Hy-Tech Engineers Limited
Open now24–27 Aug 2026
Updated 2026-08-27 (IST)
What Hy-Tech Engineers Limited does
We are an engineering company engaged in the design, manufacture and supply of hydraulic fittings catering to diverse industrial applications, with over four decades of operational experience in the hydraulics industry.
Hy-Tech Engineers Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2023 | 2024 | 2025 | ||
|---|---|---|---|---|
| Sales | 133 | 138 | 161 | |
| Operating Profit | 31 | 23 | 36 | |
| OPM % | 23.5% | 16.4% | 22.2% | |
| Net Profit | 18 | 12 | 20 | |
| Total Debt | 21 | 41 | 44 |
Hy-Tech Engineers Limited IPO offer structure
Total: ₹136 cr. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Funding capital expenditure requirements of our Company towards procurement of new plant and machinery for proposed expansion at Kavathe Unit, Shirwal Unit and Pithampur Unit-I: ₹32 cr
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company: ₹18 cr
Hy-Tech Engineers Limited promoters and holding
- Hemant Tukaram Mondkar: Chairman and Managing Director
- Surekha Hemant Mondkar: Executive Director
- Ashwin Hemant Mondkar: Non-Executive Director
Hy-Tech Engineers Limited strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Integrated operations and product development capabilities (p.185)
- Diversified customer base with wide market reach (p.186)
- Established global presence with access to growing international markets (p.187)
- Experienced leadership, deep market understanding and industry credibility (p.186)
- Decentralized cell-based manufacturing model (p.188)
- We are dependent on a few customers for a major portion of our revenues. (p.37)
- We derive a significant portion of revenue from operations from exports out of which a substantial portion is generated from the United States of America. (p.39)
- We are dependent on our suppliers for raw materials used in our manufacturing processes. (p.40)
- We may be unable to successfully execute our plans to expand operations or to successfully implement our business plans and growth strategies. (p.41)
- We derive a significant portion of our revenue from operations from direct sales to our customers. (p.42)
Hy-Tech Engineers Limited market and competition
According to the CARE Report, the Indian hydraulic fittings industry is largely dominated by small and medium enterprises (SMEs), with only a few large players. With presence of several unorganized players (more than 90% of the industry is unorganized), the competitive intensity is high.
Never miss an IPO like this
Every upcoming IPO analysed: subscription, GMP and a DRHP breakdown, in your inbox, free. One email when each one opens.
Hy-Tech Engineers Limited IPO: common questions
When does the Hy-Tech Engineers Limited IPO open and close?
The Hy-Tech Engineers Limited IPO is open from 24 Aug 2026 to 27 Aug 2026.
What is the Hy-Tech Engineers Limited IPO price band?
The price band is ₹50–₹53 per share.
What is the lot size and minimum investment for the Hy-Tech Engineers Limited IPO?
One lot is 283 shares, and a retail application must be at least one lot. That is about ₹14,999 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
What is the grey-market premium (GMP) for the Hy-Tech Engineers Limited IPO?
As of 27 Aug 2026 the indicative GMP is +71.7%. GMP is unregulated and self-reported. Never decide on it alone.
How much is the Hy-Tech Engineers Limited IPO subscribed?
As of 27 Aug 2026 the total subscription is 50.80×.
When are the Hy-Tech Engineers Limited IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 28 Aug 2026, refund/unblock around 31 Aug 2026 and listing around 1 Sep 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the Hy-Tech Engineers Limited IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → All live GMP, and its record →
How often do these actually open above the issue price?
Of the 359 mainboard IPOs that have listed on the NSE since 2021, 260 (72%) opened above their issue price, at a median of +10%. That is the segment's own record, not a forecast for this issue.