To apply for the Tankup Engineers IPO, investors need to log in to their trading account through a broker platform that supports IPO applications. Navigate to the IPO section, select "Tankup Engineers IPO," and click on the ‘Apply’ button. Enter the number of lots, provide your UPI ID, and approve the mandate before 5 PM on April 25, 2025. To check the subscription status, visit the official NSE SME IPO page or the registrar’s website—Bigshare Services Pvt Ltd—by entering your PAN or application number.
For complete details on this public offering, visit the Tankup Engineers IPO page on Bajaj Broking’s website.
Tankup Engineers IPO Application Process
The Tankup Engineers IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Tankup Engineers IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1000 shares) within the price band of ₹140 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
How to Check Tankup Engineers IPO Allotment Status?
Once the allotment for Tankup Engineers IPO is finalized, investors can check their status online using the following steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s portal for allotment status updates.
Step 2: Navigate to the IPO Allotment Status Page
Locate the specific section for IPO allotment on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the necessary details to retrieve your application status.
Step 4: Click on 'Submit' or 'Check Status'
Verify the allotment details displayed on the screen.
Step 5: Alternative Check on Stock Exchange Websites
Visit SME or NSE websites and follow the IPO allotment instructions.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in the IPO Allotment Status.
About Tankup Engineers IPO: Overview and Key Facts
Tankup Engineers Limited, established in 2020, specializes in manufacturing customized vehicle superstructures and mobile storage solutions. Their product portfolio includes self-bunded fuel tanks, mobile diesel bowsers, aircraft refuelers, fire tenders, and ground support equipment. These products are tailored to meet specific client requirements across sectors such as petroleum, mining, infrastructure, defense, and aviation. The company's manufacturing facility in Lucknow is ISO-certified and holds approvals from PESO and MSME ZED.
The company's Initial Public Offering (IPO) opened for subscription on April 23, 2025, and closed on April 25, 2025. The IPO comprised a fresh issue of approximately 13.95 lakh equity shares, with a price band set between ₹133 and ₹140 per share. The minimum lot size was 1,000 shares, requiring a minimum investment of ₹1,33,000. The shares are proposed to be listed on the NSE SME platform.
The net proceeds from the IPO are intended for repayment of certain outstanding borrowings, funding working capital requirements, and general corporate purposes. Bigshare Services Pvt Ltd is the registrar for the issue, and Hem Securities Limited is acting as the lead manager. The basis of allotment is expected to be finalized on April 28, 2025, with shares credited to demat accounts by April 29, 2025. The tentative listing date is set for April 30, 2025.
To check your application status, visit the Tankup Engineers IPO Allotment Status page on Bajaj Broking’s website.