Tankup Engineers Ltd

Tankup Engineers Ltd IPO

Tankup Engineers Ltd IPO Price Range is ₹133 - 140, with a minimum investment of ₹1,40,000 for 1000 shares.

₹1,40,000

/ 1000 shares

Minimum Investment

View Tankup Engineers Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹133 - 140

Open Date

2025-04-23

Close Date

2025-04-25

IPO Size

₹19.53 Cr

Lot Size

1000 shares

Min Investment

₹1,40,000

Listing Exchange

NSE

Tankup Engineers Ltd IPO Application Timeline

passed
Open Date23 Apr 2025
passed
Close Date25 Apr 2025
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Allotment Date28 Apr 2025
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Listing Date30 Apr 2025

IPO Subscription Status

IPO subscribed over

🚀 116.167x

This IPO has been subscribed by 46.65x in the retail category and 43.783x in the QIB category.

Subscription Rate

Total Subscription116.167x
Retail Individual Investors46.65x
Qualified Institutional Buyers43.783x
Non Institutional Investors437.985x
NameTankup Engineers Ltdx

Strengths and Risks

Strengths

Strengths

  • Diverse range of product portfolio having applications across various industry verticals.

  • In-house product fabrication capabilities.

  • Sustainable Order Book.

  • Stringent quality control mechanism ensuring standardized product quality.

  • Experienced and Qualified Management and Employee base.


Risks

Risks

  • The companys business is dependent on the sale of its products to certain key customers. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • The company is subject to strict quality requirements, customer inspections and audits, and any failures to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact its reputation and the company business and results of operations and future prospects.

  • The company derives a significant portion of its revenue from the sale of its key product i.e. Refuellers. Any decline in the sales of the company key product could have an adverse effect on its business, results of operations and financial condition.

  • Its business is substantially dependent on the company design and engineering teams to accurately carryout the estimates and engineering studies for potential orders. Any deviation during the execution of the order as compared to its estimates could have a material adverse effect on the company cashflows, results of operations and financial condition.

  • Its may be subject to risks associated with product warranty.

  • The Company was incorporated on November 03, 2020, thus, the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

  • Its manufacturing activities require deployment of labour and depend on availability of labour. In case of unavailability of such labour, the company business operations could be affected.

  • The company generate its major portion of turnover from its operations in certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on the company revenue and results of operations.

  • Any delay, interruption or reduction in the supply of raw materials to manufacture its products may adversely affect the company business, results of operations, cash flows and financial condition.

  • The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of the Company.

How to Apply for Tankup Engineers Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Tankup Engineers Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Tankup Engineers Ltd

We are engaged in the business of manufacturing specialised vehicle superstructure for complex mobility and storage solutions of various capacities. This involves manufacturing large containers or tank like solutions used for transporting/storing various materials, which could include liquids, gases or solids, depending on customer product range. These tanks may be custom-built to meet specific client requirements regarding size, material, capacity, and features. We cater to a broad spectrum of end-use industries like: Petroleum, Mining, Infrastructure, Defence etc. Our manufacturing activity involves focus on fabrication of tanks dedicated to delivering mobile solutions that may be deployed for a wide range ofcommercial use.

Frequently Asked Questions of Tankup Engineers Ltd IPO

What is the size of the Tankup Engineers Ltd IPO?

The size of the Tankup Engineers Ltd IPO is ₹19.53 Cr.

What is the allotment date of the Tankup Engineers Ltd IPO?

Tankup Engineers Ltd IPO allotment date is Apr 28, 2025 (tentative).

What are the open and close dates of the Tankup Engineers Ltd IPO?

The Tankup Engineers Ltd IPO will open on Apr 23, 2025 and close on Apr 25, 2025

What is the lot size of Tankup Engineers Ltd IPO?

The lot size for the Tankup Engineers Ltd IPO is 1000.

When will my Tankup Engineers Ltd IPO order be placed?

Your Tankup Engineers Ltd IPO order will be placed on Apr 23, 2025

Can we invest in Tankup Engineers Ltd IPO?

Yes, once Tankup Engineers Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Tankup Engineers Ltd IPO?

The potential listing gains on the Tankup Engineers Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Tankup Engineers Ltd IPO?

'Pre-apply' for Tankup Engineers Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.