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 |
Fresh Issue |
13,95,000 shares |
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 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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