New Delhi, Aug. 21 -- Hy-Tech Engineers IPO is set to open for public subscription on Monday, 2 August. The book build issue of Rs.135.73 crore combines a fresh issue and an offer for sale (OFS) in which two promoters are offloading their stakes.

Grey market trends show investors are upbeat about the issue, as the latest grey market premium (GMP) of Hy-Tech Engineers shares signalled the stock was poised for a healthy listing gain.

Hy-Tech Engineers IPO on Friday morning was Rs.22, which indicated the stock could list at Rs.75, a premium of 41.51% over the issue price.

The issue's price band has been set at Rs.50 to Rs.53 per share.

The mainboard IPO is opening for subscription on Monday, 24 August, and will conclude on Thursday, 27 A...