Hy-Tech Engineers came to market through an IPO that opened on 24 August 2026 and closed on 27 August 2026, and the shares listed on 1 September 2026 on BSE, NSE. The price band was ₹50 to ₹53 per share and one lot was 283 shares, so the minimum application was ₹14,999. The issue size was ₹135.73 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
It listed at ₹75, a gain of 41.5% against the issue price of ₹53. Bigshare Services Pvt.Ltd was the registrar to the issue, and New Berry Capitals Pvt.Ltd was the lead manager.
As of 27 August 2026.
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Overall the issue was subscribed 247.39 times.
Hy-Tech Engineers Ltd. is a company that was incorporated in 1978 and manufactures hydraulic fittings such as DIN – Metric fittings, conversion adaptors, JIC fittings, O-Ring face-seal fittings, mesh fittings, and soft-seal fittings. The company has four highly advanced manufacturing plants situated at Thane, Pune (Shirwal), Nashik, and Pithampur.The company has a wide range of products that includes over 3,500 items and over 10,000 types of fittings.
The company operates under the business to business (B2B) model in domestic as well as foreign markets. Its sales strategy consists of interacting with OEMs and other industries as well as distributing via a channel of its approved distribution partners.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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Hy-Tech Engineers Limited finalised its anchor investor allocation on August 21, 2026, raising ₹40.72 crore from 8 anchor investors at an anchor price of ₹53 per share. The anchor book comprises 76,83,060 equity shares, with domestic mutual funds receiving 31.24% of the allocation through 1 fund house across 4 schemes — Whiteoak Capital Multicap Fund, Whiteoak Capital Balanced Advantage Fund, Whiteoak Capital Aggressive Hybrid Fund, and Whiteoak Capital Equity Savings Fund.
The remaining allocation went to a mix of domestic institutional investors, led by Winro Commercial (India) Limited at 29.47%, followed by Ashika Global Finance Pvt. Ltd. at 14.74%, Varanium Dynamic Trust – Varanium Emerging Fund at 12.28%, and Whiteoak Capital Equity Fund at 12.28%.
Hemant Tukaram Mondkar, Surekha Hemant Mondkar, Ashwin Hemant Mondkar. Promoter holding 97.99% before the issue and 71.23% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Hy-Tech Engineers IPO was a ₹135.73 crore book-built issue, comprising a fresh issue of ₹60 crore and an offer for sale of ₹75.73 crore. It was priced at ₹50–₹53 per share with a lot size of 283 shares (₹14,999). The IPO was open from August 24 to August 27, 2026 and was subscribed 247.39x. Shares listed on BSE and NSE on September 1, 2026 at ₹75, a 41.5% premium to the issue price of ₹53. Bigshare Services Pvt. Ltd.
is the registrar. New Berry Capitals Pvt. Ltd. is the book running lead manager.
The price band of Hy-Tech Engineers IPO is ₹50 to ₹53 per share.
The lot size of Hy-Tech Engineers IPO is 283 shares.
The minimum investment for Hy-Tech Engineers IPO is approximately ₹14,999 based on the upper price band.
The allotment date of Hy-Tech Engineers IPO is Aug 28, 2026.
No GMP quote could be verified as recorded before Hy-Tech Engineers IPO listed. A grey-market observation of ₹34 per share was recorded on 1 Sep 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹75. GMP is unofficial and does not forecast or guarantee the actual listing price.
Hy-Tech Engineers IPO listed on Sep 1, 2026. It was issued at ₹75.0(NSE) and is currently around ₹76.00 as on 2-Nov-2026 3:30 PM, which is approximately 43.4% versus issue price. The 52-week high is ₹103.72.
You can check Hy-Tech Engineers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Hy-Tech Engineers IPO allotment status on Rupix for quick and easy access.
₹50 to ₹53 per share, against a face value of ₹5. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 283 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,999.
₹14,999, for one lot of 283 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 24 August 2026 and closed on 27 August 2026.
The basis of allotment was published on 28 August 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 1 September 2026 on BSE, NSE, opening at ₹75.
The issue size was ₹135.73 crore. The fresh issue was 1,13,20,754 shares (aggregating up to ₹60 crore). The offer for sale was 1,42,89,450 shares (aggregating up to ₹75.73 crore).
It listed at ₹75 against an issue price of ₹53, a gain of 41.5 percent on listing day.