The Tipco Engineering IPO minimum market lot is 3,200shares with ā¹2,84,800 application amount. The Tipco Engineering IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Tipco Engineering IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Tipco Engineering IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Tipco Engineering IPO Review and Rating
- May Apply For Long-term View
Tipco Engineering IPO Form
How to apply for the Tipco Engineering IPO? You can apply for Tipco Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Tipco Engineering IPO in the Invest section. The other option is you can apply for Tipco Engineering IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
