Tipco Engineering IPO GMP: Day 1 IPO Live Updates

Mon Mar 23 2026

The Tipco Engineering IPO GMP is ₹0 as of 23rd March 2026. It is an IPO bookbuild issue of ₹60.55 crores. This is an entirely fresh Issue of 0.54 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 1st April 2026. The face value of Tipco Engineering IPO shares is ₹10 per share, and the IPO price band is ₹84 to ₹89 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth ₹2,84,800.

Table of Contents

Tipco Engineering IPO Grey Market Premium

As of 23rd March 2025, the GMP for the Tipco Engineering IPO stands at ₹0.00 per share. Thus, the estimated listing price would be ₹89.00. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change in response to market conditions and fluctuations. Explore the table for the Tipco Engineering IPO GMP updates.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
23-3-2026	₹89.00	₹0.00	₹89.00	0.00%
22-3-2026	₹89.00	₹0.00	₹89.00	0.00%
21-3-2026	₹89.00	₹0.00	₹89.00	0.00%
20-3-2026	₹89.00	₹0.00	₹89.00	0.00%
19-3-2026	₹89.00	₹0.00	₹89.00	0.00%
18-3-2026	₹89.00	₹0.00	₹89.00	0.00%
17-3-2026	₹89.00	₹0.00	₹89.00	0.00%
16-3-2026	₹89.00	₹0.00	₹89.00	0.00%

Click & Sign Up to Get Latest Updates on Tipco Engineering IPO

Tipco Engineering IPO Details

IPO Allotment Date	27th March 2026
IPO Open Date	23rd March 2026
IPO Close Date	25th March 2026
Refund Initiation	30th March 2026
Issue Size	68,03,200 shares(agg. up to ₹61 Cr)
Face Value	₹10 per share
Lot Size	1,600 shares
Issue Price	₹84 to ₹89 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & SME
Listing Date	1st April 2026

Explanation

Tipco Engineering IPO: Tipco Engineering IPO Limited has declared an issue price band of ₹84 to ₹89 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 3,200 shares, each worth ₹2,84,800. The face value of Tipco Engineering IPO Limited shares is ₹10 per share. The shares of Tipco Engineering IPO Limited will be listed on BSE and SME on its tentative listing day, 1st April 2026. Scroll down to check GMP updates and Tipco Engineering IPO reviews.

Objectives of the Tipco Engineering IPO

The primary aim of the Tipco Engineering IPO is to raise ₹60.55 crores, and the secondary objective is to:

To Meet Working Capital Requirements
General Corporate Purposes
Repayment/prepayment of all or certain of our borrowings availed of by our Company
Funding Working Capital Requirement of the Company

Tipco Engineering IPO Registrar

Maashitla Securities Private Limited is the registrar for the Tipco Engineering IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Tipco Engineering allotment and refund, you can contact Maashitla Securities Private Limited at investor.ipo@maashitla.com or +91-11-45121795-96.

Tipco Engineering IPO Review

The Tipco Engineering IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Tipco Engineering Limited’s revenue increased by 26%, from ₹101.36 crore in March 2024 to ₹15.61 crore in March 2025. Moreover, the company’s PAT increased by 8% from ₹8.45 crore in March 2024 to ₹15.61 crore in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Tipco Engineering IPO or not.

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Tipco Engineering IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	8.73
EPS (Earnings Per Share)	10.19
RoNW	28.41%
ROCE	24.76%
ROE	33.12%
EBITDA Margin	15.35%
Price to Book Value	4.10
Market Capitalisation	₹184.83

The P/E ratio of Tipco Engineering Limited shares is 8.73, and its Earnings Per Share (EPS) stands at 10.19. Thus, the Tipco Engineering IPO can deliver gains on its tentative listing date, 1st April 2026.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Tipco Engineering Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	8.73	10.51
EPS	10.19	8.47

Download the Univest iOS App or the Univest Android App to get daily stock recommendations and insightful research pieces!

FAQs on Tipco Engineering IPO

What is the GMP of the Tipco Engineering IPO?

Currently, on 23rd March 2026, the Tipco Engineering IPO GMP (Grey Market Premium) stands at ₹0. This indicates that the estimated listing price could be ₹89.00 per share.

What is the issue price of the Tipco Engineering IPO?

The Tipco Engineering IPO price range is ₹84 to ₹89 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 3,20 shares, worth ₹2,84,800. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹4,27,200.

Who is the registrar of the Tipco Engineering IPO?

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Tipco Engineering IPO, download the Tipco Engineering IPO RHP and Tipco Engineering IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.