Tipco Engineering India IPO
Open SmeCurrent 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:
- Mill Series – Designed for grinding and milling operations in various industrial applications.
- Disperser Series – Used for mixing and uniformly dispersing chemical components.
- 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
- Mr. Ritesh Sharma
- 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.
- Repayment/prepayment of all or certain of our borrowings availed of by our Company
- Working Capital Requirement of our Company
- 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
IPO Timeline (Tentative)
IPO Open Date
Monday, 23 March 2026
IPO Close Date
Wednesday, 25 March 2026
Basis of Allotment
Friday, 27 March 2026
Initiation of Refunds
Monday, 30 March 2026
Credit of Shares to Demat
Monday, 30 March 2026
Listing Date
Wednesday, 01 April 2026 — NSE & BSE
Important Dates
Open Date
23 March 2026
Close Date
25 March 2026
Basis Of Allotment
27 March 2026
Listing Date
01 April 2026
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 114.55 | 100.96 | 65.72 | 28.04 |
| Revenue | 86.25 | 133.37 | 101.36 | 35.98 |
| Profit After Tax | 13.19 | 15.61 | 8.45 | 2.56 |
| Net Worth | 46.41 | 33.23 | 12.51 | 2.57 |
| Reserve & Surplus | 31.09 | 33.21 | 12.5 | 2.56 |
| Total Borrowings | 37.52 | 37.23 | 25.68 | 8.42 |
EPS Pre
10.19%
EPS Post
8.47%
P/E Pre
8.73
P/E (Post Issue)
10.51x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 33.12 | 68.26 | 112 | 199.01 |
| ROCE % | 24.76 | 33.27 | 30.74 | 30.83 |
| Debt / Equity | 0.81 | 1.12 | 2.05 | 3.28 |
| RoNW % | 28.41 | 46.98 | 67.49 | 99.75 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 15.35 | 11.72 | 8.34 | 7.12 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1156800 | 28.48 | 0 |
| Non-Institutional | 873600 | 21.5 | 0 |
| BNII | 582400 | 14.34 | 0 |
| SNII | 291200 | 7.17 | 0 |
| Retail Investors | 2032000 | 50.02 | 0 |
| Total | 4062400 | 100 | 0 |
Subscription Status ( Wed, 25 Mar 26 01:34 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1156800 | 3705600 | 3.2x |
| Non-Institutional | 873600 | 2875200 | 3.29x |
| BNII | 582400 | 2659200 | 4.57x |
| SNII | 291200 | 216000 | 0.74x |
| Retail Investors | 2032000 | 1350400 | 0.66x |
| Total | 4936000 | 10806400 | 2.19x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Tipco Engineering India Ltd | 10 | 0.00 | 10.88 | 10.88 | 46.98 | 21.69 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 284,800.00 |
| Retail (Max) | 2 | 3,200 | 284,800.00 |
| S-HNI (Min) | 3 | 4,800 | 427,200.00 |
| S-HNI (Max) | 7 | 11,200 | 996,800.00 |
| B-HNI (Min) | 8 | 12,800 | 1,139,200.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
RHP Document
DRHP Document
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.