Tankup Engineers Limited

Tankup Engineers Limited

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹133 - ₹140

Total Issue

₹19.53 Cr

Bid Dates

23 Apr - 25 Apr

Subscription

124.82x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Tankup Engineers IPO
Category Lots Shares Amount
Individual (Min) 1 1,000 ₹1,40,000
Individual (Max) 1 1,000 ₹1,40,000
S-HNI (Min) 2 2,000 ₹2,80,000
S-HNI (Max) 7 7,000 ₹9,80,000
B-HNI (Min) 8 8,000 ₹11,20,000
Market Maker
70,000 EQ Shares
Employee
36,000 EQ Shares
Shareholder
₹0.00

Issue Size

Total ₹19.53 Cr
Fresh Issue
₹19.53 Cr (0.14 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹140
Est. Gain 0.00%

Tankup Engineers IPO Peer Comparison

There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Tankup Engineers IPO
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

KPIs

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.

Shareholding

Promoter

0.01%

Public

99.99%

Gaurav Lath 29.50%
Tank-Up Petro Ventures LLP 70.48%

Management

Gaurav Lath MD
Pankhuri Lath CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 25-Apr-2025 19:00:05 hrs

Category Sub (x) Offered Bids
QIB 43.65x 2,58,000 1,12,61,000
NII 437.62x 1,94,000 8,48,99,000
Retail 46.65x 4,52,000 2,10,86,000
Employee 0.36x 36,000 13,000
Total 124.74x 9,40,000 11,72,59,000

Frequently Asked Questions

What is Tankup Engineers IPO?
Tankup Engineers IPO is a SME IPO having an issue size of ₹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.
When will Tankup Engineers IPO open?
Tankup Engineers IPO opens on 23 Apr 25 and closes on 25 Apr 25.
What is the GMP of Tankup Engineers IPO?
The estimated Grey Market Premium of Tankup Engineers IPO is ₹0 per share (0.00%).
What is the lot size of Tankup Engineers IPO?
The minimum lot size of Tankup Engineers IPO is 1000 shares & the minimum application amount is Rs. 140000.
When is the allotment of Tankup Engineers IPO?
The allotment date of Tankup Engineers IPO is 28 Apr 25.
What is the listing date of Tankup Engineers IPO?
The listing date of Tankup Engineers IPO is 30 Apr 25.
What is the subscription of Tankup Engineers IPO?
Tankup Engineers IPO is subscribed 124.82 times.
What is the price band of Tankup Engineers IPO?
Tankup Engineers IPO is priced at ₹133 - ₹140 per share.
How to check allotment status of Tankup Engineers IPO?
Click the allotment link on Tankup Engineers IPO page of IPO360.
How to apply Tankup Engineers IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Tankup Engineers IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Tankup Engineers IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Tankup Engineers IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date