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Tankup Engineers Limited SME IPO
Issue Size (Net)
up to Rs.19.53 Cr
Price Band
Rs.133 to Rs.140 per share
Issue Opens
April 23, 2025
Issue Closes
April 25, 2025

Company Highlights

1.Company Information

Incorporated in 2020, Tankup Engineers Limited is engaged in the manufacturing of vehicle superstructure for complex mobility and storage solutions. The company offers products including self-bunded fuel tanks, mobile diesel bowsers, aircraft refuelers, fire tenders, and ground support equipment. The company specializes in manufacturing custom-built tanks for transporting or storing liquids, gases, or solids, tailored to client specifications in size, material, capacity, and functional features. The company serves sectors such as agriculture, mining, construction, logistics, aviation, defense, and infrastructure. The company operates a 2,665 sq. mtr. facility in Lucknow, accredited with ISO certifications and PESO approval, and holds MSME ZED certification for Zero Defect Zero Effect manufacturing.
Products:
Mobile Refuellers:IoT-enabled fuel solutions optimize management across multiple industrial sectors.
Water sprinkler:Custom water sprinklers enhance efficiency, conserve water, ensure safety.
Mobile Service Van:Customized service vans enable safe, efficient on-site equipment maintenance.
As on March 31, 2024, the company has employed approximately 45 employees at various levels of the Organization.

2. Strenghts

1) Diverse range of product portfolio having applications across various industry verticals.
2) In-house product fabrication capabilities.
3) Sustainable Order Book
4) Stringent quality control mechanism ensuring standardized product quality
5) Experienced and Qualified Management and Employee base

3. Objects of the Issue

The Company Infonative Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. Objects of the Issue Expected Amount (in Millions)
1. Repayment in full or in part, of certain of the outstanding borrowings; 71.28
2. To meet the working capital requirements 100
3. General Corporate Expenses

4.Tankup Engineers Limited IPO Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email:  ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

Tankup Engineers Limited IPO Financials

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Nov-24
17.67
12.48
0.95
6.17
2.27
7.59
31-Mar-24
10.35
19.54
2.57
3.68
3.43
3.69
31-Mar-23
8.68
11.85
0.79
1.11
0.86
2.57
31-Mar-22
2.32
1.4
0.05
0.2
0.05
1.42
Amount in Rs. Crore

Tankup Engineers Limited IPO Details

Issue Opening Date
April 23, 2025
Issue Closing Date
April 25, 2025
Face Value
Rs.10 per share
Price
Rs.133 to Rs.140 per share
Lot Size
1000 Shares
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)
Issue Type
Bookbuilding IPO
Listing At
NSE SME

Tankup Engineers Limited IPO Timeline

Event
Tentative Date
Opening Date
Wed, Apr 23, 2025
Closing Date
Fri, Apr 25, 2025
Basis of Allotment
Mon, Apr 28, 2025
Initiation of Refunds
Tue, Apr 29, 2025
Credit of Shares to Demat
Tue, Apr 29, 2025
Listing Date
Wed, Apr 30, 2025
Cut-off time for UPI mandate confirmation
5 PM on April 25, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
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Customer Care
+91 9350316010

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