Hy-Tech Engineers Limited IPO to Open August 24

Mumbai: 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 company said.

As per the company, 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 a Fresh Issue of equity shares aggregating up to ₹600 million (Rs 60 crore) 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, the press release said.

As per the release, 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’s portfolio consisted of more than 11,000 stock keeping units (SKUs) of hydraulic fittings. Hy-Tech has an international presence, which extends to markets such as the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, Thailand and Germany.

As of March 31, 2026, the company reported 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.