IPO IPO-Synopsis
Hy-Tech Engineers Ltd

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Registered Office: Plot No.A-160 Main Road,Wagle Industrial Estate , Thane - 400604 , Maharashtra , India.
Phone : +91 22 4097 1916   Fax:
Email :  hytechcs@hy-techengineers.com  
Website :  www.hy-techengineers.com
Initial public offer of 25,610,204 equity shares of face value of Rs5 each ("Equity Shares") of Hy-Tech Engineers Limited ("Company" ) for cash at a price of Rs53 per equity share (Including a share Premium of Rs48 Per Equity Share) (The "Offer Price") aggregating to Rs135.73 Crores ("The Offer") comprising a fresh issue of 11,320,754 equity shares aggregating to Rs60.00 crores by the company (The "Fresh Issue") and an offer for sale of 14,289,450 equity shares consisting of 8,980,961 equity shares of face value of Rs5 each aggregating to Rs47.60 Crores by Hemant Tukaram Mondkar and 5,308,489 equity shares of face value of Rs5 each by Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar aggregating to Rs28.14 Crores (Collectively Referred to as the "Promoter Selling Shareholders" And Such Equity Shares Offered By The Promoter Selling Shareholders, "Offered Shares"). The offer shall constitute up to 27.00% of the post-offer paid-up equity share capital of the company. Price Band: Rs53 per equity share of face value of Rs5 each. The floor price 10.60 times the face value of the equity shares, respectively. Bids can be made for a minimum of 283 equity shares of face value of Rs5 each and in multiples of 283 equity shares of face value of Rs5 each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Aug-26 27-Aug-26 Rs53.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :283  Further Multiples of :283

  Rs Cr Lead Managers to the Issue
Project Cost 21.93
New Berry Capitals Private Limited
Project Financed through Current Offer 135.73  
Post Issue Equity Share Capital 47.43  
Issue Price Rs53.00  
Projects
Funding capital expenditure requirement of our Company towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and procurementGeneral corporate purposes
Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company
Promoted By
Hemant Tukaram Mondkar
Surekha Hemant Mondkar jointl
Ashwin Hemant Mondkar
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd