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Hy-Tech Engineers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Hy-Tech Engineers Ltd IPO

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 up to 25,610,204 equity shares of face value of (Rs)5 each ("Equity Shares") of Hy-Tech Engineers Limited ("Company" ) for cash at a price of (Rs)53 per equity share (Including a share Premium of (Rs)48 Per Equity Share) (The "Offer Price") aggregating up to (Rs)135.73 Crores ("The Offer") comprising a fresh issue of up to 11,320,754 equity shares aggregating up to (Rs)60.00 crores by the company (The "Fresh Issue") and an offer for sale of up to 14,289,450 equity shares consisting of up to 8,980,961 equity shares of face value of (Rs)5 each aggregating up to (Rs)47.60 Crores by Hemant Tukaram Mondkar and up to 5,308,489 equity shares of face value of (Rs)5 each by Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar aggregating up to (Rs)28.13 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 [*]% of the post-offer paid-up equity share capital of the company. The price band and minimum bid lot will be decided by the company. Price Band: (Rs)50 to (Rs)53 per equity share of face value of (Rs)5 each. The floor price and the cap price are 10.00 times and 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 (Rs)5 each and in multiples of 283 equity shares of face value of (Rs)5 each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Aug-26 27-Aug-26 (Rs)50.00-53.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :283  Further Multiples of :283

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
New Berry Capitals Private Limited
Project Financed through Current Offer 131.45  
Post Issue Equity Share Capital 54.57  
Issue Price (Rs)50.00  
 
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