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Tankup Engineers IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Lucknow and caters to Engineering sector. Hem Securities is the merchant banker of Tankup Engineers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th August 2024.
Tankup Engineers IPO open date is 23rd April 2025 and close date is 25th April 2025. IPO Allotment Date is 28th April 2025 and Listing date is 30th April 2025.
IPO
Size:
₹ 19.53 Cr.
Avg IPO Size (Sector Based)
: ₹
23.06 cr.
Sector: Engineering
SME
IPO so far:
99
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Lucknow
SME
IPO so far:
3
Revenue (annualised):
₹
18.72
cr. 
PE
Ratio:
52.19x
Average Sector PE Ratio: 15.16x
Tankup Engineers IPO size is ₹ 19.53 Cr. with IPO price of ₹ 140.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Tankup Engineers IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Tankup Engineers IPO.
Tankup Engineers IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Bharat Venture Opportunities | 143,000.00 | ₹ 140.00 | ₹ 20,020,000.00 |
| FINAVENUE CAPITAL TRUST | 99,000.00 | ₹ 140.00 | ₹ 13,860,000.00 |
| Sanshi Fund-I | 143,000.00 | ₹ 140.00 | ₹ 20,020,000.00 |
Tankup Engineers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Tankup Engineers IPO, based in Lucknow, operates in the Engineering sector with a focus on manufacturing of vehicle superstructure for complex mobility and storage solutions.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Tankup Engineers IPO size is ₹ 19.53 Cr. with fresh issue size of ₹ 19.53 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Tankup Engineers IPO is expected to be 28th April 2025, after the finalization of basis of allotment. Investors can check Tankup Engineers IPO allotment status on the registrars website, Bigshare Services Private Limited. Tankup Engineers IPO refund dates are 29th April 2025.
Tankup Engineers IPO is expected to be listed on 30th April 2025.
The upper price band for the Tankup Engineers IPO is set at ₹ 140.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Tankup Engineers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Tankup Engineers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th April 2025. After submission, funds are blocked until the basis of allotment of Tankup Engineers IPO is finalised.
The merchant banker for Tankup Engineers IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tankup Engineers IPO RHP for further details.
The registrar for Tankup Engineers IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Tankup Engineers IPO through their official website or helpline.
Tankup Engineers IPO was subscribed 124.67 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 19.53 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.06 Cr.
Sector: Engineering
SME
IPO so far:
99
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Lucknow
SME
IPO so far:
3
Revenue (annualised):
₹ 18.72 cr.
PE
Ratio:
52.19x
Average Sector PE Ratio: 15.16x
Tankup Engineers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tankup Engineers Financial Review Page
Merchant Banker(s) of Tankup Engineers IPO: Hem Securities Limited
Tankup Engineers IPO subscription was 124.67 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tankup Engineers IPO listed at a listing price of 175.00 against the offer price of 140.00.
The current market price of Tankup Engineers is 183.75.
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