Tipco Engineering GMP IPO Date, Review, Price, Allotment Details

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Updated: 22 Mar 2026, 11:01 AM

Tipco Engineering IPO Summary

IPO Open Date: 23 Mar 2026

IPO Close Date: 25 Mar 2026

Price Band: ₹84 to ₹89 Per Share

Issue Size: Approx ₹61 Crores

Listing Exchange: BSE SME

Website: https://tipcoengineering.com/

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 opens for subscription on Mar 23, 2026 and closes 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 BSE SME with a The 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. 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.

Tipco Engineering IPO Details

Company Name Tipco Engineering India Ltd.
IPO Open Date 23 Mar 2026
IPO Close Date 25 Mar 2026
Face Value ₹10 Per Equity Share
Price Band ₹84 to ₹89 Per Share
Issue Size Approx ₹61 Crores
Fresh Issue Approx ₹48.49 Crores
Offer for Sale -
Issue Type Book build Issue
Listing On BSE SME
Download Documents:
DRHP RHP

Tipco Engineering IPO Review & Key Points

Neutral
Rating: (1/5)

Tipco Engineering IPO Market Lot

The Tipco Engineering IPO minimum market lot is 3,200 shares with ₹2,84,800 application amount.

Category Lot Size Shares Amount
Retail Minimum 2 3,200 ₹2,84,800
Retail Maximum 2 3,200 ₹2,84,800
S-HNI Minimum 3 4,800 ₹4,27,200
S-HNI Maximum 7 11,200 ₹9,96,800
B-HNI Minimum 8 12,800 ₹11,39,200

Tipco Engineering IPO Reservation

Investor Category Shares Offered % of Issue
Anchor Investor 17,20,000 Shares 25.28%
QIB (Ex. Anchor) 11,56,800 Shares 17.00%
NII / HNI 8,73,600 Shares 12.84%
Retail 20,32,000 Shares 29.87%

Anchor Bidding Date: 20 Mar 2026

Tipco Engineering IPO Dates & Allotment

The Tipco Engineering IPO date is March 23 and the close date is March 25. The Tipco Engineering IPO allotment will be finalized on March 27 and the IPO listing on April 1.

IPO Opening Date 23 Mar 2026
IPO Closing Date 25 Mar 2026
Bidding Cutoff Time 5 PM
Basis of Allotment 27 Mar 2026
Refunds Initiation 30 Mar 2026
Credit to Demat 30 Mar 2026
IPO Listing Date 01 Apr 2026

Tipco Engineering IPO Objects of the Issue & Utilization of Proceeds

Description Amount
Repayment/prepayment of all or certain of our borrowings availed of by our Company ₹30.00
Funding the Working Capital Requirement of our Company ₹8.16
General Corporate Purpose ₹-

Tipco Engineering India Ltd. Financials

Period Ended Revenue Expense PAT Assets
2023 ₹35.98 ₹32.89 ₹2.56 ₹28.04
2024 ₹101.36 ₹91.15 ₹8.45 ₹65.72
2025 ₹133.37 ₹114.56 ₹15.61 ₹100.96
Dec 2025 ₹86.25 ₹69.52 ₹13.19 ₹114.55

Tipco Engineering IPO Valuation

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


Parameter Value
Earnings Per Share (EPS) ₹10.88 (Basic)
P/E Ratio N/A
Return on Equity (ROE) 68.26%
Return on Capital Employed (ROCE) 33.27%
Return on Net Worth (RoNW) 46.98%
Net Asset Value (NAV) ₹21.69
EBITDA Margin 17.91%
PAT Margin 11.72%
Debt to Equity Ratio 1.12

Tipco Engineering IPO Promoters & Holding Pattern

The promoters of the company are Mr. Ritesh Sharma and Ms. Sonia Sharma.

Particulars Shares % Share
Promoter Holding Pre Issue 1,53,19,584 87.19%
Promoter Holding Post Issue 2,07,67,584 -%

Tipco Engineering IPO Lead Managers (Merchant Bankers)

  • Smart Horizon Capital Advisors Pvt. Ltd.

About Tipco Engineering India Ltd.

Tipco Engineering is a distinguished manufacturer and global exporter specializing in high-precision industrial machinery and metal processing solutions. The company serves diverse sectors including construction and heavy manufacturing with a focus on durability and technical excellence. By integrating advanced engineering practices, Tipco Engineering continues to set benchmarks in performance and industrial reliability.

Tipco Engineering India Ltd. Address

Sonipat, Haryana, 131029
Phone: +91 9996635489
Email: [email protected]

Tipco Engineering IPO Registrar

Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues

Tipco Engineering IPO FAQs

Tipco Engineering IPO is SME IPO. The company is going to raise ₹61 Crores via IPO. The issue is priced at ₹84 to ₹89 per equity share. The IPO is to be listed on BSE.
The IPO is to open on March 23, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 25, 2026.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
You can apply for Tipco Engineering IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Tipco Engineering IPO issue size is ₹61 crores.
Tipco Engineering IPO Price Band is ₹84 to ₹89.
The minimum bid is 3,200 Shares with ₹2,84,800 amount.
Tipco Engineering IPO allotment date is March 27, 2026.
Tipco Engineering IPO listing date is April 1, 2026. The IPO is to list on BSE.