IPO IPO-Synopsis
Tankup Engineers Ltd

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Registered Office: 1262 SA Goila,Chinhat , Lucknow - 226019 , Uttar Pradesh , India.
Phone : +91 78000 08707   Fax:
Email :  cs@tankup.co.in  
Website :  www.tankup.co.in
Initial public offer of upto 13,95,000 equity shares of face value of Rs10/- each (the "Equity Shares") of Tankup Engineers Limited ("the Company" or "the Issuer") at an issue price of Rs140/- per equity share for cash, aggregating up to Rs19.53 crores ("Public Issue") out of which 70,000 equity shares of face value of Rs10/- each, at an issue price of Rs140/- per equity share for cash, aggregating Rs0.98 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 36,000 equity shares aggregating up to Rs0.50 crores for subscription by eligible employees (As Defined Hereinafter) (the "Employee Reservation Portion"). The public issue less market maker reservation portion and employee reservation portion i.e. issue of 12,89,000 equity shares of face value of Rs10/- each, at an issue price of Rs140/- per equity share for cash, aggregating upto Rs18.05 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.35 % and 24.34 % respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs10/- each. The issue price is 14 times with the face value of the equity shares. the anchor investor issue price is Rs140 per equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Apr-25 25-Apr-25 Rs140.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 18.11
Hem Securities Ltd
Project Financed through Current Offer 19.53  
Post Issue Equity Share Capital 5.30  
Issue Price Rs140.00  
Projects
Repayment in full or in part of certain of its outstanding borrowingsGeneral corporate purposes
Funding to meet working capital requirements
Promoted By
Gaurav Lath
Pankhuri Lath
Govind Prasad Lath
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd