| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹19.53 Cr |
| Reserved for Market Maker | ₹0.98 Cr |
| Net Issue Size | ₹19.53 Cr |
| Fresh Issue | ₹18.55 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน133.00-140.00 per share |
| Discount | Retail: 0.00,Employee: 0.00 |
| NSE Code | TANKUP |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in 2020, Tankup Engineers Limited is engaged in the manufacturing of vehicle superstructure for complex mobility and storage solutions.
The company offers products including self-bunded fuel tanks, mobile diesel bowsers, aircraft refuelers, fire tenders, and ground support equipment.
The company specializes in manufacturing custom-built tanks for transporting or storing liquids, gases, or solids, tailored to client specifications in size, material, capacity, and functional features.
The company serves sectors such as agriculture, mining, construction, logistics, aviation, defense, and infrastructure.
Products:
As on March 31, 2024, the company has employed approximately 45 employees at various levels of the Organization.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment in full or in part, of certain of the outstanding borrowings | 3.50 |
| 2 | Funding to meet working capital requirements | 10.00 |
| 3 | General Corporate Purposes | 4.61 |
| 4 | Issue Expenses | 1.42 |
| Total | 19.53 |
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 17.67 | 10.35 | 8.68 | 2.32 |
| Total Income | 12.48 | 19.54 | 11.85 | 1.40 |
| Profit After Tax | 0.95 | 2.57 | 0.79 | 0.05 |
| NET Worth | 6.17 | 3.68 | 1.11 | 0.20 |
| Reserves and Surplus | 2.27 | 3.43 | 0.86 | 0.05 |
| Total Borrowing | 7.59 | 3.69 | 2.57 | 1.42 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 107.11% |
| ROCE | 46.49% |
| Debt / Equity | 1.00% |
| RoNW | 69.75% |
| PAT Margin | 13.23% |
| Price to Book Value | 10.46 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.59 | 2.68 |
| P/E (x) | 21.26 | 52.19 |
| Promoter Holding | 100% | 73.65% |
| Market Cap | โน74.13 Cr. | |