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Tankup Engineers Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹140
Issue Price
₹140
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹140
GMP based
Lot Size
1,000
shares / lot
Min Amount
₹140,000
1 lot · 1,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Apr 2025
Wed Completed
Done
Close Date
25 Apr 2025
Fri Completed
Done
Allotment
28 Apr 2025
Mon Completed
Done
Refund
29 Apr 2025
Tue Completed
Done
Demat Credit
29 Apr 2025
Tue Completed
Done
Listing Date
30 Apr 2025
Wed Completed
UPI Deadline: 25 Apr 2025
Issue Details
Pricing & Size
Issue Price
₹140 Face ₹10
Lot Size
1,000 shares
Min Investment
₹140,000
Total Issue Size
13,95,000 shares (aggregating up to ₹19.53 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
70,000 (5.02%)
QIB Portion
6,43,000 (46.09%)
NII / HNI
1,94,000 (13.91%)
Retail
4,52,000 (32.40%)
Employee
-
Net Offer to Public
13,25,000 shares (aggregating up to ₹18.55 Cr)
Shareholding Pattern
Pre-Issue Shareholding
39,00,000 shares
Post-Issue Shareholding
52,95,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,000 ₹1,40,000
HNI / NII 2 2,000 ₹2,80,000
Objects of Issue
3 objectives
1
Repayment in full or in part, of certain of the outstanding borrowings;
3.50 Cr
2
Funding to meet working capital requirements
10.00 Cr
3
General Corporate Purpose
4.61 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Hem Securities Ltd
Market Maker
Hem Finlease Pvt.Ltd
IPO Timeline
Open
23 Apr
✓ Done
Close
25 Apr
✓ Done
Allotment
28 Apr
✓ Done
Listing
30 Apr
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@tankup.co.in
Phone
+91-7800008707
Address
1262, SA Goila, Chinhat, Lucknow, Uttar Pradesh, 226019
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹140
Est. Listing
₹140
Lot Size
1,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Tankup Engineers Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹140
GMP
+₹0 (+0%)
GMP Est. Listing
₹140
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 6,43,000 (46.09%) ₹900.20 Cr
NII / HNI (Total) 1,94,000 (13.91%) ₹271.60 Cr
Retail Investors 4,52,000 (32.40%) ₹632.80 Cr
Total ** 13,95,000 (100.00%) ₹19,530.00 Cr
Market Maker * 70,000 (5.02%) ₹9.80 Cr
* Based on ₹140.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
6,43,000 (46.09%)
NII
1,94,000 (13.91%)
Retail
4,52,000 (32.40%)
Market Maker
70,000 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Nov 202431 Mar 202431 Mar 2023
Revenue12.4819.5411.85
PAT0.952.570.79
EBITDA
Net Worth6.173.681.11
Total Assets17.6710.358.68
Reserves2.273.430.86
Borrowings7.593.692.57
Key Financial Ratios
107.11%
ROE
Return on Equity
46.49%
ROCE
Return on Capital Employed
69.75%
RONW
Return on Net Worth
13.23%
PAT Margin
PAT / Revenue
1.00
D/E Ratio
Debt to Equity
10.46
P/BV
Price to Book Value
6.59
Pre EPS
EPS Pre-Issue
2.68
Post EPS
EPS Post-Issue
21.26
Pre P/E
P/E Pre-Issue
52.19
Post P/E
P/E Post-Issue
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 Book
  • Stringent quality control mechanism ensuring standardized product quality
  • Experienced and Qualified Management and Employee base
Frequently Asked Questions
What is the issue price of Tankup Engineers Ltd IPO?
The issue price of Tankup Engineers Ltd IPO is ₹140 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,000 shares, requiring ₹140,000.
What are the IPO dates?
Opens 23 Apr 2025, closes 25 Apr 2025.
When is the listing date?
Tentative listing: 30 Apr 2025 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹140 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Tankup Engineers Ltd IPO · Expected 28 Apr 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
28 Apr 2025
Refund Initiation
29 Apr 2025
Demat Credit
29 Apr 2025
Listing Date
30 Apr 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹140
Face ₹10
Lot Size
1,000
shares / lot
Min Amount
₹140,000
1 lot
Est. Listing
₹140
GMP +₹0
Key Dates
Open
23 Apr Done
Close
25 Apr Done
Listing
30 Apr Done
Registrar
Bigshare Services Pvt.Ltd
A
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