IPO

IPO Synopsis Hy-Tech Engineers Ltd
Registered Office : Plot No.A-160 Main Road,Wagle Industrial Estate, Thane - 400604, Maharashtra, India.
Phone : +91 22 4097 1916   Fax:
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 Application Allotment
 24-Aug-26  27-Aug-26  50.00-53.00  0.00-0.00
Minimum Application for shares in Nos :  283   Further Multiples of :  283
  Rs Cr Lead Managers to the Issue
Project Cost  0.00 New Berry Capitals Private Limited
Project Financed through Current Offer  131.45  
Post Issue Equity Share Capital  54.57  
Issue Price  50.00  
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
Promoted By
 Hemant Tukaram Mondkar
 Surekha Hemant Mondkar jointl
 Ashwin Hemant Mondkar
Listing At
 BSE
 NSE
Registrar to the Issue
 Bigshare Services Pvt Ltd
 
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