Tankup Engineers IPO GMP Live, Open Date, Close Date, Price Band

  • 21-Apr-2025
  • 2 mins read
Tankup Engineers IPO

Tankup Engineers IPO GMP Live, Open Date, Close Date, Price Band

Tankup Engineers IPO open date is April 23, 2025, and the closing date is April 25, 2025. This new IPO is a book-built issue worth up to Rs 19.53 crores. This upcoming IPO is offering entirely fresh issues of up to 13,95,000 equity shares worth up to Rs 19.53 crore. 

Tankup Engineers IPO price band is Rs 133 to Rs 140 per share. As of now, the live GMP of the Tankup Engineers IPO is at 0, indicating neutral sentiment and low interest among investors for this IPO.

Tankup Engineers IPO lot size is 1000 shares, and the allotment status will be finalised on Monday, April 28, 2025. The minimum investment for retail investors is Rs 1,40,000. The registrar for the Tankup Engineers IPO is Bigshare Services Private Limited. The listing date is Wednesday, April 30, 2025.

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Tankup Engineers IPO GMP Live

Tankup Engineers IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at  Rs 140 per share. You can check the latest IPO Grey Market Premium today online.

Tankup Engineers IPO Price Band

Tankup Engineers IPO price band is Rs 133 to Rs 140 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,40,000 (140 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,80,000 (140 x 2000 shares).

Tankup Engineers Allotment Status

Tankup Engineers IPO Allotment status is available on its registrar Bigshare Services Private Limited website on Monday, April 28, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Tankup Engineers Listing Date

Tankup Engineers IPO listing date is Wednesday, April 30, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Tankup Engineers IPO: Listing Date, Lot Size, Issue Size, Price Band

IPO Date

April 23, 2025 to April 25, 2025

Listing Date

April 30, 2025

Face Value

Rs 10 per share

Issue Price Band

Rs 133 to Rs 140 per share

Lot Size

1,000 Shares

Total Issue Size

13,95,000 shares
(aggregating up to Rs 19.53 Cr)

Fresh Issue

13,95,000 shares
(aggregating up to Rs 19.53 Cr)

Issue Type

Bookbuilding IPO

Listing At

NSE SME

Share Holding Pre Issue

39,00,000 shares

Share Holding Post Issue

52,95,000 shares

Tankup Engineers Limited: About the Company

Tankup Engineers IPO Date, Price, GMP ...

Tankup Engineers Limited, established in 2020 and headquartered in Lucknow, Uttar Pradesh, specialises in the design, engineering, and fabrication of customised mobile tanks and vehicle-mounted superstructures. 

The company delivers innovative solutions for storage, transportation, dispensing, and on-site operations, catering to critical sectors such as petroleum, mining, infrastructure, defence, aviation, and construction. Its product portfolio includes mobile refuellers, water sprinklers, service vans, explosive vans, tank trucks, blasting shelters, and airport ground support equipment. 

Tankup Engineers operates a dedicated manufacturing facility spanning 2,665 square meters, enabling in-house design, fabrication, and customisation to meet diverse client requirements. 

Emphasising stringent quality control and operational efficiency, the company has built a sustainable order book and a reputation for reliable, compliant fuel management and storage systems. In 2024, Tankup Engineers transitioned to a public limited company, reflecting its growth trajectory and industry trust.

Tankup Engineers IPO Objectives

Tankup Engineers' IPO objectives include utilising the funding received from the fresh issue for repayment in full or in part of certain of the outstanding borrowings, estimated amounting to Rs 3.50 crore, estimated Rs 10 crore to meet working capital requirements and further funding into general corporate purposes.

Tankup Engineers IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Wednesday, April 23, 2025

IPO Close Date

Friday, April 25, 2025

Expected Allotment

Monday, April 28, 2025

Initiation of Refunds

Tuesday, April 29, 2025

Credit of Shares to Demat

Tuesday, April 29, 2025

Expected Listing Date

Wednesday, April 30, 2025

Cut-off time for UPI mandate confirmation

5 PM on April 25, 2025

Tankup Engineers IPO Promoter Holdings

Tankup Engineers IPO promoters are Gaurav Lath, Pankhuri Lath, Govind Prasad Lath and Tank-Up Petro Ventures LLP. Their combined shareholding before the IPO was 100%; post-IPO, their shareholdings is expected to decline to 73.65%.

Tankup Engineers Limited Financials (Amt in Rs Cr)

Period Ended

30 Nov 2024

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets

17.67

10.35

8.68

2.32

Revenue

12.48

19.54

11.85

1.4

Profit After Tax

0.95

2.57

0.79

0.05

Net Worth

6.17

3.68

1.11

0.2

Reserves and Surplus

2.27

3.43

0.86

0.05

Total Borrowing

7.59

3.69

2.57

1.42

Lead Manager and Registrar of Tankup Engineers IPO

Tankup Engineers lead manager is Hem Securities Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply for the Tankup Engineers IPO

Interested investors who want to apply for the Tankup Engineers IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website by visiting here. You can also check the details of the upcoming IPO on the Bigul platform.

Tankup Engineers IPO FAQs

1. What are the core details available of the Tankup Engineers IPO?

Tankup Engineers IPO is a book-built issue worth up to Rs 19.53 crores. The price band for this IPO is Rs 133 to Rs 140 per share. This upcoming IPO is offering entirely a fresh issue of 13,95,000 equity shares worth up to Rs 19.53 crore.

2. What is the Tankup Engineers IPO open date and close date?

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

3. What is Tankup Engineers IPO GMP Live?

Tankup Engineers IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same or near the allotment price, which is Rs 140 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Tankup Engineers IPO Allotment status is available on its registrar, Bigshare Services Private Limited website. Once the IPO subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Tankup Engineers IPO?

Tankup Engineers IPO lead manager is Hem Securities Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

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