Hy-Tech Engineers Limited IPO Details

1. IPO Snapshot

2. IPO Details — Final Price-Band Reconciliation

3. IPO Lot Size

4. IPO Timetable

5. Issue Reservation

6. About the Company

Hy-Tech Engineers Limited was incorporated as Hy-Tech Engineers Private Limited on December 18, 1978 and was subsequently converted into a public limited company. The name was changed to Hy-Tech Engineers Limited pursuant to corporate actions in 2022. The Company operates in hydraulic fittings and related engineering products, with a portfolio of more than 11,000 SKUs.

The business serves OEMs and industrial users through direct sales as well as distributors and distribution partners. Its products include DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal fittings, conversion fittings and customised hydraulic fittings. The RHP describes applications across construction machinery, automotive, farming machinery, injection moulding machines and hydraulic systems, with certifications and applications extending to railway and defence-related requirements.

As of March 31, 2026, the Company had an international presence in the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, Thailand and Germany. Its manufacturing network includes Thane, Shirwal, Kavathe and Pithampur, supported by the Nashik unit for forged components and backward integration.

Competitive Strengths

• Integrated operations and product development capabilities.
• Diversified customer base with wide market reach.
• Established global presence with access to growing international markets.
• Experienced leadership, deep market understanding and industry credibility.
• Decentralized cell-based manufacturing model

Manufacturing Capacity and Operating KPIs

7. Restated Consolidated Financial Information

8. Key Performance Indicators

9. IPO Valuation

10. Peer Comparison

10. Objects of the Issue and Funding

11. Offer for Sale -Selling Shareholders

12. Key Risks Disclosed in the RHP

Business growth and execution: The Company states that it may be unable to sustain growth or implement expansion plans within the anticipated time or budget.

Customer / market concentration: The business depends on industrial customers, OEMs, distributors and international markets; changes in demand can affect operations.

International operations: Exports expose the Company to foreign-market regulations, tariffs, customs classification, sanctions, geopolitical and economic conditions.

Raw material and operating costs: Changes in material costs and operating expenses can affect margins and profitability.

Working capital: Trade receivables and inventories form material current assets and changes in working-capital requirements can affect cash flows.

Expansion and capital expenditure: Delays, cost overruns or changes in project requirements can affect the intended deployment of IPO proceeds and expected benefits.

Borrowings: The Company proposes to use ₹160 million of Fresh Issue proceeds for repayment / prepayment of certain borrowings; debt servicing and financing conditions remain relevant.

Industry information: Certain industry and peer information comes from the commissioned CARE Report and public peer information; the RHP notes that such information has inherent limitations.

Peer comparability: The RHP specifically notes that listed-peer information may not be directly comparable and may be difficult to benchmark.

Regulatory / legal risks: Changes in laws, regulations, approvals, tariffs, taxation or other regulatory requirements may affect operations.

Key personnel: The Company identifies dependence on experienced leadership and personnel as a potential business risk.

Post-listing market risk: The RHP states that there was no formal market before the IPO and there can be no assurance of an active or sustained trading market after listing.

13. Management, Registrar and Lead Manager