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Tipco Engineering India IPO
1.93xsubscribed

Tipco Engineering India IPO

Engineering - Industrial Equipments
listed
₹2.69LMin. investment

Tipco Engineering India Limited IPO Details

SectorEngineering - Industrial Equipments
Price range₹84.00 – ₹89.00
IPO type
SME
Lot size1600 shares
Issue size₹61Cr
Red Herring Prospectus
Read
Market cap
₹184.83CrLower than sector avg
RevenueApr 8 - Mar 9
₹133.14CrLower than sector avg
Growth rate3Y CAGR
92.39%Higher than sector avg

Tipco Engineering India IPO Subscription Status

Date
QIB
NII
Retail
Total
23-Mar-26
1.0 times (X)
0.01 times (X)
0.01 times (X)
0.29 times (X)
24-Mar-26
1.0X
1.17X
0.03X
0.55X
25-Mar-26
3.2X
3.27X
0.63X
1.93X

As on 23-Mar-26, 5:30 PM

Tipco Engineering India IPO Timeline

  1. Pre-apply
    20 Mar 2026
  2. Bid start
    23 Mar 2026
  3. Bid end
    25 Mar 2026
  4. Allotment
    27 Mar 2026
  5. Release of funds
    30 Mar 2026
  6. Demat transfer
    30 Mar 2026
  7. Listing
    1 Apr 2026

About Tipco Engineering India Limited

Tipco Engineering India is engaged in the manufacturing and supply of industrial machinery used for grinding, dispersion, and mixing processes. It offers a wide range of equipment such as bead mills, dispersers, homogenisers, sigma mixers, and other process machinery used in industries such as paints and coatings, chemicals, printing and packaging, metal, and construction.
The company’s product portfolio is categorised into three major series: Mill series, Disperser series, and Homogeniser series. The company operates from its manufacturing facility in Sonipat, Haryana, where most production activities are conducted in-house with advanced fabrication and quality control systems.
Tipco Engineering India operates throughout India in 21 states and five Union Territories. Uttar Pradesh generated 29.17% of revenue for 9MFY26, while Haryana contributed 20.83%. The company derives most of its revenue from the domestic market, with 90.44% from domestic sales and 9.56% from exports in 9MFY26. There has been an increase in exports from 3.19% in FY23 to 9.56% in 9MFY26.
The company generates its revenue from various business sectors. The paint and coating sector delivered the highest revenue contribution of 58.12% for 9MFY26, followed by the chemical sector at 21.65%, and constructions and Infrastructures at 12.5%. As of December 31, 2025, the company’s order Book stood at ₹76.41 crore.

Checklist

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Objectives of Tipco Engineering India Limited IPO

Repayment of loan
62.50%
The company will utilise ₹30 crore for repayment of borrowings availed by the business
General corporate purposes
21.60%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Working capital
15.90%
The company will utilise ₹7.66 crore for funding the working capital requirement of the business

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹133.14Cr92.39%₹15.61Cr₹184.83Cr8.181.12
This sector (avg.)₹647.31Cr0.01%₹65.29Cr₹4,503.95Cr36.480.51
₹23,768.75Cr---₹5,287.15Cr₹3,28,209.1Cr55.020
₹28,339.48Cr---₹533.9Cr₹91,473.81Cr99.560.36
₹4,287.44Cr---₹1,060.07Cr₹37,225.5Cr32.030.07

*Revenue for financial year 8-9. Lower P/E and D/E ratios are generally preferred.

Tipco Engineering India IPO Contact Details

Company NameTipco Engineering India Limited

How to apply for Tipco Engineering India 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.

Tipco Engineering India Limited IPO FAQs