Hy-Tech Engineers IPO: Price Band, Dates, Issue Size
Hy-Tech Engineers IPO will open for subscription on August 24, 2026, with a price band of ₹50 to ₹53 per equity share. The mainboard IPO is scheduled to remain open until August 27, with shares proposed to be listed on the BSE and NSE.
The company is looking to raise around ₹131.45 crore through the public issue, according to Axis Direct’s IPO calendar. The minimum bid lot is 283 shares, which means a retail investor applying for one lot at the upper price band would need ₹14,999.
Hy-Tech Engineers IPO Details at a Glance
| Particulars | Details |
|---|---|
| IPO opening date | August 24, 2026 |
| IPO closing date | August 27, 2026 |
| Price band | ₹50 to ₹53 per share |
| Face value | ₹5 per share |
| Lot size | 283 shares |
| Minimum retail investment | ₹14,999 at upper price band |
| Issue size | Around ₹131.45 crore |
| Issue type | Book-built issue |
| Allotment date | Expected August 28, 2026 |
| Expected listing date | September 1, 2026 |
| Listing exchanges | BSE and NSE |
| Registrar | Bigshare Services Pvt. Ltd. |
The opening and closing dates, price band and lot size are also reflected in current IPO calendars from Sharekhan and Tipsons.
What Is the Hy-Tech Engineers IPO Price Band?
The Hy-Tech Engineers IPO price band is ₹50 to ₹53 per equity share.
Since this is a book-built issue, investors can submit bids within the specified price range. Retail investors can also choose the cut-off price while applying.
Each equity share has a face value of ₹5. The company’s earlier draft offer document had left the final price band to be determined closer to the issue.
What Is the Hy-Tech Engineers IPO Lot Size?
The minimum bid size for the Hy-Tech Engineers IPO is 283 shares, and applications can be made in multiples of 283 shares thereafter.
For a retail investor, the investment required for one lot works out as follows:
| Bid price | Shares | Investment |
| ₹50 | 283 | ₹14,150 |
| ₹53 | 283 | ₹14,999 |
Investors should check the applicable retail investment limits and their available funds before submitting an IPO application.
What Is the Hy-Tech Engineers IPO Issue Size?
Axis Direct currently lists the Hy-Tech Engineers IPO issue size at approximately ₹131.45 crore.
The offer includes a fresh issue as well as an offer for sale (OFS). Recent reporting indicates that the fresh issue is worth ₹60 crore, while the OFS comprises shares being sold by existing shareholders.
The distinction matters because proceeds from newly issued shares go to the company, while money raised through an OFS goes to the selling shareholders.
What Are the Important Hy-Tech Engineers IPO Dates?
The IPO is scheduled to open on Monday, August 24, 2026, and close on Thursday, August 27, 2026.
The tentative IPO timeline is:
- IPO opens: August 24, 2026
- IPO closes: August 27, 2026
- Expected allotment: August 28, 2026
- Expected listing: September 1, 2026
The allotment and listing dates are based on the currently reported schedule and may change if the final timetable is revised.
About Hy-Tech Engineers
Hy-Tech Engineers Limited is an engineering and manufacturing company incorporated in 1978. The company operates in the precision engineering space and manufactures products used across industrial applications.
Its product portfolio includes more than 3,500 products and over 10,000 fitting variants, according to recent reporting. The company operates manufacturing facilities serving its engineering product business.
Hy-Tech Engineers’ promoters include Hemant Tukaram Mondkar, Surekha Hemant Mondkar and Ashwin Hemant Mondkar, according to the draft offer document filed with SEBI.
How Will Hy-Tech Engineers Use the IPO Proceeds?
The company’s offer documents identify expansion, debt repayment and general corporate requirements among the proposed uses of fresh issue proceeds.
Capital expenditure
Part of the proceeds is intended to fund the procurement of machinery and equipment for expansion at the company’s Kavathe and Shirwal units, along with procurement requirements at Pithampur Unit-I.
Repayment of borrowings
The company also plans to use a portion of the proceeds to prepay or repay certain outstanding borrowings.
Reducing debt can lower financing costs, although investors should assess the company’s post-IPO leverage and cash requirements rather than looking at debt repayment in isolation.
General corporate purposes
The remaining eligible proceeds may be used for general corporate purposes, subject to the limits and conditions specified in the final offer documents.
Who Is Selling Shares in the Hy-Tech Engineers IPO?
The draft red herring prospectus filed with SEBI identified promoter shareholders Hemant Tukaram Mondkar and Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar as selling shareholders.
The earlier draft proposed an OFS of up to 11,933,120 shares. Investors should rely on the final offer documents for the definitive OFS structure because IPO terms can change between the draft filing and launch.
Is Hy-Tech Engineers IPO a Mainboard IPO?
Yes. Hy-Tech Engineers is a mainboard IPO and the shares are proposed to be listed on the BSE and NSE. Current IPO calendars classify the issue as a mainboard offering.
This is different from an SME IPO, which follows separate listing and trading requirements.
How to Apply for Hy-Tech Engineers IPO
Eligible investors can generally apply through ASBA using internet banking or through a broker-supported UPI IPO application.
A typical UPI application involves selecting the Hy-Tech Engineers IPO, entering the number of lots, choosing a bid price or cut-off price, submitting a valid UPI ID, and approving the fund-blocking mandate.
For one lot at the upper price band, an investor would need ₹14,999 available for blocking.
An IPO application does not guarantee allotment. If the issue is oversubscribed, allotment will be made according to applicable SEBI rules.
What Should Investors Check Before Applying?
The low absolute share price should not by itself determine whether the IPO is attractive. A ₹53 stock is not automatically cheaper than a ₹500 stock because valuation depends on earnings, equity base, growth and other financial measures.
Before applying, investors should consider:
- Revenue and profit growth
- Operating and net profit margins
- Return on equity and return on capital employed
- Debt levels before and after the IPO
- Cash flow from operations
- Customer and industry concentration
- Valuation compared with listed peers
- Promoter shareholding after the issue
- Key risks disclosed in the offer document
- How effectively fresh issue proceeds are expected to be deployed
The SEBI-filed offer document should be the primary reference for understanding the company’s business, financials and risk factors.
Hy-Tech Engineers IPO FAQs
Q. When will the Hy-Tech Engineers IPO open?
The Hy-Tech Engineers IPO is scheduled to open on August 24, 2026, and close on August 27, 2026.
Q. What is the Hy-Tech Engineers IPO price band?
The price band has been fixed at ₹50 to ₹53 per equity share.
Q. What is the Hy-Tech Engineers IPO lot size?
The minimum lot size is 283 shares. Investors can bid for additional shares in multiples of 283.
Q. What is the minimum investment in Hy-Tech Engineers IPO?
At the upper price of ₹53, one lot of 283 shares requires an investment of ₹14,999.
Q. What is the Hy-Tech Engineers IPO issue size?
Axis Direct lists the issue size at approximately ₹131.45 crore.
Q. When is the Hy-Tech Engineers IPO allotment date?
The allotment is currently expected to be finalised on August 28, 2026, subject to the final IPO schedule.
Q. When will Hy-Tech Engineers shares list?
Hy-Tech Engineers shares are currently expected to list on the BSE and NSE on September 1, 2026.
Q. Who is the registrar for the Hy-Tech Engineers IPO?
Bigshare Services Pvt. Ltd. is listed as the registrar for the IPO.
Q. Is Hy-Tech Engineers IPO worth applying for?
That depends on the company’s final valuation, financial performance, risks and the investor’s own objectives. Investors should review the final offer documents and avoid making a decision based only on the IPO price, subscription figures or grey market premium.
Key Takeaways
- Hy-Tech Engineers IPO opens on August 24, 2026 and closes on August 27.
- The IPO price band is ₹50 to ₹53 per share.
- The minimum lot size is 283 shares.
- One lot costs ₹14,999 at the upper end of the price band.
- Axis Direct lists the issue size at approximately ₹131.45 crore.
- The IPO is a mainboard issue proposed for listing on the BSE and NSE.
- The current schedule indicates allotment on August 28 and listing on September 1, 2026.
- Investors should evaluate the company’s valuation, financials, debt, growth prospects and offer-document risks before applying.
Disclaimer
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