IPO - Initial Public Offerings

 TANKUP

  

TANKUP ENGINEERS LIMITED

23 Apr, 10:00 AM

Issue Open

25 Apr, 05:00 PM

Issue Close

1000

Lot Size

₹ 133.00 – ₹ 140.00

Price Range

IPO Issue Details

Issue size 19.53 Cr
Market Price 140.00
Registrar Bigshare Services Pvt Ltd
Face Value RS.10 /- Per share
Listing at NSE

About

TANKUP ENGINEERS LIMITED
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. Competitive 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

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 1000 ₹ 1,40,000.00
S-HNI  (2 Lakh to 10 Lakh) 2 2000 ₹ 2,80,000.00
S-HNI  (2 Lakh to 10 Lakh) 7 7000 ₹ 9,80,000.00
B-HNI  (Above 10 Lakh) 8 8000 ₹ 11,20,000.00

IPO TimeLine

Open Date 23-Apr-2025
Close Date 25-Apr-2025
Basis of Allotment Date 28-Apr-2025
Initiation of Refunds 29-Apr-2025
Credit Shares to Demat A/c 29-Apr-2025
IPO Listing Date 30-Apr-2025