| IPO Date | March 23, 2026 to March 25, 2026 |
| Listing Date | April 1, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 84 to ₹ 89 / Share |
| Lot Size | 1600 Shares |
| Total Issue Size | 68,03,200 (Aggregating up to ₹61 Cr) |
| Fresh Issue | 44,27,200 (Aggregating up to ₹39 Cr) |
| Offer for Sale | 13,55,200 (Aggregating up to ₹12 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,53,19,584 |
| Share holding post issue | 2,07,67,584 |
| Market Maker portion | 10,20,800 |
Tipco Engineering India IPO opens on March 23, 2026, and closes on March 25, 2026.
| IPO Open Date | March 23, 2026 |
| IPO Close Date | March 25, 2026 |
| Basis of Allotment | March 27, 2026 |
| Initiation of Refunds | March 30, 2026 |
| Credit of Shares to Demat | March 30, 2026 |
| Listing Date | April 1, 2026 |
| Cut-off time for UPI mandate confirmation | March 25, 2026 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | Rs.284,800 |
| Retail (Max) | 2 | 3,200 | Rs.284,800 |
| S-HNI (Min) | 3 | 4,800 | Rs.427,200 |
| S-HNI (Max) | 7 | 11,200 | Rs.996,800 |
| B-HNI (Min) | 8 | 12,800 | Rs.1,139,200 |
| HNI (Min) |
| Share Holding Pre Issue | 1,53,19,584 |
| Share Holding Post Issue | 2,07,67,584 |
A total of 68,03,200 shares are offered in the Tipco Engineering IPO. 28,76,800 (42.29%) were allotted to QIB, 11,56,800 (17.00%) to QIB (Ex-Anchor), 8,73,600 (12.84%) to NII, 20,32,000 (29.87%) to RII, and 17,20,000 (25.28%) to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 17,20,000 25.28% |
|
| Market Maker Shares Offered | 10,20,800 15.00% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 11,56,800 17.00% |
|
| NII (HNI) Shares Offered | 8,73,600 12.84% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 20,32,000 29.87% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 68,03,200 100.00% |
| Bid Date | |
| Shares Offered | 17,20,000 |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Tipco Engineering was founded in September 2021 and has been producing industrial machinery for a variety of industries, including paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure. The company primarily produces three types of industrial machinery: the Homogenizer Series, which blends or breaks down particles; the Disperser Series, which mixes and disperses chemical components; and the Mill Series, which is used for grinding and milling.
The company runs two 1,012.50 square meter manufacturing facilities in Haryana. Modern CNC machines, laser cutting apparatus, welding units, polishing machines, and quality testing systems are all part of its facility. Tipco Engineering manages turn-key projects for ink, construction chemical, and agrochemical manufacturing facilities in addition to manufacturing.
| KPI | Values |
|---|---|
| ROE | 68.26% |
| ROCE | 33.27% |
| Debt/Equity | 1.12 |
| RoNW | 46.98% |
| P/BV | 4.10 |
| PAT Margin (%) | 11.72% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.19 | 8.47 |
| P/E (x) | 8.73 | 10.51 |
Tipco Engineering India Ltd. P.No. 1658, Phase I, Sector 38, Industrial Estate Rai Distt., Sonepat, P.S. Rai, Sonipat, Haryana, 131029 Phone: +91 9996635489 Email: [email protected] Website: https://tipcoengineering.com/ |
Maashitla Securities Pvt. Ltd. Phone: +91-11-45121795-96 Email: [email protected] Website: https://maashitla.com/allotment-status/public-issues |