Tankup Engineers NSE SME: Check IPO Date, Live Subscription and Key Details
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. Their customers include industries like farming, mining, construction, transport, aviation, defense, and infrastructure.
Price Range
₹133.00 - ₹140.00
Issue Size
₹19.53 Cr
Lot Size
1,000 shares
IPO Type
NSE SME
GMP
₹8(+5.71%)
Est. Listing Price
₹148
Estimate Profit
₹16,000
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
2.68
P/E Ratio
52.19
RoNW
69.75%
ROE
107.11%
Debt to Equity
1
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Timeline
IPO Opens
23 Apr
IPO Closes
25 Apr
Allotment
28 Apr
Listing
30 Apr
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 23 April 2025 | Subscription starts |
| IPO Close Date | 25 April 2025 | Subscription ends |
| Allotment Date | 28 April 2025 | Allotment |
| Listing Date | 30 April 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,80,000 |
SHNI (Min) | 3 | ₹4,20,000 |
SHNI (Max) | 7 | ₹9,80,000 |
BHNIAbove ₹10,00,000 | 8 | ₹11,20,000 |
IPO Objectives
- Repayment in full or in part, of certain of the outstanding borrowings
- Funding to meet working capital requirements
- General Corporate Purposes.
Strengths
- Tankup has reduced its dependence on petroleum by expanding into infrastructure and other sectors.
- It is a market leader in mobile refuellers, especially in remote areas.
- In-house manufacturing helps maintain quality, cut costs, and meet deadlines.
- A skilled team supports smooth operations and reliable project delivery.
Weaknesses
- Relying heavily on mobile refuellers makes the business vulnerable to risks in that segment.
- Ongoing legal matters may affect its image and operations.
- Limited reach to certain regions hampers growth and scalability.
- High working capital needs may pressure finances during expansion.
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Financial Performance
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 17.67 | 10.35 | 8.68 | 2.32 |
| Revenue (₹ Cr.) | 12.48 | 19.54 | 11.85 | 1.4 |
| PAT (₹ Cr.) | 0.95 | 2.57 | 0.79 | 0.05 |
| Net Worth (₹ Cr.) | 6.17 | 3.68 | 1.11 | 0.2 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1.94x | 1.94x | 43.65x |
| NII | 0.73x | 3.66x | 437.59x |
| RII | 1.12x | 3.81x | 44.29x |
| Total | 1.22x | 3.12x | 123.6x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 2,58,000 | 1,12,61,000 | 157.65 |
| NII | 1,94,000 | 8,48,92,000 | 1,188.49 |
| RII | 4,52,000 | 2,00,21,000 | 280.29 |
| Total | 9,40,000 | 11,61,87,000 | 1,626.62 |
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Company Details
- Tankup Engineers
- 1262, SA Goila, Chinhat Lucknow-226019, Uttar Pradesh
- +91-7800008707
- cs@tankup.co.in
- https://www.tankup.co.in/
Registrar Details
- Bigshare Services Pvt Ltd
- +91-22-6263 8200
- ipo@bigshareonline.com
- https://ipo.bigshareonline.com/ipo_status.html
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