Hy-Tech Engineers
Demand
Red-hot
subscribed 51.76x overall
Grey market
+66.0%
implied listing pop
History says
+82.4%
median at this premium · middle half +65% to +96% · n=16
Latest GMP
₹35
grey-market premium
Implied pop
+66.0%
GMP over issue price
History says
+82.4%
median actual listing at this GMP (n=16)
Range of outcomes
middle half of 16 listings at this GMP
GMP trend
14 street quotes since 08/31
Final Subscription
Subscribed 51.76xoverall · last updated 2026-08-27 00:45 UTC
| Category | Shares reserved | 25-08 | 26-08 | 27-08 | |||
|---|---|---|---|---|---|---|---|
| Shares bid | Times | Shares bid | Times | Shares bid | Times | ||
| QIB | 12,805,102 | 7,426,959 | 0.58× | 9,603,826 | 0.75× | 10,628,235 | 0.83× |
| ∟QIB (Ex Anchor) | 5,122,042 | – | – | – | – | – | – |
| NII | 3,841,531 | 79,020,293 | 20.57× | 282,429,359 | 73.52× | 324,878,277 | 84.57× |
| ∟bNII (> ₹10L) | 2,561,020 | – | – | – | – | – | – |
| ∟sNII (< ₹10L) | 1,280,510 | – | – | – | – | – | – |
| Retail | 8,963,571 | 222,744,739 | 24.85× | 535,573,367 | 59.75× | 598,766,543 | 66.80× |
| Total | 25,610,204 | 435,373,468 | 17.00× | 1,173,971,751 | 45.84× | 1,325,584,159 | 51.76× |
Allotment odds (1 lot lottery once oversubscribed) — Retail: ≈ 1 in 67 applicants
Allotment Probability
Retail · subscribed 66.80x
1%
HNI / NII · subscribed 84.57x
1%
Chance of winning at least one lot per application, from the shares reserved for the category vs current demand. QIB allots pro-rata, not by lottery. Demand can spike on the final day.
📋Issue Details
| Offer Type | Bookbuilding IPO |
| Sale Type | Fresh capital cum OFS |
| Listing At | BSE, NSE |
| Face Value | ₹ 5 per share |
| Price Band | ₹50 to ₹53 |
| Lot Size | 283 shares |
| Total Issue Size | 2,56,10,204 shares (agg. up to ₹ 136 Cr) |
| Fresh Issue | 1,13,20,754 shares (agg. up to ₹ 60 Cr) |
| Offer for Sale | 1,42,89,450 shares of ₹ 5 (agg. up to ₹ 76 Cr) |
🗓️IPO Schedule
Open
Mon, Aug 24, 2026
Close
Thu, Aug 27, 2026
Allotment
Fri, Aug 28, 2026
Refunds
Mon, Aug 31, 2026
Demat credit
Mon, Aug 31, 2026
Listing
Tue, Sep 1, 2026
🏛️Pre & Post Issue Capital
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 97.99% | 71.23% |
| Public | 2.01% | 28.77% |
| Total | 100% | 100% |
💰Valuation & Market Cap
| EPS(₹) (pre → post) | 2.70 → 2.38 |
| P/E (x) (pre → post) | 19.63 → 22.27 |
| Market Cap at Offer Price | ₹502.72 Cr |
📊Company Financials ₹ crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 175.71 | 170.65 | 146.24 |
| Total Income | 193.44 | 166.71 | 141.17 |
| Profit After Tax | 22.59 | 19.62 | 11.60 |
| EBITDA | 41.69 | 35.79 | 22.55 |
| NET Worth | 122.02 | 101.25 | 82.22 |
| Reserves and Surplus | 80.25 | 59.48 | 81.84 |
| Total Borrowing | 29.76 | 43.53 | 40.84 |
🎯Key Performance Indicators
| ROE | 20.24% |
| ROCE | 24.40% |
| RoNW | 20.24% |
| PAT Margin | 11.68% |
| EBITDA Margin | 22.01% |
| NAV | 14.61 |
| Price to Book Value | 3.63 |
🤝Recently Listed PeersIron & Steel Products
| Company | Issue price | P/E | Listing-day close |
|---|---|---|---|
| Behari Lal Engineering Ltd. | ₹285 | 17.21 | ₹502.20 |
| Rajputana Stainless Ltd. | ₹122 | 21.1 | ₹113.03 |
| VMS TMT Ltd. | ₹99 | 22.24 | ₹99.65 |
| Anubhav Plast Ltd. | ₹80 | 10.67 | ₹76.00 |
| Kasturi Metal Composite Ltd. | ₹64 | 23.59 | ₹63.16 |
| Shri Kanha Stainless Ltd. | ₹90 | 16.23 | ₹83.60 |
| Mittal Sections Ltd. | ₹143 | 31.15 | ₹108.70 |
| M P K Steels (I) Ltd. | ₹79 | 9.04 | ₹83.50 |
Lot Size — what an application costs
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 283 | ₹14,999 |
| Retail (Max) | 13 | 3,679 | ₹1,94,987 |
| S-HNI (Min) | 14 | 3,962 | ₹2,09,986 |
| S-HNI (Max) | 66 | 18,678 | ₹9,89,934 |
| B-HNI (Min) | 67 | 18,961 | ₹10,04,933 |
Issue Reservation
| Category | Shares | % of issue | Max allottees |
|---|---|---|---|
| QIB | 1,28,05,102 | 50.00% | NA |
| − Anchor Investor | 76,83,060 | 30.00% | NA |
| − QIB (Ex. Anchor) | 51,22,042 | 20.00% | NA |
| NII (HNI) | 38,41,531 | 15.00% | NA |
| − bNII > ₹10L | 25,61,020 | 10.00% | 646 |
| − sNII < ₹10L | 12,80,510 | 5.00% | 323 |
| Retail | 89,63,571 | 35.00% | 31,673 |
| Total | 2,56,10,204 | 100.00% | – |
GMP trend
| Date | GMP ₹ | Implied |
|---|---|---|
| 2026-09-02 | 35 | +66.0% |
| 2026-09-02 | 35 | +66.0% |
| 2026-09-01 | 35 | +66.0% |
| 2026-09-01 | 35 | +66.0% |
| 2026-09-01 | 35 | +66.0% |
| 2026-09-01 | 35 | +66.0% |
| 2026-09-01 | 35 | +66.0% |
| 2026-09-01 | 40 | +75.5% |
| 2026-08-31 | 40 | +75.5% |
| 2026-08-31 | 40 | +75.5% |
| 2026-08-31 | 40 | +75.5% |
| 2026-08-31 | 40 | +75.5% |
| 2026-08-31 | 40 | +75.5% |
| 2026-08-31 | 40 | +75.5% |
🏢About Hy-Tech Engineers
Hy-Tech Engineers IPO is a book build issue of ₹135.73 crores. The issue is a combination of fresh issue of 1.13 crore shares aggregating to ₹60.00 crores and offer for sale of 1.43 crore shares aggregating to ₹75.73 crores.
Hy-Tech Engineers IPO bidding opened for subscription on Aug 24, 2026 and will close on Aug 27, 2026. The allotment for the Hy-Tech Engineers IPO is expected to be finalized on Aug 28, 2026. Hy-Tech Engineers IPO will list on NSE and BSE with a tentative listing date fixed as Sep 1, 2026.
Hy-Tech Engineers IPO is set final issue price at ₹53 per share. The lot size for an application is 283 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,999 (283 shares) (based on upper price).
New Berry Capitals Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
🎯Objects of the Issue
| Object | ₹ Cr |
|---|---|
| Funding capital expenditure requirement of the Company towards procurement of machinery an | 29.97 |
| Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by | 16.00 |
| General Corporate Purposes | – |
👥Selling Shareholders
| Name | Category | Shares offered |
|---|---|---|
| Hemant Tukaram Mondkar | Promoter | 89,80,961 |
| Surekha Hemant Mondkar jointly with | Promoter | 53,08,489 |
| Total | 1,42,89,450 |
💼Lead Managers
- • New Berry Capitals Pvt.Ltd.
🗳️Registrar
- • Bigshare Services Pvt.Ltd.
- allotment status is checked on the registrar's portal
🏢Registered Office
📍 Plot No. A-160, Main Road,, Wagle Industrial Estate,, Thane, Maharashtra, 400604
📞 +91 22 4097 1916
✉️ hytechcs@hy-techengineers.com
Grey-market numbers are unofficial street quotes, aggregated across sources. Not investment advice.