Hy-Tech Engineers IPO

About the Company:

Hy-Tech Engineers is a manufacturer of hydraulic fittings and related equipment used across various industries.

The company serves sectors such as automotive, construction machinery, agriculture, industrial equipment, hydraulic systems and railways.

Its product portfolio includes over 11,000 SKUs, with manufacturing supported by six facilities. The company also has backward integration through in-house forging capabilities and exports products to international markets. IPO Objectives:

• Funding capital expenditure for expansion

• Repayment or prepayment of borrowings

• General corporate purposes

Hy-Tech Engineers IPO: Key Details

• IPO Date: 24–27 Aug 2026

• Price Band: ₹50–₹53 per share

• Lot Size: 283 shares

• IPO Size: ₹135.73 Cr

• Fresh Issue: ₹60 Cr

• OFS: ₹75.73 Cr

• GMP: +60%
  

Financial Highlights:

• FY24: Revenue ₹138 Cr | Profit ₹11.6 Cr | Debt ₹40.84 Cr

• FY25: Revenue ₹161 Cr | Profit ₹19.62 Cr | Debt ₹43.53 Cr

• FY26: Revenue ₹189 Cr | Profit ₹22.59 Cr | Debt ₹29.76 Cr

The company has reported steady growth in revenue and profitability, while debt reduced significantly in FY26.

Valuation Highlights:

At the upper price band of ₹53 per share:

1. Market Capitalisation: ₹502 Cr

2. P/E Ratio: 22.25x | Sector P/E: 27.89x

3. P/B Ratio: 4.12x | Sector P/B: 3.02x
   

Allotment Link

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