Hy-Tech Engineers to Debut on BSE, NSE Today With 66% Grey Market Premium
· Business · Economic Times, LiveMint, Business Standard
Hy-Tech Engineers shares are set to list on the BSE and NSE on Tuesday, September 1, 2026, with a 66% grey market premium (GMP) signalling expectations of a sharp listing gain over the issue price of Rs 53. The Rs 135.73-crore IPO comprised a fresh issue of 1.13 crore shares worth Rs 60 crore and an offer for sale of 1.43 crore shares aggregating to Rs 75.73 crore. Investor demand was exceptionally strong, with the IPO subscribed 247.39 times overall — retail portion at 175.10 times, non-institutional investors at 412.96 times, and qualified institutional buyers at 249.71 times. Anchor bidding on August 21, 2026, raised Rs 40.72 crore ahead of the issue. New Berry Capitals Pvt. Ltd. served as the book-running lead manager, while Bigshare Services Pvt. Ltd. acted as the registrar. The article notes that GMP trends are unofficial and can change before listing.
Why it matters
Retail and HNI investors who bid in the heavily-subscribed IPO will watch the debut closely for listing-day gains, while the subscription profile shows broad-based demand across retail, institutional, and anchor segments — a signal of strong pre-listing sentiment for this SME-style public issue.
Read the original report — Economic Times
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