Current IPO
Hy-Tech Engineers Ltd
Registered Office:
Plot No.A-160 Main Road,Wagle Industrial Estate,
Maharashtra ,
Thane,400604
Phone : +91 22 4097 1916
|
Fax : N/A
| 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 | Allotment | Application |
| 24-Aug-26 | 27-Aug-26 | 0.0 - 0.0 | 50.0 - 53.0 |
Minimum Application for shares in Nos : 283.00 Further Multiples of : 283.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 |
New Berry Capitals Private Limited |
| Project Financed | 131.45 | |
| Post Issue | 54.57 | |
| Issue Price | 54.57 |
Projects
- Funding capital expenditure requirement of our Company towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and procurement
- Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company
- General corporate purposes
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Promoted By
Hemant Tukaram Mondkar
Surekha Hemant Mondkar jointl
Ashwin Hemant Mondkar
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Listing At
BSE
NSE
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Registrar to the Issue
Bigshare Services Pvt Ltd