Price Band fixed at ₹50 – ₹53 per equity share of face value ₹5 each
Anchor Investor Bid/Offer Date – Friday, August 21, 2026
Bid /Offer Opening Date – Monday, August 24, 2026, and Closing Date – Thursday, August 27, 2026
Bids can be made for a minimum of 283 Equity Shares and in multiples of 283 Equity Shares thereafter
RHPLink: https://www.newberry.in/wp-content/uploads/2026/08/Hy-Tech-Engineers-Limited-RHP.pdf
Mumbai 19 th August 2026 : ( TGN ) :Hy-Tech Engineers Limited, On Wednesday announced its IPO to open on Monday, August 24, 2026. The Bid/ Offer Closing Date is Thursday, August 27, 2026. The Anchor Investor Bidding Date is Friday, August 21, 2026.
The Price Band of the Offer has been fixed from ₹50 – ₹53 per Equity Share. Bids can be made for a minimum of 283 Equity Shares and multiples of 283 Equity Shares thereafter.
The Offer comprises Fresh Issue of equity shared aggregating up to ₹600 million (Rs 60 cr) and an Offer for Sale of up to 1,42,89,450 Equity Shares by the existing shareholders, comprising up to 89,80,961 Equity Shares by Mr. Hemant Tukaram Mondkar and up to 53,08,489 Equity Shares by Mrs. Surekha Hemant Mondkar.
Hy-Tech Engineers Limited is engaged in the design, manufacture and supply of hydraulic fittings catering to diverse industrial applications. The Company operates on a business-to-business (B2B) model across both domestic and international markets, catering to original equipment manufacturers (OEMs) and other industrial customers. With over four decades of operational experience, Hy-Tech currently operates six manufacturing facilities in India, located in Thane, Shirwal (Satara), Kavathe (Satara), Nashik and two units in Pithampur, Madhya Pradesh.
The product portfolio comprises standard hydraulic fittings viz. DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal (ORFS) fittings and conversion fittings, as well as fittings customized to customer specifications. As of March 31, 2026, Hy-Tech portfolio consisted of more than 11,000 stock keeping units (SKUs) of hydraulic fittings. Hy-Tech has international presence which are extended to markets such as USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, Thailand and Germany.
As of 31 March 2026, the company reported a revenue of ₹189.40 crore, reflecting continued business momentum during the financial year. The company recorded EBITDA of ₹41.68 crore and Profit After Tax (PAT) of ₹22.59 crore, highlighting its financial performance and focus on operational efficiency and sustainable growth.
The offer is being made through the Book Building Process, in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations and in compliance with Regulation 6(1) of the SEBI ICDR Regulations, wherein not more than 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs” and such portion, the “QIB Portion”), provided that our Company, in consultation with the BRLM, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations (“Anchor Investor Portion”), of which 40% shall be reserved as follows: (i) 33.33% shall be available for allocation to domestic Mutual Funds; and (ii) 6.67% for Life Insurance Companies and Pension Funds, subject to valid Bids being received from domestic Mutual Funds, Life Insurance Companies and Pension Funds at or above the price at which Equity Shares are allocated to Anchor Investors (“Anchor Investor Allocation Price”), in accordance with the SEBI ICDR Regulations. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (excluding the Anchor Investor Portion) (the “Net QIB Portion”).
Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs (other than Anchor Investors) including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Offer shall be available for allocation to Non-Institutional Bidders out of which (a) one third of such portion shall be reserved for applicants with application size of more than ₹0.20 million and up to ₹1.00 million; and (b) two third of such portion shall be reserved for applicants with application size of more than ₹1.00 million, provided that the unsubscribed portion in either of such sub-categories may be allocated to applicants in the other sub-category of Non-Institutional Bidders and not less than 35% of the Offer shall be available for allocation to Retail Individual Bidders, in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price.
All Bidders (except Anchor Investors) are required to mandatorily utilise the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective ASBA accounts and UPI ID (in case of UPI Bidders) (as defined hereinafter), in which case the corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks (“SCSBs”) or under the UPI Mechanism, as applicable to participate in the Offer. Anchor Investors are not permitted to participate in the Anchor Investor Portion of the Offer through the ASBA process.
The Equity Shares of the Company are proposed to be listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) (BSE and NSE together, the Stock Exchanges). For the purposes of the Offer, the Designated Stock Exchange shall be NSE.
New Berry Capitals Limited is the sole Book Running Lead Manager (“BRLM”) to the issue.
All capitalised terms not defined herein would have the same meaning as attributed to them in the Red Herring Prospectus August 17, 2026.
