Hy-Tech Engineers IPO

Hy-Tech Engineers Limited is closed and awaiting listing, offered in a price band of ₹50 to ₹53 per share, in lots of 283 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹50 – ₹53

Lot size

283 shares

Minimum investment

₹14,999

Issue size

₹139.33 Cr

Fresh issue

₹60 Cr

Offer for sale

₹75.73 Cr

Opens

24 Aug 2026

Closes

27 Aug 2026

Listing date

1 Sept 2026

Registrar

Bigshare Services Private Limited

Symbol

HTEL

One lot of 283 shares at the upper band price of ₹53 is ₹14,999 — the smallest retail application this issue accepts.

Lead managers: New Berry Capitals Private Limited.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 27 Aug 2026, 07:05 pm IST.

Grey market premium (GMP)

Latest reported GMP

₹44

Implied over upper band

83.00%

As of

27 Aug 2026, 07:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company has over four decades of experience in manufacturing hydraulic fittings and fluid conveyance solutions, with a product portfolio of over 11,000 SKUs.
• The company manufactures hydraulic fittings in-house, encompassing die-designing, forging, heat treatment, machining, plating and inspection and testing.
• The company's backward integration at its Nashik Unit for forging components strengthens its control over the supply chain and enhances manufacturing efficiency.
• The company has a diversified customer base and a distributor network, providing access to both direct customers and industrial users across domestic and overseas markets.
• The company has a global presence with access to growing international markets, exporting hydraulic fittings to eleven countries.
• The company's customer-oriented engagement model contributes to long-term relationships and repeat business, fostering trust and reliability.
• The company's agile and flexible manufacturing capabilities enable it to cater to low-volume, high-mix production requirements.

Risk factors disclosed in the offer document

• The company is dependent on a few customers for a major portion of its revenues, and any failure to continue existing arrangements could adversely affect its business.
• The company derives a significant portion of revenue from exports, and fluctuations in exchange rates or adverse developments in key markets could adversely affect its business.
• The company has experienced negative year-on-year growth in its profit after tax in Fiscal 2024 and may be unable to sustain growth and expanded operations in the future.
• The company is dependent on its suppliers for raw materials, and any shortages, delays, or disruptions in supply could have a material adverse effect on its business.
• The company's business is significantly dependent on the efficient and uninterrupted operation of its technology infrastructure and systems.
• The company may be unable to obtain, renew or maintain statutory and regulatory permits, licenses and approvals required to operate its business, which could have an adverse effect on its business.
• The company is subject to strict quality requirements, and any failure to comply with quality standards may lead to cancellation of existing and future orders, negatively impacting its business.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (Bigshare Services Private Limited) after the issue closes. Track the whole calendar in the IPO Centre.

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