Tipco Engineering India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,876,800 (42%) | — | ₹2,560 Cr |
| NII (HNI) | — | 873,600 (13%) | — | ₹778 Cr |
| Retail | — | 2,032,000 (30%) | — | ₹1,808 Cr |
| Market Maker | — | 1,020,800 (15%) | — | ₹909 Cr |
| Σ Total | — | 6,803,200 (100%) | — | ₹60,548 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹142,400 |
| Retail (Max) | 13 | 20,800 | ₹1,851,200 |
| S-HNI (Min) | 14 | 22,400 | ₹1,993,600 |
| B-HNI (Min) | 67 | 107,200 | ₹9,540,800 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 86 | 133 | 101 |
| EBITDA | 21 | 24 | 12 |
| Profit After Tax | 13 | 16 | 8 |
| Net Worth | 46 | 33 | 13 |
| Total Assets | 115 | 101 | 66 |
| Reserves & Surplus | 31 | 33 | 13 |
| Total Borrowing | 38 | 37 | 26 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment/prepayment of all or certain of our borrowings availed of by our Company – 30.00
- Funding Working Capital Requirement of our Company – 7.66
- General corporate purposes –
Company Overview
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 strengths
- Wide Range of Products
- Repeat orders from Customers
- Experienced Promoter and management team with proven execution capabilities
- Manufacturing setup under one roof
- Strong order book of Rs 1,448.52 Lakhs (As on September 15, 2025)