Hy-Tech Engineers IPO

Hydraulic Fittings Manufacturing (Industrial Engineering) - Listed on 01 September 2026

+41.5% listing gain
Issue Price (Upper)
Rs 53
Listing Price
Rs 75
Closing Price (NSE)
Rs 78.75
Total Subscription
247.39x

Hy-Tech Engineers IPO listing summary

Hy-Tech Engineers (Hydraulic Fittings Manufacturing (Industrial Engineering)) closed its IPO window in 2026 and listed on NSE and BSE on 01 September 2026 at an upper band issue price of Rs 53, opening at Rs 75 for a listing gain of +41.5% and closing day one at Rs 78.75 (+48.6% on closing basis). The IPO was subscribed 247.39x overall - QIB 249.71x, HNI/NII 412.96x, Retail 175.11x. The total issue size was Rs 135.73 Cr (Fresh Issue Rs 60 Cr, OFS Rs 75.73 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+41.51%
Listing Gain (Close)
+48.58%
Day Change After Listing
+5.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB249.71x
HNI / NII412.96x
Retail175.11x
Overall247.39x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 17.84x
Day 219.57x
Day 3 (Final)247.39x

Hy-Tech Engineers IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 25+32.08%
Day 2Rs 35+45.28%
Day 3Rs 45+84.90%
Day 4Rs 44+45.28%
Day 5Rs 44+66.04%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
32.1%-84.9%
IPOGyani AI Prediction
82.1%
Actual Listing Gain
+41.5%

Prediction Accuracy: 40.6 pp (Variance observed)

Issue & financials

Issue SizeRs 135.73 Cr
Fresh IssueRs 60 Cr
OFSRs 75.73 Cr
IPO PE22.27
Peer / Sector PE135.56
PE vs Sector Ratio0.16
Latest EBITDA (Cr)22.01
Debt / Equity0.24

Market context at listing

How the broader market moved around the Hy-Tech Engineers IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-1.11%
Nifty 1W Return-0.63%
Nifty 1M Return-0.39%
Nifty during IPO window-0.63%

Hy-Tech Engineers IPO - FAQs

What was the listing gain of Hy-Tech Engineers IPO?

Hy-Tech Engineers IPO listed at +41.5% versus the upper issue price of Rs 53 on 01 September 2026.

How many times was Hy-Tech Engineers IPO subscribed?

Hy-Tech Engineers IPO was subscribed 247.39x overall. QIB portion was subscribed 249.71x, HNI / NII 412.96x and Retail 175.11x.

What was the IPO GMP for Hy-Tech Engineers?

IPO GMP started at Rs 25 on Day 1 and moved to Rs 44 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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