Tankup Engineers specializes in manufacturing custom vehicle superstructures for complex mobility and storage solutions of various capacities.
The company produces large containers or tanks 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 31 July 2024, Tankup Engineers had an outstanding order book of INR 17.86 crore, comprising orders from various industries.
As of 31 March 2024, the company employed approximately 45 personnel across various organizational levels.
Tankup Engineers IPO – Details
| IPO Opening Date | 23 April 2025 |
| IPO Closing Date | 25 April 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 13,95,000 Shares Worth ₹19.53 Crore Fresh Issue: 13,95,000 Shares Worth ₹19.53 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹133 – ₹140 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Tankup Engineers IPO – Date Schedule
| IPO Open Date | 23 March 2025 |
| IPO Close Date | 25 April 2025 |
| Basis of Allotment | 28 April 2025 |
| Initiation of Refund | 29 April 2025 |
| Credit of Shares to Demat Account | 29 April 2025 |
| IPO Listing Date | 30 April 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 25, 2025 |
Tankup Engineers IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,40,000 |
| Retail (Max) | 1 | 1000 | ₹1,40,000 |
| HNI (Min) | 2 | 2000 | ₹2,80,000 |
Competitive Strengths
- Diverse range of product portfolio having applications across various industry verticals.
- In-house product fabrication capabilities.
- Sustainable Order Book.
- Stringent quality control mechanisms ensure standardized product quality.
- Experienced and Qualified Management and Employee base.
Company Promoters
- Gaurav Lath
- Pankhuri Lath
- Govind Prasad Lath
- Tank-Up Petro Ventures LLP
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 1.39 | 1.34 | 0.04 | 1.41 |
| 31 March 2023 | 11.85 | 10.90 | 0.78 | 2.56 |
| 31 March 2024 | 19.54 | 16.42 | 2.56 | 3.69 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| RoNW | – |
| PAT Margin | – |
| Price to Book Value | – |
| Pre IPO | Post IPO | |
| EPS (Rs) | – | – |
| P/E (x) | – | – |
Object Of The Issue
- Repayment in full or in part of certain of the outstanding borrowings;
- Funding to meet working capital requirements;
- General Corporate Purpose.
Tankup Engineers IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | – |
Tankup Engineers IPO Prospectus
- Tankup Engineers IPO DRHP
- Tankup Engineers IPO RHP
Company Contact Information
| Tankup Engineers Limited 1262, SA Goila, Chinhat, Lucknow-226019, Uttar Pradesh, India Phone: +91-7800008707 Email: cs@tankup.co.in Website: www.tankup.co.in |
Tankup Engineers IPO Registrar
| Bigshare Services Private Limited Phone: +91 22 62638200 Email: ipo@bigshareonline.com Website: www.bigshareonline.com |
Tankup Engineers IPO Lead Manager(s)
| 1. Hem Securities Limited |
Tankup Engineers IPO FAQs
| What is Tankup Engineers IPO? Tankup Engineers IPO is a SME IPO. The issue is priced at ₹133 to ₹140 per equity share. The IPO is to be listed on NSE SME. |
| When Tankup Engineers IPO will open? The IPO is to open on 23 April 2025 for QIB, NII, and Retail Investors. |
| What is Tankup Engineers IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Tankup Engineers IPO? You can apply Tankup Engineers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Tankup Engineers IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Tankup Engineers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Tankup Engineers IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Tankup Engineers IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Tankup Engineers IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Tankup Engineers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Tankup Engineers IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Tankup Engineers IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Tankup Engineers IPO Size? Tankup Engineers IPO size is ₹19.53 Crore. |
| What is the Tankup Engineers IPO Price Band? Tankup Engineers IPO Price Band is ₹133 to ₹140. |
| What is Tankup Engineers IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1000 Shares with ₹1,40,000 amount while the maximum bid is 1000 Shares with ₹1,40,000. |
| What is the Tankup Engineers IPO Allotment Date? Tankup Engineers IPO allotment date is 28 April 2025. |
| What is the Tankup Engineers IPO Listing Date? Tankup Engineers IPO listing date is 30 April 2025. The IPO is to be listed on NSE SME. |
