SMEGMP
Back

Tipco Engineering India Ltd

IPO Details · GMP · Subscription · Financials
⏳ Upcoming BSE SME SME Opens 23 Mar 2026
Issue Price
₹89
Per Share
GMP
NIL
Grey Market
Est. Listing
₹89
Expected Price
Min. Application
₹284,800
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹89 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size68,03,200 shares (agg. up to ₹[.] Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 23 Mar 2026
Subscription CloseWed, 25 Mar 2026
Anchor AllotmentSun, 22 Mar 2026
Basis of AllotmentFri, 27 Mar 2026
Initiation of RefundsMon, 30 Mar 2026
Credit of Shares to DematMon, 30 Mar 2026
Listing DateWed, 01 Apr 2026
UPI Mandate Deadline5:00 PM on 25 Mar 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,84,800 — 3,200 shares
Retail — Max (13 Lots)₹1,851,200 (13 Lots)
HNI — Min (3 Lots)₹4,27,200 — 4,800 shares
QIB Quota42.29% of Issue
NII / HNI Quota12.84% of Issue
Retail Quota29.87% of Issue
Market Maker Quota15.00% of Issue
EPS (Pre-IPO)₹10.19
EPS (Post-IPO)₹8.47
P/E Ratio (Pre-IPO)8.73x
P/E Ratio (Post-IPO)10.51x
Net Offer to Public57,82,400 shares (agg. up to ₹[.] Cr)
Reserved for Market Maker10,20,800 shares (agg. up to ₹[.] Cr)
Pre-IPO Promoter Holding1,53,19,584 shares
Post-IPO Promoter Holding2,07,67,584 shares
Fresh Issue Shares44,27,200 shares (agg. up to ₹[.] Cr)
Offer for Sale Shares13,55,200 shares of ₹10 (agg. up to ₹[.] Cr)
About Tipco Engineering India Ltd

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 Fixed Type), and Homogenizers (In-Line, In-Tank, High Shear), and other equipment such as Attritor Mill, Basket Mill, Sigma Mixer, and Liquid Powder Mixing Machine.The company offers machinery under three categories:Mill Series– Used for grinding and milling operations.Disperser Series– Used for mixing and dispersing chemical components uniformly.Homogenizer Series– Used to blend or break down particles for uniform texture and consistency.The company operates two units located at Rai Industrial Estate, Sonipat, Haryana, each covering about 1,012.50 sq. meters. The facilities are equipped with advanced CNC machines, laser cutting equipment, welding units, polishing machines, and quality testing systems.The company is certified with quality standards, including ISO 9001:2015 and ISO 45001:2018.In addition to manufacturing, it also undertakes turnkey projects for Water-based and solvent-based ink manufacturing plants, construction chemical and adhesive production lines, and agro-chemical plant setups.The company also provides comprehensive services, including construction, erection, dismantling work, installation, and commissioning charges, among others.As of December 31, 2025, the company had 96 permanent employees.Competitive strengthsWide Range of ProductsRepeat orders from CustomersExperienced Promoter and management team with proven execution capabilitiesManufacturing setup under one roofStrong order book of Rs 1,448.52 Lakhs (As on September 15, 2025)

Shareholding & Lock-in
Pre-IPO Promoter Holding 1,53,19,584 shares
Post-IPO Promoter Holding 2,07,67,584 shares
Check Allotment Check Status →
Tipco Engineering India Ltd — Live Price UPCOMING
Issue Price
₹89
Current GMP
NIL
GMP %
0%
Est. Listing
₹89
GMP Trend → Est. ₹89.00
Issue Price ₹89.00
📅 Opens
23 Mar 2026, Mon
📅 Closes
25 Mar 2026, Wed
🎯 Allotment
27 Mar 2026, Fri
🏦 Listing
01 Apr 2026, Wed
Live stock chart will appear after this IPO lists on BSE SME
Quick Facts
GMP Signal ⚪ No GMP
StatusUpcoming
Issue Price₹89
GMPNIL
Est. Listing₹89
Lot Size1,600 shares
Min Amount₹284,800
Listing Date01 Apr 2026
QIB Shares2,876,800
NII Shares873,600
Retail Shares2,032,000
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹89
Listing Date01 Apr 2026
Listing PriceAvailable on listing day
Listing Gain/LossCalculated on listing day
52-Week HighPost listing
52-Week LowPost listing
GMP Trend — Tipco Engineering India Ltd Projected GMP trend
Issue Price ₹89.00
GMP NIL
Est. Listing ₹89.00
Status: Upcoming
⏳ Subscription opens on 23 Mar 2026, Mon
Tipco Engineering India Ltd IPO Subscription Status
Total shares offered: 68,03,200 (100.00%). Issue price: ₹89. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
Anchor
1,020,800 ₹9.090
QIB (Ex Anchor)
2,876,800 ₹25.600
NII
873,600 ₹7.780
Retail
2,032,000 ₹18.080
Total ** 6,803,200 ₹60.550
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensMon, 23 Mar 2026
Subscription ClosesWed, 25 Mar 2026
Anchor AllotmentSun, 22 Mar 2026
Basis of AllotmentFri, 27 Mar 2026
Initiation of RefundMon, 30 Mar 2026
Demat CreditMon, 30 Mar 2026
Listing DateWed, 01 Apr 2026
UPI Mandate Deadline5:00 PM on 25 Mar 2026 (Day 3)
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 3,200 ₹284,800
Retail (Max — 13 Lots) 13 20,800 ₹1,851,200
S-HNI (Min — 14 Lots) 14 22,400 ₹1,993,600
S-HNI (Max — 66 Lots) 66 105,600 ₹9,398,400
B-HNI (Min — 67 Lots) 67 107,200 ₹9,540,800
* Issue Price ₹89 × Lot Size 1,600 shares
Basis of Allotment — Tipco Engineering India Ltd IPO
Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 873,600 2,032,000 2,905,600
Allotment price (Rs.) 89 89 89 89 89 89 89 89
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 25.60 9.09 34.69 7.78 18.08 60.55
No. of times subscribed
No. of shares allotted 873,600 2,032,000 2,905,600
Amount (Rs.cr.) 25.60 9.09 34.69 7.78 18.08 25.86
No. of allottees
* Based on upper price band ₹89
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
Anchor / Market Maker 1,020,800 ₹9.09
15.00%
QIB (Ex Anchor) 2,876,800 ₹25.60
42.29%
NII / HNI 873,600 ₹7.78
12.84%
Retail (RII) 2,032,000 ₹18.08
29.87%
Total 6,803,200 ₹60.55
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 31 Dec 2025 31 Mar 2025 31 Mar 2024
Revenue from Operations 86.25 133.37 101.36
EBITDA 20.89 23.85 12.14
Profit After Tax (PAT) 13.19 15.61 8.45
Net Worth 46.41 33.23 12.51
Total Assets 114.55 100.96 65.72
Reserves & Surplus 31.09 33.21 12.50
Total Borrowings 37.52 37.23 25.68
EBITDA Margin (%) 24.32%
PAT Margin (%) 15.35%
Key Ratios & Valuation
Issue Price₹89
Face Value₹10 Per Share
Price / Book Value (P/BV)Not Available
Return on Equity (RoE)33.12%
Return on Capital Employed (RoCE)24.76%
Return on Net Worth (RoNW)28.41%
PAT Margin (%)15.35%
EBITDA Margin (%)24.32%
Debt / Equity Ratio0.81
Issue Structure & Shareholding
Total Shares Offered68,03,200 (100.00%)
Net Offer to Public57,82,400 shares (agg. up to ₹[.] Cr)
Reserved for Market Maker10,20,800 shares (agg. up to ₹[.] Cr)
Pre-Issue Promoter Holding1,53,19,584 shares
Post-Issue Promoter Holding2,07,67,584 shares
Script CodeNot Available
Objects of the Issue

Tipco Engineering India Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
3
Object 3
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh capital cum OFS
Total Shares Offered68,03,200 (100.00%)
Net Offer to Public57,82,400 shares (agg. up to ₹[.] Cr)
Reserved for Market Maker10,20,800 shares (agg. up to ₹[.] Cr)
Pre-Issue Promoter Holding1,53,19,584 shares
Post-Issue Promoter Holding2,07,67,584 shares
Company Details
Company Name
Tipco Engineering India Ltd
Listing Exchange
BSE SME
IPO Type
allottees IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
Not Available
Registered Address
P.No. 1658, Phase I, Sector 38, Industrial Estate Rai Distt., Sonepat, P.S.Rai, Sonipat, Haryana, 131029
IPO Registrar (Share Transfer Agent)
Book Running Lead Managers (BRLM)
Smart Horizon Capital Advisors Pvt.Ltd.
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
IPO Timeline
IPO Opens
23 Mar 2026, Mon
Upcoming
IPO Closes
25 Mar 2026, Wed
Upcoming
Basis of Allotment
27 Mar 2026, Fri
Upcoming
Initiation of Refunds
30 Mar 2026, Mon
Upcoming
Credit of Shares
30 Mar 2026, Mon
Upcoming
Listing Day
01 Apr 2026, Wed
Upcoming
Quick Summary
Issue Price₹89
Face Value₹10
Lot Size1,600 Shares
Min. Investment₹284,800
Open Date23 Mar 2026
Close Date25 Mar 2026
Allotment27 Mar 2026
Listing Date01 Apr 2026
ExchangeBSE SME
GMPNIL
Est. Listing₹89
IPO Subscription FAQs
How much Tipco Engineering India Ltd IPO subscribed?
Tipco Engineering India Ltd Subscription
Investor Category Subscription (times)
What is Tipco Engineering India Ltd IPO retail subscription status?
What is Tipco Engineering India Ltd IPO QIB subscription status?
How many times is Tipco Engineering India Ltd IPO subscribed?
What is Tipco Engineering India Ltd IPO lot size and minimum investment?
What is the UPI mandate deadline for Tipco Engineering India Ltd IPO?
How to apply for Tipco Engineering India Ltd IPO?
How to check Tipco Engineering India Ltd IPO allotment status?
When will Tipco Engineering India Ltd IPO be listed?
Where to check Tipco Engineering India Ltd IPO live subscription data?
Read more about Tipco Engineering India Ltd
Tipco Engineering India Ltd IPO Details
IPO Funding in India (IPO Loan Process) Explained
Tipco Engineering India Ltd IPO Recommendations
UPI for IPO Application (Unified Payments Interface for IPO)
Tipco Engineering India Ltd IPO Subscription
IPO Bidding Time Limit on Last day (IPO Closing Day)
Tipco Engineering India Ltd IPO Live News
IPO and Grey Market Premium in India
Tipco Engineering India Ltd IPO Allotment Status
HNI IPO Application Guide (NII Allotment Rules, Benefits & Funding)
Tipco Engineering India Ltd IPO Basis of Allotment Document
IPO Application Cancellation Process, Charges, Rules – Explained
Tipco Engineering India Ltd IPO FAQs