Tankup Engineers Limited IPO GMP Price Date Details
The Tankup Engineers Limited IPO is one of the most anticipated listings for 2025 in the SME sector. The company manufactures specialized vehicle superstructures to benefit from increasing market demand in petroleum mining defense applications. High-growth investors watch the Tankup Engineers Limited IPO because they want to understand both its GMP (Grey Market Premium) values and the possibilities of obtaining listing benefits from this offering. This blog offers an in-depth analysis of Tankup Engineers Limited IPO, covering its background, financial details, GMP trends, and investment insights.
Understanding Tankup Engineers Limited
Tankup Engineers Limited is a rapidly growing engineering firm specializing in the design and production of custom-built tanks and containers. The company found its start in 2020 to serve industries demanding critical transportation and storage solutions across petroleum, defense, mining and infrastructure sectors. The company specializes in building customized vehicle superstructures to handle liquid and gaseous and solid material transport according to client needs.
Through its specialized solutions Tankup Engineers built a trusted position based on exceptional quality while being innovative and reliable in their operations. The company provides products that match modern market requirements for durable products which ensure safety and meet industry technical requirements.
Who is Tankup Engineers Limited?
Tankup Engineers Limited began as a private limited company before transitioning to a public limited entity, reflecting its aspirations for growth and diversification. The company operates across multiple business segments where their specialized storage tank superstructures and customized transportation solutions add to their product range versatility.
Tankup Engineers Limited benefits from experienced founders and management members with engineering expertise and manufacturing capabilities which produce reliable high-quality products. The trustworthy business relationship of STAMECOMAP with high-demand business sectors demonstrates the expanding footprint of its market.
Tankup Engineers IPO Details
IPO Open Date: | April 23, 2025 |
IPO Close Date: | April 25, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹133 to ₹140 Per Share |
Issue Size: | Approx ₹19.53 Crores |
Fresh Issue: | Approx ₹19.53 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Tankup Engineers IPO Dates
The Tankup Engineers IPO date is April 23 and the close date is April 25. The Tankup Engineers IPO allotment will be finalized on April 28 and the IPO listing on April 30.
IPO Open Date: | April 23, 2025 |
IPO Close Date: | April 25, 2025 |
Basis of Allotment: | April 28, 2025 |
Refunds: | April 29, 2025 |
Credit to Demat Account: | April 29, 2025 |
IPO Listing Date: | April 30, 2025 |
Tankup Engineers IPO Market Lot
The Tankup Engineers IPO minimum market lot is 1000 shares with ₹1,40,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹1,40,000 |
Retail Maximum | 1 | 1000 | ₹1,40,000 |
S-HNI Minimum | 2 | 2000 | ₹2,80,000 |
Tankup Engineers IPO Valuation – FY2024
Check Tankup Engineers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 107.11% |
ROCE: | 46.49% |
EBITDA Margin: | 17.84% |
PAT Margin: | 13.23% |
Debt to equity ratio: | 1.00 |
Earning Per Share (EPS): | ₹9.34 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 69.75% |
Net Asset Value (NAV): | ₹13.39 |
Key Details of the Tankup Engineers Limited IPO
The Tankup Engineers IPO offers investors an opportunity to participate in the company’s expansion plans. Below are the key details:
- IPO Type: Book-built issue.
- IPO Size: Total value of ₹19.53 crore through 13.95 lakh equity shares.
- Price Band: ₹133 to ₹140 per equity share.
- Lot Size: Minimum 1,000 shares, translating to an investment of ₹1,40,000 for retail investors.
- IPO Timeline: Opens on April 23, 2025, and closes on April 25, 2025.
- Listing Platform: NSE SME exchange.
- Promoters: The IPO is led by its primary promoters, including Gaurav Lath, Pankhuri Lath, Govind Prasad Lath, and Tank-Up Petro Ventures LLP.
The funds raised through this IPO will be utilized for business expansion, working capital requirements, and enhancing production capabilities.
Financial Performance: A Detailed Analysis
Tankup Engineers Limited has demonstrated steady progress since its inception. The company demonstrates dedication to revenue generation and operational efficiency through its growing business performance although financial metrics details will be released later.
- Revenue Growth: Tankup Engineers Limited has been gradually increasing its revenue by catering to diverse industries, which ensures steady inflow and mitigates risk associated with dependence on a single sector.
- Profitability: The company’s profitability will rise substantially after IPO because operational expansion and new production technology investments will occur.
- Asset Growth:The funding from the IPO will empower Tankup Engineers Limited to grow its assets which will enable manufacturing expansion and meet increasing consumer needs for its products.
Tankup Engineers IPO Company Financial Report
Financial Performance
Fiscal Year 2023-24
Operations Revenue: ₹19.54 crore
Company revenue data showed substantial improvement in the fiscal year as it grew by ₹7.69 crore from ₹11.85 crore in FY 2022-23 to ₹19.54 crore in FY 2023-24.
Profit After Tax (PAT): ₹2.57 crore
The organization generated substantial earnings growth during the period when PAT amounted to ₹2.57 crore versus ₹0.79 crore in the preceding year.
The business showed strong operating margin results which indicated better cost management as well as operational excellence.
Eleven Months Ended November 30, 2024 (Unaudited)
Total Revenue: ₹12.48 crore
The entire FY 2022-23 recorded total revenue of ₹11.85 crore but the company has already exceeded this figure with ₹12.48 crore in the first eleven months.
Net Income (PAT): ₹0.95 crore
Additional data shows that PAT earnings during the eleven-month fiscal reached ₹0.95 crore even though the annual total from the previous year stood at ₹0.79 crore.The company sustains revenue growth alongside increasing profit margins due to its capacity to control operations costs while growing its asset base to ₹17.67 crore in November 2024.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
2022 | ₹1.40 | ₹1.34 | ₹0.05 | ₹2.32 |
2023 | ₹11.85 | ₹10.91 | ₹0.79 | ₹8.68 |
2024 | ₹19.54 | ₹16.42 | ₹2.57 | ₹10.35 |
November 2024 | ₹12.48 | ₹11.33 | ₹0.95 | ₹17.67 |
Tankup Engineers Limited IPO GMP and Market Sentiment
The Grey Market Premium (GMP) for the Tankup Engineers Limited IPO reflects the level of enthusiasm among investors. The Grey Market Premium for the IPO remains uncertain because investor participation is rising ahead of the subscription opening period. GMP serves as a reliable indicator of expected listing gains and overall market sentiment.
The key information for investors about Grey Market Premium can be found below:
Positive GMP: A high GMP signals strong demand for the IPO and potential listing gains.
Market Sentiment: The indicators that influence GMP consist of general market performance together with the financial outlook for target companies alongside their standing against competitors in their industry.
Investor expectations become clear through GMP monitoring which begins right before the IPO listing.
Should You Invest in the Tankup Engineers Limited IPO?
Investing in the Tankup Engineers IPO requires careful consideration of the following factors:
Growth Potential: The company operates within market segments that show steady growth because of strong specialized transport and storage solution requirements. The company maintains a successful business strategy through its dedication to specialized market segments including petroleum and defense industry.
Valuation: The proposed IPO price range of ₹133–₹140 per share values well due to the business’s anticipated market development and sector opportunities.
Diversified Client Base: Tankup Engineers Limited caters to a variety of sectors, reducing dependency on a single industry and ensuring a stable revenue stream.
GMP Trends: Monitoring the Tankup Engineers Limited IPO GMP closer to the subscription dates will provide an idea of listing day performance and investor demand.
Risk Factors: The SME listing involves two main risks for Tankup Engineers Limited: market volatility and competitive challenges. Investors who plan to participate in the IPO should first determine their level of risk acceptance.
Revenue Growth and Profitability
Executed investments of IPO revenues to upgrade production capacity and strengthen financial resources will positively affect revenue gains and profitability outcome. The company can mitigate business slowdowns by distributing its operations across different sectors.
Tankup Engineers IPO Valuation – FY2024
Check Tankup Engineers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 107.11% |
ROCE: | 46.49% |
EBITDA Margin: | 17.84% |
PAT Margin: | 13.23% |
Debt to equity ratio: | 1.00 |
Earning Per Share (EPS): | ₹9.34 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 69.75% |
Net Asset Value (NAV): | ₹13.39 |
Conclusion
The Tankup Engineers Limited IPO is an attractive opportunity for investors seeking exposure to niche markets like petroleum, defense, and infrastructure. The company will continue to grow due to its dedication to quality innovation. Research-based evaluation combined with an ongoing GMP trend monitoring is vital when making investments because it leads to better decisions. Whether you’re a seasoned investor or exploring SME IPOs for the first time, Tankup Engineers Limited offers a promising proposition for 2025.
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FAQ'S
What are the dates for the Tankup Engineers Limited IPO?
The IPO is scheduled to open on April 23, 2025, and will close on April 25, 2025.
What is the price band for the Tankup Engineers Limited IPO?
The price band for the IPO is set between ₹133 to ₹140 per equity share.
What is the lot size and minimum investment required?
The lot size is 1,000 shares, making the minimum investment ₹140,000 at the upper price band.
What is the total issue size of the IPO?
The IPO aims to raise a total of ₹19.53 crore.
When will the allotment and listing take place?
The allotment is expected on April 28, 2025, and the shares are likely to be listed on April 30, 2025, on the NSE SME platform.
What is the current Grey Market Premium (GMP) for the IPO?
As per the latest available data, the GMP for the Tankup Engineers Limited IPO is ₹0, indicating no premium in the grey market currently .
What are the objectives of the IPO?
The proceeds from the IPO will be utilized for:
- Repayment of certain borrowings
- Meeting working capital requirements
- General corporate purposes
Who are the promoters of Tankup Engineers Limited?
The company is promoted by Govind Prasad Lath, Gaurav Lath, Pankhuri Lath, and Tank-Up Petro Ventures LLP.
Who is the lead manager for the IPO?
Hem Securities Ltd. is acting as the lead manager for this IPO.
What is the company's background and industry focus?
Incorporated in 2021, Tankup Engineers Limited specializes in fabricating tank trucks, bowsers, and refuellers. The company has received certifications like ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, and caters to sectors like aviation and defense.
