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Tankup Engineers Limited is set to launch its Rs 19.53 crore IPO. The issue will be open for applications from 23rd to 25th April. This fresh issue of 13.95 lakh shares will be listed on the NSE SME platform.
Retail investors need to invest at least Rs 1,40,000, while HNIs must apply for a minimum of Rs 2,80,000 (2,000 shares or 2 lots).
Bigshare Services Private Limited is the registrar, Hem Securities Limited is the lead manager.
Tankup Engineers Ltd IPO GMP
The latest updated GMP of Tankup Engineers Ltd IPO is Rs 7, as of 25th Apr, 2025 09:45 AM. The IPO has a price band of Rs 140. The estimated listing price for Tankup Engineers Ltd IPO is Rs 147, reflecting a potential gain of 5% per share.
| Date | GMP | Expected Listing Price | Last Updated |
| 25-04-2025 | Rs 7 | Rs 147 | 09:45 AM |
| 24-04-2025 | Rs 0 | Rs 140 | 10:15 AM |
| 23-04-2025 | Rs 0 | Rs 140 | 09:45 AM |
| 22-04-2025 | Rs 0 | Rs 140 | 11:32 AM |
| 21-04-2025 | Rs 0 | Rs 140 | 11:30 PM |
| 20-04-2025 | Rs 0 | Rs 140 | 11:30 PM |
| 19-04-2025 | Rs 0 | Rs 140 | 11:30 PM |
| 18-04-2025 | Rs 0 | Rs 140 | 11:30 PM |
| 17-04-2025 | Rs 0 | Rs 140 | 11:30 PM |
Tankup Engineers Ltd IPO Details
| Face Value | Rs 10 per Share |
| Lot Size | 1,000 Shares |
| Price Band | Rs 133 to Rs 140 |
| Listing At | NSE SME |
| Total Issue Size | 13,95,000 Shares (aggregating up to Rs 19.53 Cr) |
| Fresh Issue | 13,95,000 Shares (aggregating up to Rs 19.53 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Tankup Engineers Ltd IPO Timeline
| Opening – Closing Dates | 23rd April – 25th April |
| Cut-off Time for UPI Mandate Approval | 5 PM on 25th April |
| IPO Allotment | 28th April |
| Amount Refund | 29th April |
| Credit of Shares | 29th April |
| Listing Date | 30th April |
Tankup Engineers Ltd IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,000 | Rs 1,40,000 |
| Retail (Max) | 1 | 1,000 | Rs 1,40,000 |
| HNI (Min) | 2 | 2,000 | Rs 2,80,000 |
Tankup Engineers Ltd Company Details
Tankup Engineers Limited was incorporated in 2020 and focuses on building vehicle superstructures for advanced mobility and storage needs.
The company makes:
- Self-bunded fuel tanks
- Mobile diesel bowsers
- Aircraft refuelers
- Fire tenders
- Ground support equipment
They specialise in custom-built tanks for transporting or storing liquids, gases, or solids—designed to match client needs in size, material, and features.
Tankup serves a wide range of sectors including agriculture, mining, construction, logistics, aviation, defense, and infrastructure.
Their 2,665 sq. mtr. facility in Lucknow is ISO-certified, approved by PESO, and holds an MSME ZED certification for Zero Defect Zero Effect manufacturing.
Key Products:
- Mobile Refuellers: IoT-enabled fuel systems for smarter fuel management.
- Water Sprinklers: Custom-built for efficient and safe water use.
- Mobile Service Vans: Designed for safe, efficient equipment servicing on-site.
As of 31st March, 2024, the company has around 45 employees.
Tankup Engineers Ltd Key Finances
| Period Ended | 30th Nov, 2024 | 31st Mar, 2024 |
| Assets (in Rs Cr.) | 17.67 | 10.35 |
| Revenue (in Rs Cr.) | 12.48 | 19.54 |
| Profit After Tax (in Rs Cr.) | 0.95 | 2.57 |
Financial Performance:
Revenue: The company generated Rs 12.48 crore in revenue during the period ended on 30th November, 2024.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 6.17 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 17.67 crore as of November 2024. Assets have grown significantly, indicating potential expansion and investment.
Profit After Tax (PAT): The company generated PAT of Rs 0.95 crore as of November 2024.
Tankup Engineers Ltd IPO FAQs
- What is the issue price band of the Tankup Engineers Ltd IPO?
The issue price band for the Tankup Engineers Ltd IPO is Rs 133 to Rs 140 per share.
- What is the issue size of the Tankup Engineers Ltd IPO?
The total issue size of the IPO is Rs 19.53 crore.
- What is the lot size for the Pradeep Parivahan IPO?
Each lot consists of 1,000 shares, with a minimum investment of Rs 1,40,000.
- What are the allotment and listing dates for the Tankup Engineers Ltd IPO?
The allotment is set for 28th April, and the listing is scheduled for 30th April.
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