Tankup Engineers Limited IPO is opening for subscription on 23 April 2025 and will close on 25 April 2025. This SME IPO is raising ₹19.53 crore from an entire fresh issue of 13.95 lakh equity shares.
The Tankup Engineers IPO allotment date will be decided on Monday, 28 April 2025. Tankup Engineers shares will probably be listed on NSE SME on Wednesday, 30 April 2025.
The Tankup Engineers IPO price band has been set between ₹133 and ₹140 per share. The minimum number of shares or the lot size is 1000, making the minimum investment requirement for retail investors ₹133000. However, to avoid the oversubscription rush, it is advisable to bid at the cutoff price, which will make the minimum investment as ₹140000. The minimum lot size for the HNIs is 2 lots, amounting to a minimum investment of ₹280000.
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Tankup Engineers NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | April 23, 2025 |
| IPO Closing Date | April 25, 2025 |
| Tentative IPO Listing Date | April 30, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹133 to ₹140 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 1395000 Shares (₹19.53 Cr.) |
| Fresh Issue | 1395000 Shares (₹19.53 Cr.) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 3900000 shares |
| Share Holding Post-Issue | 5295000 shares |
Tankup Engineers Limited | Company Overview
Tankup Engineers Limited is a manufacturing firm that mainly deals in the superstructure of vehicles. They build the vehicle superstructures for storage solutions and complex mobility. The product line of the company includes –
- Self-bunded fuel tanks
- Aircraft refuelers
- Mobile diesel bowsers
- Fire tenders
- Ground support equipment
Tankup is mainly known for its customized tanks which it manufacturers for different purposes such as storing liquids and gases and solids too. They built the tanks as per the customers preferences and requirements.
It has a 2665 square metre facility in Lucknow which is a ISO certified facility and has PESSO approval as well.
Tankup Engineers Limited IPO | Key Details
- Tankup Engineers IPO Opening Date: April 23, 2025,
- Tankup Engineers IPO Closing Date: April 25, 2025.
- Allotment Date: 28 April 2025
- Price Band: ₹133 to ₹140 per share
- Lot Size: 1000 shares
- Refunds Initiated: April 29, 2025
- Shares Credited to Demat: April 29, 2025
- Listing Date: April 30, 2025
Tankup Engineers Ltd: Financial Overview
Tankup Engineers Limited jumped by around 225.32% in FY24, while the revenue for the period increased by around 65%.
Here are the details of the financials of firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 10.35 | 8.68 | 1.67 | 19.23963134 |
| Revenue | 19.54 | 11.85 | 7.69 | 64.89451477 |
| Profit After Tax | 2.57 | 0.79 | 1.78 | 225.3164557 |
| Net Worth | 3.68 | 1.11 | 2.57 | 231.5315315 |
| Reserve & Surplus | 3.43 | 0.86 | 2.57 | 298.8372093 |
| Total Borrowing | 3.69 | 2.57 | 1.12 | 43.57976654 |
Tankup Engineers Ltd IPO | FAQs
Tankup Engineers Ltd is engaged in developing vehicle superstructures for storage and complex mobility.
The tentative IPO listing date of Tankup Engineers has been fixed as Wednesday, April 30, 2025.
The bidding date for the Tankup Engineers IPO is April 23, 2025, and it will continue until April 25, 2025.
The minimum IPO lot size for Tankup Engineers is 1000 shares, and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Monday, April 28, 2025.
The IPO face value is set at ₹10 per share.
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