Summary:
Hy-Tech Engineers IPO was subscribed 46.38 times by Day 3, led by strong NII and retail demand. The NII category was subscribed 73.78 times, while retail bidding reached 59.39 times and QIB subscription stood at 0.78 times. With one day left, institutional participation will be the key factor to watch before the issue closes on August 27.
Hy-Tech Engineers, the Thane-based hydraulic fittings manufacturer, saw subscription surge further on Day 3 of its ₹135.73 crore mainboard IPO, with overall demand climbing to 46.38 times as of the update on August 26, 2026.
IPO Details
| Detail | Information |
| Issue Size | ₹135.73 crore (fresh issue ₹60 crore + OFS ₹75.73 crore) |
| Price Band | ₹50–₹53 per share |
| Lot Size | 283 shares |
| Minimum Investment (Retail) | ₹14,999 |
| Face Value | ₹5 per share |
| IPO Open Date | August 24, 2026 |
| IPO Close Date | August 27, 2026 |
| Registrar | Bigshare Services Pvt Ltd |
| Book-Running Lead Manager | New Berry Capitals Pvt Ltd |
Category-wise Breakdown on Day 3
| Category | Shares Offered/Reserved | Shares Bid For | Subscription (x) |
| Qualified Institutional Buyers (QIBs) | 50,00,680 | 38,77,383 | 0.78 |
| Non Institutional Investors | 39,43,418 | 29,05,57,797 | 73.78 |
| — NII (bids above ₹10 lakh) | 26,28,946 | 12,71,19,072 | 48.35 |
| — NII (bids ₹2–10 lakh) | 13,14,472 | 16,37,26,725 | 124.56 |
| Retail Individual Investors (RIIs) | 92,01,308 | 54,64,50,133 | 59.39 |
| Total | 1,81,45,406 | 84,11,92,313 | 46.38 |
Data as of 26-Aug-2026, 3:21 PM IST, sourced from NSE Consolidated Bid Details (nseindia.com).
Hy-Tech Engineers IPO - Day 3 Subscription Status
As of the update on August 26, 2026, the issue received bids for 84,11,92,313 shares against 1,81,45,406 shares on offer, taking overall subscription to 46.38 times. Non-Institutional Investors led the charge at 73.78 times, followed by Retail Individual Investors at 59.39 times, while Qualified Institutional Buyers remained below full subscription at 0.78 times.
What Day 3 Numbers Indicate
Subscription climbing from 19.31 times on Day 2 to 46.38 times by Day 3 shows continued, aggressive retail and NII demand for the issue, with the ₹2–10 lakh NII bracket (124.56x) now dramatically outpacing the above-₹10-lakh bracket (48.35x) — a sign that smaller HNIs are piling in even harder than before. QIB bidding, however, remains muted at under 1x, which is typical ahead of the final bidding session, since institutional investors tend to place the bulk of their bids only in the closing hours. With one day of bidding left until the issue closes on August 27, a sharp QIB-led surge in the final session could push overall subscription significantly higher.
Hy-Tech Engineers IPO - Timetable
| Event | Date |
| IPO Open Date | August 24, 2026 |
| IPO Close Date | August 27, 2026 |
| Allotment Finalisation | August 28, 2026 |
| Refund Initiation | August 28, 2026 |
| Demat Credit | August 31, 2026 |
| Listing Date | September 1, 2026 |
| Listing Exchanges | BSE, NSE |
Should You Apply for Hy-Tech Engineers IPO?
Incorporated in 1978 and headquartered in Thane, Maharashtra, Hy-Tech Engineers is an engineering company engaged in the design, manufacture, and supply of hydraulic fittings, with a product portfolio spanning DIN-metric fittings, JIC flared and flareless fittings, O-Ring Face Seal fittings, conversion fittings, and customer-specific fittings. As of March 2026, the company offered more than 11,000 SKUs catering to industries such as construction machinery, automotive, farming machinery, and injection moulding machinery. Revenue grew 16% year-on-year to ₹193.44 crore in FY26, with profit after tax rising 15% to ₹22.59 crore and Return on Capital Employed at a healthy 24.40%.
Investors considering the issue should weigh the company's long operating history, broad product range, and strong ROCE against risks such as raw material price volatility and execution risk tied to its expansion plans across the Kavathe, Shirwal, and Pithampur units. As with any IPO, the decision should be based on individual risk appetite, investment horizon, and a review of the RHP rather than subscription numbers alone.
How to Apply for Hy-Tech Engineers IPO
Investors can apply for the Hy-Tech Engineers IPO through ASBA via their bank's net banking portal, via UPI-based ASBA through their stock broker's trading app, or offline by submitting a physical ASBA form through their broker. The minimum lot size is 283 shares, requiring a minimum investment of approximately ₹14,999 at the upper price band, with retail investors eligible to apply for up to 13 lots.
How to Check Hy-Tech Engineers IPO Subscription Status
How to check Hy-Tech Engineers IPO Subscription Status on NSE website
- Visit the NSE IPO issue information page (nseindia.com).
- Search for "Hy-Tech Engineers" or enter the symbol HTEL.
- Select "Consolidated Bid Details" from the dropdown to view category-wise subscription data.
- The page refreshes periodically to show live bidding figures during market hours.
How to check Hy-Tech Engineers IPO Subscription Status on BSE website
- Visit the BSE IPO page (bseindia.com).
- Navigate to the "Active IPO" or "IPO Bidding" section.
- Select "Hy-Tech Engineers Limited" from the list of active issues.
- View category-wise and overall subscription figures, updated through the bidding window.
How to check Hy-Tech Engineers IPO Subscription Status on Ventura?
Ventura clients can track real-time subscription status for the Hy-Tech Engineers IPO directly within the IPO section of the Ventura app or web platform, alongside category-wise bid data and allotment updates — without needing to switch between exchange websites.
IPO Subscription History
Previous Day Subscription
Demand accelerated sharply between Day 1 and Day 2, moving from 6.72 times to 19.31 times overall, driven by strong retail and NII interest, while institutional bidding continued to lag behind throughout the first two days.
Conclusion
Hy-Tech Engineers' IPO continues to see explosive demand heading into its final day, with overall subscription crossing 46 times on the back of overwhelming retail and NII interest. With bidding closing on August 27, institutional demand will be the key factor to watch, as QIB bidding typically sees a sharp last-day surge in mainboard issues.
