Tipco Engineering IPO
Tipco Engineering IPO
Overview
Tipco Engineering IPO is a book build issue of ₹60.55 crores. The issue is a combination of fresh issue of 0.54 crore shares aggregating to ₹48.49 crores and offer for sale of 0.14 crore shares aggregating to ₹12.06 crores. Tipco Engineering IPO bidding opened for subscription on Mar 23, 2026 and will close on Mar 25, 2026. The allotment for the Tipco Engineering IPO is expected to be finalized on Mar 27, 2026. Tipco Engineering IPO will list on the BSE SME with a tentative listing date fixed as Apr 1, 2026. Tipco Engineering IPO is set issue price band at ₹84 to ₹89 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,84,800 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹4,27,200. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Total Shares
68,03,200
Issue Size
₹61 Cr
Price Band
₹84 – ₹89
Lot Size
1600 shares
Min. Investment
₹2,84,800
Max. Investment
₹2,84,800
Open Date
23 Mar, 2026
Close Date
25 Mar, 2026
Allotment
27 Mar, 2026
Listing
01 Apr, 2026
Max. Investment
₹2,84,800
Announced
23 Mar, 2026
Opening Date
23 Mar, 2026
Closing Date
25 Mar, 2026
Basis of Allotment
27 Mar, 2026
Initiation of Refunds
30 Mar, 2026
Credit of Shares
30 Mar, 2026
Listing Date
01 Apr, 2026
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About Tipco Engineering IPO
Incorporated in September, 2021, Tipco Engineering is engaged inmanufacturing and supplying industrial machinery for various industries, including paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure.
The company manufactures a wide range of machines including Bead Mills (Batch Type, Lab, Horizontal, Vertical, Pin-Type, Disc Type, Dyno Mill, etc.), Dispersers (High-Speed, Twin-Shaft, Triple-Shaft, Vacuum, Platform, and Fixe
Tipco Engineering IPO Share Price
Issue Breakdown
Shareholding
Dilution: 35.6% increase in shares
Tipco Engineering IPO Financial Health
Tipco Engineering IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,84,800 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,84,800 |
| S-HNI (Min) | 3 | 4800 | ₹4,27,200 |
| S-HNI (Max) | 7 | 11200 | ₹9,96,800 |
| B-HNI (Min) | 8 | 12800 | ₹11,39,200 |
(All values in CR)
Tipco Engineering IPO Valuations
| Metric | Value |
|---|---|
| ROE | 33.12 |
| ROCE | 24.76 |
| Debt/Equity | 0.81 |
| RoNW | 28.41 |
| PAT Margin | 15.35 |
| EBITDA Margin | 24.32 |
(All values in CR)
Tipco Engineering IPO Strength & Risk
Tipco Engineering IPO Strengths 👍
Engineering company engaged in manufacturing of engineering components and equipment for industrial applications
Strong presence in sectors such as power, steel, cement, and infrastructure
Modern manufacturing facilities with advanced fabrication and machining capabilities
Established relationships with domestic and international clients
Experienced management team with industry expertise
Growing demand for engineering and fabrication services driven by infrastructure development
Diversified product portfolio reducing dependence on a single product line
Tipco Engineering IPO Risks ⚠️
Capital-intensive business requiring continuous investment in machinery and equipment
Revenue dependent on capital expenditure cycles of industries such as power and steel
Exposure to fluctuations in raw material prices such as steel and metals
Project execution risks including delays and cost overruns
High working capital requirements typical in engineering and fabrication businesses
Competition from established engineering and EPC companies
Dependence on a limited number of key customers for a significant portion of revenue
Tipco Engineering IPO Subscriptions Status
Tipco Engineering IPO subscribed 0.39 times. The public issue subscribed 0.07 times in the individual investors category, 1.26 times in QIB (Ex Anchor), and 0.01 times in the NII category by March 25, 2026 10:59:36 AM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 17,20,000 | 17,20,000 | 15.308 |
| Market Maker | 1.00 | 10,20,800 | 15,96,800 | 9.085 |
| QIB (Ex Anchor) | 1.26 | 11,56,800 | 14,57,600 | 12.973 |
| NII | 0.01 | 8,73,600 | 4,800 | 0.043 |
| bNII (> ₹10L) | 1.75 | 5,82,400 | 10,20,800 | 9.085 |
| sNII (< ₹10L) | 0.02 | 2,91,200 | 4,800 | 0.043 |
| Individual Investors | 0.07 | 20,32,000 | 1,34,400 | 1.196 |
| Total | 0.39 | 40,62,400 | 12,06,400 | 14.212 |
Tipco Engineering IPO GMP
Tipco Engineering SME IPO last GMP is ₹0, last updated Mar 25th 2026 10:30 AM. With the price band of 89.00, Tipco Engineering SME IPO's estimated listing price is ₹89 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 25 Mar, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 25 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 25 Mar, 2026 |
| 24 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 24 Mar, 2026 |
| 23 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 23 Mar, 2026 |
| 22 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 22 Mar, 2026 |
| 21 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 21 Mar, 2026 |
| 20 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 20 Mar, 2026 |
| 19 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 19 Mar, 2026 |
| 18 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 18 Mar, 2026 |
| 17 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 17 Mar, 2026 |
| 16 Mar, 2026 | 89 | ₹0 | - | ₹89 (0.00%) | - | 16 Mar, 2026 |
| 15 Mar, 2026 | 0 | ₹0 | - | ₹ (0.00%) | - | 15 Mar, 2026 |
| 14 Mar, 2026 | 0 | ₹0 | - | ₹ (0.00%) | - | 14 Mar, 2026 |
| 13 Mar, 2026 | 0 | ₹0 | - | ₹ (%) | - | 13 Mar, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Tipco Engineering IPO
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Find Tipco Engineering IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Your funds will be blocked in your account until the IPO allotment process is completed.