Hy-Tech Engineers IPO Opens: Rs 135.73 Cr Target, Rs 25 GMP
Hy-Tech Engineers IPO launch with financial data and growth chart.
Key Highlights
Hy-Tech Engineers IPO launched Aug 24, aiming for Rs 135.73 Cr. With a Rs 25 GMP, expect a potential 47.17% listing premium. Details inside!
Hy-Tech Engineers Ltd. launched its on August 24, 2026, aiming to raise Rs 135.73 crore. The issue opened with a (GMP) of Rs 25, hinting at a potential 47.17% listing premium.
IPO Structure & Investment
The book-built offering comprises both fresh shares and an Offer For Sale ().
- : 1.13 crore shares, valued at Rs 60 crore.
- Offer For Sale (OFS): 1.43 crore shares, amounting to Rs 75.73 crore.
The price band for the IPO is set between Rs 50 and Rs 53 per share, with a lot size of 283 shares. investors face a minimum investment of Rs 14,999 at the upper price band.
Market Activity & Key Dates
The Grey Market Premium (GMP) for Hy-Tech Engineers IPO shares stood at Rs 25 as of 9:00 a.m. on August 24. This suggests an estimated listing price of Rs 78 per share, a 47.17% premium over the upper issue price.
On its opening day, the IPO saw a subscription of 0.54 times by 10:20 a.m. The subscription window is scheduled to close on August 27.
- Allotment Finalization: August 28.
- Listing on and : September 1.
Company Performance &
Hy-Tech Engineers Ltd. reported growth between FY25 and FY26.
- increased by 16%.
- (PAT) rose by 15%.
For FY26, the company posted a total income of Rs 193.44 crore, with a PAT of Rs 22.59 crore and of Rs 41.69 crore. Proceeds from the IPO are earmarked for capital expenditure, debt repayment, and general corporate needs.
Established in December 1978, Hy-Tech Engineers specializes in hydraulic fittings, offering over 11,000 SKUs to various OEMs and industrial clients.