IPO Issue Details
Issue Price / Price Band₹89 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size68,03,200 shares (agg. up to ₹[.] Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 23 Mar 2026
Subscription CloseWed, 25 Mar 2026
Anchor AllotmentSun, 22 Mar 2026
Basis of AllotmentFri, 27 Mar 2026
Initiation of RefundsMon, 30 Mar 2026
Credit of Shares to DematMon, 30 Mar 2026
Listing DateWed, 01 Apr 2026
UPI Mandate Deadline5:00 PM on 25 Mar 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,84,800 — 3,200 shares
Retail — Max (13 Lots)₹1,851,200 (13 Lots)
HNI — Min (3 Lots)₹4,27,200 — 4,800 shares
EPS (Pre-IPO)₹10.19
EPS (Post-IPO)₹8.47
P/E Ratio (Pre-IPO)8.73x
P/E Ratio (Post-IPO)10.51x
Net Offer to Public57,82,400 shares (agg. up to ₹[.] Cr)
Reserved for Market Maker10,20,800 shares (agg. up to ₹[.] Cr)
Pre-IPO Promoter Holding1,53,19,584 shares
Post-IPO Promoter Holding2,07,67,584 shares
Fresh Issue Shares44,27,200 shares (agg. up to ₹[.] Cr)
Offer for Sale Shares13,55,200 shares of ₹10 (agg. up to ₹[.] Cr)
About Tipco Engineering India Ltd
Incorporated in September, 2021, Tipco Engineering is engaged inmanufacturing 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.The company offers machinery under three categories:Mill Series– Used for grinding and milling operations.Disperser Series– Used for mixing and dispersing chemical components uniformly.Homogenizer Series– Used to blend or break down particles for uniform texture and consistency.The company operates two units located at Rai Industrial Estate, Sonipat, Haryana, each covering about 1,012.50 sq. meters. The facilities are equipped with advanced CNC machines, laser cutting equipment, welding units, polishing machines, and quality testing systems.The company is certified with quality standards, including ISO 9001:2015 and ISO 45001:2018.In addition to manufacturing, it 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 also provides comprehensive services, including construction, erection, dismantling work, installation, and commissioning charges, among others.As of December 31, 2025, the company had 96 permanent employees.Competitive strengthsWide Range of ProductsRepeat orders from CustomersExperienced Promoter and management team with proven execution capabilitiesManufacturing setup under one roofStrong order book of Rs 1,448.52 Lakhs (As on September 15, 2025)
Objects of the Issue
Tipco Engineering India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment/prepayment of all or certain of our borrowings availed of by our Company
30.00
2
Funding Working Capital Requirement of our Company
7.66
3
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,53,19,584 shares
Post-IPO Promoter Holding
2,07,67,584 shares