Tipco Engineering India IPO Details

SME BSE

Tipco Engineering India IPO Summary

Tipco Engineering India Logo | Tipco Engineering India IPO Details, Date, Price, GMP, Live Subscription

Tipco Engineering India IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Tipco Engineering India IPO total issue size comprises 56,70,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 45,40,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 11,30,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,53,19,584, which will increase to 1,98,59,584 post-issue.

Tipco Engineering India IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Tipco Engineering India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Smart Horizon Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Tipco Engineering India Limited DRHP.

Tipco Engineering India IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0 Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
1,53,19,584 shares
Post-issue Shareholding
1,98,59,584 shares
Total Issue Size
56,70,000 shares(aggregating up to ₹0.00 Cr.)
Fresh Issue
45,40,000 shares(aggregating up to ₹0.00 Cr.)
Offer for Sale
11,30,000 shares(aggregating up to ₹0.00 Cr.)
DRHP Status
Exchange Approval Received

Tipco Engineering India IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Tipco Engineering India IPO Reservation

Promoter Holding

Pre Issue:
-
Post Issue:
-

Tipco Engineering India IPO Valuations

ROE68.03%
ROCE33.29%
DEBT/EQUITY1.13
RONW46.85%
PAT MARGIN11.64%

Tipco Engineering India Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets100.9565.7228.04
Total Income133.35101.3635.98
Profit After Tax15.508.422.56
EBITDA23.8412.153.47
NET Worth33.0812.482.57
Reserves and Surplus33.0712.472.56
Total Borrowing37.2325.688.42
Amount in ₹ Crore

About Tipco Engineering India IPO

Tipco Engineering is engaged in the manufacturing and supply of industrial machinery used in various industries such as paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure.

Products: 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 offer machinery under three categories:

  1. Mill Series– Used for grinding and milling operations.
  2. Disperser Series– Used for mixing and dispersing chemical components uniformly.
  3. Homogenizer Series– Used to blend or break down particles for uniform texture and consistency.

Manufacturing Facilities: 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.

Besides manufacturing, it also undertake turnkey projects for Water-based and solvent-based ink manufacturing plants, construction chemical and adhesive production lines, and agro-chemical plant setups.

Strength Of Tipco Engineering India IPO

To be announced

Risk Of Tipco Engineering India IPO

To be announced

Objectives Tipco Engineering India IPO

1. Repayment/prepayment of all or certain of our borrowings availed of by our Company

2. Funding Working Capital Requirement of our Company

3. General corporate purposes

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
Phone: +91 9996635489
Email: investors@tipcoengineering.com
Website: https://tipcoengineering.com/

Registrar Contact Details

Name:
Maashitla Securities Pvt Ltd
Phone:
+91-11-45121795, +91-11-45121796

Tipco Engineering India FAQs

The Tipco Engineering India IPO is a SME public issue comprising 5670000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Tipco Engineering India IPO opens on TBA.

Tipco Engineering India IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Tipco Engineering India IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Tipco Engineering India IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Tipco Engineering India IPO allotment status for updates.

The listing date for the Tipco Engineering India IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Tipco Engineering India IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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