The Tipco Engineering IPO was subscribed 1.70 times on the last day, while the retail quota was subscribed 0.66 times, the QIB subscribed 3.20 times, and the NII quota subscribed 2.12 times, respectively.Ā Ā Ā
Tipco Engineering IPO Listing Details
| Listing Date | April 1, 2026 |
| BSE Code | – |
| BSE Code | – |
| ISIN Code | – |
| Offer Price | ā¹84 to ā¹89 |
| Face Value | ā¹10 |
| Listing Price | ā¹10 |
Details about Tipco Engineering IPOĀ Ā
Tipco Engineering has received approval from SEBI for an IPO of ā¹61 crores. In which the firm will raise ā¹48.49 crores via fresh issue and OFS of up to 13,55,200 equity shares with a face value of ā¹10 each.
Moreover, the company has set up a price band between ā¹84 to ā¹89 per share.
In this IPO, a total of 3,200 shares were available in 2 lot sizes for the minimum Retail category and maximum Retail category. S-HNI (Min) has a total of 4,800 shares in 3 lot sizes. S-HNI (Max) has a total of 11,200 shares in 7 lot sizes. B-HNI (Min) has a total of 12,800 shares in 8 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum & Maximum investment of ā¹2,84,800.Ā
- S-HNI (Minimum): Minimum investment of ā¹4,27,200.
- S-HNI (Max): Maximum investment of ā¹9,96,800
- B-HNI (Min): Minimum investment of ā¹11,39,200
Subscription duration of the Tipco Engineering IPOĀ
The opening date of the Tipco Engineering IPO subscription was March 23, 2026, and the closing date was March 25, 2026. The Tipco Engineering IPO allotment was finalized on March 27, 2026, and the IPO listing is on April 1, 2026.
Funds Deployment of This CompanyĀ
- The proceeds of some funds will be used towards Repayment/prepayment of certain borrowings taken by the company.
- Some funds will be used towards the working Capital Requirement of the Company
- Lastly, some funds will be used for the general Corporate Purpose
About the Tipco Engineering IPOĀ
Tipco Engineering, founded in September 2021, is one of the leading companies engaged in the manufacturing of industrial machinery for industries like paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure.
The firm operates its 2 manufacturing units situated in Haryana, spanning 1,012.50 sq. meters. The firm manufactures mainly 3 categories of industrial machinery, which include Mill Series, used for grinding and milling purposes, Disperser Series, used for mixing and dispersing chemical components, and Homogenizer Series, used to blend or break down particles. Its facility includes advanced CNC machines, laser cutting equipment, welding units, polishing machines, and quality testing systems.
Tipco Engineering IPO Company Financial Report
The company reported revenue of ā¹133.37 crores in 2025 against ā¹101.36 crores in 2024. The company reported a profit of ā¹15.61 crores in 2025 against a profit of ā¹8.45 crores in 2024.
