Tankup Engineers Limited

Company Profile
Company Name Tankup Engineers Limited
Open Date 23-04-2025
Close Date 25-04-2025
Exchange NSE SME
Lot Size 1,000 Shares
Issue Price ₹133 to ₹140 per share
Issue Size 13,95,000 shares
Application Amount ₹1,40,000
Recommendation Avoid
Tankup Engineers Limited was originally incorporated on Nov 03, 2020. The registered office is located at Lucknow, Uttar Pradesh. The company is engaged in the business of manufacturing specialised vehicle superstructure for complex mobility and storage solutions of various capacities. The product portfolio includes Mobile Refueller, Water Sprinkler, Mobile Service Van, Explosive Van, Tank Truck, Blasting Shelter etc. The company generates majority of the revenue from the sale of Refueller and Stainless-Steel Assemblies. The company has 61 permanent and contractual employees as on Nov 30, 2024.
(Read more on the review)

Summary of Financials (All financials in Lakh)

KPIs Mar-22 Mar-23 Mar-24 Nov-24
Revenue 139.78 1,181.07 1,941.85 1,245.00
EBITDA 8.64 127.78 348.55 159.78
Net Profit 4.61 78.86 256.88 94.71
RoCE 7.00% 53.84% 79.31% 8.22%*
ROE 23.48% 70.80% 69.75% 5.43%*
P/E 466.67 47.14 14.99 52.18*

Tentative Timeline

Opening Date 23-04-2025
Closing Date 25-04-2025
Basis of Allotment 28-04-2025
Initiation of Refunds 29-04-2025
Credit of Shares to Demat 29-04-2025
Listing Date 30-04-2025

Objects of the Issue

Repayment in full or in part of certain outstanding borrowings
Funding to meet working capital requirements
General Corporate Purposes

Contact Information

Registered Office Tankup Engineers Limited 1262, SA Goila, Chinhat
Phone +91-7800008707
Email cs@tankup.co.in
Website https://www.tankup.co.in/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/IPO_Status.html

IPO Reservation

NII (HNI) Shares Offered Not less than 15% of the Net Issue
QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.65%

Contact Us to Enable Your Success!