- Issue price
- ₹53per share
- Issue size
- ₹135.73 Cr2,56,10,204 shares
- Face value
- ₹5per equity share
- Lot size
- 283 sharesMin. ₹14,999 at the upper price
- Anchor biddingFri, 2026
- OpensMon, 2026
- ClosesThu, 2026
- AllotmentFri, 2026
- ListingTue, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 1,13,20,754 shares (₹60 Cr)
- Offer for sale
- 1,42,89,450 shares (₹75.73 Cr)
- Total issue
- 2,56,10,204 shares (₹135.73 Cr)
- Face value
- ₹5
- Listing at
- NSE, BSE
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail35.0%
- Anchor30.0%
- QIB ex-anchor20.0%
- NII15.0%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 89,63,572 | 35.00% | — |
| Non-institutional investors (NII) | 38,41,531 | 15.00% | — |
| Qualified institutional buyers (QIB) | 1,28,05,101 | 50.00% | — |
| QIB, excluding anchor | 51,22,041 | 20.00% | — |
| Anchor investors | 76,83,060 | 30.00% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹53 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 283 | ₹14,999 |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26, pre-issue- EPS (basic)
- ₹2.7
- EPS (diluted)
- ₹2.7
- P/E (FY 2025-26 at Cap Price)
- 19.63×
- P/E (FY 2025-26 at Floor Price)
- 18.52×
- RoNW
- 20.24%
- NAV per share (As of March 31, 2026)
- ₹14.61
- ROCE
- 24.40%
- Debt to equity
- 0.24
- EBITDA margin
- 22.01%
- PAT margin
- 11.68%
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 189.40 | 161.38 | 137.71 |
| Total income | 193.44 | 166.71 | 141.17 |
| EBITDA | 41.69 | 35.79 | 22.55 |
| Profit after tax | 22.59 | 19.62 | 11.60 |
| Net worth | 122.02 | 101.25 | 82.22 |
| Reserves and surplus | 80.25 | 59.49 | 81.84 |
| Total assets | 175.71 | 170.65 | 146.24 |
| Total borrowing | 29.76 | 43.53 | 40.84 |
FY 2025-26 vs FY 2024-25: revenue +17.4%, profit after tax +15.2%.
Source: ProspectusUpdated
About the company
The company designs, manufactures and supplies hydraulic fittings for industrial uses, with a catalogue of more than 11,000 stock keeping units. It operates six manufacturing facilities in Maharashtra and Madhya Pradesh plus a forging unit in Nashik, and sells through direct OEM sales and distributors in India and overseas.
- Incorporated
- 1978
- Industry
- Engineering / Hydraulic Fittings
- CIN
- U99999MH1978PLC020853
- Website
- hy-techengineers.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Ashwin Hemant Mondkar | Promoter | 8.35% | — | — |
| Hemant Tukaram Mondkar | Selling shareholder | 64.81% | — | 89,80,961 |
| Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar | Selling shareholder | 24.83% | — | 53,08,489 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Capital expenditure on machinery and equipment at Kavathe, Shirwal and Pithampur Unit-I | 29.97 |
| Repayment or prepayment of certain borrowings | 16.00 |
| General corporate purposes | 5.96 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Aeroflex Industries Limited | ₹4.28 | 107.04× | 14.06% | ₹33.8 |
| Dynamatic Technologies Limited | ₹47.73 | 230.32× | 7.89% | ₹1,168.41 |
| Yuken India Limited | ₹10.81 | 69.32× | 4.27% | ₹274.66 |
| Hy-Tech Engineers LimitedIssuer | ₹2.7 | 19.63× | 20.24% | ₹14.61 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Over four decades of experience in hydraulic fittings manufacturing.
- Large product range of more than 11,000 SKUs with in-house design and manufacturing.
- Backward integration through a captive forging unit in Nashik.
- Diversified customer base served through direct sales and distributors across India and overseas.
- Exports to eleven countries over the last three fiscals.
Risks
- Top 10 customers contributed about 45% of FY 2025-26 revenue and there are no long-term contracts with them.
- Exports are about 29% of revenue, with the USA a major share, exposing the company to currency and trade-policy risks.
- A key distributor, Hy-Tech USA Inc., is a promoter group member and a significant channel for export sales.
- Objects of the offer depend on management estimates and quotations that may change, and the capex is not yet ordered.
- Profit after tax rose over the period, but the company's results depend on customer concentration and export markets.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹53) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Hy-Tech Engineers IPO open and close?
According to the Prospectus, the issue opens on Monday, 24 August 2026 and closes on Thursday, 27 August 2026.
What is the Hy-Tech Engineers IPO price band?
The final issue price is ₹53 per share.
What is the lot size of the Hy-Tech Engineers IPO?
One lot is 283 shares, which is ₹14,999 at ₹53 per share.
Where will Hy-Tech Engineers shares list?
On NSE and BSE. The tentative listing date is Tuesday, 1 September 2026.
Who is the registrar of the issue?
Bigshare Services Private Limited (SEBI registration INR000001385). Allotment status is checked on the registrar's website.
How do I check the Hy-Tech Engineers IPO allotment status?
The basis of allotment is expected to be finalised on Friday, 28 August 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (Bigshare Services Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹29.97 Cr for capital expenditure on machinery and equipment at Kavathe, Shirwal and Pithampur Unit-I, ₹16 Cr for repayment or prepayment of certain borrowings, ₹5.96 Cr for general corporate purposes.
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Spotted something wrong?
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