Hy-Tech Engineers Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 🔥 100.07x | 12,805,101 | 1,281,364,004 | ₹68 Cr |
| NII (HNI) | 🔥 410.36x | 3,841,531 | 1,576,419,238 | ₹20 Cr |
| Retail | 🔥 171.71x | 8,963,572 | 1,539,120,970 | ₹48 Cr |
| Σ Total | 🔥 171.69x | 25,610,204 | 4,396,904,212 | ₹136 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 238 | ₹12,614 |
| Retail (Max) | 13 | 3,094 | ₹163,982 |
| S-HNI (Min) | 14 | 3,332 | ₹176,596 |
| B-HNI (Min) | 67 | 15,946 | ₹845,138 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 193 | 167 | 141 |
| EBITDA | 42 | 35,788,000 | 23 |
| Profit After Tax | 23 | 20 | 20 |
| Net Worth | 122 | 101 | 82 |
| Total Assets | 176 | 171 | 146 |
| Reserves & Surplus | 80 | 59 | 82 |
| Total Borrowing | 30 | 44 | 41 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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
- Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company – 16.00
- General Corporate Purposes –
Company Overview
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.