Tankup Engineers Ltd. IPO

Min Investment
₹ 1,40,000 / 1000 shares
Price Range
₹133 - ₹ 140
Bidding Dates
23 Apr '25 - 25 Apr '25
Total Issue Value
19.53 Cr
Lot Size
1,000
Total Issue Size
19.53 Cr
Listing At
NSE SME
Subscription
115.83 times
NSE Price
715.00 (410.71%)

IPO Timeline

  • 23 Apr 2025
    Bidding Starts
  • 25 Apr 2025
    Bidding Ends
  • 28 Apr 2025
    Allotment Finalization
  • 30 Apr 2025
    Listing

About Tankup Engineers Ltd.

We are engaged in the business of manufacturing specialised vehicle superstructure for complex mobility and storage solutions of various capacities. This involves manufacturing large containers or tank like solutions used for transporting/ storing various materials, which could include liquids, ... Read more

Parent organisation
Founded
Tankup Engineers Ltd.
2020

Tankup Engineers Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 3,85,800 (27.66%)
Employee Reserved 36,000 (2.58%)
Market Makers 70,000 (5.02%)
Non Institutional Investors 1,94,000 (13.91%)
Qualified Institutional Buyers (QIBs) 2,57,200 (18.44%)
Retail Individual Investors (RIIs) 4,52,000 (32.4%)

Tankup Engineers Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 20.47 Cr 1.52 Cr 2.76 Cr
31 Mar 2024 19.54 Cr 2.57 Cr 3.43 Cr
31 Mar 2023 11.85 Cr 78.87 Lakh 86.39 Lakh

Tankup Engineers Ltd. Background

Major Events And Milestones
  • 2021
    Incorporated as a Private Limited Company in the name and style of “Tankup Engineers Private Limited”
  • 2022
    Recognized as approved fabricator of Tank Trucks/Bouser/Refuller for fabrication by Ministry of Commerce & Industry Petroleum & Explosives Safety Organisation (PESO)
    Accredited with ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certification
  • 2023
    Designed our super structured vehicles to cater the Aviation Sector and Defense Sector
  • 2024
    Conversion of our company from Private Limited to Public Limited. As a consequence of such conversion, the name of our company was changed from "Tankup Engineers Private Limited" to "Tankup Engineers Limited".
Tankup Engineers Ltd. Object of Issues

1.Repayment in full or in part, of certain of our outstanding borrowings
2.Funding to meet working capital requirements
3.General Corporate Purpose

Tankup Engineers Ltd. IPO Listing Details
Listing Date
30 Apr 2025
NSE Symbol
TANKUP
ISIN
INE0Z7N01017
Final Issue Price
₹ 140
Tankup Engineers Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 140.00
Open - ₹ 175.00
Low - ₹ 175.00
High - ₹ 183.75
Last Trade - ₹ 183.75
Tankup Engineers Ltd. Company Promoters

1. Govind Prasad Lath
2. Gaurav Lath
3. Pankhuri Lath
4. Tank-Up Petro Ventures LLP

Industry Overview

India retained its spot as the third-largest consumer of oil in the world, as of 2023. FDI inflows in India’s petroleum and natural gas sector stood at US$ 8.19 billion between April 2000-June 2024. Diesel demand in India is expected to double to 163 MT by 2029-30, with diesel and gasoline ... Read more

Tankup Engineers Ltd. Contact Details
Address: 1262, SA Goila, Chinhat, Lucknow Uttar Pradesh - 226019
Phone no:7800008707
7800008707
|
Tankup Engineers Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Tankup Engineers Ltd. IPO Lead Manager(s)
Hem Securities Ltd.
NO. 904, A Wing, 9th Floor, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Mumbai Maharashtra - 400013
49060000

FAQs

When does Tankup Engineers Ltd. IPO opens and closes?

Tankup Engineers Ltd. IPO opens from 23rd April to 25th April 2025.

What is the size of Tankup Engineers Ltd. IPO?

The size of the Tankup Engineers Ltd. IPO is ₹19.53 Cr.

What is the price range of Tankup Engineers Ltd. IPO?

The price range of Tankup Engineers Ltd. IPO is at ₹133 to ₹140 per share.

What is the minimum investment and lot size required for the Tankup Engineers Ltd. IPO?

The minimum investment required is ₹1,40,000 and minimum lot size is 1000 shares.

When is Tankup Engineers Ltd. IPO listing date?

The Tankup Engineers Ltd. IPO will be listed on 30th April 2025.

What is the objective of Tankup Engineers Ltd. IPO?

1.Repayment in full or in part, of certain of our outstanding borrowings
2.Funding to meet working capital requirements
3.General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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