TIPCO Engineering India IPO
TIPCO Engineering India IPO Details
-
Open Date
23 Mar 2026
-
Close Date
25 Mar 2026
-
Listing Date
01 Apr 2026
- IPO Price Range
₹ 84 to ₹89
- IPO Size
₹ 60.55 Cr
- Listing Exchange
BSE SME
TIPCO Engineering India IPO Timeline
TIPCO Engineering India IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 23-Mar-2026 | 1.00 | 0.01 | 0.01 | 0.29 |
| 24-Mar-2026 | 1.00 | 0.01 | 0.03 | 0.30 |
| 25-Mar-2026 | 3.20 | 2.12 | 0.66 | 1.70 |
Last Updated: 25 March 2026 6:17 PM by 5paisa
Tipco Engineering manufactures and supplies industrial machinery for sectors like paints, chemicals, printing, and construction. Its product range includes bead mills, dispersers, homogenizers, and other mixing equipment, categorized into Mill, Disperser, and Homogenizer series. Operating from two units in Sonipat, Haryana, the company uses advanced CNC and testing systems. It is ISO certified and also delivers turnkey plant solutions along with installation, commissioning, and related services.
Established in: 2021
Managing Director: Mr. Ritesh Sharma
TIPCO Engineering India Objectives
1. Repayment or prepayment of borrowings worth ₹30.00 Cr.
2. Funding working capital requirements amounting to ₹7.66 Cr.
3. Utilization of funds for general corporate purposes.
Tipco Engineering IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹60.55 Cr |
| Offer For Sale | ₹12.06 Cr |
| Fresh Issue | ₹48.49 Cr |
Tipco Engineering IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 27 | 13,338 |
| Retail (Max) | 2 | 378 | 1,96,182 |
| S - HNI (Min) | 3 | 405 | 2,00,070 |
| S - HNI (Max) | 7 | 1,917 | 9,94,923 |
| B - HNI (Min) | 8 | 1,944 | 9,60,336 |
Tipco Engineering IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 3.20 | 11,56,800 | 37,05,600 | 32.980 |
| Non-Institutional Buyers | 2.12 | 8,73,600 | 18,54,400 | 16.504 |
| BNII | 2.81 | 5,82,400 | 16,38,400 | 14.582 |
| SNII | 0.74 | 2,91,200 | 2,16,000 | 1.922 |
| Individual Investors (IND category bidding for 2 Lots) | 0.66 | 20,32,000 | 13,50,400 | 12.019 |
| Total** | 1.70 | 40,62,400 | 69,10,400 | 61.503 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 35.97 | 101.23 | 133.14 |
| EBITDA | 3.47 | 12.14 | 23.85 |
| PAT | 2.56 | 8.45 | 15.61 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 27.28 | 12.49 | 31.24 |
| Share Capital | 0.00 | 0.02 | 0.07 |
| Total Liabilities | 13.56 | 35.54 | 34.65 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | -6.07 | 0.23 | 8.76 |
| Net Cash Generated From / (used in) Investing Activities | -0.90 | -4.05 | -30.99 |
| Net Cash Generated From / (used in) Financing Activities | 7.03 | 6.87 | 19.85 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.06 | 3.04 | -2.38 |
Strengths
1. Strong pipeline of ongoing and upcoming projects.
2. Skilled team of engineers and management professionals.
3. Adoption of advanced technology improving productivity.
4. Ability to upgrade, expand, and adapt to market trends.
Weaknesses
1. Shortage of skilled and unskilled labour.
2. Risk of confidential information leakage by employees.
3. Dependence on workforce availability for operations.
4. Limited internal controls over sensitive information.
Opportunities
1. Expansion into new and untapped international markets.
2. Scope to strengthen marketing and customer outreach.
3. Potential to establish a strong PAN India presence.
4. Diversification into new products and business segments.
Threats
1. Possible accidents disrupting manufacturing operations.
2. Changes in government policies impacting business.
3. Increasing competition in the industrial machinery sector.
4. Operational risks affecting production and delivery timelines.
1. Diverse product portfolio across multiple industrial machinery segments.
2. Strong demand from paints, chemicals, and infrastructure industries.
3. Turnkey project capabilities enhance revenue and growth visibility.
4. Focus on technology adoption improving efficiency and productivity.
Tipco Engineering operates in a growing industrial machinery market driven by demand from paints, chemicals, and infrastructure sectors. Increasing industrialization, expansion of manufacturing units, and rising need for efficient processing equipment support its growth. The company’s diversified product portfolio and turnkey project capabilities position it well to capture domestic and international opportunities while benefiting from technological advancements and expanding end-user industries.
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FAQs
Tipco Engineering IPO opens from March 23, 2026 to March 25, 2026.
The size of Tipco Engineering IPO is ₹60.55 Cr.
The price band of Tipco Engineering IPO is fixed at ₹84 to ₹89 per share.
To apply for Tipco Engineering IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Tipco Engineering. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Tipco Engineering IPO is of 3,200 shares and the investment required is ₹2,68,800.
The share allotment date of Tipco Engineering IPO is March 27,2026
The Tipco Engineering IPO will likely be listed on April 1, 2026.
Smart Horizon Capital Advisors Pvt.Ltd is the book running lead managers for Tipco Engineering IPO.
Tipco Engineering IPO plans to utilise the raised capital from the IPO for:
1. Repayment or prepayment of borrowings worth ₹30.00 Cr.
2. Funding working capital requirements amounting to ₹7.66 Cr.
3. Utilization of funds for general corporate purposes.