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Hy-Tech Engineers Limited's presents an investment opportunity through its forthcoming IPO with a total issue size of 2,56,10,204 Shares. The fresh issue of 1,13,20,754 Shares aims to strengthen the company's financial position, while the OFS component of ₹75.73 Cr offers partial exit opportunities to existing investors.
The indicative price range of ₹50 to ₹53 per share and minimum lot size of 283 shares have been designed to accommodate varying investment capacities while ensuring broad market participation.
The subscription period is scheduled from Aug 24, 2026 to Aug 27, 2026. Post- subscription, the allotment process will conclude on Aug 28, 2026, with the official listing ceremony expected on Sep 01, 2026 at the NSE, BSE exchange.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Founded in 1978, Hy-Tech Engineers Ltd. is a manufacturer of hydraulic fittings used in various industrial applications, offering products such as DIN metric fittings, JIC fittings, O-ring face seal fittings, conversion adaptors, and other specialized fittings. The company operates four modern manufacturing facilities located in Thane, Pune (Shirwal), Nashik, and Pithampur, and has a wide product range with over 3,500 items and more than 10,000 fitting variants. It follows a B2B business model, serving both domestic and international markets through direct sales to OEMs and industrial clients, as well as through authorized distributors. As of March 31, 2025, the company had 425 permanent employees along with around 260 contract workers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
💡 Read our detailed guide: What is IPO Grey Market Premium (GMP) & How It Works?
- Integrated Operations & Product Development: The company offers 11,000+ hydraulic fitting SKUs and develops application-specific products. It added 880 new SKUs in FY2026, reflecting strong innovation and adaptability.
- Diversified Customer Base & Wide Reach: The company serves 170 direct customers through 7 distributors and distribution partners, reaching diverse markets across India and 176 overseas markets.
- Decentralized Cell-Based Manufacturing: Its cell-based manufacturing model provides dedicated oversight for production, quality, and design, supporting accountability, consistent delivery, and customer-focused operations.
- Growth & Expansion Risk: The company recorded negative year-on-year PAT growth in FY2024 and may face challenges in executing expansion plans within the targeted timelines and budgets.
- Dependence on Third-Party Logistics: The company relies on external logistics providers for transportation. Delays, accidents, or service disruptions could affect supply chains, cash flows, and financial performance.
- Machinery Procurement & Expansion Risk: Machinery required for planned expansion has not yet been firmly ordered. Delays in procurement, vendor issues, price increases, or cost overruns could delay expansion and increase project costs.
- Hemant Tukaram Mondkar
- Surekha Hemant Mondkar
- Ashwin Hemant Mondkar
Hy-Tech Engineers Limited
Bigshare Services Private Limited

