Tankup Engineers IPO

Tankup Engineers Ltd

₹1,33,000 /1000 sharesMinimum Investment

Tankup Engineers IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹140.00₹175.00₹35.00 (25.00%)

Tankup Engineers IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
23 Apr ‘25 - 25 Apr ‘25₹1,33,0001,000₹133 - ₹140
Issue SizeIPO Doc
19.53Cr
RHP PDF

Subscription rate

As of 25 Apr'25, 05:00 PM
Qualified Institutional Buyers43.78x
Non-Institutional Investor437.03x
Retail Individual Investor33.15x
Employees0.28x
Total109.94x

About Tankup Engineers

Tankup Engineers Limited manufactures specialised vehicle superstructures for complex mobility and storage solutions of various capacities. This includes manufacturing large containers or tank-like solutions used for transporting or storing materials, such as liquids, gases or solids, depending on the customers’ product range. The company offers the option to custom build these tanks to meet specific client requirements relating to size, material, capacity, and features. The company’s products are used by industries such as petroleum, mining, infrastructure, and defence, among others. The tanks they manufacture include mobile refueller, water sprinkler, mobile service van, explosive van, tank truck and blasting shelter, among others. The company also claims to be engaged in the fabrication of mobile service vans/workshop containers, which are used as remote service setups for mining and infrastructure.;
Founded in
2020
Managing director
Mr. Gaurav Lath
Parent organisation
Tankup Engineers Ltd

Strengths & Financials of Tankup Engineers

Strengths
Risks
Tankup Engineers manufactures products that cater to multiple industries, such as petroleum, mining, infrastructure, defence and aviation. This diversification of revenue across multiple verticals allows it to prevent concentration in any of its product categories and consequently limits the chances of it being impacted by downturns in any particular vertical.
The company claims to be focused on quality control. It holds ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications. The company is recognised as an approved fabricator of tank trucks/refuellers by the Ministry of Commerce & Industry, Petroleum & Explosives Safety Organisation (PESO).
The company also holds MSME sustainable (ZED) certification for Zero Defect Zero Effect related to its manufacturing facility.

Tankup Engineers Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Tankup Engineers IPO

Apply asPrice bandApply upto
Regular133 - 140₹2 Lakh
Employee133 - 140₹2 Lakh
High Networth Individual133 - 140₹2 - 5 Lakh
For Tankup Engineers IPO, eligible investors can apply as Regular & Employee.
ⓒ 2016-2025 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 6.0.7
STOCK MARKET INDICES:  S&P BSE SENSEX |  BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW