Hy-Tech Engineers IPO
Open Date
24 Aug 2026
Close Date
27 Aug 2026
Open Date
24 Aug 2026
Close Date
27 Aug 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
1978
CEO
Surekha Hemant Mondkar
Financials of Hy Tech Engineers IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | 137.71 | 161.38 | 189.40 |
| Other Income | 3.46 | 5.33 | 4.03 |
Total Income | 141.17 | 166.71 | 193.44 |
Total Expenses | 125.37 | 140.51 | 162.87 |
| Profit Before Tax | 15.80 | 26.19 | 30.56 |
Total Profit | 11.60 | 19.62 | 22.59 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company proposes to utilize Net Proceeds for acquiring advanced manufacturing machinery, CNC machines, testing equipment, barrel auto plating plants, and solar power installations to enhance operational efficiency, boost productivity, and strengthen sustainable practices across three manufacturing units. | 30 |
| The company intends to utilize Net Proceeds towards repayment/prepayment of outstanding borrowings to de-leverage its financial position, achieve favorable debt-equity ratio, reduce interest outflow, and enable additional investment in business growth and expansion. | 16 |
| The company proposes to deploy balance Net Proceeds for general corporate purposes including funding growth opportunities, strengthening marketing capabilities, brand building exercises, meeting working capital requirements, business development initiatives, and other expenses as approved by the Board. | - |

- Integrated operations and product development capabilities: The company offers over 11,000 SKUs comprising standard hydraulic fittings and develops 880-2,206 new SKUs annually. The company operates with backward integration at Nashik Unit with 3,120 MT forging capacity and 483 lakh pieces manufacturing capacity across facilities.
- Diversified customer base with wide market reach: The company served 170 direct customers in Fiscal 2026 with exports contributing 29.37% of revenues across eleven countries. The company maintains dual-channel approach with direct sales (88.42%) and distributor network (11.58%) reducing dependence on single sales channels.
- Experienced leadership, deep market understanding and industry credibility: The company benefits from over four decades of experience led by IIT Bombay alumnus promoter. The company achieved 95.10% revenues from repeat customers in Fiscal 2026 and overseas sales grew at 6.08% CAGR from ₹283.77 million to ₹338.71 million.
- Established global presence with access to growing international markets: The company operates across eleven countries including USA (21.42% of revenues), Belgium (6.14%), and Poland (1.22%). The company leverages distribution agreement with Hy-Tech USA Inc. contributing 3.54% of revenue from operations in Fiscal 2026.
- Decentralized cell-based manufacturing model: The company follows cell-based manufacturing with smaller self-contained cells aligned to specific customer requirements. The company maintains decentralized accountability framework with plant heads responsible for operational performance supported by central procurement teams.

