Hy-Tech Engineers IPO GMP, Subscription & Allotment Status Today
Hy-Tech Engineers is engaged in the manufacturing and supply of hydraulic fittings and related equipment used across various industrial sectors, including construction machinery, farming, automotive, injection moulding machines, hydraulic systems, and railways. The core business involves producing these specialized components primarily from carbon steel and stainless steel. The business operates on a converter model where the majority of sales are made directly to customers against confirmed orders at pre-agreed prices, which helps mitigate commodity price fluctuations. Revenue is generated through direct sales in the domestic market and exports to international regions, particularly the United States. Operations are supported by six manufacturing facilities, with four located in Maharashtra and two in Madhya Pradesh, ensuring production capacity and supply chain efficiency.
- Price Band
- ₹50.00 - ₹53.00
- Lot Size
- 283 Shares
- Bidding Closes
- 27 Aug 2026
- Listing Date
- 01 Sept 2026
Complete IPO information
| Current GMP | ₹35 |
|---|---|
| Estimated Listing Gain | +0.00% |
| Price Band | ₹50.00 - ₹53.00 |
| Issue Price | Approx ₹135.73 Crores |
| Listing Price | ₹53.00 |
| Lot Size | 283 Shares |
| Issue Type | Mainboard |
| Registrar | TBA |
| Exchange | BSE, NSE |
| Retail Quota | TBA |
| Overall Subscription | 244.41x |
| Listing Date | 01 Sept 2026 |
| Minimum Investment | ₹14,999 |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 50.01 | 12790.02 | 255.77x |
| NII | 39.43 | 15863.94 | 402.29x |
| Retail | 92.01 | 15695.74 | 170.58x |
| Overall Subscription | 181.45 | 44349.70 | 244.41x |
Compare Hy-Tech Engineers IPO with similar IPOs
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Hy-Tech Engineers is priced at ₹53 per share. With a minimum lot size of 283 shares, a retail investor applying for one lot would need approximately ₹14,999 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Hy-Tech Engineers stands at ₹35, implying an estimated listing gain of around 66.04% over the issue price if it holds until listing. This is down ₹5 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Hy-Tech Engineers's IPO was subscribed 244.41x overall, with a category-wise breakdown of Retail 170.58x, QIB 255.77x, NII 402.29x.
Among the strengths highlighted in Hy-Tech Engineers's IPO documents: Experienced leadership with deep market understanding and credibility.; Established global presence with access to growing international markets..
Investors should also weigh the risk factors Hy-Tech Engineers has disclosed, including: Dependence on a few key customers for a significant portion of revenue..
A share of Hy-Tech Engineers's issue proceeds is earmarked for Repayment Of Borrowings: 16 (26.67%).
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
IPO roadmap at a glance
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 01 Sept 2026 | ₹35.00 | -₹5.00 | 66.04% |
| 31 Aug 2026 | ₹40.00 | -₹4.00 | 75.47% |
| 27 Aug 2026 | ₹44.00 | +₹14.00 | 83.02% |
| 26 Aug 2026 | ₹30.00 | - | 56.60% |
| 25 Aug 2026 | ₹30.00 | +₹5.00 | 56.60% |
| 24 Aug 2026 | ₹25.00 | +₹3.00 | 47.17% |
| 21 Aug 2026 | ₹22.00 | +₹17.00 | 41.51% |
| 20 Aug 2026 | ₹5.00 | - | 9.43% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 283 | ₹14,999 |
| Retail Maximum | 13 Lot | 3,679 | ₹1,94,987 |
| S-HNI Minimum | 14 Lot | 3,962 | ₹2,09,986 |
| S-HNI Maximum | 66 Lot | 18,678 | ₹9,89,934 |
| B-HNI Minimum | 67 Lot | 18,961 | ₹10,04,933 |
Objects of the Issue & Official Documents
- Repayment Of Borrowings 16 (26.67%)
- General Corporate Purpose 14.03 (23.38%)
Important takeaways before applying
Strengths
- Experienced leadership with deep market understanding and credibility.
- Established global presence with access to growing international markets.
- Long-standing relationships with a high rate of repeat customer orders.
- Comprehensive product portfolio with over 11,000 SKUs.
- Backward integration through in-house forging capabilities enhances supply chain control.
Risks
- Dependence on a few key customers for a significant portion of revenue.
- Exposure to cyclicality in end-use sectors like automotive and construction.
- Volatility in the prices of raw materials, primarily steel.
- High competition from a largely unorganized and fragmented industry.
- Potential conflicts of interest with a Promoter Group entity in a similar business.
Hy-Tech Engineers IPO Details
The Hy-Tech Engineers IPO is a mainboard book-built issue with a total issue size of approximately ₹135.73 crores. The public offer comprises a fresh issue of approximately ₹60 crores along with an Offer for Sale (OFS) of approximately 1,42,89,450 equity shares.
The IPO is scheduled to open for subscription on August 24, 2026 and close on August 27, 2026. The company has fixed the price band at ₹50 to ₹53 per equity share, while the face value is ₹5 per equity share. The shares are proposed to be listed on both BSE and NSE.
Hy-Tech Engineers Limited is engaged in engineering and manufacturing solutions, with a product portfolio that includes hydraulic fittings and related precision-engineered products. The company serves customers in India as well as international markets.
| Particular | Details |
|---|---|
| IPO Open Date | August 24, 2026 |
| IPO Close Date | August 27, 2026 |
| Face Value | ₹5 Per Equity Share |
| IPO Price Band | ₹50 to ₹53 Per Share |
| Issue Size | Approx ₹135.73 Crores |
| Fresh Issue | Approx ₹60 Crores |
| Offer for Sale | Approx 1,42,89,450 Equity Shares |
| Issue Type | Book-build Issue |
| IPO Listing | BSE, NSE |
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