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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Funding Machinery Capital Expenditure
Capital deployment for procuring advanced machinery and equipment for expansion at Kavathe, Shirwal, and Pithampur production units.
Debt Repayment and Restructuring
Prepayment or repayment, in full or in part, of specific outstanding credit facilities to lower interest costs and optimize leverage.
General Corporate Purposes
Funding routine operational overheads, administrative requirements, and general corporate growth activities.
(₹ in Crore)
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Incorporated in 1978, HY-TECH Engineers Limited is an established Indian engineering company specializing in the design, development, and manufacturing of custom hydraulic components and fluid power system solutions. The company produces a wide array of precision-engineered items, including hydraulic fittings, valves, manifolds, hose assemblies, and customized hydraulic equipment. Its products serve critical motion-control applications across diverse sectors such as industrial machinery, construction equipment, agricultural vehicles, defense systems, and automotive manufacturing. The company operates six manufacturing facilities situated across strategic industrial clusters in Maharashtra and Madhya Pradesh, including units in Thane, Pune, Nashik, and Pithampur. These integrated production plants feature advanced machinery such as multi-axis CNC turning centers, automatic forging presses, heat treatment units, and modern quality inspection laboratories. With an extensive product portfolio encompassing over 3,500 standard items and over 10,000 active SKUs, HY-TECH Engineers fulfills both high-volume standardized production and specialized custom engineering requirements for its client base. HY-TECH Engineers maintains a business-to-business sales network supplying original equipment manufacturers, large industrial conglomerates, and specialized distribution partners in India as well as overseas markets. Through long-standing commercial partnerships and continuous investments in technical capabilities, the business has scaled its operations while maintaining stringent quality certifications. The net proceeds from the public offering are allocated toward manufacturing capacity expansion, debt reduction, and general corporate growth initiatives.
HY-TECH Engineers Limited raised Rs 40.72 crore from anchor investors on August 21, 2026, allocating 7,683,060 equity shares at Rs 53 per share. Major institutional participants in the anchor allocation included mutual fund schemes from Whiteoak Capital, Winro Commercial India, Ashika Global Finance, and Varanium Dynamic Trust.
Source: RHP • Analysis provided for informational purposes
Last Updated: 1 September 2026, 3:21 AM
Established Operating History and Comprehensive Product Catalog
Leveraging over four decades of technical expertise, the company maintains a portfolio of over 10,000 active SKUs catering to diverse fluid power applications.
Integrated Manufacturing Infrastructure Across Clusters
Operates six production facilities equipped with multi-axis CNC machines, automated forging lines, and quality testing labs located in Maharashtra and Madhya Pradesh.
Broad Client Reach Across Diverse Industrial Sectors
Supplies original equipment manufacturers and distributors across industrial machinery, agriculture, construction, and defense segments without relying on a single market.
Exposure to Fluctuations in Raw Material Prices
Variations in raw material costs such as steel and alloy prices can compress operating margins if input cost increases cannot be immediately passed to clients.
Dependence on Third Party Logistics Operations
Relying on external logistics providers exposes shipments to transit delays or accidents that could affect delivery schedules and operational performance.
Execution Timeline Risks for Machinery Procurement
Planned capacity expansions depend on timely delivery and installation of new equipment, where vendor delays could affect planned production scaling.
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