BSE List Price : ₹72.00

NSE List Price : ₹75.00

subscription

Category	Times
QIBs	249.71x
HNIs	412.96x
Retail	175.1x
Total : 247.39x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	283	₹14,999
Retail Maximum	13	3,679	₹194,987
S-HNI Minimum	14	3,962	₹209,986
S-HNI Maximum	66	18,678	₹989,934
B-HNI Minimum	67	18,961	₹1,004,933

About the Company

Established Hydraulic Fittings Manufacturer: Founded in 1978 as Hy-Tech Engineers Private Limited, the Company was converted into a public limited company in 2022. With over four decades of industry experience, it designs, manufactures and supplies hydraulic fittings for a wide range of industrial applications. Its product portfolio comprises 10,000+ SKUs, including DIN-metric, JIC, ORFS, conversion and customized fittings.

Wide Range of Industrial Applications: The Company’s products cater to various sectors such as construction equipment, automotive, agricultural machinery, injection moulding machines and hydraulic systems. Relevant certifications further support its ability to serve specialized sectors, including railways and defence.

Extensive Manufacturing Infrastructure: The Company operates six manufacturing facilities, with four located in Maharashtra at Thane, Shirwal, Kavathe and Nashik, and two in Madhya Pradesh. The Nashik plant is focused on forging operations for captive consumption, while the other facilities are primarily engaged in manufacturing hydraulic fittings.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹141.17	₹125.37	₹11.60	₹146.24
2025	₹166.71	₹140.51	₹19.62	₹170.65
2026	₹193.44	₹162.87	₹22.59	₹175.71

Company Promoter

Hemant Tukaram Mondkar

Surekha Hemant Mondkar

Ashwin Hemant Mondkar

Know before investing

• • Strengths

  Integrated Manufacturing & Product Innovation: Maintains a broad portfolio of 11,000+ hydraulic fitting SKUs and has the ability to develop customized products based on specific applications. The addition of 880 new SKUs in FY2026 reflects its focus on product innovation and ability to respond to evolving customer needs.

  Cell-Based Production Model: The Company follows a decentralized, cell-based manufacturing structure with dedicated responsibility for production, quality and design. This approach supports greater accountability, customer-centric operations, consistent delivery and better alignment with customer requirements.

• • Risks

  Expansion & Growth Execution Risk: The Company reported a decline in YoY PAT in FY2024 and could face difficulties in executing expansion plans or growth initiatives within the targeted timelines and allocated budgets.

  Reliance on External Logistics Partners: Dependence on third-party logistics providers exposes the Company to potential transportation delays, accidents and service disruptions, which could impact its supply chain, financial performance and cash flows.

Objects of the Issue & Utilisation of proceeds

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

Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company

General Corporate Purposes

Company  Address

Hy-Tech Engineers Ltd.
Plot No. A-160
Main Road,
Wagle Industrial Estate,
Thane, Maharashtra, 400604
Phone: +91 22 4097 1916
Email: hytechcs@hy-techengineers.com
Website: https://www.hy-techengineers.com/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: 8657578989/8069219065/8069219060
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html