HI-TECH FLOW SOLUTIONS FILES ₹300 CRORE IPO PAPERS TO EXPAND PIPE MANUFACTURING

Hi-Tech Flow Solutions has filed preliminary IPO documents with SEBI for a proposed fresh issue of up to ₹300 crore, alongside an offer for sale by promoters and an investor. The company manufactures Helical Submerged Arc Welded pipes and provides flow-solution products for large infrastructure and pipeline projects. Around ₹126 crore from the fresh issue is proposed to be used for establishing an API-grade HSAW pipe manufacturing facility and a 3LPE coating unit at its existing Nagpur facility, while approximately ₹90 crore is intended for debt repayment. The proposed IPO therefore has a clear industrial-expansion component rather than being purely an investor-exit transaction. The company reported FY26 revenue of about ₹417 crore and net profit of approximately ₹36.4 crore. Its customers include engineering, procurement and construction contractors working on major pipeline and infrastructure projects. The planned investment illustrates how India’s infrastructure cycle is creating demand for specialised industrial manufacturers supplying pipes, coatings and related equipment. If successful, the IPO could provide Hi-Tech Flow Solutions with additional manufacturing capacity while reducing leverage.