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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Hy-Tech Engineers Ltd
Registered Office:
Plot No.A-160 Main Road,Wagle Industrial Estate,
Thane - 400604,
Maharashtra, India.
Initial public offer of 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 to (Rs) 135.73 Crores ("The Offer") comprising a fresh issue of 11,320,754 equity shares aggregating to (Rs) 60.00 crores by the company (The "Fresh Issue") and an offer for sale of 14,289,450 equity shares consisting of 8,980,961 equity shares of face value of (Rs) 5 each aggregating to (Rs) 47.60 Crores by Hemant Tukaram Mondkar and 5,308,489 equity shares of face value of (Rs) 5 each by Surekha Hemant Mondkar jointly with Hemant Tukaram Mondkar aggregating to (Rs) 28.14 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 27.00% of the post-offer paid-up equity share capital of the company. Price Band: (Rs) 53 per equity share of face value of (Rs) 5 each. The floor price 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
53.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 283     Further Multiples of : 283
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
21.93
New Berry Capitals Private Limited
Project Financed
135.73
 
Post Issue
47.43
 
Issue Price
53.00
 
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
.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY)
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Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

Investor Grievances Email ID: investorgrievance@dbonline.in


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