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Tankup Engineers IPO

Tankup Engineers IPO

listed
₹1.33LMin. investment

Tankup Engineers Limited IPO Details

Price range₹133 – ₹140
IPO type
SME
Lot size1000 shares
Issue size₹10,10,000Cr
Red Herring Prospectus
Read
Market cap
₹74.13CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹19.41CrLower than sector avg
Growth rate3Y CAGR
140%

Tankup Engineers IPO Timeline

  1. Pre-apply
    22 Apr 2025
  2. Bid start
    23 Apr 2025
  3. Bid end
    25 Apr 2025
  4. Allotment
    28 Apr 2025
  5. Release of funds
    29 Apr 2025
  6. Demat transfer
    29 Apr 2025
  7. Listing
    30 Apr 2025

About Tankup Engineers Limited

Tankup Engineers manufactures custom vehicle superstructures and mobile storage solutions for sectors like petroleum, mining, infrastructure, defense, and aviation. Their products include Mobile Refuellers, Water Sprinklers, Service Vans, and more. With a focus on mobility and smart tech (IoT, GPS), they address remote operational needs. Based in Lucknow, the company holds ISO and PESO certifications and is MSME ZED-certified for quality and sustainability.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Tankup Engineers Limited IPO

Working capital requirements
51.20%
The company will allocate ₹10 Cr for its own working capital needs.
Repayment of borrowings
17.92%
The company will use ₹3.50 Cr to repay some of its outstanding borrowings.
General corporate purposes
Not assigned
Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹19.41Cr140%₹2.56Cr₹74.13Cr14.981.00
This sector (avg.)₹1,144.44Cr---₹15.83Cr₹2,047.62Cr33.101.03
₹641.12Cr---₹144.93Cr₹12,675.03Cr66.710.06
₹4,025.5Cr---₹17.34Cr₹1,619.21Cr77.291.57
₹5,541.23Cr----₹10.46Cr₹771.15Cr---1.44

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Tankup Engineers IPO Contact Details

Company NameTankup Engineers Limited

How to apply for Tankup Engineers IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Tankup Engineers Limited IPO FAQs

Investors can apply for the Tankup Engineers IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Tankup Engineers IPO is 1010000 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Tankup Engineers IPO will be open between 2025-04-23 and 2025-04-25.
Tankup Engineers IPO allotment date is 2025-04-29. For Tankup Engineers IPO allotment status check, you can visit the website of the registrar of the IPO.
For Tankup Engineers IPO, the IPO registrar is BIGSHARE SERVICES PRIVATE LIMITED. You can check Tankup Engineers IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Tankup Engineers IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Tankup Engineers IPO lot size is 1000 and minimum order quantity is 1000.
Tankup Engineers IPO has set the price band for its IPO at 140 per equity share with a face value of 10.