Hy-Tech Engineers IPO Day 3 Subscription Status: Issue Subscribed 51.49x, NII Demand Takes Lead

Mumbai, August 26: The Hy-Tech Engineers IPO  has seen a big jump in bidding on the third day of its four-day subscription window.By 5:04 PM on August 26, the ₹135.73 crore IPO had been subscribed 51.49 times. Investors had put in bids for 92,30,69,873 shares, against 1,79,27,144 shares available for the public, excluding the anchor portion.

The issue had received 17,45,137 applications at the latest count.

The strongest demand is coming from non-institutional investors. The NII portion is subscribed 84.30x, while retail investors have already bid 66.38x the shares reserved for them.

The QIB portion, after excluding the anchor allocation, stood at 0.83x.

Hy-Tech Engineers IPO Subscription Status Day 3

There is a clear gap between the investor categories at this stage.

The sNII category is leading with 141.93x subscription, followed by the bNII portion at 55.49x. Retail investors are not far behind, with their portion subscribed 66.38x.

The latest numbers are:

• Overall: 51.49x
• QIB (Ex-Anchor): 0.83x
• NII: 84.30x
• bNII (> ₹10 lakh): 55.49x
• sNII (< ₹10 lakh): 141.93x
• Retail: 66.38x
• Total Applications: 17,45,137

These figures are based on the subscription data available at 5:04 PM on August 26. The numbers can still move before the issue closes.

Day-Wise Subscription Trend

Hy-Tech Engineers IPO did not start slowly, but the pace really picked up on the second and third days.

The overall subscription stood at 7.84x on Day 1, rose to 19.57x on Day 2, and then climbed to 51.49x on Day 3.

The biggest change has come from the NII book. It went from 25.21x on Day 2 to 84.30x on Day 3.

Retail demand also accelerated sharply, moving from 28x to 66.38x.

So, while the overall 51.49x number grabs attention, the category-wise data shows that NII and retail investors are doing most of the heavy lifting right now.

Hy-Tech Engineers IPO Details

Hy-Tech Engineers is raising ₹135.73 crore through a combination of fresh issue and offer for sale.

At the upper end of the price band, one retail lot requires an investment of ₹14,999.

The company has reserved 50% of the issue for QIBs, 15% for NIIs and 35% for retail investors.

Hy-Tech Engineers IPO Anchor Investors

The company had already raised ₹40.72 crore from anchor investors before the IPO opened to the public.

The anchor bidding took place on August 21, 2026, with 76,83,060 shares allotted to anchor investors.

The anchor allocation represents 30% of the total issue size. These shares are subject to the applicable lock-in period.

Hy-Tech Engineers IPO Important Dates

The dates mentioned above are tentative and may change depending on the final issue process.

About Hy-Tech Engineers Ltd.

Hy-Tech Engineers Limited has been operating since 1978 and is involved in the manufacturing and supply of hydraulic fittings.

The company has a fairly wide product range, with more than 11,000 SKUs. These include DIN metric fittings, JIC fittings, flareless fittings, O-ring face seal fittings, conversion fittings and customised hydraulic fittings.

Its products are used in several industries, including automotive, construction equipment, agriculture, injection moulding and hydraulic systems.

The company also supplies products for railway and defence applications.

Hy-Tech Engineers has customers outside India as well. Its international markets include the US, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, Thailand and Germany.

Hy-Tech Engineers IPO Allotment and Listing

The IPO is scheduled to close on August 27, 2026.

The tentative allotment is expected on August 28. Investors who do not receive shares should see their refunds processed on August 31, while successful applicants are expected to receive shares in their demat accounts on the same day.

The shares are scheduled to list on BSE and NSE on September 1, 2026, subject to the final timetable.

Conclusion

Hy-Tech Engineers IPO has attracted strong demand ahead of the close, with the issue subscribed 51.49x by 5:04 PM on August 26.

The NII category is currently at the front with 84.30x subscription, while retail investors have subscribed 66.38x. The sNII portion has seen the sharpest demand at 141.93x.

The QIB portion excluding the anchor book is at 0.83x, so institutional bidding remains one of the numbers worth watching as the issue heads into its closing hours.

The IPO closes on August 27, with allotment expected on August 28. Refunds and demat credit are scheduled for August 31, followed by the tentative BSE and NSE listing on September 1.

For investors, the key point is simple: demand is clearly strong, but subscription alone shouldn’t be treated as a buy signal. The company’s fundamentals, valuation and risk factors still matter when assessing the IPO.

Disclaimer: The subscription figures mentioned above are based on the latest available data at the stated time and may change before the issue closes. IPO subscription levels do not guarantee listing gains or future returns. Investors should read the company’s offer documents, financial statements and risk factors carefully and make investment decisions based on their own assessment.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=HTEL&series=EQ&type=Active