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(19/08/2026 17:00)

Hy-Tech Engineers announces launch of initial public offering

Hy-Tech Engineers Ltd. has announced public offering of 25610205 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 48.00 per share. The gross proceeds of the issue are expected to be Rs 13,573.41 lakhs.

The company's initial public offer (IPO) will open on 24 August 2026 and is expected to close on 27 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 50.00-53.00 per share.

The IPO includes a fresh Issue of 25610205 Equity Shares of the Company at an price of Rs 53.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 283 shares with bids in multiples of 283.

Hy-Tech Engineers Ltd. anticipates using the proceeds of the issue for .

New Berry Capitals Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
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