Tipco Engineering
01 Apr '26SME
Min. Investment
₹2,68,800
Issue size
₹60.55 Cr
GMP
Locked
Overall subscription: 0.23x
Expert verdict
IPO dates
23 Mar
Opening
25 Mar
Closing
27 Mar
Allotment
01 Apr
Listing
*Refunds will be initiated on 30 Mar '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,84,800 |
Subscription (as on 23 March 2026, 06:30 PM)
Overall0.23x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2021|MD: Mr. Ritesh Sharma
- 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.
Issue Details & Objective
Lot size
1600 Shares
Price band
₹84 to 89
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 25.28%
QIB - 17.00%
HNI - 12.84%
Retail - 29.87%
Download DRHP (IPO Doc)FAQs
Should I apply for the Tipco Engineering IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Tipco Engineering IPO?
The issue size of Tipco Engineering IPO is ₹60.55 Cr
What are the open and close dates for Tipco Engineering IPO?
The Tipco Engineering IPO will be open for applications from 23 Mar '26 to 25 Mar '26
What is the lot size and minimum order quantity of Tipco Engineering IPO?
The lot size of Tipco Engineering IPO is 1600 Shares and its minimum investment amount is ₹2,68,800.
What is the GMP value of Tipco Engineering IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Tipco Engineering IPO is 0
