Hi Tech Flow Solutions IPO

Hi-Tech Flow Solutions IPO has filed its DRHP on September 22, 2026 with SEBI for a proposed Hi-Tech Flow Solutions IPO comprising an Offer for Sale and a fresh issue. The current draft of Hi-Tech Flow Solutions IPO proposes an issue of up to Rs.300 crore, with the OFS being offered by promoter shareholders Ajay Kumar Bansal and Vipul Bansal, along with The Wealth Company Alternates Trust – India Inflection Opportunity Fund.

New Berry Capitals Private Limited is the lead manager and Bigshare Services Private Limited is the registrar. The company is promoted by Ajay Kumar Bansal, Vipul Bansal and Nikita Bansal. The fresh issue proceeds are proposed to be used for setting up an API-grade HSAW pipe manufacturing and 3LPE coating facility at Nagpur, repayment or prepayment of borrowings and general corporate purposes.

About Hi-Tech Flow Solutions Limited

Incorporated in April 1993, Hi-Tech Flow Solutions Limited manufactures and supplies flow solution products, mainly Helical Submerged Arc Welded (HSAW) pipes. The Company follows a B2B model and primarily serves EPC contractors involved in large pipeline and infrastructure projects. Its HSAW pipes are used in water transmission, irrigation, municipal water supply, sewerage and urban infrastructure, as well as power utilities, airports and flyovers. The Company is also expanding its product range to serve the growing requirements of the oil and gas sector. 

Hi-Tech Flow Solutions operates two manufacturing facilities in Sanand, Gujarat and Nagpur, Maharashtra, with a combined installed capacity of 160,000 MTPA. Commercial production at Sanand began in February 2019, followed by the commissioning of the Nagpur facility. The Nagpur expansion is expected to add another 30,000 MTPA, taking total capacity to 190,000 MTPA by June 2027. Over the last three Fiscals, the Company has supplied an aggregate of 154,000 MT of HSAW pipes. 

The Company has an established customer base of EPC contractors, supported by dealers and distributors, and is also a registered vendor with various infrastructure authorities. It plans to expand into API-grade HSAW pipes and 3LPE coating through the proposed Nagpur expansion. 

As of July 31, 2026, the Company had 256 permanent employees across production, maintenance, electrical, quality, sales, finance, HR and other functions.