Hy-Tech Engineers IPO Subscribed 7.46x on Day 1
Last Updated: 24th August 2026 - 04:36 pm
Hy-Tech Engineers IPO was subscribed 7.46 times by 5:24 PM on Day 1, August 24, 2026. The public issue received bids for 13,37,49,762 shares against 1,79,27,144 shares available for subscription. The Retail Investors category recorded the highest subscription at 11.02 times, followed by Non-Institutional Investors (NIIs) at 8.44 times. Qualified Institutional Buyers (QIBs) subscribed 0.49 times.
Subscription Status of Hy-Tech Engineers IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (August 24) | 0.49 | 8.44 | 11.02 | 7.46 |
Here are the subscription details for Hy-Tech Engineers IPO Day 1, as of 5:24 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 76,83,060 | 76,83,060 | 40.720 |
| QIB | 0.49 | 51,22,042 | 25,20,964 | 13.361 |
| NII | 8.44 | 38,41,531 | 3,24,37,460 | 171.919 |
| Retail | 11.02 | 89,63,571 | 9,87,91,338 | 523.594 |
| Total | 7.46 | 1,79,27,144 |
13,37,49,762 |
708.874 |
Key Highlights – Day 1
- Overall subscription stood at 7.46 times on Day 1 (August 24, 2026).
- Qualified Institutional Buyers (QIBs) subscribed 0.49 times.
- Non-Institutional Investors (NIIs) subscribed 8.44 times.
- Retail Investors subscribed 11.02 times, the highest.
About Hy-Tech Engineers Limited
Incorporated in December 1978, Hy-Tech Engineers Limited is an engineering company engaged in the design, manufacture and supply of hydraulic fittings for diverse industrial applications. With over four decades of experience in the hydraulics industry, the Company offers a portfolio of more than 11,000 SKUs, including DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal (ORFS) fittings, conversion fittings and customized hydraulic fittings.
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