Tankup Engineers IPO description – Tankup Engineers specializes in manufacturing custom vehicle superstructures for complex mobility and storage solutions of various capacities. The company produces large containers or tanks designed for transporting and storing liquids, gases, or solids, tailored to client-specific requirements for size, material, capacity, and features. Tankup Engineers serves diverse industries, including petroleum, mining, infrastructure, and defense. The company specializes in fabricating tanks for mobile solutions used in various commercial applications. Its product portfolio includes Mobile Refuellers, Water Sprinklers, Mobile Service Vans, Explosive Vans, Tank Trucks, and Blasting Shelters, catering to specific industry needs.
Tankup Engineers focuses on mobile solutions to facilitate the convenient transportation and dispensing of goods such as fuel, water, and other consumables in complex applications. These mobile tanks are designed for remote sites where access to essential products like fuel, water, or explosives is limited, such as construction sites, mining operations, and remote industrial facilities.
As of 13 March 2025, Tankup Engineers had an outstanding order book of INR 22.11 crore, comprising orders from various industries. As of 30 November 2024, the company employed approximately 61 personnel across various organizational levels.
Promoters of Tankup Engineers – Gaurav Lath, Pankhuri Lath, Govind Prasad Lath, and Tank-Up Petro Ventures LLP
Table of Contents
Tankup Engineers IPO Details
| Tankup Engineers IPO Dates | 23 – 25 April 2025 |
| Tankup Engineers Issue Price | INR 133 – 140 per share |
| Fresh issue | 13,95,000 shares (INR 18.55 – 19.53 crore) |
| Offer For Sale | NIL |
| Total IPO size | 13,95,000 shares (INR 18.55 – 19.53 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 1,40,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Tankup Engineers Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 8M FY 2025 | |
| Revenue | 1.40 | 11.81 | 19.42 | 12.45 |
| Expenses | 1.34 | 10.91 | 16.42 | 11.33 |
| Net income | 0.05 | 0.79 | 2.57 | 0.95 |
Tankup Engineers Offer News
- Tankup Engineers RHP
- Tankup Engineers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Tankup Engineers Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.30 | 2.97 | 9.34 |
| PE ratio | – | – | 14.24 – 14.99 |
| RONW (%) | 23.44 | 70.80 | 69.75 |
| NAV | 1.19 | 4.05 | 13.39 |
| ROCE (%) | 3.89 | 30.30 | 46.49 |
| EBITDA (%) | 5.82 | 10.77 | 17.84 |
| Debt/Equity | 7.22 | 2.30 | 1.00 |
Tankup Engineers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 April 2025 | 12 | – | 8,000 |
| 28 April 2025 | 8 | – | 6,000 |
| 26 April 2025 | 3 | – | 5,000 |
Tankup Engineers IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered | 2,58,000 | 1,94,000 | 4,52,000 | 36,000 | 9,40,000 |
| 25 Apr 2025 | 43.65 | 437.91 | 39.91 | 0.36 | 121.56 |
| 24 Apr 2025 | 1.94 | 3.74 | 3.57 | 0.03 | 3.02 |
| 23 Apr 2025 | 1.94 | 0.73 | 1.00 | 0.03 | 1.17 |
The market maker reservation portion of 70,000 shares and anchor investor portion of 3,85,000 shares are not included in the above calculations.
Tankup Engineers IPO Allotment Status
Tankup Engineers IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Tankup Engineers IPO Dates & Listing Performance
| IPO Opening Date | 23 April 2025 |
| IPO Closing Date | 25 April 2025 |
| Finalization of Basis of Allotment | 28 April 2025 |
| Initiation of refunds | 29 April 2025 |
| Transfer of shares to demat accounts | 29 April 2025 |
| IPO Listing Date | 30 April 2025 |
| Opening Price on NSE SME | INR 175 per share (up 25%) |
| Closing Price on NSE SME | INR 183.75 per share (up 31.25%) |
Tankup Engineers Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email: [email protected]
Website: www.hemsecurities.com
Tankup Engineers Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 62638200
Email: [email protected]
Website: www.bigshareonline.com
Tankup Engineers Contact Details
TANKUP ENGINEERS LIMITED
1262, SA Goila, Chinhat,
Lucknow-226019, Uttar Pradesh, India
Phone: +91-7800008707
E-mail: [email protected]
Website: www.tankup.co.in
IPO FAQs
What is the Tankup Engineers offer size?
Tankup Engineers offer size is INR 18.55 – 19.53 crores.
What is the Tankup Engineers offer price band?
Tankup Engineers public offer price is INR 133 – 140 per share.
What is the lot size of the Tankup Engineers IPO?
Tankup Engineers offer lot size is 1,000 shares.
What is Tankup Engineers IPO GMP today?
Tankup Engineers IPO GMP today is INR 12 per share.
What is the Tankup Engineers kostak rate today?
Tankup Engineers kostak rate today is INR NA per application.
What is Tankup Engineers IPO Subject to Sauda rate today?
Tankup Engineers Subject to Sauda rate today is INR 8,000 per application.