Tipco Engineering India

Tipco Engineering India

CLOSED

IPO Date: 23 Mar - 25 Mar 2026

Listing Date: 1 Apr 2026

Price Range

Rs.84 - Rs.89

Issue Size

61 Cr

Min Investment

1,34,400

Lot Size

1600 Shares

Schedule of Tipco Engineering India

Issue open date

23 Mar 2026

Issue close date

25 Mar 2026

UPI mandate deadline

25 Mar 2026 (5 PM)

Allotment finalization

27 Mar 2026

Share credit

30 Mar 2026

Listing date

1 Apr 2026

Mandate end date

10 Apr 2026

Issue size

Funds Raised in the IPOAmount
Overall61 Cr
Fresh Issue48.49 Cr
Offer for Sale12.06 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date27 Mar 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
31 Mar 202689089 (0%)
30 Mar 202689089 (0%)
29 Mar 202689089 (0%)
28 Mar 202689089 (0%)
26 Mar 202689089 (0%)
24 Mar 202689089 (0%)
22 Mar 202689089 (0%)
21 Mar 202689089 (0%)
20 Mar 202689089 (0%)
19 Mar 202689089 (0%)
18 Mar 202689089 (0%)
17 Mar 202689089 (0%)
16 Mar 202689089 (0%)
15 Mar 202689089 (0%)
14 Mar 202689089 (0%)
13 Mar 202689089 (0%)

Performance Tipco Engineering India

Issue PriceListing GainCurrent Market PriceP/L
Rs.84 - Rs.89 164 (0.28%) 91.442.74%

About Tipco Engineering India

Tipco Engineering India Limited is engaged in manufacturing and supplying industrial machinery for processing and mixing applications across multiple industries. The company primarily manufactures equipment such as bead mills, dispersers, homogenisers, attritor mills, basket mills, sigma mixers, and other related machinery. These products are broadly categorised into three segments: Mill Series, Disperser Series, and Homogeniser Series, used in industries such as paints and coatings, chemicals, printing and packaging, metals, and construction. The company operates from its registered office and manufacturing facilities located in Rai Industrial Estate, Sonipat, Haryana, where it undertakes fabrication, machining, and assembly activities using CNC machines, turning centres, laser cutting machines, welding equipment, and other fabrication tools. Most manufacturing operations are conducted in-house, with support from a team of engineers and skilled workers and quality assurance systems for inspecting raw materials and finished products. The company also undertakes trading of ancillary products related to its machinery and provides services such as construction, erection, installation, commissioning, and dismantling of equipment. The company holds ISO 9001:2015 and ISO 45001:2018 certifications for quality and occupational health and safety management systems.

Founded in2021
Managing directorMr. Ritesh Sharma
Parent organization

Financial Overview

Strengths

  • Wide product portfolio of industrial machinery across the Mill, Disperser, and Homogeniser series.
  • Ability to cater to multiple industries such as paints, chemicals, printing, metals, and infrastructure.
  • Strong customer relationships are reflected in repeat orders from existing clients.
  • Focus on product innovation and customisation based on customer requirements.
  • Promoter background with long-standing experience in machinery manufacturing.

Risks

  • Limited operating history as a company may make future performance difficult to predict.
  • Negative cash flows in certain periods could affect business growth and financial stability.
  • Promoter group entities operate in similar businesses, which may create conflicts of interest.
  • Dependence on shared resources and agreements with promoter group entities may affect operations.
  • Execution risks in large machinery projects may lead to delays, cost overruns, or operational inefficiencies.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)3.2
Non-Institutional Investors (NIIs)1.45
Retail Individual Investors (RIIs)0.56
EmployeeN/A
Total1.49