· Mainboard · NSE, BSE
Price Band
₹50–53
Lot Size
283 shares
Issue Size
₹136 Cr
Min. Investment
₹14,999
Indicative, updates through the day
Cap price plus current GMP: ₹92 — arithmetic, not a forecast
Hy-Tech Engineers IPO is a Mainboard issue that listed on NSE, BSE on 1 September 2026. The issue price band is fixed at ₹50–₹53 per equity share with a minimum market lot size of 283 shares, bringing the total issue size to ₹136 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,999.
The latest unlisted Grey Market Premium (GMP) for Hy-Tech Engineers IPO is quoted at ₹39, representing a premium of approximately 73.58% over the upper price band of ₹53. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹92, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, Hy-Tech Engineers IPO has been subscribed 246.59x overall — with QIB at 249.71x, NII at 412.67x, bNII at 341.2x, sNII at 555.61x, Retail at 173.63x, representing over 46,54,949 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 283 shares (approx. ₹14,999 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment finalised on 28 August 2026 and listing completed on 1 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹53
Listed At
₹75
Current Price
₹78.75
Incorporated in December 1978, Hy-Tech Engineers Limited is an engineering company engaged in the design, manufacture and supply of hydraulic fittings for diverse industrial applications. With over four decades of experience in the hydraulics industry, the Company offers a portfolio of more than 11,000 SKUs, including DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal (ORFS) fittings, conversion fittings and customized hydraulic fittings. The Company operates on a B2B model across domestic and international markets, serving OEMs and industrial customers through direct sales as well as authorized distributors and distribution partners. Its products cater to industries including construction machinery, automotive, farming machinery, injection moulding machines and hydraulic systems, while certifications for railway and defence applications further expand its market reach. As of March 31, 2026, the Company had an international presence across markets including the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, Thailand and Germany. Hy-Tech Engineers operates manufacturing facilities at Thane, Shirwal, Kavathe and Pithampur, supported by its Nashik unit, which supplies forged components to these facilities as part of its backward integration strategy. As of March 31, 2026, the Company had 468 permanent employees and a contractual workforce of 253 personnel across various functions, including production, finance, sales and marketing, quality control, supply chain, design and human resources.
Hy-Tech Engineers IPO raises ₹40.72 crore from anchor investors. Hy-Tech Engineers IPO Anchor bid date is August 21, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,28,05,101 | 50% |
| − Anchor Investor | 76,83,060 | 30% |
| − QIB (Ex. Anchor) | 51,22,041 | 20% |
| NII (HNI) | 38,41,531 | 15% |
| − bNII > ₹10L | 25,61,021 | 10% |
| − sNII < ₹10L | 12,80,510 | 5% |
| Retail | 89,63,572 | 35% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 283 | ₹14,999 |
| Retail (Max) | 13 | 3679 | ₹1,94,987 |
| S-HNI (Min) | 14 | 3962 | ₹2,09,986 |
| S-HNI (Max) | 66 | 18678 | ₹9,89,934 |
| B-HNI (Min) | 67 | 18961 | ₹10,04,933 |
EPS (Pre IPO)
2.70
EPS (Post IPO)
2.38
ROE
20.24%
P/E (Pre IPO)
19.63
P/E (Post IPO)
22.27
Price / Book
3.63
Market Cap
₹443Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Technocrats Plasma Systems Ltd. | 11.38 | ₹60.98 Cr | |
| Liotech Industries Ltd. | 23.13 | ₹36.03 Cr | |
| Narmadesh Brass Industries Ltd. | 19.63 | ₹44.87 Cr | |
| Abril Paper Tech Ltd. | 24.96 | ₹13.42 Cr |
Hy-Tech Engineers Ltd. Address
Bigshare Services Pvt. Ltd.