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Tipco Engineering India IPO

Open Sme
BSE 23 March - 25 March 2026
Tipco Engineering India Limited IPO is a book build issue of 61 Cr. The issue is a combination of fresh issue of 4427200 shares aggregating to 39 Cr and offer for sale of 1355200 shares aggregating to 12 Cr. Tipco Engineering India Limited IPO opened for subscription on Mar 23, 2026 and closed on Mar 25, 2026. The allotment for the this IPO was finalized on Mar 27, 2026. IPO was listed on NSE and BSE on Apr 01, 2026. Tipco Engineering India Limited IPO is set issue price band at ₹84 to ₹89 per share.

Current GMP

₹0 (0.00%)

Price Band

₹ 84 – 89

Lot Size

1600

Issue Size

₹61 Cr

Minimum Investment

₹284800 (3200 Shares)

Listing Date

01 April 2026

Subscription

2.19x

About the Company

Incorporated in September 2021, Tipco Engineering Limited is engaged in the manufacturing and supply of industrial machinery used across multiple industries such as paints and coatings, chemicals, printing and packaging, metal processing, construction, and infrastructure.

Product Portfolio

The company manufactures a diverse range of machinery designed for various industrial processes. Its key product offerings include:

  • Bead Mills – Available in multiple variants such as Batch Type, Laboratory Type, Horizontal, Vertical, Pin-Type, Disc Type, and Dyno Mills.
  • Dispersers – Including High-Speed Dispersers, Twin-Shaft Dispersers, Triple-Shaft Dispersers, Vacuum Dispersers, Platform Dispersers, and Fixed-Type Dispersers.
  • Homogenizers – Such as In-Line Homogenizers, In-Tank Homogenizers, and High Shear Homogenizers.

Additionally, the company manufactures other industrial equipment such as:

  • Attritor Mills
  • Basket Mills
  • Sigma Mixers
  • Liquid Powder Mixing Machines

Product Categories

The company’s machinery portfolio is broadly categorized into three main series:

  1. Mill Series – Designed for grinding and milling operations in various industrial applications.
  2. Disperser Series – Used for mixing and uniformly dispersing chemical components.
  3. Homogenizer Series – Used to blend, emulsify, and break down particles to achieve uniform texture and consistency.

Manufacturing Facilities

Tipco Engineering operates two manufacturing units located at Rai Industrial Estate, Sonipat, Haryana. Each facility spans approximately 1,012.50 square meters. These units are equipped with modern manufacturing infrastructure, including:

  • Advanced CNC machines
  • Laser cutting equipment
  • Welding units
  • Polishing machines
  • Quality testing systems

Quality Certifications

The company maintains internationally recognized quality and safety standards and holds certifications such as:

  • ISO 9001:2015 – Quality Management System
  • ISO 45001:2018 – Occupational Health and Safety Management System

Turnkey Project Solutions

Apart from manufacturing machinery, Tipco Engineering also undertakes turnkey industrial projects, including the setup of:

  • Water-based and solvent-based ink manufacturing plants
  • Construction chemical production lines
  • Adhesive manufacturing plants
  • Agrochemical plant setups

Additional Services

The company provides a range of technical and operational support services, including:

  • Construction work
  • Erection and dismantling
  • Installation
  • Commissioning
  • Other related engineering services

Workforce

As of December 31, 2025, Tipco Engineering had 96 permanent employees, supporting its manufacturing operations and project execution activities.

Promoters

  1. Mr. Ritesh Sharma
  2. Ms. Sonia Sharma 
Promoters Holding

Holding Pre Issue

87.19%

Holding Post Issue

0.00%

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Repayment/prepayment of all or certain of our borrowings availed of by our Company 
  2. Working Capital Requirement of our Company 
  3. General corporate purposes

Address / Contact Info

Tipco Engineering India Ltd. Address
P.No. 1658, Phase I, Sector 38,
Industrial Estate Rai Distt.,
Sonepat, P.S.Rai,
Sonipat, Haryana, 131029
Email:investors@tipcoengineering.com
Telephone: +91 9996635489
Website:https://tipcoengineering.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 84 – 89
Lot Size1600
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 39.00 Cr
Offer for Sale₹ 12.00 Cr
Total Issue Size₹ 61.00 Cr
Listing AtBSE
IndustryEngineering - Industrial Equipments
SectorTrading
QIB Quota28.48%
BNII Quota14.34%
SNII Quota7.17%
Retail Quota50.02%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Tipco Engineering India IPO is a Book-building IPO worth ₹61 crores. The price band is ₹84 to 89 per share. The IPO opens on Mon, Mar 23, 2026 and closes on Wed, Mar 25, 2026. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.

The Tipco Engineering India IPO opens on Mon, Mar 23, 2026 and closes on Wed, Mar 25, 2026

Tipco Engineering India IPO Price Band is ₹84 to 89.

Tipco Engineering India IPO lot size is 1600, and the minimum amount required for application is ₹284800.

The minimum investment for Tipco Engineering India IPO is approximately ₹284800 based on the upper price band.

To apply for the Tipco Engineering India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Mar 25, 2026. After submission, funds are blocked until the basis of allotment of Tipco Engineering India IPO is finalised.

Tipco Engineering India IPO issue size is ₹61 crores.

Tipco Engineering India IPO allotment date is Sat, Jun 27, 2026.

The registrar for Tipco Engineering India IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to Tipco Engineering India IPO through their official website or helpline.