Hy-Tech Engineers IPO
Hy-Tech Engineers Limited (HTEL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 01 September 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +45.3% (likely range +12% to +123%), day's high +55.5%, chance of a gain 97%. Actual: +41.5% at the open, +48.6% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 50,00,680 | 1,27,90,02,086 | 256x | |
| NII (HNI) total | 39,43,418 | 1,58,63,94,139 | 402x | |
| Big NII (above ₹10 lakh) | 26,28,946 | 87,38,18,534 | 332x | |
| Small NII (₹2-10 lakh) | 13,14,472 | 71,25,75,605 | 542x | |
| Retail | 92,01,308 | 1,56,95,74,317 | 171x | |
| Total | 1,81,45,406 | 4,43,49,70,542 | 244x |
Bids on NSE and BSE together, as published by NSE, as of 27 Aug 2026, 07:00 PM. Shares offered exclude the anchor portion. 31% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Hy-Tech Engineers's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Mamata MachineryDec 2024 | 236x | 274x | 138x | 195x | ₹179 Cr | +146.9% | +159.3% |
| Highway InfrastructureAug 2025 | 421x | 447x | 156x | 301x | ₹136 Cr | +64.3% | +72.5% |
| Manba FinanceSep 2024 | 149x | 512x | 144x | 224x | ₹151 Cr | +20.8% | +26.9% |
| Indo Farm EquipmentJan 2025 | 242x | 504x | 105x | 230x | ₹260 Cr | +19.1% | +33.5% |
| Gala Precision EngineeringSep 2024 | 233x | 415x | 91.9x | 201x | ₹168 Cr | +36.3% | +43.1% |
| Denta Water and Infra SolutionsJan 2025 | 237x | 507x | 90.6x | 222x | ₹220 Cr | +10.5% | +16.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| New Berry Capitals | — | — | — |
Offer documents (NSE)
Frequently asked
What is the Hy-Tech Engineers IPO price band and lot size? ₹50.0–53.0 per share, with a lot of 283 shares, so the smallest retail bid is ₹14,999.
How many times has it been subscribed? 244x overall: QIB 256x, NII 402x, retail 171x.
How did it list? It opened at ₹75.0, +41.5% against the issue price of ₹53.0, and closed its first day +48.6%.
