Hy-Tech Engineers Ltd Summary
Hy-Tech Engineers Limited was incorporated as Hy-Tech Engineers Private Limited, dated December 18, 1978, issued by Registrar of Companies, Maharashtra at Mumbai. Subsequently, Company was converted into a public Company and the name was changed to Hy-Tech Engineers Limited and a fresh certificate of Incorporation dated March 23, 2022 was issued by the RoC.The Company is engaged in the the design, manufacture and supply of Hydraulic fittings for auto and industrial sector. The product portfolio comprises standard hydraulic fittings viz.
DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal (ORFS) fittings and conversion fittings, as well as fittings customized to customer specifications. The Company began operations by setting up a unit in Pune, Maharashtra in 1987. It set up the Thane unit in 2005, established the Pithampur Unit I in Madhya Pradesh in 2008, the Shirwal Unit in Maharashtra in 2010.
The Company acquired the erstwhile subsidiary, Sagar Forge Private Limited, which was merged with the Company via Scheme of Arrangement in 2014. It further began operations at Nashik Unit previously operated by Sagar Forge Private Limited. In 2021, Company set up the Unit-II at Pithampur in Madhya Pradesh in 2021 and Kavathe Unit in Maharashtra in 2022-23.
The Company launched the IPO of 25,610,204 equity shares of Rs 5 each and raised Rs135.73 crore. The IPO comprise a fresh issue of 11,320,754 equity shares amounting to Rs 60 crore and the offer for sale of 14,289,450 equity shares amounting to Rs 75.73 crore on August 27, 2026.