Hy-Tech Engineers' initial public offering (IPO) is set to open for subscription on August 24, 2026. According to the Red Herring Prospectus (RHP), the ₹135.73 crore book-built issue comprises a fresh issue of up to ₹60.00 crore and an offer for sale (OFS) of up to ₹75.73 crore by its existing shareholders.

The IPO will remain open until August 27, 2026, while the anchor investor portion will open for subscription on August 21, 2026. The basis of allotment is expected to be finalised on August 28, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on September 1, 2026.

Hy-Tech Engineers IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹135.73 crore
Fresh Issue: Up to ₹60.00 crore
Offer for Sale (OFS): Up to ₹75.73 crore
Face Value: ₹5 per equity share
Price Band: ₹50 to ₹53 per share
Lot Size: 283 shares
Minimum Investment Amount (Retail Investor): ₹14,999 (283 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: New Berry Capitals Private Limited
Registrar: Bigshare Services Private Limited

Hy-Tech Engineers IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	24 August 2026
Subscription Closing Date	27 August 2026
Basis of Allotment Date	28 August 2026
Refund Initiation Date	31 August 2026
Credit of Shares	31 August 2026
Listing on BSE and NSE	1 September 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Hy-Tech Engineers IPO Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹53 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	283	₹14,999
Retail (Maximum)	13	3,679	₹1,94,987
sNII (Minimum)	14	3,962	₹2,09,986
bNII (Minimum)	67	18,961	₹10,04,933

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding the capital expenditure requirements towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and Pithampur Unit-I
Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company
General corporate purposes.

About Hy-Tech Engineers Limited

Established in 1982, Hytech 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 wide range of standard and customised hydraulic fittings, including DIN-metric, JIC, ORFS, and conversion fittings. As of March 31, 2026, its portfolio comprised more than 11,000 SKUs, catering to industries such as construction equipment, automotive, agricultural machinery, injection moulding, railways, defence, and hydraulic systems.

The company operates a B2B business model across domestic and international markets through direct sales to OEMs and industrial customers, complemented by an extensive distributor network. In Fiscal 2026, Hytech Engineers supplied products to 170 direct customers and had an international presence across markets including the US, Germany, Italy, Belgium, Brazil, Poland, the UAE, Saudi Arabia, and Thailand.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	189.40	161.38	137.71
EBITDA	41.69	35.79	22.55
Profit After Tax (PAT)	22.59	19.62	11.60