Tankup Engineers Limited
The company specializes in manufacturing custom vehicle superstructures designed for complex mobility and storage solutions. Its products include large containers and tank-like units for transporting or storing liquids, gases, or solids, tailored to specific client requirements in terms of size, material, and capacity. Serving diverse sectors such as petroleum, mining, infrastructure, and defense, the company focuses on fabricating mobile tank solutions built for commercial and industrial deployment.
Price Band₹133 - ₹140 |
Dates23 Apr - 25 Apr |
GMP₹0 (0.00%) |
Subscriptions124.82 times |
Issue Size₹19.53 Crs |
Tankup Engineers IPO Objects
- Repayment in full or in part, of certain of our outstanding borrowings
- Funding to meet working capital requirements
- General Corporate Purpose
Tankup Engineers IPO Details
Price Band₹133 - ₹140 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹19.53 Cr (0.14 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹19.53 Cr (0.14 Cr Shares) |
Face Value₹10 per equity share |
Tankup Engineers IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,000
1,40,000
Maximum
1
1,000
1,40,000
|
|||
| NII |
Minimum
2
2,000
2,80,000
|
|||
Tankup Engineers IPO Subscription
Updated as on 25-Apr-2025 19:00:05 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 43.65 | 2,58,000 | 1,12,61,000 |
| NII | 437.98 | 1,94,000 | 8,49,69,000 |
| Retail | 46.65 | 4,52,000 | 2,10,86,000 |
| Employee | 0.36 | 36,000 | 13,000 |
| Total | 124.82 | 9,40,000 | 11,73,29,000 |
Tankup Engineers IPO GMP
The estimated Grey Market Premium of Tankup Engineers IPO is ₹0 per share (0.00%)
The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not less than 15% of net offer |
| Retail | Not less than 35% of net offer |
| Market Maker | 70,000 EQ Shares |
| Employee | 36,000 EQ Shares |
Tankup Engineers IPO Financials
| Particulars | Nov-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 12.48 | 19.54 | 11.85 | 1.40 |
| Profit after Tax | 0.95 | 2.57 | 0.79 | 0.05 |
| Net Worth | 6.17 | 3.68 | 1.11 | 0.20 |
| Total Borrowing | 7.59 | 3.69 | 2.57 | 1.42 |
| Total Assets | 17.67 | 10.35 | 8.68 | 2.32 |
| NAV per share (in ₹) | 15.82 | 13.39 | 4.05 | 1.19 |
| EPS - Basic (in ₹) | 2.91 | 9.34 | 2.97 | 0.30 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 17.84% |
| PAT | 13.23% |
| RONW | 69.75% |
| ROCE | 46.49% |
| PE Ratio | 14.99 |
| PB Ratio | 10.46 |
| Mkt Cap (in Crs.) | 74.13 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Tankup Engineers IPO Peer Comparision
There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Tankup Engineers IPO Peer Comparision
There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Promoter Details
| Name | Shareholding |
|---|---|
| Gaurav Lath | 29.50% |
| Tank-Up Petro Ventures LLP | 70.48% |
| Others | 0.01% |
Management Details
| Name | Designation |
|---|---|
| Gaurav Lath | MD |
| Pankhuri Lath | CFO |
Company Details
Name: Tankup Engineers Limited
Address: 1262, SA Goila, Chinhat, Lucknow-226019, Uttar Pradesh, India.
Number: +91-7800008707
Website: www.tankup.co.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Tankup Engineers IPO is a SME IPO having an issue size of Rs. ₹19.53 Crs. Tankup Engineers IPO is priced at ₹133 - ₹140 per share. The issue opens on 23 Apr 25 and closes on 25 Apr 25.
Tankup Engineers IPO opens on 23 Apr 25 and closes on 25 Apr 25.
The estimated Grey Market Premium of Tankup Engineers IPO is ₹0 per share (0.00%).
The minimum lot size of Tankup Engineers IPO is 1000 shares & the minimum application amount is Rs. 140000.
The allotment date of Tankup Engineers IPO is 28 Apr 25.
The listing date of Tankup Engineers IPO is 30 Apr 25.
Tankup Engineers IPO is subscribed 124.82 times.
Tankup Engineers IPO is priced at ₹133 - ₹140 per share.
Click the allotment link on Tankup Engineers IPO page of IPO360.
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