Tankup Engineers IPO
smelistedAbout the company
Tankup Engineers manufactures custom vehicle superstructures and mobile storage solutions for sectors like petroleum, mining, infrastructure, defense, and aviation. Their products include Mobile Refuellers, Water Sprinklers, Service Vans, and more. With a focus on mobility and smart tech (IoT, GPS), they address remote operational needs. Based in Lucknow, the company holds ISO and PESO certifications and is MSME ZED-certified for quality and sustainability.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed23 Apr 2025Bidding starts for all investor categories
IPO Closes
Completed25 Apr 2025Last day to place your bid
Basis of Allotment
Completed28 Apr 2025Share allotment finalised
Refund Initiation
Completed29 Apr 2025Refunds credited for non-allottees
Credit to Demat
Completed29 Apr 2025Allotted shares credited to demat account
Listing on Exchange
Completed30 Apr 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1000 | ₹140,000 | 1 | ₹140,000 | 1 lot only |
| HNI | 2 | 2000 | ₹280,000 | 2 | ₹280,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 36,996,336,997 | 505000 | 0 | 0.00x | 100% |
| NII | 15% | 11,098,901,099 | 151500 | 0 | 0.00x | 100% |
| Retail | 35% | 25,897,435,898 | 353500 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
