Hy-Tech Engineers Ltd. logo

Hy-Tech Engineers Ltd.

IPO
MainboardBSE, NSEIron & Steel Products
Opens
24 Aug 2026
Closes
27 Aug 2026
Listing
01 Sept 2026
Issue Size
₹135.73 Cr
Price Band
₹50₹53

Issue 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

#DescriptionAmount (₹ Cr)
1Funding 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
2Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company₹16
3General 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.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Hy-Tech Engineers Ltd.2.72.714.6120.24Consolidated
Aeroflex Industries Ltd4.284.2833.8107.0414.06Consolidated
Dynamatic Technologies Ltd47.7347.731,168.41230.327.89Consolidated
Yuken India Ltd10.8110.81274.6669.324.27Consolidated

Hy-Tech Engineers Ltd. - Documents & Links

Registrar

Bigshare Services Pvt.Ltd.

Contact: 8657578989, 8069219065, 8069219060

ipo@bigshareonline.comWebsite

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/

Lead managers

New Berry Capitals Pvt.Ltd.