Tankup Engineers IPO

Tankup Engineers is an NSE SME IPO listed on the NSE SME platform, priced at ₹133–₹140 per share. The stock debuted at ₹175, delivering a listing gain of 25.0%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,40,000.

Tankup Engineers Limited IPO

NSE SME Listed
₹1,40,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Apr 23, 2025 – Apr 25, 2025
Price band
₹133-140 per equity share
Minimum Investment
₹1,40,000
Issue size
₹19.53 Cr
Lot size
1000
Allotment Date
Apr 28, 2025
Listing
Apr 30, 2025
Listing At
NSE SME

IPO timeline

  1. Apr 23, 2025

    Open Date

    Completed

  2. Apr 25, 2025

    Close Date

    Completed

  3. Apr 28, 2025

    Allotment Date

    Completed

  4. Apr 30, 2025

    Listing Date

    Completed

Tankup Engineers IPO Essentials

Tankup Engineers IPO Details

Tankup Engineers IPO is priced at ₹133-140 per share with a total issue size of 19.53 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.

Issue price
₹133-140 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
13,95,000 shares(aggregating up to ₹19.53 Cr)
Total issue size
13,95,000 shares
(aggregating up to ₹19.53 crore)
Fresh issue
13,95,000 shares
(aggregating up to ₹19.53 crore)
Listing at
NSE SME
List price
175.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Hem Securities Limited

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 Documents

Tankup Engineers IPO Reservation

Tankup Engineers IPO reservation details show category-wise allocation of shares. Out of the total 13,95,000 shares, approximately 18.49% are reserved for QIB, 13.91% for NII, 32.4% for retail investors, 5.02% for market maker, and 27.6% for 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 Analytics

Tankup Engineers IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Tankup Engineers IPO Subscription Status

Tankup Engineers IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS Pre IPO
₹6.59/-
EPS Post IPO
₹2.68/-
P/E Pre IPO
21.26
P/E Post IPO
52.19

Returns

ROE
107.11%
ROCE
46.49%
RoNW
69.75%
PAT Margin
13.23

Fundamentals

Debt / Equity
1.00
Price / Book
10.46

Data sourced from DRHP / RHP • For educational purposes only

Tankup Engineers Financials( In Crs.)

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

Tankup Engineers Company & Offer Insights

About Tankup Engineers

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 are the company's promoters of Tankup Engineers.

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 Information

Contact Details

Tankup Engineers

+91-7800008707

cs@tankup.co.in

https://www.tankup.co.in/

1262, SA Goila, Chinhat Lucknow-226019, Uttar Pradesh

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Tankup Engineers IPO is a book-built IPO worth ₹19.53 crore. The price band is ₹133–₹140 per share. The IPO opens on Apr 23, 2025 and closes on Apr 25, 2025. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Tankup Engineers IPO is ₹133 to ₹140 per share.

The lot size of Tankup Engineers IPO is 1000 shares.

The minimum investment for Tankup Engineers IPO is approximately ₹1,40,000 based on the upper price band .

Tankup Engineers IPO opens on Apr 23, 2025 and closes on Apr 25, 2025.

The allotment date of Tankup Engineers IPO is Apr 28, 2025.

Tankup Engineers IPO is expected to be listed on Apr 30, 2025, on NSE SME Platform.

Tankup Engineers IPO valuation snapshot: P/E 52.19, EPS ₹2.68/-, P/B 10.46, RoNW 69.75%, and market cap N/A.

To apply for Tankup Engineers IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Tankup Engineers IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Tankup Engineers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Tankup Engineers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Tankup Engineers IPO allotment status on IPO Ji for quick and easy access.