Tankup Engineers Limited

23 Apr 2025 - 25 Apr 2025 Individual Category SME NSE

Min Investment

₹140000

Price Band

₹133-₹140

Issue Size

13.95 lakhs
Equity Shares

Lot Size

1000

IPO Dates
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23 Apr 2025

Open Date

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25 Apr 2025

Close Date

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28 Apr 2025

Allotment Date

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30 Apr 2025

Listing Date

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 of 13.95 lakh equity shares. This upcoming IPO is offering entirely fresh issues. 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.

Know Before Investing

Strengths icon

  • Diverse product portfolio serving multiple industrial sectors.
  • ISO and PESO-certified manufacturing facility in Lucknow.
  • In-house fabrication capabilities with stringent quality control.

Weaknesses icon

  • Limited operational history as company established in 2020 .
  • Small employee base of only 45 personnel.
  • Single manufacturing facility potentially limiting geographical reach.

About Tankup Engineers Limited

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.

Founded

2020

Managing Director

Gaurav Lath

Parent Organization

-

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.

Company Promoters

Gaurav Lath

Pankhuri Lath

Govind Prasad Lath

Tank-Up Petro Ventures LLP

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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