Hy-Tech Engineers Ltd IPO
Hy-Tech Engineers Limited has been in the hydraulics industry for over 40 years and manufactures and supplies hydraulic fittings for various industries. It offers 11,000 types of products, including DIN-metric, JIC, ORFS, conversion, and customised fittings. Its products are used in construction machinery, automobiles, agricultural machinery, injection moulding machines and hydraulic systems.
IPO GMP
+₹39
+74% expected gain
Price Band
₹50 - ₹53
Lot Size
283 shares
Min Investment
₹14,999
Listing Date
September 1, 2026
About Hy-Tech Engineers Ltd
Company overview, business, and key facts.
Hy-Tech Engineers Limited has been in the hydraulics industry for over 40 years and manufactures and supplies hydraulic fittings for various industries. It offers 11,000 types of products, including DIN-metric, JIC, ORFS, conversion, and customised fittings. Its products are used in construction machinery, automobiles, agricultural machinery, injection moulding machines and hydraulic systems.
Hy-Tech Engineers has manufacturing facilities in Thane, Shirwal, Kavathe, and Pithampur, along with a Nashik unit that supplies forged components to these plants. Further, the Nashik unit supplies forged components to these facilities as part of its backward integration strategy.
Headquarters
Thane, Maharashtra
Promoters
Hemant Tukaram Mondkar, Surekha Hemant Mondkar, Ashwin Hemant Mondkar
Website
https://www.hy-techengineers.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review: May Apply
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Hy-Tech Engineers Ltd IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹502.7 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
22.3x
Peer median 107x (discount of 79.2%)
Price to sales
2.6x
Revenue growth, 2026
+16%
17.1% a year over the period
Profit growth, 2026
+15.1%
39.5% a year over the period
Profit margin (PAT)
11.7%
EBITDA margin 22.01%
ROE / ROCE
20.24% / 24.4%
As published in the offer document
Issue mix
44.2% fresh / 55.8% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹11,037
283 shares on ₹14,999. GMP is unofficial.
What stands out
- Priced at a 79.2% discount to the peer median P/E of 107.
- GMP has been rising over the last three readings.
Watch-outs
- 55.8% of the issue is an offer for sale, so most money goes to selling shareholders, not the company.
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Hy-Tech Engineers Ltd's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Hy-Tech Engineers Ltd IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Hy-Tech Engineers Ltd IPO is trading at a grey market premium (GMP) of +₹39 (+74% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 244.41x overall — QIB: 255.77x, NII: 402.29x, Retail: 170.58x.
Hy-Tech Engineers Ltd IPO subscription has closed. The shares are expected to list on September 1, 2026.
The minimum investment required is ₹14,999 for 283 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review: May Apply.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Hy-Tech Engineers Ltd IPO — Frequently Asked Questions
What is Hy-Tech Engineers Ltd IPO GMP today?
Hy-Tech Engineers Ltd IPO GMP (grey market premium) today is +₹39, suggesting an estimated listing gain of +74%. GMP is indicative and subject to change.
What is the price band of Hy-Tech Engineers Ltd IPO?
The price band for Hy-Tech Engineers Ltd IPO is ₹50 - ₹53 with a lot size of 283 shares. The minimum investment required is ₹14,999.
When is Hy-Tech Engineers Ltd IPO allotment date?
Hy-Tech Engineers Ltd IPO allotment is expected to be finalised on August 28, 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt. Ltd.) using your PAN number.
When will Hy-Tech Engineers Ltd IPO list on NSE/BSE?
Hy-Tech Engineers Ltd IPO is expected to list on BSE, NSE on September 1, 2026.
How to check Hy-Tech Engineers Ltd IPO allotment status?
To check Hy-Tech Engineers Ltd IPO allotment status, visit the registrar's website (Bigshare Services Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Hy-Tech Engineers Ltd IPO?
Hy-Tech Engineers Ltd IPO is showing a strong GMP of +₹39 (+74%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.
What is the lot size of Hy-Tech Engineers Ltd IPO?
The lot size for Hy-Tech Engineers Ltd IPO is 283 shares per lot. The minimum investment for retail investors is ₹14,999. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.