Tankup Engineers Limited
Tankup Engineers Limited
SME NSE SME Closed

Price Band

₹133 - ₹140

Total Issue

₹20 Cr

Bid Dates

23 Apr - 25 Apr

Subscription

124.74x

Listing Price

₹183 (30.71%)

Website RHP
Check Allotment

Valuation

Market Cap

₹74.13 Cr

P/E Ratio

14.99x

P/B Ratio

10.46x

Tankup Engineers IPO Dates

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.

Lots & IPO Size

Tankup Engineers IPO Lot Size

Lot Information for Tankup Engineers IPO
Category Lots Shares Amount
Ind (Min) 1 1,000 ₹1,40,000
Ind (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
Allocate Funds
Market Maker
70,000 EQ Shares
Employee
36,000 EQ Shares
Shareholder
₹0.00

Tankup Engineers IPO Size

Total ₹20 Cr
Fresh Issue
₹20 Cr (0.14 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Repayment in full or in part, of certain of our outstanding borrowings
  2. Funding to meet working capital requirements
  3. General Corporate Purpose

Tankup Engineers IPO Live Subscription

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

Category Sub (x) Offered Bids Amount(Cr)
QIB 43.65x 2,58,000 1,12,61,000 157.65
NII 437.62x 1,94,000 8,48,99,000 1,188.59
Retail 46.65x 4,52,000 2,10,86,000 295.20
Employee 0.36x 36,000 13,000 0.18
Total 124.74x 9,40,000 11,72,59,000 1,641.63

Tankup Engineers IPO Details Live GMP

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.

Tankup Engineers IPO 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

Key Performance Indicators (KPIs)

EBITDA

17.84%

PAT

13.23%

RONW

69.75%

ROCE

46.49%

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

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

Registrar

Bigshare Services

Lead Managers (1)

Hem Securities

Company Details

Name: Tankup Engineers Limited

Address: 1262, SA Goila, Chinhat, Lucknow-226019, Uttar Pradesh, India.

Number: +91-7800008707

Email: cs@tankup.co.in

Website: www.tankup.co.in

Frequently Asked Questions (FAQs)

What is Tankup Engineers IPO?
Tankup Engineers IPO is a SME IPO having an issue size of ₹20 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 124.74 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

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