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Tankup Engineers NSE SME IPO Subscription Status

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Tankup Engineers NSE SME IPO closed on 25 April 2025 with an overall subscription of 124.67x based on shares applied. QIB demand came in at 43.65x, NII at 437.59x, and retail at 44.29x.

Allotment will be finalised on 28 April 2025. The stock is scheduled to list on NSE and BSE on 30 April 2025.

Issue Price

Rs 140.00

GMP Today

Rs 8.00 (+5.71%)

Overall Subscription

124.67x

Issue Size

₹19.53 Cr

Allotment Date

28 Apr 2025

Listing Date

30 Apr 2025

Tankup Engineers NSE SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 140.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 3.61 CrRs 157.65 Cr43.65x
NIIRs 2.72 CrRs 1,188.49 Cr437.59x
INDRs 6.33 CrRs 280.29 Cr44.29x
TotalRs 12.66 CrRs 1,626.44 Cr128.51x

Tankup Engineers NSE SME IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB2,58,0001,12,61,00043.65x
NII1,94,0008,48,92,000437.59x
IND4,52,0002,00,21,00044.29x
Total9,04,00011,61,74,000128.51x

What Do These Subscription Numbers Mean?

A subscription of 124.67x by shares means the IPO received bids for 125 times the shares reserved. Allotment odds depend on application count in each category, not share volume.

Here is what each category number tells you:

QIB at 43.65x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 43.65x, it reflects serious institutional conviction.

NII at 437.59x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.

Retail at 44.29x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.

Tankup Engineers NSE SME IPO Allotment Chances

Allotment odds below use application subscription (number of bids received), not share or amount subscribed.

Retail (IND)

  • Share subscription: 44.29x (application-wise data pending).
  • Allotment odds will be updated once application subscription is synced.

Check the Tankup Engineers NSE SME IPO Allotment Status page from 28 April 2025 for your allotment result.

Tankup Engineers NSE SME IPO GMP After Subscription

GMP for Tankup Engineers NSE SME stands at Rs 8.00 today, giving an estimated listing price of Rs 148.00 per share.

A subscription of 124.67x combined with a GMP of 5.71% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Tankup Engineers NSE SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Tankup Engineers NSE SME IPO Day-wise Subscription

DayQIBNIIRetailOverall
Day 1 - 23 Apr 20251.94x0.73x1.12x1.22x
Day 2 - 24 Apr 20251.94x3.66x3.81x3.12x
Day 3 - 25 Apr 202543.65x437.59x44.29x123.60x

Tankup Engineers NSE SME IPO Key Dates

EventDate
IPO Open Date23 April 2025
IPO Close Date25 April 2025
Allotment Date28 April 2025
Refund Initiation29 April 2025
Share Credit to Demat29 April 2025
Listing Date30 April 2025
Minimum InvestmentRs 2,80,000.00
Lot Size1000 shares

About Tankup Engineers NSE SME

Tankup Engineers Limited, started in 2020, makes special vehicle bodies for fuel and storage needs. They build products like fuel tanks, mobile diesel carriers, aircraft refuelers, fire trucks, and ground support tools. They also create custom tanks for transporting or storing liquids, gases, or solids, based on client needs.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors

High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.

IND - Individual Investors

Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.

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Tankup Engineers NSE SME IPO Subscription FAQs

What is Tankup Engineers NSE SME IPO subscription status today?

Tankup Engineers NSE SME IPO subscription closed on 25 April 2025 with overall subscription of 124.67x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 43.65x, NII 437.59x, IND 44.29x.

What is the overall subscription of Tankup Engineers NSE SME IPO?

Tankup Engineers NSE SME IPO is subscribed 124.67x overall by shares at close on 25 April 2025. QIB 43.65x, NII 437.59x, and IND 44.29x.

What is Tankup Engineers NSE SME IPO QIB subscription?

Tankup Engineers NSE SME IPO QIB (Qualified Institutional Buyers) subscription is 43.65x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Tankup Engineers NSE SME IPO IND subscription?

Tankup Engineers NSE SME IPO IND subscription is 44.29x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.

What is Tankup Engineers NSE SME IPO NII subscription?

Tankup Engineers NSE SME IPO NII (Non-Institutional Investors) subscription is 437.59x by shares. NII covers bids above Rs 2 lakh.

What are allotment chances in Tankup Engineers NSE SME IPO for retail?

Tankup Engineers NSE SME IPO retail share subscription is 44.29x. Application-wise data is needed for accurate lottery odds.

When is Tankup Engineers NSE SME IPO allotment date?

Tankup Engineers NSE SME IPO allotment date is 28 April 2025. Check Tankup Engineers NSE SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Tankup Engineers NSE SME IPO subscription close?

Tankup Engineers NSE SME IPO subscription closed on 25 April 2025. No new applications are accepted after the close.

What is Tankup Engineers NSE SME IPO GMP today?

Tankup Engineers NSE SME IPO GMP is ₹8 today (+5.71% over issue price ₹140). See live GMP on the Tankup Engineers NSE SME IPO GMP Today page.

What is Tankup Engineers NSE SME IPO issue price and lot size?

Tankup Engineers NSE SME IPO issue price is ₹140 per share. Lot size is 1000 shares. Minimum investment is ₹2,80,000 per lot (minimum 2 lots for SME). Issue size: ₹19.53 Cr.

When is Tankup Engineers NSE SME IPO listing date?

Tankup Engineers NSE SME IPO listing date is 30 April 2025 on NSE and BSE. Allotment is on 28 April 2025.

How does subscription affect Tankup Engineers NSE SME IPO allotment?

Allotment odds in Tankup Engineers NSE SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 124.67x overall, competition is very high.

For allotment results from 28 April 2025, visit the Tankup Engineers NSE SME IPO Allotment Status page. For listing day updates on 30 April 2025, download the IPOwiz App.

Reviewed by Dinesh Agrawal

15+ years in Indian capital markets and IPO research. Subscription data verified before publish.