Tankup Engineers aims to raise Rs 19.53 Crores through this offering, with a fresh issue of 13,95,000 Equity Shares entirely a fresh issue . The face value of the equity shares Rs 10 each, with a price band ranging from Rs 133 to Rs 140 per share. The minimum order quantity is 2000 shares, translating to a minimum investment of Rs 280000. Retail quota is not less then 35%, QIB is not more then 50% and HNI is not less then 15% .Tankup Engineers IPO List on NSE on 30 April 2025
The book running lead manager for this IPO is Hem Securities Limited, ensuring a smooth and efficient process for all investors. HDFC Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is Bigshare Services Private Limited, offering reliable services for all share-related processes.
Tankup Engineers IPO Key Dates
Tankup Engineers IPO Open Date is 23 April 2025 and Close Date is 25 April 2025.
| IPO Open Date | 23 April 2025 |
| IPO Close Date | 25 April 2025 |
| Allotment | 28 April 2025 |
| Credit of Shares | 29 April 2025 |
| Listing Date | 30 April 2025 |
Tankup Engineers IPO Financial Information
All the figures below are in Crores.
| 30-Nov-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
|---|---|---|---|---|
| Assent | 17.6 | 10.36 | 8.68 | 2.33 |
| Borrowing | 7.59 | 3.69 | 2.57 | 1.4 |
| Reserve | 2.27 | 3.43 | 0.86 | 0.05 |
| Income | 12.47 | 19.55 | 11.85 | 13.99 |
| Expenses | 11.32 | 16.42 | 10.90 | 1.34 |
| PBT | 1.14 | 3.11 | 0.94 | 0.05 |
| PAT | 0.94 | 2.56 | 0.78 | 0.04 |
Tankup Engineers IPO Key Indicator
All the figures provided below are based on the financial Statement as of March 2024
| EPS(D) | 9.34 |
| RoNW | 69.75% |
| NAV | 13.39 |
| PAT Margin | 13.23% |
| P/E(D) | |
| ROE | 21.56 |
| ROCE | 46.49% |
Tankup Engineers Management
| Name | Designation |
|---|---|
| Gaurav Lath | Managing Director |
| Pankhuri Lath | Whole-Time Director and Chief Financial Officer |
| Govind Prasad Lath | Chairman, Non-Executive Director |
| Subodh Dakwale | Non-Executive Director |
| Rakesh Gupta | Independent Director |
| Brajesh Kumar Singh | Independent Director |
Object of the Issue
The issue comprises of a fresh Issue of up to 13,95,000 Equity Shares of Face Value of ₹ 10/-each of our Company at an
Issue Price of Rs 140. per Equity Share. We intend to utilize the proceeds of the Issue to meet the following objects: –
1. Repayment in full or in part, of certain of our outstanding borrowings
2. Funding to meet working capital requirements
3. General Corporate Purpose.
BOOK RUNNING LEAD MANAGER TO THE ISSUE
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000; Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Roshni Lahoti
SEBI Regn. No. INM000010981
REGISTRAR TO THE ISSUE
BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East) Mumbai –400093, Maharashtra, India
Tel. No.: +91 22 6263 8200; Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C.
SEBI Registration No.: INR000001385
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