Hy-Tech Engineers

Hy-Tech Engineers (NEW IPO): GMP, Profit, Price & expert review

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Hy-Tech Engineers Limited is an engineering company that designs, manufactures and supplies hydraulic fittings and precision engineering products for industrial applications such as machine tools, construction equipment, automotive, agriculture and other sectors. It operates manufacturing facilities across Maharashtra and Madhya Pradesh and serves a broad base of domestic and international customers.

Hy-Tech Engineers Limited was incorporated on 1978 & currently Mr. Hemant Tukaram Mondkar serves as the Chairman & Managing Director (MD) of the company.

Hy-Tech Engineers Limited serves over 150 direct customers including OEMs and industrial clients, supported by a distributor network domestically and overseas. It exports products to markets such as the USA, Europe, Middle East, South America and Southeast Asia.

Hy-Tech Engineers Limited has filed DRHP with SEBI for a proposed IPO consisting as a Fresh Issue of ₹ 70 Cr & Offer for Sale of 11,933,120 Equity Shares.

Subscription date to apply for Hy-Tech Engineers Limited is yet to be announced. Price band for the IPO is yet to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:₹ 70 Cr + 11,933,120 Equity Shares
Fresh Issue:₹ 70 Cr
Offer for Sale:11,933,120 Equity Shares
Price Range:TBA
Lot Size:TBA
GMPPending

Hy-Tech Engineers Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 101.25 Cr
Revenue:₹ 161.38 Cr
EBITDA₹ 35.78 Cr
EBITDA Margin:~22.18%
PAT₹ 19.62 Cr
PAT Margin~11.77%
Face Value:₹ 05

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Procuring New Plant & Machinery~ ₹ 31.98 Cr
Borrowing Payment~ ₹ 18 Cr
Sales and Marketing~ ₹ 00 Cr
Ultra-Advanced AI Staffing Suite ₹ 00 Cr

Hy-Tech Engineers Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 133.33₹ 137.7₹ 161.38
PAT (₹ Cr)₹ 18.01₹ 11.59₹ 19.62
Asset (₹ Cr)₹ 123.93₹ 146.23₹ 170.64
Net Worth (₹ Cr)₹ 71.3₹ 82.21₹ 101.25

Hy-Tech Engineers IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
18-Apr₹ –₹ –₹ –
17-Apr₹ –₹ –₹ –
16-Apr₹ –₹ –₹ –
15-Apr₹ –₹ –₹ –
14-Apr₹ –₹ –₹ –
Hy-Tech Engineers Limited

Hy-Tech Engineers Limited IPO Pros & Cons

Strengths:

  • Niche leader in hydraulic & instrumentation fittings with over 10,000 SKUs.
  • Strong legacy with 40+ years of operational experience and established customer base.
  • Diversified industry exposure including construction, automotive, railways and defence.
  • Export footprint across multiple international markets supports growth potential.
  • IPO proceeds aimed at capacity expansion and debt reduction could improve margins.

Risks:

  • B2B business model means dependence on OEM demand cycles.
  • No published market share data, making competitive positioning unclear.
  • Heavy reliance on domestic industrial and cyclical sectors may impact revenue.
  • Expansion projects carry execution and cost overrun risks.
  • Raw material price volatility can compress profit margins.

Hy-Tech Engineers Limited
Promoters – Pre offer equity (Approx)

Promoters%Shares
Hemant Tukaram Mondkar~ 64.81 %
Surekha Hemant Mondkar~ 24.83 %
Ashwin Hemant Mondkar~ 8.35 %
–
–
–

Hy-Tech Engineers Limited Promoters – Pre offer equity (Approx)

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of Hy-Tech Engineers Limited

Lead / Book Running Lead ManagersNew Berry Capitals Pvt Ltd
Registrar (RTA)Bigshare Services Pvt Ltd

FAQ’S of Hy-Tech Engineers Limited

  • It designs, manufactures and supplies hydraulic fittings and precision engineering products to industries like construction, automotive, agriculture, railways and defence in India and abroad.

  • Hy-Tech Engineers Limited is raising funds via IPO to fund capacity expansion at multiple units, help repay outstanding borrowings

  • The issue size of the IPO comprises of ₹ 70 Cr fresh issue + OFS ~1.19 Cr equity shares. It will be listed on BSE and NSE platform.

  • Key risks include industrial demand cycles, volatility in raw material costs, execution risks for expansion and B2B dependence on OEM customers.

  • Upsides include niche hydraulic product portfolio, diversified end-markets, export presence, and improved capacity post capex supporting future growth.

  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

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