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Objective of the Issue
The Company Tankup Engineers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Repayment in full or in part, of certain of the outstanding borrowings.
- Funding to meet working capital requirements.
- General Corporate Purpose.
Tankup Engineers SME IPO Details, Price, Market Lot
| Tankup Engineers IPO Details | |
| IPO Open Date | 23 April 2025 |
| IPO Close Date | 25 April 2025 |
| IPO Issue Size | 13,95,000 Shares (Aggregating up to ₹19.53 Cr) |
| Fresh Issue | 13,95,000 Shares (Aggregating up to ₹19.53 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | NSE SME |
| Tankup Engineers IPO Price | |
| Face Value | ₹10 per share |
| IPO Price Band | ₹133 – ₹140 per share |
| IPO Issue Type | Book Building Issue |
| Tankup Engineers IPO Time Table (Tentative) | |
| IPO Open Date | 23 April 2025 |
| IPO Close Date | 25 April 2025 |
| Basis of Allotment Date | 28 April 2025 |
| Initiation of Refunds | 29 April 2025 |
| Credit of Share to Demat Account | 29 April 2025 |
| IPO Listing Date | 30 April 2025 |
| Company Promotor & Promotor’s Holding | |
| Gaurav Lath, Pankhuri Lath, Govind Prasad Lath and Tank-Up Petro Ventures LLP are the promoters of the company. | |
| Pre Issue Promotor Holding | 100.00% |
| Post Issue Promotor Holding | 73.65% |
| Company’s Contact & Address | |
| Tankup Engineers Limited 1262, SA Goila, Chinhat, Phone: +91-7800008707 Email: cs@tankup.co.in Website: https://www.tankup.co.in/ |
|
| Tankup Engineers IPO Registrar, Lead Manager, Prospectus | |
| Tankup Engineers IPO Prospectus | |
| IPO Registrar | |
| Bigshare Services Pvt Ltd | |
| IPO Lead Manager | |
| Hem Securities Limited | |
Tankup Engineers SME IPO Lot Size
| Number of Shares Per Lot = 1,000 Shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Minimum) | 1 | 1,000 Shares | ₹1,40,000 |
| Retail (Maximum) | 1 | 1,000 Shares | ₹1,40,000 |
| HNI (Minimum) | 2 | 2,000 Shares | ₹2,80,000 |
| Number of Shares Per Lot = | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Min) | 1 | 1,000 Shares | ₹1,40,000 |
| Retail (Max) | 1 | 1,000 Shares | ₹1,40,000 |
| HNI (Mini) | 2 | 2,000 Shares | ₹2,80,000 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 30 November 2024 | 1,766.68 | 1,247.51 | 94.70 | 617.07 | 759.37 |
| 31 March 2024 | 1035.41 | 1,954.07 | 256.88 | 368.27 | 369.34 |
| 31 March 2023 | 867.59 | 1,185.2 | 78.87 | 111.39 | 256.66 |
| 31 March 2022 | 232.29 | 139.81 | 4.60 | 19.63 | 141.78 |
| Period Ended | 30 Nov 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 1,766.68 | 1035.41 | 867.59 | 232.29 |
| Revenue | 1,247.51 | 1,954.07 | 1,185.2 | 139.81 |
| P A T | 94.70 | 256.88 | 78.87 | 4.60 |
| Net Worth | 617.07 | 368.27 | 111.39 | 19.63 |
| Borrowings | 759.37 | 369.34 | 256.66 | 141.78 |
| Amount in ₹ Lakh | ||||

