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Tankup Engineers Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.140.00
Issue Size:
Rs.19.53 Cr
Lot Size:
1 shares
Open Date:
April 23
Tankup Engineers Limited IPO Overview
Bidding Dates
April 23 - April 25
Min Investment
₹140
Price Range
₹140.00
Issue Size
₹19.53 Cr
IPO DRHP Doc
Company Overview
Tankup Engineers Limited, incorporated in 2020, manufactures vehicle superstructures for mobility and storage solutions. Their products include self-bunded fuel tanks, mobile diesel bowsers, aircraft refuelers, fire tenders, and ground support equipment.
IPO Timeline
Opens
Apr 23
Closes
Apr 25
Allotment
Apr 28
Refunds
Apr 29
Shares Credit
Apr 29
Listing
Apr 30
Opens
Apr 23
Closes
Apr 25
Allotment
Apr 28
Refunds
Apr 29
Shares Credit
Apr 29
Listing
Apr 30
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 43.65x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 437.62x | Oversubscribed |
| RII (Retail Individual Investors) | 46.51x | Oversubscribed |
| Total Subscription | 124.67x | Oversubscribed |
Last updated: Apr 25, 2025, 06:21 PM
Current GMP:
Rs.8
Est. Listing:
Rs.148
Est. Gain:
+5.7%
Star Rating:
★★★★★(2/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹10.35 Cr | ₹10.35 Cr | ₹8.68 Cr | ₹2.32 Cr |
| Net Worth | ₹3.68 Cr | ₹3.68 Cr | ₹1.11 Cr | ₹0.2 Cr |
| Profit After Tax | ₹2.57 Cr | ₹2.57 Cr | ₹0.79 Cr | ₹0.05 Cr |
| Reserves and Surplus | ₹3.43 Cr | ₹3.43 Cr | ₹0.86 Cr | ₹0.05 Cr |
| Revenue | ₹19.54 Cr | ₹19.54 Cr | ₹11.85 Cr | ₹1.4 Cr |
| Total Borrowing | ₹3.69 Cr | ₹3.69 Cr | ₹2.57 Cr | ₹1.42 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Diverse product portfolio across industries like Petroleum, Mining, Infrastructure, Defence, and Aviation.
- In-house fabrication with stringent quality control at every stage.
- ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and MSME ZED certified.
- Focus on producing durable, compact, and pilferage-proof designs.
- Experienced management with a focus on manufacturing and operational efficiency.
- Skilled workforce with ongoing in-house training programs.
IPO Details
Tankup Engineers IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 13,95,000 shares (aggregating up to ₹19.53 Cr) |
| IPO Date | April 23, 2025 to April 25, 2025 |
| Issue Price | ₹140 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | April 30, 2025 |
| Lot Size | 1,000 Shares |
| Share Holding Post Issue | 52,95,000 shares |
| Share Holding Pre Issue | 39,00,000 shares |
| Total Issue Size | 13,95,000 shares (aggregating up to ₹19.53 Cr) |
Tankup Engineers IPO Reservation
Share Reservation Distribution
Retail
452,000 shares (32.4%)
Anchor Investors
385,000 shares (27.6%)
QIB
258,000 shares (18.49%)
HNI (NII)
194,000 shares (13.91%)
Market Maker
70,000 shares (5.02%)
Tankup Engineers IPO Promoter Holding
| Share Holding Post Issue | 73.65% |
| Share Holding Pre Issue | 100.00% |
Tankup Engineers IPO Listing Details
| ₹140 per share |
| April 30, 2025 |
| INE0Z7N01017 |
| TANKUP |
Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹140.00 |
| High | ₹183.75 |
| Last Trade | ₹183.75 |
| Low | ₹175.00 |
| Open | ₹175.00 |
Key Dates
Open Date:April 23
Close Date:April 25
Listing Date:April 30
