What is the GMP of Tipco Engineering India IPO today?

The Grey Market Premium (GMP) for Tipco Engineering India IPO is currently ₹0. With an upper price band of ₹89, the estimated listing price is ₹89 per share, reflecting an expected listing gain of ~0%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for Tipco Engineering India IPO?

The price band for Tipco Engineering India IPO is ₹84 to ₹89 per equity share. The minimum lot size is 1600 shares, which requires a minimum retail application investment of ₹1,42,400.

What are the important dates for Tipco Engineering India IPO?

Tipco Engineering India IPO opens for subscription on 2026-03-23T00:00:00 and closes on 2026-03-25T00:00:00. The basis of allotment is scheduled for 2026-03-27T00:00:00, and shares are expected to list on 2026-04-01T00:00:00 on BSE, NSE.

How can I check the allotment status for Tipco Engineering India IPO?

You can check Tipco Engineering India IPO allotment status on the registrar's official portal (Maashitla Securities Pvt Ltd) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for Tipco Engineering India IPO?

Investors can apply for Tipco Engineering India IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the Tipco Engineering India IPO open and close?

The IPO opens on 23 Mar 2026, and closes on 25 Mar 2026.

What is Tipco Engineering India IPO price band?

The issue price band is ₹84.00 to ₹89.00 per equity share.

What is the Tipco Engineering India IPO lot size?

The minimum lot size is 1600 shares per application.

What is the Tipco Engineering India IPO allotment date?

The allotment is scheduled on 27 Mar 2026.

Tipco Engineering India IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

61.00 Cr

Price Band

₹84.00 - ₹89.00

Lot Size

1600 Shares

Min Investment

₹2,84,800

GMP

₹0

Subscription

1.7x

₹61.50 Cr

23 Mar 2026

IPO Opens

COMPLETED

25 Mar 2026

IPO Closes

COMPLETED

27 Mar 2026

Basis of Allotment

COMPLETED

30 Mar 2026

Refunds

COMPLETED

30 Mar 2026

Demat Credit

COMPLETED

01 Apr 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

23 Mar 2026

IPO ClosesDONE

25 Mar 2026

Basis of AllotmentDONE

27 Mar 2026

RefundsDONE

30 Mar 2026

Demat CreditDONE

30 Mar 2026

ListingDONE

01 Apr 2026

About Tipco Engineering India IPO

Tipco Engineering IPO open date is March 23, 2026 and the IPO will close on March 25, 2026. Tipco Engineering IPO is a Book build Issue. The company to raise around ₹61 crores via IPO that comprises fresh issue of ₹48.49 crores and offer for sale up to 13,55,200 equity shares with face value of ₹10 each.

Tipco Engineering IPO price band is ₹84 to ₹89 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Tipco Engineering IPO to list on BSE on April 1, 2026. The allotment of Tipco Engineering IPO date is March 27, 2026.

The company reported revenue of ₹133.37 crores in 2025 against ₹101.36 crores in 2024. The company reported profit of ₹15.61 crores in 2025 against profit of ₹8.45 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

IPO Details

Tipco Engineering India IPO Details and Specifications
IPO Date	23 Mar 2026 to 25 Mar 2026
Face Value	₹10 Per Share
Price Band	₹84.00 - ₹89.00
Lot Size	1600 Shares
Total Issue Size	Approx 61.00 Cr 68,03,200 Equity Shares
Fresh Issue	Approx 48.49 Cr 54,48,000 Equity Shares
Offer for Sale	Approx 12.06 Cr 13,55,200 Equity Shares
Retail Portion	35.14%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	01 Apr 2026
Listing At	BSE
Total Subscription Amount	₹61.50 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
QIB	28,76,800	49.75%
- Anchor	17,20,000	0.00%
- QIB (Ex. Anchor)	11,56,800	0.00%
NII	8,73,600	15.11%
- bNII > ₹10L	5,82,400	0.00%
- sNII < ₹10L	2,91,200	0.00%
Retail	20,32,000	35.14%
Market Maker	10,20,800	0.00%
Total	68,03,200	100.00%

IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	2	3,200	₹2,84,800
Individual investors (Retail) (Max)	2	3,200	₹2,84,800
S-HNI (Min)	3	4,800	₹4,27,200
S-HNI (Max)	7	11,200	₹9,96,800
B-HNI (Min)	8	12,800	₹11,39,200

About Company

Set up in September, 2021, Tipco Engineering has been operating in the manufacturing of industrial machinery for various sectors like paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure. 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.

The firm operates its 2 manufacturing units situated in Haryana, spanning 1,012.50 sq. meters. Its facility includes advanced CNC machines, laser cutting equipment, welding units, polishing machines, and quality testing systems. Apart from manufacturing, Tipco Engineering also handles turn-key projects for ink, construction chemical, and agro-chemical manufacturing plants.

Contact Details

Tipco Engineering India Ltd.

P.No. 1658, Phase I, Sector 38,

Industrial Estate Rai Distt.,

Sonepat, P.S.Rai,

Sonipat, Haryana, 131029

+91 9996635489

investors@tipcoengineering.com

Visit Website

Registrar

Maashitla Securities Pvt Ltd

+91-11-45121795

investor.ipo@maashitla.com

Lead Managers

Smart Horizon Capital Advisors Pvt Ltd

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
02-Apr-2026 04:00 PM	+₹0	₹89	+0.00%	₹0
31-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
30-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
28-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
27-Mar-2026 01:02 PM	+₹0	₹89	+0.00%	₹0
26-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
25-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
24-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
23-Mar-2026 12:05 PM	+₹0	₹89	+0.00%	₹0
21-Mar-2026 02:02 PM	+₹0	₹89	+0.00%	₹0
20-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
19-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
18-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
17-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
16-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
14-Mar-2026 02:00 PM	+₹0	₹89	+0.00%	₹0
13-Mar-2026 04:00 PM	+₹0	₹89	+0.00%	₹0

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
QIB (Ex. Anchor)	3.20x	11,56,800	37,05,600	₹32.98 Cr
NII	2.12x	8,73,600	18,54,400	₹16.50 Cr
bNII > ₹10L	2.81x	5,82,400	16,38,400	₹14.58 Cr
sNII < ₹10L	0.74x	2,91,200	2,16,000	₹1.92 Cr
Retail	0.66x	20,32,000	13,50,400	₹12.02 Cr
Total	1.70x	40,62,400	69,10,400	₹61.50 Cr

Objects of the Issue

01 Repayment/prepayment of all or certain of our borrowings availed of by our Company : 30.00 Cr
02 Funding Working Capital Requirement of the Company : 7.66 Cr
03 General corporate purposes : 4.65 Cr
04 Issue Expenses : 7.72 Cr

Company Financials

Period Ended	31 DEC 2025	31 MAR 2025	31 MAR 2024
Total Income	86.25	133.37	101.36
Profit After Tax	13.19	15.61	8.45
EBITDA	20.89	23.85	12.14
NET Worth	46.41	33.23	12.51
Reserves and Surplus	31.09	33.21	12.50
Total Borrowing	37.52	37.23	25.68

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Mar 2025
ROCE	33.27%
Debt/Equity Ratio	1.12
Return on Net Worth (RoNW)	46.98%
PAT Margin	11.72%
EBITDA Margin	17.91%
Net Asset Value (NAV)	₹21.69
Earning Per Share (EPS)	₹10.88

Peer Comparison

Peer comparison data will be updated soon.

IPO Anchor Investors

Anchor Investors Letter (PDF)

Promoters and Holding Pattern

Mr. Ritesh Sharma, Ms. Sonia Sharma are the company's promoters of Tipco Engineering India.

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	87.19%	57.79%
Others*	12.81%	42.21%

Strengths

Wide product portfolio of industrial machinery across the Mill, Disperser, and Homogeniser series.
Ability to cater to multiple industries such as paints, chemicals, printing, metals, and infrastructure.
Strong customer relationships are reflected in repeat orders from existing clients.
Focus on product innovation and customisation based on customer requirements.
Promoter background with long-standing experience in machinery manufacturing.

Risks

Limited operating history as a company may make future performance difficult to predict.
Negative cash flows in certain periods could affect business growth and financial stability.
Promoter group entities operate in similar businesses, which may create conflicts of interest.
Dependence on shared resources and agreements with promoter group entities may affect operations.
Execution risks in large machinery projects may lead to delays, cost overruns, or operational inefficiencies.

Frequently Asked Questions (FAQ)

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About Tipco Engineering India IPO

IPO Details

Tipco Engineering India IPO Details and Specifications
IPO Date	23 Mar 2026 to 25 Mar 2026
Face Value	₹10 Per Share
Price Band	₹84.00 - ₹89.00
Lot Size	1600 Shares
Total Issue Size	Approx 61.00 Cr 68,03,200 Equity Shares
Fresh Issue	Approx 48.49 Cr 54,48,000 Equity Shares
Offer for Sale	Approx 12.06 Cr 13,55,200 Equity Shares
Retail Portion	35.14%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	01 Apr 2026
Listing At	BSE
Total Subscription Amount	₹61.50 Cr

Investor Category

Shares Offered

% Net Issue

QIB

28,76,800

49.75%

- Anchor

17,20,000

0.00%

- QIB (Ex. Anchor)

11,56,800

0.00%

NII

8,73,600

15.11%

- bNII > ₹10L

5,82,400

0.00%

- sNII < ₹10L

2,91,200

0.00%

Retail

20,32,000

35.14%

Market Maker

10,20,800

0.00%

Total

68,03,200

100.00%

Application

Lots

Amount

Individual investors (Retail) (Min)

3,200

₹2,84,800

Individual investors (Retail) (Max)

3,200

₹2,84,800

S-HNI (Min)

4,800

₹4,27,200

S-HNI (Max)

11,200

₹9,96,800

B-HNI (Min)

12,800

₹11,39,200

About Company

Contact Details

Tipco Engineering India Ltd.

P.No. 1658, Phase I, Sector 38,

Industrial Estate Rai Distt.,

Sonepat, P.S.Rai,

Sonipat, Haryana, 131029

+91 9996635489

investors@tipcoengineering.com

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

02-Apr-2026 04:00 PM

+₹0

₹89

+0.00%

₹0

31-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

30-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

28-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

27-Mar-2026 01:02 PM

+₹0

₹89

+0.00%

₹0

26-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

25-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

24-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

23-Mar-2026 12:05 PM

+₹0

₹89

+0.00%

₹0

21-Mar-2026 02:02 PM

+₹0

₹89

+0.00%

₹0

20-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

19-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

18-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

17-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

16-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

14-Mar-2026 02:00 PM

+₹0

₹89

+0.00%

₹0

13-Mar-2026 04:00 PM

+₹0

₹89

+0.00%

₹0

Tipco Engineering India IPO Details

About Tipco Engineering India IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Tipco Engineering India IPO open and close?

What is Tipco Engineering India IPO price band?

What is the Tipco Engineering India IPO lot size?

What is the Tipco Engineering India IPO allotment date?

What is the Tipco Engineering India IPO listing date?

What is the minimum investment required in Tipco Engineering India IPO?

Join the discussion

Tipco Engineering India IPO Details

About Tipco Engineering India IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Tipco Engineering India IPO open and close?

What is Tipco Engineering India IPO price band?

What is the Tipco Engineering India IPO lot size?

What is the Tipco Engineering India IPO allotment date?

What is the Tipco Engineering India IPO listing date?

What is the minimum investment required in Tipco Engineering India IPO?

Join the discussion