Hy-Tech Engineers IPO Subscription Status Day 3: Issue Gets 21.80x Subscription

Mumbai, August 26: The Hy-Tech Engineers IPO is seeing plenty of interest from non-institutional and retail investors as it enters the final stretch of its bidding period.

As of 10:09 AM on August 26, 2026, the ₹135.73 crore IPO had been subscribed 21.80 times overall. Investors had placed bids for 39,08,30,075 shares, compared with 1,79,27,144 shares available to public investors.

Retail investors have been particularly active, with their portion already subscribed 30.60 times. The NII category is close behind at 29.51 times. Institutional participation, however, has been relatively muted so far. The QIB (Ex Anchor) portion stood at 0.61 times.

The Hy-Tech Engineers IPO opened on August 24 and will close on August 27, 2026, leaving one more day for investors to place their bids.

Hy-Tech Engineers IPO Subscription Status Today

The latest category-wise subscription figures are:

The issue has attracted 7,99,688 applications so far.

The retail segment received bids for 27,43,22,937 shares, against 89,63,571 shares reserved for retail investors. In the NII category, bids came in for 11,33,61,593 shares, compared with 38,41,531 shares on offer.

Hy-Tech Engineers IPO Day 3 Subscription Details

Retail demand has remained strong throughout the IPO. By the latest update on Day 3, the category was subscribed 30.60 times, with bids for more than 27 crore shares.

The NII segment has also seen aggressive bidding and was subscribed 29.51 times. Breaking it down further, the sNII portion was subscribed 49.31 times, while the bNII portion reached 19.61 times.

QIB investors have been more cautious so far. The QIB (Ex Anchor) category was subscribed 0.61 times, with bids for 31,45,545 shares against 51,22,042 shares offered.

Overall, the issue has attracted bids worth around ₹2,071.40 crore, calculated at the upper end of the price band.

Hy-Tech Engineers IPO Day-wise Subscription

The IPO has picked up considerable momentum since its opening day.

The overall subscription has nearly tripled from 7.84 times on Day 1 to 21.80 times on Day 3.

Retail subscription moved from 11.53 times on the opening day to 30.60 times, while NII subscription jumped from 9.92 times to 29.51 times over the same period.

QIB participation has been the outlier, remaining below full subscription even as the other investor categories have seen heavy demand.

Hy-Tech Engineers IPO Price Band and Lot Size

Hy-Tech Engineers has set the IPO price band at ₹50 to ₹53 per share, with the issue price fixed at ₹53 per share.

Each lot contains 283 shares. At the upper end of the price band, a retail investor needs ₹14,999 to apply for one lot.

For sNII investors, the minimum application is for 3,962 shares, requiring ₹2,09,986. The minimum bNII application is for 18,961 shares, which works out to ₹10,04,933.

The company is scheduled to list its shares on both the BSE and NSE. The tentative listing date is September 1, 2026.

Hy-Tech Engineers IPO Important Dates

The Hy-Tech Engineers IPO will remain open until August 27. Investors therefore still have one more day to participate in the issue.

About Hy-Tech Engineers Ltd.

Hy-Tech Engineers Ltd. has been in the engineering business since 1978 and focuses on hydraulic fittings used across industrial applications.

The company’s product range includes more than 11,000 SKUs, covering DIN-metric fittings, JIC fittings, O-Ring Face Seal fittings, conversion fittings and customised hydraulic solutions.

Its products are used across sectors such as construction equipment, automobiles, agriculture, injection moulding and hydraulic systems. The company also supplies customers in overseas markets and has a presence across countries including the USA, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE and Thailand.

The company also holds certifications for products supplied to railway and defence applications.

Hy-Tech Engineers IPO: What Investors Should Know

The subscription data paints a pretty clear picture so far: retail and NII investors are driving the issue.

Retail investors have already pushed their category past 30 times subscription, while the sNII segment has crossed 49 times. That has pulled the overall subscription sharply higher despite the relatively low QIB participation.

The QIB (Ex Anchor) portion remains at 0.61 times, making it the only major category yet to reach full subscription.

These figures are from the 10:09 AM update on August 26, so the numbers can change substantially before the bidding window closes. The final day could also bring another jump in applications, particularly if institutional participation improves.

Conclusion

The Hy-Tech Engineers IPO has maintained its strong momentum on Day 3, with the overall issue subscribed 21.80 times as of 10:09 AM on August 26.

Retail investors have subscribed 30.60 times, while the NII category stands at 29.51 times. Within NII, the sNII portion leads at 49.31 times. QIB participation remains comparatively subdued at 0.61 times.

With the IPO closing on August 27, the final day of bidding will be crucial. The focus now shifts to whether the already strong retail and NII demand climbs further and whether QIB investors step up before the issue closes.

Source:

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