Tankup Engineers IPO: Date, Review, Price & Allotment Details
Tankup Engineers Limited is set to launch its IPO on the NSE SME platform, offering a fresh issue of shares to the public. This blog post provides a comprehensive overview of the IPO, including key dates, price band, allotment details, and a review of the company’s financials.
IPO Overview
Tankup Engineers is entering the capital market with an IPO to raise ₹19.53 crore. This will be achieved through the issuance of new shares. The IPO is scheduled to open on 23 April, 2025 and close on 25 April, 2025. Here are the essential details:
- IPO Open: 23 April, 2025
- IPO Close: 25 April, 2025
- Price Band: ₹133-140 per share
- Face Value: ₹10 per share
- Listing: NSE SME
- Issue Type: Book Build Issue
- Issue Size: Approx ₹19.53 Crores
- Fresh Issue: Approx ₹19.53 Crores
IPO Timeline
Subscription Details
The IPO has reserved quotas for different investor categories, ensuring broad participation:
- Retail Quota: 35%
- QIB Quota: 50%
- NII Quota: 15%
Market Lot Details
Investors can apply for shares in specific lot sizes:
Lot Size | Shares | Amount |
---|---|---|
Retail Minimum | 1000 | ₹140,000 |
Retail Maximum | 1000 | ₹140,000 |
HNI Minimum | 2000 | ₹280,000 |
IPO Dates
Mark your calendars with these important dates:
IPO Activity | Date |
---|---|
Open Date | 23 April, 2025 |
Close Date | 25 April, 2025 |
Allotment Date | 28 April, 2025 |
Refund Date | 29 April, 2025 |
Shares Credit Date | 29 April, 2025 |
Listing Date | 30 April, 2025 |
Company Financial Report (₹ Crore)
A glimpse into the financial performance of Tankup Engineers:
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|
Assets | 10.35 | 8.68 | 2.32 |
Revenue | 19.54 | 11.85 | 1.4 |
Profit After Tax | 2.57 | 0.79 | 0.05 |
Net Worth | 3.68 | 1.11 | 0.2 |
Reserves and Surplus | 3.43 | 0.86 | 0.05 |
Total Borrowing | 3.69 | 2.57 | 1.42 |
Company Information
Tankup Engineers Limited
1262, SA Goila, Chinhat Lucknow, Uttar Pradesh-226019, India
- Website: https://www.tankup.co.in/
- Phone: +91-7800008707
- Email: cs@tankup.co.in
IPO Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri(E), Mumbai – 400 059
- Website: https://ipo.bigshareonline.com/IPO_Status.html
- Phone: +91-22-6263 8200
- Email: ipo@bigshareonline.com
Frequently Asked Questions (FAQs)
Conclusion
The Tankup Engineers IPO presents an opportunity for investors to participate in the growth of an engineering company. With the IPO opening on 23 April, 2025, potential investors should review the company’s prospectus and consider their investment objectives before applying.