
Tipco Engineering India
CLOSEDIPO 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 IPO | Amount |
|---|---|
| Overall | 61 Cr |
| Fresh Issue | 48.49 Cr |
| Offer for Sale | 12.06 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 27 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.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 31 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 30 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 29 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 28 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 26 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 24 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 22 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 21 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 20 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 19 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 18 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 17 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 16 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 15 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 14 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
| 13 Mar 2026 | ₹89 | ₹0 | ₹89 (0%) |
Performance Tipco Engineering India
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.84 - Rs.89 | ₹ 164 (0.28%) | ₹ 91.44 | 2.74% |
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 in | 2021 |
| Managing director | Mr. 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
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 3.2 |
| Non-Institutional Investors (NIIs) | 1.45 |
| Retail Individual Investors (RIIs) | 0.56 |
| Employee | N/A |
| Total | 1.49 |