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Tankup Engineers IPO IPO

SME23 Apr 202525 Apr 2025
Open
23 Apr 2025
Close
25 Apr 2025
3
Allotment
Listing
Wed, Apr 30, 2025
Price Band
₹133 to ₹140
Issue Size
13,95,000 shares (agg. up to ₹20 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Apr 30, 2025
Latest GMP
₹8
Est. Gain
5.71%
✦ AI Insight

GMP Trend

30-04-20258Est. ₹148+5.71%
29-04-20258Est. ₹148+5.71%
28-04-202515Est. ₹155+10.71%

Live Subscription

CategorySubscription (times)
Total88.53x

Restated Financials (₹ Cr.)

Period Ended30 Nov 202431 Mar 202431 Mar 202331 Mar 2022
Assets17.6710.358.682.32
Total Income12.4819.5411.851.40
Profit After Tax0.952.570.790.05
NET Worth6.173.681.110.20
Reserves and Surplus2.273.430.860.05
Total Borrowing7.593.692.571.42
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Indobell Insulations Ltd.SME₹10.14 Cr₹4618.24₹91.77+99.50%₹76.99 (+9.67%)
United Heat Transfer Ltd.SME₹30.00 Cr₹5913.16₹63.95+8.39%₹101.95 (-1.97%)
Sahasra Electronic Solutions Ltd.SME₹186.16 Cr₹28316.41₹564.55+99.49%₹313.00 (+1.99%)
Rappid Valves (India) Ltd.SME₹30.41 Cr₹22220.53₹309.35+39.35%₹321.30 (+0.41%)
WOL 3D India Ltd.SME₹25.56 Cr₹15014.9₹189.05+26.03%₹129.50 (+4.99%)
Paramount Speciality Forgings Ltd.SME₹32.34 Cr₹5912.1₹87.15+47.71%₹31.85 (-1.24%)
Envirotech Systems Ltd.SME₹30.24 Cr₹566.56₹111.70+99.46%₹80.50 (-1.77%)
Shubhshree Biofuels Energy Ltd.SME₹16.56 Cr₹11913.89₹198.45+66.76%₹341.00 (+0.00%)
Aeron Composite Ltd.SME₹56.10 Cr₹12523.69₹157.50+26.00%₹81.70 (-1.27%)
Associated Coaters Ltd.SME₹5.11 Cr₹12120.72₹134.90+11.49%₹92.00 (+0.00%)
Aimtron Electronics Ltd.SME₹87.02 Cr₹16127.13₹253.05+57.17%₹1,383.75 (-0.41%)
Vilas Transcore Ltd.SME₹95.26 Cr₹14713.12₹225.75+53.57%₹383.60 (+3.10%)
Storage Technologies & Automation Ltd.SME₹29.95 Cr₹7848.45₹153.05+96.22%₹39.70 (+3.93%)
Diffusion Engineers Ltd.Mainboard₹157.96 Cr₹16815.28₹203.17+20.93%₹390.35 (+0.53%)
KRN Heat Exchanger & Refrigeration Ltd.Mainboard₹341.95 Cr₹22024.78₹478.79+117.63%₹1,290.60 (-0.29%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment in full or in part, of certain of the outstanding borrowings3.50
2Funding to meet working capital requirements10.00
3General Corporate Purposes4.61
4Issue Expenses1.42
Total19.53

About Tankup Engineers IPO

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

Contact Details

Tankup Engineers Ltd. Address1262, SA GoilaChinhatLucknow, Uttar Pradesh, 226019+91-7800008707cs@tankup.co.inVisit Website