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Tankup Engineers are a leading manufacturer of self-bunded fuel tanks in India, offering a wide range of capacities to meet the diverse needs of industriessuch as agriculture, mining, construction, and logistics.

Tankup Engineers, an Book Built Issue amounting to ₹ 19.53 Crores, consisting entirely an Fresh Issue of 13.95 Lakh Shares. The subscription period for the Tankup Engineers IPO opens on April 23, 2025, and closes on April 25, 2025. The allotment is expected to be finalized on or about Monday, April 28, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, April 30, 2025.

The Share Price Band of Tankup Engineers IPO is set at ₹ 133 to ₹ 140 per equity share. The Market Capitalisation of the Tankup Engineers Limited at IPO price of ₹ 140 per equity share will be ₹ 74.13 Crores. The lot size of the IPO is 1,000 shares. Retail investors are required to invest a minimum of ₹ 1,40,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹ 2,80,000.

The Grey Market Premium (GMP) of Tankup Engineers showing listing gains of 0.00 %.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Tankup Engineers Limited IPO for Listing gain or long-term Investment Purposes.