Mehta Hitech Industries IPO

About Mehta Hitech Industries IPO

The Mehta Hitech Industries IPO comprises a fresh issue with no offer for sale. The fresh issue aggregates up to 6,200,000 equity shares. It’s a 100% book-built issue. The price band is [TBA].

Mehta Hitech Industries IPO opens on [TBA] and closes on [TBA]. The allotment of shares will take place on [TBA]. The credit of shares to the Demat account will take place on [TBA]. The initiation of refunds will take place on [TBA].

The listing of shares will take place on [TBA]. The lot size of shares in the IPO is [TBA]. The minimum investment amount required by a retail investor is ₹ [TBA] based on the upper price. The minimum lot for retail investors in this IPO is [TBA].

Mehta Hitech Industries is a manufacturer of Co2 laser equipment, fiber laser equipment, CNC routers and digital printers. Co2 laser equipment contains Co2 laser engraving, cutting machine and marking machines.

Objectives of Mehta Hitech Industries IPO

The company proposes to utilise the IPO proceeds for:

• Funding capital expenditure requirements for civil construction work and towards purchase of equipment, plant and machinery for setting up new manufacturing facility at Sanand GIDC
  
• Funding long-term working capital requirements
  
• General corporate purposes
  

Industry Outlook

The Indian machine & tools industry plays a crucial role in the country's manufacturing sector, encompassing a wide range of metal-cutting and metal-forming machines. This industry is vital for supporting various sectors, including automotive, aerospace, defence, and consumer goods, by providing the necessary tools for mass production and precision engineering.

Based on the World Machine & Tool Survey 2025, India ranked 9th in production and 4th in consumption during CY2024, thus being an important country for machine and tools and its demand. Machine & Tool production witnessed a 21.3% CAGR between FY 2021 and FY 2025, while consumption grew at a faster pace of 27.2% CAGR, rising from ₹121.47 billion in FY 2021 to an estimated ₹317.81 billion in FY 2025.

About Mehta Hitech Industries

Mehta Hitech Industries manufactures Co2 laser equipment, fibre laser equipment, CNC routers and digital printers. Fiber laser equipment include fibre laser cutting machine, laser marking machine and welding machine.

CNC Routers include routers for woods, acrylic, stones, granite, metals (non-ferrous) and flatbed cutting plotters. Its digital printers include solvent printers, UV roll to roll printers and UV flatbed printers. The company also provides services such as maintenance and repairs including supply of accessories and consumables for the above-mentioned products.

Strengths of Mehta Hitech Industries

• Diversified and comprehensive solutions provider with a diverse range of offerings
• Established track record and industry experience
• Diversified customer base
• Experienced promoters and management team with strong domain expertise
• Integrated manufacturing infrastructure for scalable, cost-efficient delivery

Risks of Mehta Hitech Industries

• Restrictions on import of raw materials, or changes in tariffs and tax rates, may have an adverse effect on business
• Significant increases or fluctuations in prices of, or shortages of, or delay or disruption in supply of primary raw materials could affect estimated costs
• Increase in the prices, availability and quality of materials or loss of these suppliers could adversely affect reputation
• Inability to acquire land at acceptable costs or on commercially reasonable terms may adversely affect business
• Inability to diversify into new product lines may adversely affect business and revenue from operations
• Exposed to foreign currency fluctuation risks
• Failure to maintain optimal inventory levels could increase operating costs or lead to unfulfilled customer orders
• Any disruption in Gujarat could adversely affect business operations
• The company may not be able to obtain adequate financing or generate sufficient cash flow to meet working capital and liquidity requirements
• History of negative cash flow which may adversely affect financial condition

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Manager

• IPO Registrar: KFin Technologies
  
• Book Running Lead Manager: Beeline Capital Advisors
  

Mehta Hitech Industries Business Model

Mehta Hitech Industries manufactures Co2 laser equipment, fiber laser equipment, CNC routers and digital printers. Co2 laser equipment contains Co2 laser engraving, cutting machine and marking machines.

Fiber laser equipment include fibre laser cutting machine, laser marking machine and welding machine. CNC routers include routers for woods, acrylic, stones, granite, metals (non-ferrous) and flatbed cutting plotters. Its digital printers include solvent printer, UV roll to roll printer and UV flatbed printer.

Mehta Hitech Industries Company Growth Trajectory

The revenue from operations of Mehta Hitech Industries grew from ₹154.482 crores in FY 23 to ₹256.118 crores in FY 25. The company’s EBITDA margin increased from 6.18% in FY 23 to 11.54% in FY 25, while PAT margin increased from 2.36% in FY 23 to 7.23% in FY 25.

Also, Mehta Hitech registered one of the fastest revenue growths compared to a selected set of peers operating in this same industry. The company grew its annual revenue by a CAGR of 29% between FY 2023-25, which is one of the fastest among the selected peer group in which it competes. A diversified customer base and an established track record and industry experience have helped the company grow over the years.

Mehta Hitech Industries Market Position

Mehta Hitech Industries supplies machinery and equipment to its customers through its different sales and service offices across India and through its distributors in West Bengal and Madhya Pradesh. In the overseas market, it supplies and distributes its products in Canada, UAE, Saudi Arabia, through distributors and to some countries directly like Nigeria, Nepal, Algeria, Qatar, Kuwait etc.

How to Apply for the Mehta Hitech Industries IPO?

To apply for this IPO:

• Log in to your Kotak Neo Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Specify IPO details: Enter the number of lots and the price you wish to apply for.
• Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
• Mandate Notification: Your UPI app will receive a mandate notification to block funds.
• Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.