How to Check TIPCO Engineering India IPO Allotment Status

Incorporated in September 2021, Tipco Engineering is engaged in manufacturing 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.

Its machinery offerings are categorised into three series: Mill Series (used for grinding and milling operations), Disperser Series (used for mixing and dispersing chemical components uniformly), and Homogenizer Series (used to blend or break down particles for uniform texture and consistency). In addition to manufacturing, the company 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 operates two units located at Rai Industrial Estate, Sonipat, Haryana, each covering about 1,012.50 sq. metres. The facilities are equipped with advanced CNC machines, laser cutting equipment, welding units, polishing machines, and quality testing systems. As of December 31, 2025, the company had 96 permanent employees.

Tipco Engineering IPO is a book build issue of ₹60.55 crore, comprising a fresh issue of 0.54 crore shares aggregating to ₹48.49 crore and an offer for sale of 0.14 crore shares aggregating to ₹12.06 crore. The IPO opened on March 23, 2026, and closed on March 25, 2026. The allotment is expected on Friday, March 27, 2026. The share price band was set at ₹84 to ₹89 per share.

Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks!

Open Account Now

Steps to Check Tipco Engineering IPO Allotment Status on Registrar Site

• Visit the BSE IPO Allotment Status Page Maashitla Securities Pvt. Ltd.
• Select "Tipco Engineering" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Tipco Engineering IPO Allotment Status on BSE/NSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Tipco Engineering" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Tipco Engineering IPO Subscription Status

Tipco Engineering IPO subscribed 1.70 times overall. Here is the category-wise breakdown as of 5:09:34 PM on March 25, 2026:

• QIB Category (Ex Anchor): 3.20 times
• Non-Institutional Investors (NII): 2.12 times
• Individual Investors: 0.66 times

Tipco Engineering IPO Share Price and Investment Details

The minimum investment required was ₹2,84,800 for 2 lots (3,200 shares) for individual investors. The issue raised ₹15.31 crore from anchor investors. The issue includes a reservation of up to 10,20,800 shares for the market maker, Shreni Shares Ltd. The anchor investor lock-in period ends on April 26, 2026 for 50% of shares (30 days) and June 25, 2026 for the remaining shares (90 days). Given the overall subscription of 1.70 times with solid institutional interest at 3.20 times, moderate NII participation at 2.12 times, and weak individual investor subscription at 0.66 times, the share price listing expectations remain cautiously positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for repayment/prepayment of all or certain borrowings availed by the Company (₹30.00 crore), funding working capital requirements of the Company (₹7.66 crore), and general corporate purposes.

Business Overview

Tipco Engineering Limited is engaged in the manufacturing and supplying of a comprehensive range of machinery such as bead mills of various types and other machinery. The company marked growth in its top and bottom lines for the reported periods. Boosted profits from FY24 onwards raise eyebrows and concern over sustainability going forward.

The company demonstrated financial performance with total income of ₹133.37 crore for FY2025 and a net worth of ₹46.41 crore as of December 31, 2025. The company benefits from a wide range of products, repeat orders from customers, experienced promoters and management team with proven execution capabilities, a manufacturing setup under one roof, and a strong order book of ₹1,448.52 lakhs as on September 15, 2025. However, investors should note the post-issue P/E ratio of 10.51 and Price to Book Value of 4.10.