Hy-Tech Engineers IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 184.81 | 206.45 | 322.58 | 236.50 |
| Expense | 154.97 | 175.85 | 261.43 | 186.96 |
| Profit (PAT) | 32.10 | 34.44 | 28.13 | 38.69 |
| Total Assets | 251.58 | 339.25 | 455.49 | 561.34 |
| Company | EPS | P/E | RoNW % | NAV |
|---|---|---|---|---|
| Powerica Limited | 15.26 | 24.45 | 15.37 | 99.76 |
| Cummins India Limited | 72.15 | 64.13 | 26.45 | 272.78 |
| Kirloskar Oil Engines Limited | 33.71 | 43.24 | 15.85 | 212.60 |
| NTPC Green Energy Limited | 0.67 | 129.40 | 2.58 | 21.88 |
| Acme Solar Holdings Limited | 4.55 | 50.74 | 5.59 | 74.54 |
| Adani Green Energy Limited | 8.37 | 101.53 | 11.90 | 76.62 |
Promoters: Hemant Tukaram Mondkar, Surekha Hemant Mondkar and Ashwin Hemant Mondkar
Strengths & Risks
- Heavily oversubscribed — 247.3x overall (so far).
- Strong institutional (QIB) demand — 249.7x.
- Revenue grew 56% in the latest reported year.
- Solid profit margin — 8.7%.
- Strong return on equity — 20%.
Our data checks haven't flagged a specific concern for Hy-Tech Engineers — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Hy-Tech Engineers Limited has been in the hydraulics industry for over 40 years and manufactures and supplies hydraulic fittings for various industries. It offers 11,000 types of products, including DIN-metric, JIC, ORFS, conversion, and customised fittings. Its products are used in construction machinery, automobiles, agricultural machinery, injection moulding machines and hydraulic systems. Hy-Tech Engineers has manufacturing facilities in Thane, Shirwal, Kavathe, and Pithampur, along with a Nashik unit that supplies forged components to these plants. Further, the Nashik unit supplies forged components to these facilities as part of its backward integration strategy.
Hy-Tech Engineers Ltd., Plot No. A-160, Main Road,, Wagle Industrial Estate,, Thane, Maharashtra, 400604
| Purpose | Amount (Cr) |
|---|---|
| Funding capital expenditure requirement of the Company towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and procurement Pithampur Unit-I | 29.97 |
| Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company | 16.00 |
| General Corporate Purposes | - |
Resources & Documents
Hy-Tech Engineers has set a price band of Rs 50–Rs 53 per share for an issue size of Rs 136 crore. The stock listed with a 35.85% gain versus its issue price on September 01, 2026.
Hy-Tech Engineers Limited has been in the hydraulics industry for over 40 years and manufactures and supplies hydraulic fittings for various industries. It offers 11,000 types of products, including DIN-metric, JIC, ORFS, conversion, and customised fittings.
The issue is promoted by Hemant Tukaram Mondkar, Surekha Hemant Mondkar and Ashwin Hemant Mondkar with New Berry Capitals Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding capital expenditure requirement of the Company towards procurement of machinery and equipment for expansion at K… (Rs 30 crore) and Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company (Rs 16 crore).
On fundamentals, the company is posting revenue growth of 56.3%, a profit margin of 8.7%, return on equity of 20.2% in its most recent reported period. Listed peers in this segment include Powerica Limited (P/E 24.45x) and Cummins India Limited (P/E 64.13x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Hy-Tech Engineers IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.
See the full Hy-Tech Engineers GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!