Hy-Tech Engineers IPO Opens at Rs. 50–53

Hy-Tech Engineers has entered the primary market today with a price band of Rs. 50–53 per share. The IPO is worth around Rs. 135.73 cr. and will remain open until August 27.

The issue includes a fresh component of around Rs. 60 cr. and an offer for sale of approximately Rs. 75.73 cr. The company operates in the engineering and hydraulic-fittings space, providing exposure to India’s industrial manufacturing ecosystem.

MT | Money Times

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