Tankup Engineers Limited IPO GMP

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. With a focus on innovation and quality, Tankup has earned a reputation for delivering reliable and efficient fuel storage solutions that meet the highest internationalstandards.

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.

HEM SECURITIES LIMITED is the book running lead manager of the Tankup Engineers IPO, while BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the issue. Hem Finlease Private Limited is the Market Maker for Tankup Engineers IPO.

Tankup Engineers Limited IPO GMP Today
The Grey Market Premium of Tankup Engineers Limited IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Tankup Engineers Limited IPO Live Subscription Status Today: Real-Time Update
 As of 07:00 PM  on 25 April, 2025, the Tankup Engineers Limited IPO live subscription status shows that the IPO subscribed 116.17 times on its Final day of subscription period.  Check   the Tankup Engineers IPO Live Subscription Status Today at NSE.

  Tankup Engineers IPO Anchor Investors Report  
  Tankup Engineers  has raised ₹ 5.39 Crores from Anchor Investors at a price of ₹ 140 per shares in consultation of the Book Running Lead Managers. The company allocated 3,85,000 equity shares to the Anchor Investors. Check Full List of Tankup Engineers Anchor Investor List.  

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Tankup Engineers Limited Day Wise IPO GMP Trend

Tankup Engineers Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Tankup Engineers IPO allotment date is 28 April, 2025, Monday. Tankup Engineers IPO Allotment will be out on 28th April, 2025 and will be live on Registrar Website from the allotment date. Check Tankup Engineers IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Tankup Engineers Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Tankup Engineers Limited IPO
Tankup Engineers proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 350.00 Lakhs is required for Repayment in full or in part, of certain of their outstanding borrowings
2. ₹ 1,000.00 Lakhs is required for Funding to meet working capital requirements
3. General Corporate Purpose.

Refer to Tankup Engineers Limited RHP for more details about the Company.