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Tankup Engineers Ltd

Engineering

Offer Period :

23rd to 25th Apr 2025

Tankup Engineers Ltd IPO Details

IPO Date 23rd to 25th Apr 2025 Minimum Investment ₹140000 / 1 Lots
Listing Date 2025-04-30 Maximum Investment ₹140000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹19.53 Crores
Price ₹140 to ₹140 per share Fresh Issue ₹19.53 Crores
Lot Size 1 Lots (1000 Shares) Offer For Sale ₹ [-]
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per Share Shareholding Pre Issue 3900000 Shares
Issue Type Book Building - SME Shareholding Post Issue 5295000 Shares
IPO Date 23rd to 25th Apr 2025
Listing Date 2025-04-30
Face Value ₹10 per share
Price ₹140 to ₹140 per share
Lot Size 1 Lots (1000 Shares)
Listing At NSE-SME
Total Issue Size ₹19.53 Crores
Employee Discount ₹0 per share
Issue Type Book Building - SME
Minimum Investment ₹140000 / 1 Lots
Maximum Investment ₹140000 / 1 Lots
Fresh Issue ₹19.53 Crores
Offer For Sale ₹[-] Crores
Retail Discount ₹0 Crores
Shareholding Pre Issue 3900000 Shares
Shareholding Post Issue 5295000 Shares

About Tankup Engineers Ltd IPO

Founding Head: 2020

Managing Director: Gaurav Lath

Tankup Engineers Limited Timeline

Important dates for allocation and IPO listing.

23rd Apr

IPO Opens

25th Apr

IPO Close

28th Apr

Allotment Date

29th Apr

Initiation of Refund

29th Apr

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 100 73.65
Public Group 0 26.35

Tankup Engineers Ltd IPO Reservation

QIB Shares Offered 257200(18.44%)
NII (HNI) Shares Offered 194000(13.91%)
Retail Shares Offered 452000(32.4%)
Anchor Investor Shares Offered 385800(27.66%)
Total Shares Offered 1395000
Total Shares With Anchor Investor 1395000

Tankup Engineers Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1000 ₹140000
Retail (Max) 1 1000 ₹140000
S HNI (Min) 2 2000 ₹280000
S HNI (Max) 7 7000 ₹980000
B HNI (MIN) 8 8000 ₹1120000

Tankup Engineers Ltd IPO Anchor Investor Details

Bid Date 22 April 2025
Shares Offered 0
Anchor Portion Size 0

Tankup Engineers Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 22 6263 8200;
Email Id investor@bigshareonline.com
Our Website www.bigshareonline.com

Tankup Engineers Ltd IPO Lead Manager

1. Hem Securities Ltd

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Tankup Engineers Ltd Financial Information

Period Ended March 31, 2024 March 31, 2023 March 31, 2022
Net Worth ₹3.68 ₹1.11 ₹0.2
Reserves and Surplus ₹3.43 ₹0.86 ₹0.05
Total Borrowing ₹3.69 ₹2.57 ₹1.42

Tankup Engineers Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Qualified Institutional Buyers (QIBs) 257200 11261000 43.7831
Non Institutional Investors (NIIs) 194000 84969000 437.9845
NII(Bid amount of more than Ten Lakh Rupees) 0 0 0
NII(Bid amount of more than 2 Lakh < 10 Rupees) 194000 0 0
Retail Individual Investors (RIIs) 452000 21086000 46.6504
Total 1010000 117329000 116.1673

Strength of Tankup Engineers Ltd

1. Diverse range of product portfolio having applications across various industry verticals.

2. In-house product fabrication capabilities.

3. Sustainable Order Book.

4. Stringent quality control mechanism ensuring standardized product quality.

5. Experienced and Qualified Management and Employee base.

Risks Involved

1. The company's business is dependent on the sale of its products to certain key customers. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

2. The company is subject to strict quality requirements, customer inspections and audits, and any failures to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact its reputation and the company business and results of operations and future prospects.

3. The company derives a significant portion of its revenue from the sale of its key product i.e. Refuellers. Any decline in the sales of the company key product could have an adverse effect on its business, results of operations and financial condition.

4. Its business is substantially dependent on the company design and engineering teams to accurately carryout the estimates and engineering studies for potential orders. Any deviation during the execution of the order as compared to its estimates could have a material adverse effect on the company cashflows, results of operations and financial condition.

5. Its may be subject to risks associated with product warranty.

6. The Company was incorporated on November 03, 2020, thus, the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

7. Its manufacturing activities require deployment of labour and depend on availability of labour. In case of unavailability of such labour, the company business operations could be affected.

8. The company generate its major portion of turnover from its operations in certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on the company revenue and results of operations.

9. Any delay, interruption or reduction in the supply of raw materials to manufacture its products may adversely affect the company business, results of operations, cash flows and financial condition.

10. The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of the Company.

Why should you invest in

-

Tankup Engineers Ltd Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Tankup Engineers Limited IPO Contact Details

Tankup Engineers Limited
Phone Number +91 78000 08707
Email Id cs@tankup.co.in
Address 1262 SA Goila, Chinhat, Lucknow, Uttar Pradesh, 226019
Our Website www.tankup.co.in

Tankup Engineers Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2025-04-30 0 -
INE0Z7N01017
₹140 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹140 ₹140
Open ₹0 ₹0
Low ₹0 ₹0
High ₹0 ₹0
Low ₹0 ₹0

Frequently Asked Questions

What is Tankup Engineers Ltd IPO?

Answer Field

Tankup Engineers Ltd IPO is a SME IPO of 13,95,000 equity shares of a face value of ₹10 aggregating up to ₹19.53 Crores. The issue is priced at ₹140 to ₹140 per share. The minimum order quantity is 1000 Shares. The IPO opens on April 23, 2025, and closes on April 25, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Tankup Engineers Ltd IPO will open?

Answer Field

The Tankup Engineers Ltd IPO opens on April 23, 2025 and closes on April 25, 2025.

What is the lot size of Tankup Engineers Ltd?

Answer Field

Tankup Engineers Ltd lot size is 1000 shares, and the minimum amount required is ₹1,40,000.

How to apply for Tankup Engineers Ltd IPO?

Answer Field

You can apply in Tankup Engineers Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Tankup Engineers Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Tankup Engineers Ltd IPO will be done on April 28, 2025, and the allotted shares will be credited to your demat account by April 29, 2025.

When is Tankup Engineers Ltd IPO listing date?

Answer Field

The Tankup Engineers Ltd listing date is April 30, 2025.

Who is the registrar of Tankup Engineers Ltd IPO?

Answer Field

The registrar of Tankup Engineers Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Hem Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Tankup Engineers Ltd IPO?

Answer Field

The fresh issue size is ₹19.53 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Tankup Engineers Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1000 shares and ₹1,40,000 amount.

How can I approve the UPI mandate request for Tankup Engineers Ltd IPO?

Answer Field

To apply for Tankup Engineers Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Tankup Engineers Ltd?

Answer Field

The price of each Tankup Engineers Ltd share will be ranging in between ₹140 to ₹140 per share.

What is the cut-off time for the UPI mandate for Tankup Engineers Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, April 25, 2025.

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