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Tankup Engineers Ltd

Tankup Engineers Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹140
₹140
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹140
Based on GMP
Min. Investment
₹140,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Apr 2025
Close Date
25 Apr 2025
Allotment
28 Apr 2025
Listing Date
30 Apr 2025
Exchange
NSE SME
Price Band
₹140
Listing Price
See chart
Allotment Status
Price Band
₹140
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
13,95,000 shares (aggregating up to ₹19.53 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
39,00,000 shares
Promoters
Post-IPO Holding
52,95,000 shares
Promoters
P/E (Pre)
21.26x
 
P/E (Post)
52.19x
 
EPS (Pre)
₹6.59
 
EPS (Post)
₹2.68
 
UPI Deadline
2025-04-25
Mandate
Anchor AllotmentTue, 22 Apr 2025
Basis of AllotmentMon, 28 Apr 2025
Refund InitiationTue, 29 Apr 2025
Demat CreditTue, 29 Apr 2025
Listing DayWed, 30 Apr 2025
UPI Mandate Deadline2025-04-25
Sale TypeFresh Capital
Net Offer to Public13,25,000 shares (aggregating up to ₹18.55 Cr)
Market Maker Quota70,000 shares (aggregating up to ₹0.9800 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Tankup Engineers Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Apr 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
70,000
₹0.98
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,395,000
100% ₹19.53
IPO Shares Offered
Tankup Engineers Ltd IPO total issue size: ₹19.53 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 70,000 ₹0.98
5.02%
Total 1,395,000 ₹19.53
100.00%
* Based on upper price band ₹140 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹140.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹280,000
Retail (Max — 13 Lots)1313,000₹1,820,000
S-HNI (Min — 14 Lots)1414,000₹1,960,000
B-HNI (Min — 68 Lots)6868,000₹9,520,000
* Issue Price ₹140 × Lot Size 1,000 shares
IPO Schedule
Anchor
22 Apr 2025
✓ Done
IPO Open
23 Apr 2025
✓ Done
IPO Close
25 Apr 2025
✓ Done
Allotment
28 Apr 2025
✓ Done
Refunds
29 Apr 2025
✓ Done
Demat Credit
29 Apr 2025
✓ Done
Listing Day
30 Apr 2025
✓ Done
Tankup Engineers Ltd — Live Price LIVE
₹140.00
INR · NSE
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Issue ₹140.00 Live Price
About Tankup Engineers Ltd
Incorporated in 2020, Tankup Engineers Limited is engaged in the manufacturing of vehicle superstructure for complex mobility and storage solutions.The company offers products including self-bunded fuel tanks, mobile diesel bowsers, aircraft refuelers, fire tenders, and ground support equipment.The company specializes in manufacturing custom-built tanks for transporting or storing liquids, gases, or solids, tailored to client specifications in size, material, capacity, and functional features.The company serves sectors such as agriculture, mining, construction, logistics, aviation, defense, and infrastructure.The company operates a 2,665 sq. mtr. facility in Lucknow, accredited with ISO certifications and PESO approval, and holds MSME ZED certification for Zero Defect Zero Effect manufacturing.Products:Mobile Refuellers:IoT-enabled fuel solutions optimize management across multiple industrial sectors.Water sprinkler:Custom water sprinklers enhance efficiency, conserve water, ensure safety.Mobile Service Van:Customized service vans enable safe, efficient on-site equipment maintenance.As on March 31, 2024, the company has employed approximately 45 employees at various levels of the Organization.Competitive Strengths:Diverse range of product portfolio having applications across various industry verticals.In-house product fabrication capabilities.Sustainable Order BookStringent quality control mechanism ensuring standardized product qualityExperienced and Qualified Management and Employee base
Objects of the Issue
1
Repayment in full or in part, of certain of the outstanding borrowings;
2
Funding to meet working capital requirements
3
General Corporate Purpose
Tankup Engineers Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹11.9
31 Mar 2023
₹19.5
31 Mar 2024
₹12.5
30 Nov 2024
Profit After Tax (PAT)
₹0.8
31 Mar 2023
₹2.6
31 Mar 2024
₹1.0
30 Nov 2024
Particulars30 Nov 202431 Mar 202431 Mar 2023
Revenue from Operations 12.48 19.54 11.85
EBITDA N/A N/A N/A
Profit After Tax (PAT) 0.95 2.57 0.79
Net Worth 6.17 3.68 1.11
Total Assets 17.67 10.35 8.68
Reserves & Surplus 2.27 3.43 0.86
Borrowings 7.59 3.69 2.57
EBITDA Margin (%) N/A
PAT Margin (%) 13.23%
P/BV Ratio
10.46
RoE
107.11%
RoCE
46.49%
RoNW
69.75%
PAT Margin
13.23%
Debt/Equity
1.00
Issue Structure & Shareholding
Total Shares Offered13,95,000 (100.00%)
Net Offer to Public13,25,000 shares (aggregating up to ₹18.55 Cr)
Reserved for Market Maker70,000 shares (aggregating up to ₹0.9800 Cr)
Pre-Issue Promoter Holding39,00,000 shares
Post-Issue Promoter Holding52,95,000 shares
P/BV Ratio10.46
RoE107.11%
RoCE46.49%
Debt / Equity1.00
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Tankup Engineers Ltd IPO subscribed?

Tankup Engineers Ltd IPO is subscribed 1.00 times by Apr 25, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Tankup Engineers Ltd IPO retail subscription status?

The Tankup Engineers Ltd IPO retail category is subscribed 1.00 times as of 25 Apr 2025. The retail portion is oversubscribed.

How to subscribe Tankup Engineers Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Apr 2025 and closes 25 Apr 2025. Min investment: ₹140,000 (1 lot = 1,000 shares). UPI mandate: 2025-04-25.

How many times Tankup Engineers Ltd IPO subscribed?

The Tankup Engineers Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Tankup Engineers Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Apr 2025. Refunds: on 29 Apr 2025.

When Tankup Engineers Ltd IPO will be listed?

The Tankup Engineers Ltd IPO listing date is 30 Apr 2025, Wednesday. Listed on: NSE SME. Issue price: ₹140. Estimated listing: ₹140. GMP: NIL.

When Tankup Engineers Ltd IPO close?

The Tankup Engineers Ltd IPO closes on 25 Apr 2025, Friday. UPI mandate: 2025-04-25. Allotment: 28 Apr 2025. Listing: 30 Apr 2025.