Tankup Engineers Limited

Price Range
₹133-₹140
Issue Size
₹1.95 Cr.
Min Bid
₹1,33,000.00
Max Bid
₹5,00,000.00
IPO Share On Offer
1395000
Min Qty
1000
About Tankup Engineers Limited

Tankup Engineers IPO is a bookbuilding of Rs 19.53 crores. The issue is entirely a fresh issue of 13.95 lakh shares.

Tankup Engineers IPO opens for subscription on April 23, 2025 and closes on April 25, 2025. The allotment for the Tankup Engineers IPO is expected to be finalized on Monday, April 28, 2025. Tankup Engineers IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, April 30, 2025.

 

Tankup Engineers IPO price band is set at Rs 133 to Rs 140 per share. The minimum lot size for an application is 1000. The minimum amount of investment required by retail investors is Rs 1,33,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to Rs 1,40,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to Rs 2,80,000.

Hem Securities Limited is the book-running lead manager of the Tankup Engineers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Tankup Engineers Limited Timeline
Issue open date 23 Apr 2025 10 AM
Issue close date 25 Apr 2025 5 PM
Allotment finalization 28 Apr 2025
Refund initiation 29 Apr 2025
Share credit 29 Apr 2025
Listing date 30 Apr 2025