Tankup Engineers Limited (NSE SME)
Apr 23, 2025 - Apr 25, 2025
| Price | ₹133 - ₹140 |
| Premium | ₹0 |
|---|---|
| Lot size | 1000 |
| Allotment | Apr 28, 2025 |
| Listing | Apr 30, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 140000 | 452 |
| HNI | 2 | 2000 | 280000 | 194 |
Last updated on 24-Apr-2025 08:42:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 258000 | 500000 | 1.94 |
| NIB | 194000 | 145000 | 0.75 |
| RETAIL | 452000 | 535000 | 1.18 |
| EMPRET | 36000 | 1000 | 0.03 |
| Total | 940000 | 1181000 | 1.26 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 1 |
| NIB | 27 |
| RETAIL | 535 |
| EMPRET | 1 |
| Total | 564 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 3.61 | 7 | 1.94 |
| NIB | 2.72 | 2.03 | 0.75 |
| RETAIL | 6.33 | 7.49 | 1.18 |
| EMPRET | 0.5 | 0.01 | 0.03 |
| Total | 13.16 | 16.53 | 1.26 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.4 | @8% ₹0.4 | @9% ₹0.5 | @10% ₹0.5 | @11% ₹0.6 | @12% ₹0.6 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.1 | @8% ₹0.2 | @9% ₹0.2 | @10% ₹0.2 | @11% ₹0.2 | @12% ₹0.2 |
Tankup Engineers IPO Details
| Issue Size | 13,95,000 shares (aggregating up to ₹19.53 Cr) |
| Fresh Issue | 13,95,000 shares (aggregating up to ₹19.53 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 39,00,000 shares |
| Share Holding Post Issue | 52,95,000 shares |
| Market Maker Portion | 70,000 shares |
Tankup Engineers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Key Performance Indicator (KPI)
| KPI | Nov-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 19.22% | 107.11% | 120.39% |
| ROCE | 10.63% | 46.49% | 30.30% |
| RONW | 15.35% | 62.38% | 69.75% |
| EPS (basic) | 2.91 | 9.34 | 2.97 |
| P/E Pre IPO | 21.26 | ||
| P/E Post IPO | 52.19 |
Company Financials In Crores
| Period | Nov 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 17.67 | 10.35 | 8.68 | 2.32 |
| Revenue | 12.48 | 19.54 | 11.85 | 1.4 |
| Profit | 0.95 | 2.57 | 0.79 | 0.05 |
| Net Worth | 6.17 | 3.68 | 1.11 | 0.2 |
| Reserves | 2.27 | 3.43 | 0.86 | 0.05 |
| Borrowing | 7.59 | 3.69 | 2.57 | 1.42 |
About Company
Tankup Engineers Limited, incorporated in 2020, is engaged in the manufacturing of vehicle superstructures designed for complex mobility and storage solutions. The company offers a diverse range of custom-built products, including self-bunded fuel tanks, mobile diesel bowsers, aircraft refuelers, fire tenders, and ground support equipment, tailored to client specifications in terms of size, material, capacity, and functionality. It serves a wide range of sectors such as agriculture, mining, construction, logistics, aviation, defense, and infrastructure. Tankup Engineers operates from a 2,665 sq. mtr. ISO-certified and PESO-approved facility in Lucknow, and also holds the MSME ZED (Zero Defect Zero Effect) certification, reflecting its commitment to quality and sustainable manufacturing practices. The company’s specialized offerings include IoT-enabled mobile refuellers that optimize fuel management, custom water sprinklers that enhance operational efficiency and water conservation, and mobile service vans designed for safe and efficient on-site equipment maintenance. As of March 31, 2024, the company employed approximately 45 individuals across various levels of the organization.
Hem Securities Limited
Diverse Product Portfolio: Offers a wide range of custom-built mobility and storage solutions catering to multiple sectors like agriculture, aviation, and defense.
In-House Fabrication: End-to-end manufacturing capabilities ensure quality control, customization, and cost efficiency.
Sustainable Order Book: Consistent demand across industry verticals supports steady business growth and operational stability.
Customer Concentration Risk: Dependence on a few key customers makes the business vulnerable to revenue loss if any major client is lost.
Quality Compliance Risk: Failure to meet strict quality standards or pass customer inspections may lead to order cancellations and reputational damage.
Product Dependency Risk: Heavy reliance on refueller sales means any drop in demand for this key product could significantly impact financial performance.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website:https://ipo.bigshareonline.com/IPO_Status.html