Tankup Engineers IPO Details
The Tankup Engineers IPO is a book build issue with a total issue size of ₹19.53 cr, comprising of fresh issue of 1395000 equity shares. Tankup Engineers IPO opened for subscription on Apr 23, 2025 and closed on Apr 25, 2025. Tankup Engineers IPO is set price band at ₹133 to ₹140 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹280,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Apr 28, 2025, and listed on the NSE on Apr 30, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Tankup Engineers IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 133 – 140
- Lot Size
- 1000
- Issue Size
- ₹19.53 Cr
- Minimum Investment
- ₹280000 (2000 Shares)
- Listing Date
- 30 April 2025
Current GMP
₹8 (+5.71%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Tankup Engineers Limited
Tankup Engineers Limited specializes in manufacturing specialized vehicle superstructures for complex mobility and storage solutions. These include large tanks and container systems used to transport and store liquids, gases, and solids, often customized based on client requirements. The company serves various industries including petroleum, mining, infrastructure, and defence.
Key Products:
- Mobile Refuellers
- Water Sprinklers
- Mobile Service Vans
- Explosive Vans
- Tank Trucks
- Blasting Shelters
These are tailored to operate in remote or logistically challenging locations, facilitating the transport and dispensing of fuel, water, explosives, and other materials.
Technological Integration: Their mobile refuellers feature IoT-enabled modules, including dispensing units, GPS, and lock systems to allow controlled and secure distribution of fuel directly to equipment and vehicles.
Expansion Areas:
- Defence Sector: Orders from the Ministry of Defence for specialized vehicles and refuellers.
- Aviation Sector: Developed and supplied ground support equipment for commercial airlines and participated in tenders for airport ground handling equipment.
Facilities & Certifications:
- Manufacturing facility located at Goyala Industrial Area, Lucknow, on a 2665 sq. m. plot.
- Certified with ISO 9001:2015, ISO 14001:2015, ISO 45001:2018.
- Recognized by PESO and awarded MSME ZED (Zero Defect Zero Effect) certification.
Additional Services:
- Fabrication of mobile service vans/workshop containers
- Fabrication of stainless steel assemblies
- Repair and reconditioning services for mobility/storage systems
Promoters:
- Govind Prasad Lath (20 years of experience)
- Gaurav Lath (17 years)
- Pankhuri Lath (10 years)
- Corporate Promoter: Tank-up Petro Ventures LLP
Let me know if you'd like this formatted as a company profile or investor pitch!
Tankup Engineers IPO Promoters
- Govind Prasad Lath
- Gaurav Lath
- Pankhuri Lath
- Tank-Up Petro Ventures LLP
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.65%
Tankup Engineers IPO Objective
Company intend to utilize the proceeds of the Issue to meet the following objects: -
- Repayment in full or in part, of certain of our outstanding borrowings
- Funding to meet working capital requirements
- General Corporate Purpose
Address / Contact Info
Tankup Engineers Limited
1262, SA Goila, Chinhat
Lucknow-226019,
Uttar Pradesh, India.
Phone: +91-7800008707
Email: cs@tankup.co.in
Website: https://www.tankup.co.in/
IPO Snapshot
Book Running Lead Managers
- Hem Securities Limited
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.
Tankup Engineers IPO is a Book-building IPO with a total issue size of ₹19.53 crore. The Tankup Engineers IPO price band is ₹133 to 140 per share. The Tankup Engineers IPO subscription opens on Wed, Apr 23, 2025, and closes on Fri, Apr 25, 2025. The Tankup Engineers IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Tankup Engineers IPO.
The Tankup Engineers IPO opens on Wed, Apr 23, 2025 and closes on Fri, Apr 25, 2025
Tankup Engineers IPO Price Band is ₹133 to 140 per share.
Tankup Engineers IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹280000 based on the upper price band
The minimum investment for Tankup Engineers IPO is ₹280000, based on one lot of 1000 shares at the upper price band of ₹140 per share.
Investors can apply for the Tankup Engineers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Apr 25, 2025. The application amount remains blocked until the Tankup Engineers IPO allotment is finalized.
Tankup Engineers IPO issue size is ₹19.53 crores.
Tankup Engineers IPO allotment date is Wed, Jul 1, 2026.
The registrar for Tankup Engineers IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Tankup Engineers IPO allotment status, refund processing, and other IPO-related information.
The Tankup Engineers IPO GMP (Grey Market Premium) is ₹8 as of Wed, Apr 30, 2025. Based on the upper price band of ₹140 per share, the estimated Tankup Engineers IPO listing price is ₹148, indicating a potential listing gain of approximately 0% over the issue price.