Hy-Tech Engineers IPO is a mainboard IPO raising ₹136 Cr at ₹50 – ₹53 a share. It listed on 1 Sept 2026 at ₹75, +41.5% against its issue price of ₹53, and trades at ₹82 today (+53.8% since issue). It was subscribed 244× in total.
244.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 2 | 0 | ₹1.3 Cr |
| Promoters | 0 | 0 | 2 | — |
| Directors | 1 | 1 | 0 | ₹0.2 Cr |
GST show cause-cum-demand notice (Form GST DRC-01) to Company by Deputy Commissioner of Central Taxes (CGST), Thane, alleging aggregate GST demand of ₹12.69 million (₹11.97m short-payment + ₹0.68m excess ITC + ₹0.04m ineligible ITC) for FY 2022-23; Company responded disputing the claim
Criminal complaint filed by Ashok Kumar Doshi (Feb 2014) before CJM Thane against TJSB Sahakari Bank and 16 others including Whole Time Director Sunil Prabhakar Sathe for alleged offences under IPC and SARFAESI Act; criminal revision pending seeking ₹5.00 million compensation
Direct tax pending case against Directors (1 case, ₹2.35 million)
Government Labour Officer complaint (Mar 2026) against Promoter Hemant Tukaram Mondkar and Fasto Engineering (Promoter Group) before JMFC Thane for alleged violations of Minimum Wages Act, 1948 and Maharashtra Minimum Wages Rules, 1963
Government Labour Officer complaint (Apr 2026) against Promoter Hemant Tukaram Mondkar and Fasto Engineering (Promoter Group) before JMFC Thane for alleged violations of Payment of Wages Act, 1936 and Maharashtra Payment of Wages Rules, 1963
All amounts in the prospectus are stated in ₹ million; converted to ₹ crore (1 crore = 10 million). Materiality Threshold adopted: ₹8.97 million (lowest of three criteria). Promoter regulatory actions against Hemant Tukaram Mondkar and Fasto Engineering are categorized by the prospectus under 'Actions by regulatory and statutory authorities' rather than 'Criminal proceedings'. No outstanding litigation against/by subsidiaries stated; no group company litigation with material impact disclosed. Grand total amount not stated in the prospectus.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
What the issuer and the exchanges published. Everything else on this tab is read out of these.
The full prospectus — business, financials, risk factors and litigation.
Which institutions were allotted shares before bidding opened, and how many.
Where physical applications could be submitted.
The issuer's own "basis of issue price": the earnings multiples it is asking for, and the peer companies it chose to compare itself against.
The full prospectus — business, financials, risk factors and litigation.
