Tipco Engineering India IPO Details
The Tipco Engineering India IPO is a book build issue with a total issue size of ₹61 cr, comprising of fresh issue of 4427200 equity shares., and a offer for sale of 1355200 equity shares. Tipco Engineering India IPO opened for subscription on Mar 23, 2026 and closed on Mar 25, 2026. Tipco Engineering India IPO is set price band at ₹84 to ₹89 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹284,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Mar 27, 2026, and listed on both the NSE and BSE on Apr 01, 2026.
Maashitla Securities Pvt. Limited has been appointed as the registrar. Smart Horizon Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Tipco Engineering India 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
- ₹ 84 – 89
- Lot Size
- 1600
- Issue Size
- ₹61 Cr
- Minimum Investment
- ₹284800 (3200 Shares)
- Listing Date
- 01 April 2026
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Tipco Engineering India Limited
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.
Tipco Engineering India IPO Promoters
- Mr. Ritesh Sharma
- Ms. Sonia Sharma
Promoters Holding
Holding Pre Issue
87.19%
Holding Post Issue
0.00%
Tipco Engineering India IPO Objective
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
Book Running Lead Managers
- Smart Horizon Capital Advisors Private 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.
Tipco Engineering India IPO is a Book-building IPO with a total issue size of ₹61 crore. The Tipco Engineering India IPO price band is ₹84 to 89 per share. The Tipco Engineering India IPO subscription opens on Mon, Mar 23, 2026, and closes on Wed, Mar 25, 2026. The Tipco Engineering India IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Tipco Engineering India IPO.
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 per share.
Tipco Engineering India IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹284800 based on the upper price band
The minimum investment for Tipco Engineering India IPO is ₹284800, based on one lot of 1600 shares at the upper price band of ₹89 per share.
Investors can apply for the Tipco Engineering India 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 Wed, Mar 25, 2026. The application amount remains blocked until the Tipco Engineering India IPO allotment is finalized.
Tipco Engineering India IPO issue size is ₹61 crores.
Tipco Engineering India IPO allotment date is Wed, Jul 1, 2026.
The registrar for Tipco Engineering India IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Tipco Engineering India IPO allotment status, refund processing, and other IPO-related information.