
  • Price Band
    ₹50 to ₹53
  • Lot Size
    283 Shares
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    2,56,10,204 shares (agg. up to ₹136 Cr)
  • Fresh Issue
    1,13,20,754 shares (agg. up to ₹60 Cr)
  • Offer for Sale
    1,42,89,450 shares of ₹5 (agg. up to ₹76 Cr)
  • Share Holding Pre Issue
    8,35,31,840 shares
  • Share Holding Post Issue
    9,48,52,594 shares

IPO Timetable (Tentative)

  • IPO Open
    Mon, Aug 24, 2026
  • Allotment
    Fri, Aug 28, 2026
  • Credit of Shares
    Mon, Aug 31, 2026
  • IPO Close
    Thu, Aug 27, 2026
  • Refund
    Fri, Aug 28, 2026
  • Listing
    Tue, Sep 1, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Net Offer
Retail Not less than 35% of the Net Offer
NII Not less than 15% of the Net Offer

IPO Lot Size

Investors can bid for a minimum of 283 shares and in multiples thereof.

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

About Hy-Tech Engineers Ltd.

Updated on Aug 19, 2026

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.

Strengths

  • Integrated operations and product development capabilities.
  • Diversified customer base with wide market reach.
  • Experienced leadership, deep market understanding and industry credibility.
  • Established global presence with access to growing international markets.
  • Decentralized cell-based manufacturing model.

Company Financials (Restated Consolidated)

Hy-Tech Engineers Ltd.’s revenue increased by 16% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2026 and March 31, 2025.  (Amount in ₹ Crore)

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

Recently Listed IPOs in Iron & Steel Products

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Behari Lal Engineering Ltd. Mainboard ₹301.62 Cr ₹285 17.21 ₹502.20 +76.21% ₹504.25
Rajputana Stainless Ltd. Mainboard ₹254.98 Cr ₹122 21.1 ₹113.03 -7.35% ₹165.55
VMS TMT Ltd. Mainboard ₹148.50 Cr ₹99 22.24 ₹99.65 +0.66% ₹48.47

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 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
    29.97
  • 2 Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company
    16.00
  • 3 General Corporate Purposes
  • Total
    45.97

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 20.24% 21.39%
ROCE 24.40% 20.46%
RoNW 20.24% 21.39%
PAT Margin 11.68% 11.77%
EBITDA Margin 22.01% 22.18%
NAV 14.61 12.12
Price to Book Value 3.63 4.37

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 2.70 2.38
P/E (x) 19.63 22.27
Market Cap at Offer Price ₹443Cr. ₹502.72 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 97.99% 71.23%
Public 2.01% 28.77%
Total 100% 100%

Company Promoters: Hemant Tukaram Mondkar, Surekha Hemant Mondkar and Ashwin Hemant Mondkar.

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered Amount (₹ cr.)
Hemant Tukaram Mondkar Promoter 89,80,961 47.60
Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar Promoter 53,08,489 28.13
Total 1,42,89,450 75.73

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

IPO Lead Manager(s)

  1. New Berry Capitals Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Hy-Tech Engineers Ltd. Address
Plot No. A-160
Main Road,
Wagle Industrial Estate,
Thane, Maharashtra, 400604

IPO FAQs

Hy-Tech Engineers IPO is a main-board IPO of 2,56,10,204 equity shares of the face value of ₹5 aggregating up to ₹136 Crores. The issue is priced at ₹50 to ₹53. The minimum order quantity is 283.

The IPO opens on Mon, Aug 24, 2026, and closes on Thu, Aug 27, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Hy-Tech Engineers IPO using UPI as a payment gateway. Angel One customers can apply in Hy-Tech Engineers IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Hy-Tech Engineers IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Hy-Tech Engineers IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Hy-Tech Engineers IPO opens on Mon, Aug 24, 2026 and closes on Thu, Aug 27, 2026.

Hy-Tech Engineers IPO lot size is 283, and the minimum amount required for application is ₹14,999.

You can apply in Hy-Tech Engineers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Hy-Tech Engineers IPO will be done on Friday, August 28, 2026, and the allotted shares will be credited to your demat account by Mon, Aug 31, 2026. Check the Hy-Tech Engineers IPO allotment status.

The Hy-Tech Engineers IPO listing date is not yet announced. The tentative date of listing is Tue, Sep 1, 2026.

Stock Broker Reviews India

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited 2

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

Advertisments

Compare India's most trusted brokers side-by-side to find your perfect match.