Hy Tech Engineers Limited
Minimum investment
Bidding date
24 Aug - 27 Aug 2026
Price range
₹50 - ₹53
Minimum quantity
283
Minimum investment
₹14,150
Issue size
₹136 Cr.
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Total Issue Size:
₹136 Crore
Fresh Issue: 44% (₹60 Cr)
OFS: 56% (₹76 Cr)
Fresh Issue – ₹60 Crore
Offer for Sale – ₹76 Crore
Before Issue: 97.99%
After Issue: 71.23%
Lock-in / Stabilization | Timeline |
|---|---|
Minimum Promoters’ Contribution – 20% of Post-Issue Equity Share Capital | 3 Years from the Date of Allotment |
Promoters’ Shareholding in Excess of 20% | 1 Year from the Date of Allotment |
Note: Retail IPO investors have no lock-in and can sell shares from the listing day.
Hy-Tech Engineers Limited was incorporated in December 1978 and is engaged in the design, manufacture and supply of hydraulic fittings for industrial applications. The company operates primarily through a B2B model and serves OEMs, industrial customers, authorised distributors and distribution partners.
The company's product portfolio includes more than 11,000 SKUs, covering DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal (ORFS) fittings, conversion fittings and customised hydraulic fittings. Its products are used in construction machinery, automotive, farming machinery, injection moulding machines and hydraulic systems. The company also has certifications for railway and defence applications.
Hy-Tech Engineers has manufacturing facilities at Thane, Shirwal, Kavathe and Pithampur, while its Nashik facility supplies forged components to these manufacturing units as part of its backward integration operations.
The company serves customers in India as well as international markets. As of March 31, 2026, its international presence covered countries including the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, Thailand and Germany.
As of March 31, 2026, Hy-Tech Engineers had 468 permanent employees and 253 contractual employees across production, finance, sales and marketing, quality control, supply chain, design and human resources.
Established Industry Experience: With operations dating back to 1978, the company has extensive experience in manufacturing hydraulic fittings and understanding the requirements of industrial customers.
Extensive Product Portfolio: Hy-Tech Engineers offers more than 11,000 SKUs, allowing it to address different technical requirements and applications across its target industries.
Diverse End-User Industries: The company's products are used across automotive, construction machinery, agriculture, injection moulding and other hydraulic applications, providing exposure to multiple industrial segments.
International Market Presence: The company has established business presence across several overseas markets, including the USA, Germany, Italy, Belgium, Brazil, Saudi Arabia and the UAE.
Integrated Manufacturing Operations: Its manufacturing network is supported by the Nashik facility, which supplies forged components to other units. This backward integration can provide greater control over an important part of the production process.
Dependence on Industrial Demand: The company's business is linked to demand from industrial sectors such as automotive, construction equipment and agriculture. A slowdown in these sectors could affect orders and revenue.
Competitive Industry: Hy-Tech Engineers operates in a competitive market where domestic and international manufacturers compete on product quality, pricing, technology and customer relationships.
Expansion Execution Risk: The company plans significant capital expenditure through the IPO proceeds. Delays in procurement, installation or utilisation of new machinery could affect the expected benefits from the expansion.
International Business Exposure: Operations across overseas markets expose the company to factors such as foreign exchange movements, changes in regulations and economic conditions in individual countries.
193.44 Cr.
Mar'26
22.59 Cr.
Mar'26
41.69 Cr.
Mar'26
57 investors voted
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