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Mehta Hitech IPO IPO

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Listing
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Issue Size
62,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets179.89141.95111.8889.35
Total Income152.54257.52195.58155.26
Profit After Tax7.3318.536.613.64
EBITDA11.5729.5615.339.54
NET Worth65.0841.3522.8016.46
Reserves and Surplus47.4324.5521.6015.26
Total Borrowing34.9045.4032.5730.20
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Omnitech Engineering Ltd.Mainboard₹583.00 Cr₹22754.47₹204.93-9.72%₹580.65 (+0.62%)
Epack Prefab Technologies Ltd.Mainboard₹504.00 Cr₹20429.49₹190.66-6.54%₹241.09 (-2.21%)
Aditya Infotech Ltd.Mainboard₹1,300.00 Cr₹67521.09₹1,082.65+60.39%₹3,446.30 (-1.17%)
Merritronix Ltd.SME₹70.03 Cr₹14911.83₹297.25+99.50%₹370.35 (-2.78%)
Adisoft Technologies Ltd.SME₹74.10 Cr₹17212.82₹215.25+25.15%₹181.90 (-0.44%)
Highness Microelectronics Ltd.SME₹21.67 Cr₹12016.7₹129.75+8.12%₹171.50 (-4.96%)
Tipco Engineering India Ltd.SME₹60.55 Cr₹898.73₹84.79-4.73%₹186.70 (-2.48%)
Gabion Technologies India Ltd.SME₹29.16 Cr₹8112.18₹93.41+15.32%₹87.00 (+4.97%)
Admach Systems Ltd.SME₹42.60 Cr₹23919.56₹200.75-16.00%₹399.40 (+1.25%)
Apollo Techno Industries Ltd.SME₹47.96 Cr₹1309.43₹151.95+16.88%₹80.60 (-4.87%)
HRS Aluglaze Ltd.SME₹50.92 Cr₹9626.07₹132.30+37.81%₹250.00 (+0.87%)
Purple Wave Infocom Ltd.SME₹31.45 Cr₹1269.33₹130.50+3.57%₹120.00 (+0.00%)
Shining Tools Ltd.SME₹17.10 Cr₹11416.18₹98.80-13.33%₹74.82 (-4.99%)
True Colors Ltd.SME₹127.96 Cr₹19114.66₹183.05-4.16%₹155.70 (+2.77%)
L.T.Elevator Ltd.SME₹39.37 Cr₹7812.31₹142.90+83.21%₹243.00 (-2.55%)
Airfloa Rail Technology Ltd.SME₹91.10 Cr₹1409.57₹279.30+99.50%₹336.30 (+0.57%)
Taurian MPS Ltd.SME₹42.53 Cr₹17111.29₹220.50+28.95%₹358.60 (-4.22%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding capital expenditure requirements for civil construction work and towards purchase of equipment, plant and machinery for setting up new manufacturing facility at Sanand GIDC, Ahmedabad District, Gujarat70.00
2Funding long-term working capital requirements of the Company30.00
3General corporate purposes

About Mehta Hitech IPO

Mehta Hitech Industries Limited is engaged in the manufacturing of Co2 laser equipments, fiber laser equipments, CNC routers and digital printers. Co2 laser equipments contains Co2 laser engraving, cutting machine and marking machines. The company uses CNC technology, laser systems (including fiber and Co2 lasers) and digital printing solutions serving a wide range of industries, including leather, fabrics, pharma, textiles, rubber, glass, ceramics, stone, marble, woodworking, metalworking, aerospace, automotive, musical instrument manufacturing etc. The company products are being sold through their 17 sales and service offices across India, except in the state of Madhya Pradesh and West Bengal where they sell products through their distributors to a diverse range of end customers, including companies in the automotive industry, aerospace industry, electronics and electrical components, medical equipment manufacturing, signage industry, renewable energy sector, kitchenware manufacturing, heavy machinery and equipment, advertising, textile and furniture industry Competitive Strengths: Diversified and comprehensive solutions provider with a diverse range of offerings Established Trac

Contact Details

Mehta Hitech Industries Ltd. AddressPlot No. 3,Road No. 1,GIDC, Kathwada,Ahmedabad, Gujarat, 3824307486902560cs@mehtaindia.comVisit Website