IPO - Initial Public Offerings

 TIPCO

  

TIPCO ENGINEERING INDIA LTD IPO.

23 Mar, 10:00 AM

Issue Open

25 Mar, 05:00 PM

Issue Close

1600

Lot Size

₹ 84.00 – ₹ 89.00

Price Range

IPO Issue Details

Issue size 61.00 Cr
Market Price 89.00
Registrar Maashitla Securities Pvt.Ltd.
Face Value RS.10 /- Per share
Listing at BSE

About

TIPCO ENGINEERING INDIA LTD IPO.
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 3200 ₹ 2,84,800.00
Retail (Max) 2 3200 ₹ 2,84,800.00
S-HNI (Min) 3 4800 ₹ 4,27,200.00
S-HNI (Max) 8 12800 ₹ 11,39,200.00
B-HNI (Min) 9 14400 ₹ 12,81,600.00

IPO TimeLine

Open Date 23-Mar-2026
Close Date 25-Mar-2026
Basis of Allotment Date 27-Mar-2026
Initiation of Refunds 30-Mar-2026
Credit Shares to Demat A/c 30-Mar-2026
IPO Listing Date 01-Apr-2026