
Industrials · NSE / BSE
Founded in 1978, Hy-Tech Engineers Ltd. is a manufacturer of hydraulic fittings used in various industrial applications, offering products such as DIN metric fittings, JIC fittings, O-ring face seal fittings, conversion adaptors, and other specialized fittings. The company operates four modern manufacturing facilities located in Thane, Pune (Shirwal), Nashik, and Pithampur, and has a wide product range with over 3,500 items and more than 10,000 fitting variants. It follows a B2B business model, serving both domestic and international markets through direct sales to OEMs and industrial clients, as well as through authorized distributors. As of March 31, 2025, the company had 425 permanent employees along with around 260 contract workers.
Price Band
₹50 – ₹53
Issue Size
₹2561.02 L Cr
Lot Size
283 shares
GMP
+73.6%
Est. Listing
₹92
at current GMP
Subscribed
247.39x
overall
Open
24 Aug 2026
Close
27 Aug 2026
Allotment
28 Aug 2026
Refund
29 Aug 2026
Demat Credit
30 Aug 2026
Listing
1 Sep 2026
Overall Subscription
247.39x
Total Demand
QIB Multiplier
249.71x
Institutions & Funds
NII / HNI
412.96x
High Net-Worth
Retail (RII)
175.11x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,122,042 | 1,279,002,086 | 249.71x |
| NIB | 3,841,531 | 1,586,394,988 | 412.96x |
| HNIs(10L +) | 2,561,020 | 873,818,534 | 341.20x |
| HNIs (2-10L) | 1,280,510 | 712,576,454 | 556.48x |
| RETAIL | 8,963,571 | 1,569,574,317 | 175.11x |
| Total | 21,768,674 | 6,021,366,379 | 247.39x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 31,673 | 4,440,856 | 140.21x |
| HNIs(10L +) | 646 | 44,708 | 69.21x |
| HNIs (2-10L) | 323 | 170,477 | 527.79x |
| Total Applications | 32,642 | 4,656,041 | 142.64x |
Hy-Tech Engineers Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹2,56,10,204 Crores. The shares are offered at a price band of ₹50 to ₹53 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 283 shares (approx. ₹14,999 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-30, while un-allotted funds or UPI block mandates will be released on 2026-08-29.
The Hy-Tech Engineers Limited IPO aggregate issue size is ₹2,56,10,204 Crores with an equity price band set at ₹50 to ₹53 per equity share. The retail lot size is 283 shares requiring a minimum capital outlay of approx. ₹14,999.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-08-28.