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Tankup Engineers Limited

  • Minimum Investment
    ₹1,33,000
  • Price Range
    ₹133 - ₹140
  • Issue Size
    ₹19.53 Cr
  • Lot Size
    1000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Repayment in full or in part, of certain of its outstanding borrowings

Funding to meet working capital requirements

General corporate purpose

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Tankup Engineers Limited

Diversified product portfolio

The company has evolved into a specialized vehicle superstructure solutions provider with a diverse product portfolio across industries like petroleum, mining, infrastructure, defense, and aviation. This diversification reduces dependence on any single sector and minimizes industry-specific risks

In-house fabrication capabilities

The company operates from its manufacturing facility in Lucknow, Uttar Pradesh, with in-house fabrication capabilities. It sources chassis from trusted OEMs and fabricates superstructures using quality-checked raw materials, ensuring products meet customer requirements and pass all tests and validations

Standard quality checks

The company is committed to delivering high-quality, compact, and durable designs with pilferage-proof tanks for optimal utility. It follows stringent quality checks at every fabrication stage to meet customer specifications and ensure product reliability

Audits & inspections

The company is subject to stringent quality standards, inspections, and audits. Non-compliance may lead to order cancellations, damaging its reputation, business performance, and future prospects

Depend on design & engineering team

The company relies heavily on its design and engineering teams for accurate estimates. Deviations during execution may negatively impact cash flows, operations, and financial condition

Labour intensive

The company’s manufacturing relies on the availability and retention of skilled labor. Inability to secure or retain such workforce may disrupt operations and impact profitability

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Income Statement

Also called a Profit & Loss statement, an Income Statement shows how a company has performed financially over a specific accounting period. It focuses on revenue, expenses, profits, and losses.
Created with Highcharts 11.0.0RevenueNet IncomeProfit Margin06.012.018.024.00%4%8%12%16%
Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Operating Revenue19.42+64.44%
Other Income0.12+200.00%
Total Income19.54+64.89%
Total Expenditure16.42+50.50%
EBIDT0.00--
Depreciation0.16-20.00%
Interest0.33+83.33%
Tax0.55+266.67%
Net Profit2.57+225.32%

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Created with Highcharts 11.0.0Total AssetsTotal LiabilitiesTotal Debt to Equity03.06.09.012.00%200%400%600%800%
Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Total Current Assets9.53+22.34%
Total Non-Current Assets0.82-6.82%
Fixed assets0.67-14.10%
Total assets10.35+19.24%
Total Current Liabilities6.16-7.65%
Total Non-Current Liabilities0.51-42.70%
Total Capital Plus Liabilities10.35+19.24%
Total Shareholder Funds3.68+231.53%
Total Debt to Equity1.00-56.52%

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Created with Highcharts 11.0.0OperatingInvestingFinancing-1.6-0.800.81.6
Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Cash from Operating Activity-0.80+21.21%
Cash from Financing Activities0.80-27.27%
Cash from Investing Activities-0.14-53.33%
Net Cash Flow-0.15-207.14%

About Tankup Engineers Limited

Tankup Engineers was incorporated on November 03, 2020. The company manufactures specialized vehicle superstructures for complex mobility and storage solutions, including custom-built tanks for liquids, gases, or solids. It serves diverse industries such as petroleum, mining, infrastructure, and defense
  • Promoter
    Govind Prasad Lath
  • Promoter
    Gaurav Lath
  • Promoter
    Pankhuri Lath
  • Promoter
    Tank-Up Petro Ventures LLP

Tankup Engineers Limited IPO FAQs

What is Tankup Engineers Limited IPO?

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Tankup Engineers Limited IPO refers to the initial public offering of shares by Tankup Engineers Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Tankup Engineers Limited IPO?

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For Tankup Engineers Limited IPO the issue size is ₹20 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Tankup Engineers Limited IPO?

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For Tankup Engineers Limited IPO the minimum investment is ₹1,33,000. The minimum investment for Tankup Engineers Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Tankup Engineers Limited IPO?

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For Tankup Engineers Limited IPO the lot size is 1000 shares. The lot size of Tankup Engineers Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Tankup Engineers Limited IPO on Share.Market?

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To apply for Tankup Engineers Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Tankup Engineers Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Tankup Engineers Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Tankup Engineers Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Tankup Engineers Limited IPO?

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For Tankup Engineers Limited IPO the allotment date is April 28, 2025. The allotment date of Tankup Engineers Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Tankup Engineers Limited IPO?

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For Tankup Engineers Limited IPO, the subscription opens on April 23, 2025 and closes on April 25, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
23 Apr - 25 Apr
Total Subscription
129.60x Oversubscribed
Trade
Bidding Closed
23 Apr - 25 Apr
Total Subscription
129.60x Oversubscribed
Trade