Tankup Engineers Limited IPO
NSE SMEListed On: Apr 30, 2025 at ₹ 175.0
₹ 280000
/2000 Shares
*Min Investment
23 Apr, 2025
Open Date25 Apr, 2025
Close Date28 Apr, 2025
Allotment Date30 Apr, 2025
Listing DateTankup Engineers IPO Issue Details
- Issue Price ₹133-140 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 13,95,000 shares(aggregating up to ₹19.53 crore)
- Fresh Share 13,95,000 shares(aggregating up to ₹19.53 crore)
- Listing at NSE SME
- List Price 175.0
- Listing Date 2025-04-30
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,40,000 |
| Retail(max) | 1 | 1000 | ₹1,40,000 |
| NII (min) | 2 | 2,000 | ₹2,80,000 |
Tankup Engineers IPO Reservation
Tankup Engineers IPO offers total 13,95,000 shares. Out of which 2,58,000 (18.49%) allocated to QIB, 1,94,000 (13.91%) allocated to NII,4,52,000 (32.4%) allocated to RII, NA (NA%) allocated to employees and 3,85,000 (27.6%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 3,85,000 (27.6%) | |
| Market Maker Shares Offered | 70,000 (5.02%) | |
| QIB Shares Offered | 2,58,000 (18.49%) | |
| NII (HNI) Shares Offered | 1,94,000 (13.91%) | |
| Retail Shares Offered | 4,52,000 (32.4%) | |
| Total Shares Offered | 13,95,000 (100%) |
Tankup Engineers IPO Details
Tankup Engineers Limited IPO is an SME IPO, priced at ₹133-140 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 13,95,000 equity shares, aggregating up to ₹19.53 crores..
The IPO bidding window is open from Apr 23, 2025 to Apr 25, 2025. The allotment is expected to be finalized on Apr 28, 2025, and the tentative listing date is Apr 30, 2025.
The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,40,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,80,000.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
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Tankup Engineers IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,58,000 / 1,94,000 | 4,52,000 | 940,000 |
|
Day 1
23-04-25 06:00 PM
|
1.94 / 0.73 x | 1.12 x | 1.22 x |
|
Day 2
24-04-25 06:00 PM
|
1.94 / 3.66 x | 3.81 x | 3.12 x |
|
Day 3
25-04-25 06:00 PM
|
43.65 / 437.97 x | 46.41 x | 124.70 x |
Tankup Engineers Valuations
Tankup Engineers Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 10.35 | 8.68 | 2.32 |
| Revenue | 19.54 | 11.85 | 1.40 |
| Profit After Tax | 2.57 | 0.79 | 0.05 |
| Net Worth | 3.68 | 1.11 | 0.20 |
| Reserves & Surplus | 3.43 | 0.86 | 0.05 |
| Total Borrowing | 3.69 | 2.57 | 1.42 |
About Tankup Engineers Company
Founded in 2020, Tankup Engineers Limited deals with the production of vehicle superstructure for intricate mobility and storage solutions.
The company deals in products such as self-bunded fuel tanks, mobile diesel bowsers, aircraft refuelers, fire tenders, and ground support equipment.The company deals with the production of custom-built tanks for liquid, gas, or solid transportation or storage, customized to the client's requirements in terms of size, material, capacity, and functional aspects.
The company caters to industries like agriculture, mining, construction, logistics, aviation, defense, and infrastructure.The company has a 2,665 sq. mtr. plant in Lucknow, which is ISO accredited and PESO approved, and has MSME ZED certification for Zero Defect Zero Effect production.
As of March 31, 2024, the firm has had about 45 staff members at various levels of the Organization.
Company Products:
Mobile Refuellers:IoT-based fuel solutions streamline management in various industrial sectors.
Water sprinkler:Custom water sprinklers maximize efficiency, save water, and provide safety.
Mobile Service Van:Tailor-made service vans support safe, productive on-site maintenance of equipment.
Tankup Engineers - Promoter(s)
Gaurav Lath
Pankhuri Lath
Govind Prasad Lath
Tank-Up Petro Ventures LLP
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.65%
Tankup Engineers IPO - Issue Objectives
Repayment in full or in part, of certain of the outstanding borrowings
Funding to meet working capital requirements
General Corporate Purpose
Contact Details
Tankup Engineers
1262, SA Goila, Chinhat Lucknow-226019, Uttar Pradesh
+91-7800008707
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Tankup Engineers IPO - FAQs
Ans. Tankup Engineers Limited IPO is a SME IPO. The issue is priced at ₹133-140 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Apr 23, 2025, and closes on Apr 25, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Tankup Engineers Limited IPO opens on Apr 23, 2025 and closes on Apr 25, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Tankup Engineers Limited IPO is 13,95,000 shares(aggregating up to ₹19.53 Cr).
Ans. The Tankup Engineers Limited IPO price band is set between ₹133-140 per equity share.
Ans. To apply for Tankup Engineers Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Tankup Engineers Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Tankup Engineers Limited IPO is Apr 28, 2025.
Ans. The Tankup Engineers Limited IPO will be listed on Apr 30, 2025.
Ans. Follow the steps to check the Tankup Engineers Limited IPO allotment status online.
