Archive · 1 Sep 2026
Hy-Tech Engineers Debuts at 42% Premium on NSE
Hy-Tech Engineers is a company that makes parts used in hydraulic machines.
It sold shares to the public through an IPO.
The company priced each share at Rs 53.
When trading began, the shares were worth Rs 75 on the NSE.
That was 42% higher than the IPO price.
On the BSE, the shares opened at Rs 72, or 36% higher.
The IPO raised Rs 135.73 crore for the company and selling shareholders.
The company has more than 11,000 types of hydraulic fittings and has operated in the industry for over four decades.
Hy-Tech Engineers shares listed at Rs 75 on the NSE, a 42% premium to the Rs 53 issue price.
The stock listed at Rs 72 on the BSE, representing a 36% premium.
The company raised Rs 135.73 crore through fresh shares and an offer for sale.
IPO bidding ran from August 24 to August 27, with allotment finalized on August 28.
Hy-Tech Engineers makes hydraulic fittings and serves industrial and original equipment manufacturer customers in domestic and international markets.
- Who
- Hy-Tech Engineers and investors participating in its IPO.
- What
- Hy-Tech Engineers shares made a strong stock-market debut, listing above their Rs 53 issue price.
- When
- Trading began after IPO bidding from August 24 to August 27 and allotment on August 28.
- Where
- The shares listed at Rs 75 on the NSE and Rs 72 on the BSE.
- Why
- The company raised Rs 135.73 crore through a combination of fresh shares and an offer for sale.
- Issue price
- Rs 53 per share
- NSE listing
- Rs 75, a 42% premium
- BSE listing
- Rs 72, a 36% premium
- Total issue size
- Rs 135.73 crore
- Fresh issue
- 1.13 crore shares worth Rs 60 crore
- Offer for sale
- 1.43 crore shares worth Rs 75.73 crore
- Retail minimum investment
- Rs 14,999 for one lot of 283 shares