
Hy-Tech Engineers Ltd.
IPOIssue Details
Issue Size
₹135.73 Cr
Fresh Issue
– Cr
OFS
– Cr
Price Band
₹50 – ₹53
Lot Size
283
₹14,999
Face Value
₹5
Important Dates
Open Date
24 Aug 2026
Close Date
27 Aug 2026
Allotment
28 Aug 2026
Refund
31 Aug 2026
Listing
01 Sept 2026
About Company
Incorporated in 1978, Hy-Tech Engineers Ltd. is a manufacturer of hydraulic fittings, including DIN – Metric fittings, conversion adaptors, JIC fittings, O-Ring face-seal fittings, mesh fittings, soft-seal fittings.
The company operates from four state-of-the-art manufacturing facilities located in Thane, Pune (Shirwal), Nashik, and Pithampur.
The company offers an extensive catalog, featuring over 3,500 items and producing more than 10,000 fitting varieties.
The company operate on a business-to-business (B2B) model across both domestic and international markets. Its sales approach combines direct engagement with original equipment manufacturers (“OEMs”) and other industrial customers as also through a network of authorized distributors and distribution partners.
Product Portfolio:
DIN (Metric) Fittings
JIC Flared and Flareless Fittings
O-ring face seal fittings
Conversion Fittings
As of March 31, 2025, the company had 425 permanent employees and a contractual workforce of 260 personnel.
Competitve 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
Objects of the Issue
| # | Description | Amount (₹ 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 |
| 3 | General Corporate Purposes | – |
Financial Performance
Share Reservations
QIB
51,22,042
Anchor
76,83,060
NII
38,41,531
Retail
89,63,571
Employee
0
Total
2,56,10,204
Hy-Tech Engineers Ltd. IPO Peer Comparison
The table below shows peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Hy-Tech Engineers Ltd. | 2.7 | 2.7 | 14.61 | – | 20.24 | Consolidated |
| Aeroflex Industries Ltd | 4.28 | 4.28 | 33.8 | 107.04 | 14.06 | Consolidated |
| Dynamatic Technologies Ltd | 47.73 | 47.73 | 1,168.41 | 230.32 | 7.89 | Consolidated |
| Yuken India Ltd | 10.81 | 10.81 | 274.66 | 69.32 | 4.27 | Consolidated |
Hy-Tech Engineers Ltd. - Documents & Links
Registrar
Company contact
Hy-Tech Engineers Ltd.
Address: Plot No. A-160, Main Road, Wagle Industrial Estate, Thane, Maharashtra
hytechcs@hy-techengineers.comhttps://www.hy-techengineers.com/