Tipco Engineering IPO Review – Subscription Status, Price Band, Lot Size & Financials
Latest Grey Market Premium & IPO Details
Tipco Engineering IPO 2026 – Key Info & Highlights
Check Tipco Engineering SME IPO details including issue size 0.58 Cr shares, price details, allotment date 27 Mar 2026, IPO open 23 Mar and close 25 Mar 2026. Listing expected on 1 Apr 2026 on BSE SME.
📌 IPO Details
| Company Name | Tipco Engineering IPO |
|---|---|
| Sector / Industry | Industrial Products |
| IPO Open Date | 23-03-2026 |
| IPO Close Date | 25-03-2026 |
| Allotment Date | 27-03-2026 |
| Refund Date | 30-03-2026 |
| Share Credit Date | 30-03-2026 |
| Listing Date | 01-04-2026 |
| Price Band | ₹84 - ₹89 |
| Lot Size | 1600 Shares |
| Min Investment | ₹2,84,800 (2 lots) |
| Total Issue Size | ₹60.55 Cr |
| Reserved for Market Maker | ₹9.09 Cr |
| Net Issue Size | ₹51.46 Cr |
| Fresh Issue | ₹39.40 Cr |
| OFS | ₹12.06 Cr |
| IPO Listing At | BSE SME |
| DRHP | View DRHP |
| RHP | View RHP |
| Anchor List | https://ipoinfoindia.com/uploads/anchor-doc/tipco-engineering-anchor-20260324102716-3429.pdf |
| Issue Type | Book Build Issue |
| Face Value | ₹10 Per Equity Share |
| Promoter Holding Pre IPO | 87.19 % |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 29.87% |
| QIB (Qualified Institutional Buyers) | 42.29% |
| Anchor Investors | 25.28% |
| HNI (High Net Worth Individuals) | 12.84% |
| Reserved for Market Maker | 15.00% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 01-04-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 01-04-2026 10:00 |
| 31-03-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 31-03-2026 23:20 |
| 30-03-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 30-03-2026 23:20 |
📝 About Tipco Engineering
Tipco Engineering India Limited is a rapidly growing company engaged in the manufacturing and supply of industrial machinery for a wide range of industries including paints & coatings, chemicals, printing & packaging, metal, construction, and infrastructure. Since its incorporation on September 30, 2021, the company has focused on providing customized, high-quality, and cost-effective engineering solutions.
Products and Solutions:
Tipco Engineering manufactures a diverse portfolio of machines to cater to various industrial needs:
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Bead Mills – Batch Type, Lab, Horizontal, Vertical, Pin-Type, Disc Type, Dyno Mill, etc.
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Dispersers – High-Speed, Twin-Shaft, Triple-Shaft, Vacuum, Platform, and Fixed Type
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Homogenizers – In-Line, In-Tank, High Shear
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Other equipment includes Attritor Mill, Basket Mill, Sigma Mixer, and Liquid Powder Mixing Machines.
The company offers machinery under three major categories:
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Mill Series – For grinding and milling operations.
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Disperser Series – For uniform mixing and dispersal of chemical components.
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Homogenizer Series – For blending or breaking down particles to achieve consistent texture and quality.
Manufacturing Facilities:
Tipco Engineering operates two modern units at Rai Industrial Estate, Sonipat, Haryana, each covering approximately 1,012.50 sq. meters. The facilities are equipped with advanced CNC machines, laser cutting equipment, welding units, polishing machines, and quality testing systems, ensuring superior precision and adherence to international standards.
Turnkey Projects:
In addition to manufacturing machinery, the company undertakes turnkey projects for clients, including setups for water-based and solvent-based ink manufacturing plants, construction chemical and adhesive production lines, and agro-chemical plant installations.
With its experienced promoters, skilled workforce, and robust operational capabilities, Tipco Engineering has established a strong reputation for reliability, innovation, and timely project execution, making it a preferred partner for industries seeking high-quality process equipment solutions.
Tipco Engineering Revised Financials
Financial Information (Last 4 Years)
| Financial Year | Total Income | Profit After Tax | EBITDA | Total Assets | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| Dec 2025 | 86.25 | 13.19 | 20.89 | 114.55 | 46.41 | 31.09 | 37.52 |
| FY 2025 | 133.37 | 15.61 | 23.85 | 100.96 | 33.23 | 33.21 | 37.23 |
| FY 2024 | 101.36 | 8.45 | 12.14 | 65.72 | 12.51 | 12.50 | 25.68 |
| FY 2023 | 35.98 | 2.56 | 3.47 | 28.04 | 2.57 | 2.56 | 8.42 |
Note: All figures are in ₹ Crore. Positive values indicate profit. EBITDA = Earnings Before Interest, Tax, Depreciation & Amortization.
Tipco Engineering SME IPO – Objects of Issue
- ₹30.00 Cr – Repayment / Prepayment of Borrowings – The company will use this amount to repay or prepay its existing loans and borrowings, which will reduce the interest burden and strengthen the balance sheet. Lower debt levels will provide greater financial flexibility for future growth.
- ₹7.66 Cr – Working Capital Requirement – This amount will be utilized for daily business operations such as purchase of raw materials, inventory management, employee salaries, and project execution. Strong working capital will enable the company to handle larger orders efficiently.
- Remaining Amount – General Corporate Purposes – A portion of the IPO proceeds will be allocated for general corporate purposes, including business development, administrative expenses, brand building, and supporting future growth opportunities.
Tipco Engineering SME IPO – Competitive Strengths
- Wide Range of Products – The company manufactures diverse industrial machinery and equipment catering to multiple industries, offering clients a comprehensive product portfolio.
- Repeat Orders from Customers – Strong client relationships and high customer satisfaction have resulted in repeat orders, reflecting trust and reliability.
- Experienced Promoter and Management Team – The promoters and management have proven execution capabilities and years of industry experience in machine manufacturing and engineering solutions.
- Integrated Manufacturing Setup – All manufacturing operations are conducted under one roof, ensuring better quality control, efficient production, and timely delivery.
- Strong Order Book – As of 15th September 2025, the company has a robust order book of ₹1,448.52 Lakhs, demonstrating future revenue visibility and business stability.
Tipco Engineering SME IPO – Key Risks / Challenges
- Limited Operating History – The company was incorporated recently and has a relatively short track record, making it difficult to predict future performance and long‑term results.
- Industry Experience Constraints – Due to limited experience in the plant and machinery manufacturing sector, the company may face challenges in navigating complex regulatory requirements and evolving market conditions.
- Project Execution Risks – Execution of large‑scale machinery projects can face unforeseen delays such as obtaining permits, supply chain issues, or unexpected site conditions, which could adversely affect performance.
- Operational Efficiency Challenges – The company’s limited experience in commissioning and operating new facilities may result in delays in achieving expected operational efficiency and capacity utilisation, potentially impacting revenues.
- Competitive Pressure – The engineering and machinery sector is competitive, and the company’s relatively short track record may put it at a disadvantage compared to more established players with stronger market presence.
- Cash Flow Constraints – The company has experienced negative cash flows from operations and investments in recent years, which may impact its ability to fund growth, repay debts, or finance operations without external funding.
Company Information
Founded in: 2021
MD / CEO: Ritesh Sharma
Address: Plot No. 1658, Phase-1, Sector-38, Industrial Estate Rai, Sonipat, Haryana – 131029, India
Website: https://tipcoengineering.com
Phone: +91-9996635489
Email: investors@tipcoengineering.com
IPO Quick Info
23 Mar 2026
25 Mar 2026
Upcoming
Lead Manager(s)
- Smart Horizon Capital Advisors Pvt.Ltd.
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Frequently Asked Questions
Tipco Engineering provides machinery and turnkey plant solutions to industries such as paints & coatings, chemicals, printing & packaging, metal, construction, and infrastructure.