Mehta Hitech Industries IPO

The Mehta Hitech Industries Initial Public Offering commenced upon filing the DRHP on 30th December 2025. It involves a 100% book-built issue that is purely in the form of a fresh issue of up to 0.62 crores of equity shares without any offer for sale. Although the price band, opening date, and closing date are set to be finalized within the RHP after this, the exchange has already received in-principle listing approvals from both the BSE and NSE from Mehta Hitech Industries' side. The book running lead manager for this public offer is Beeline Capital Advisors Pvt. Ltd and Kfin Technologies Ltd. is the registrar of the issue.

Company Background

The Mehta Hitech Industries IPO leads us into a lineage begun on June 6, 2000, as “Mehta Cad Cam Systems Private Limited.” Over two-and-a-half decades, the group has grown from a laser company to a CNC technology innovator and digital printing firm with headquarters in Ahmedabad, in the State of Gujarat, with a presence of 13 manufacturing units located at both Kathwada & Sanand, and a presence globally with exports going into over 15 international destinations.

Operations and Product Range

Boasting 25 years of expertise in the industry, the Mehta Hitech Industries IPO highlights four main verticals: CO₂ lasers for engraving, fiber lasers for cutting and metal fabrication, CNC routers for wood and digital printing for signs. It supports 3,500+ customers in the aerospace, automotive, and medical domains and delivers comprehensive engineering solutions. This broad array helps in delivering high precision in various sectors that are experiencing rapid growth.

Facilities and Capacity

In the Mehta Hitech Industries IPO, the company’s infrastructure consists of 13 units in the Kathwada and Sanand areas of Gujarat. This company is expanding rapidly because, in addition to its existing units, 10 units were established in the past three years to achieve a 29% CAGR in revenues. For the future, there is a 39,814 sq. meter facility in the pipeline at Sanand II Industrial Estate.

Brands and Market Presence

Measuring the global reach, the Mehta Hitech Industries IPO comes with the achievement of 6,500+ machines exported to 15 countries, including the USA and the Saudi government. Their premier brand in the laser and CNC division is backed by R&D facilities for customized products. They have more than 1,600 employees with the strongest market reputation as per government quality norms.

Revenue Streams and Business Model

The manufacturing of high-end laser equipment, CNC routers and digital printers guarantees Mehta Hitech significant revenues. Besides this core business, they also sell after-sales service and spare parts. The diverse sectors it addresses—automotive, textiles, and signage—are spread over the length and breadth of the country and international markets in over 15 countries. They have 15 units to keep them in good standing domestically and internationally.

Management and Shareholding

Promoters and Shareholding

The Mehta Hitech Industries IPO is promoted by Shailesh Mehta, Sangita Shailesh Mehta, Riya Mehta, Raj Shailesh Mehta and Spectron Lasers LLP. Individual promoter Shailesh Mehta, also the managing director, brings over 25 years of extensive experience in accounts and business operations within the industry. Before the issue, these promoters collectively hold 92.21% of the company's equity. Following the fresh issue of up to 0.62 crores, their percentage holding will be qualitatively diluted, though they will continue to maintain significant majority control over the company's post-issue paid-up capital.

Board and Key Management

The Mehta Hitech Industries IPO is mentored by a management team with rich experience in the industry. The management team has in its ranks Shailesh Mehta, the chairman and managing director, with more than 25 years of experience in the CNC & laser industry. The entire executive board is composed of skilled people, including Raj Shailesh Mehta, the company's Whole-Time Director.

To facilitate strong corporate governance, the company has appointed several independent directors, such as Rushabh A. Shah, Tanmay Rajendrakumar Mehta, and Marmik Girishbhai Shah, among others. The Independent Directors play a pivotal role in the Audit Committee & Risk Management, thus providing capital market investors investing in the IPO of Mehta Hitech Industries with proper accountability.