Tankup Engineers IPO Date, Review, Price, Allotment Details

Tankup Engineers IPO Details

Tankup Engineers IPO Market Lot

The Tankup Engineers IPO minimum market lot is 1000 shares with ₹1,40,000 application amount.

Tankup Engineers IPO Dates

The Tankup Engineers IPO date is April 23 and the close date is April 25. The Tankup Engineers IPO allotment will be finalized on April 28 and the IPO listing on April 30.

Promoters of Tankup Engineers IPO

The promoters of the company are Gaurav Lath, Pankhuri Lath, Govind Prasad Lath and Tank-Up Petro Ventures LLP.

About Tankup Engineers IPO

Tankup Engineers Limited, incorporated on 3rd December 2020, is one of the well-known companies that specializes in the business of manufacturing custom vehicle superstructure designed to handle complex mobility and storage solutions. This includes building large containers or tank-like units to store a wide range of materials such as liquids, gases, or solids. They also offer custom-made tanks that meet the size, material, capacity, and feature requirements of the clients.

The company serves various industries like Petroleum, Mining, Infrastructure, Defence, etc. They run their business by first focusing on the fabrication of tanks, designing tanks that can handle a wide range of commercial applications. Mobile Refuellers, Water Sprinklers, Mobile Service Vans, Explosive Vans, Tank Trucks, Blasting Shelters, and more are the types of tanks they manufacture. Their manufacturing facilities are located in Lucknow, covering an area of 2665 square meters. Tankup includes around 45 employees as of March 31, 2024.

Tankup Engineers IPO Company Financial Report

The company reported revenue of ₹19.54 crores in 2024 against ₹11.85 crore in 2023. The company reported profit of ₹2.57 crores in 2024 against profit of ₹0.79 crores in 2023.

Amount ₹ in Crores

Tankup Engineers IPO Valuation – FY2024

Check Tankup Engineers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Repayment in full or in part, of certain of the outstanding borrowings;
• Funding to meet working capital requirements
• General Corporate Purpose

Tankup Engineers IPO Review

• IPO Watch – May Apply
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Tankup Engineers IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Managers aka Merchant Bankers

• Hem Securities Limited

Company Address

Tankup Engineers Limited
1262,
SA Goila,
Chinhat,
Phone: +91-7800008707
Email: [email protected]
Website: https://www.tankup.co.in/

Tankup Engineers IPO FAQs