TIPCO Engineering India Ltd IPO

TIPCO Engineering India Ltd IPO

The Company is engaged in manufacturing and supplying a comprehensive range of plants and machinery such as bead mill, batch type bead mill, lab bead mill, horizontal bead mill, vertical bead mill, Tungsten Carbide Pin-Type Bead Mill, Disc Type Horizontal Bead Mill, Dyno Mill, Lab Dyno Mill, Pug Mill, Attritor Mill, Lab Attritor Mill, Basket Mill, Combined Pin and Disc Type Bead Mill, Ceramic Bead Mill, Lab High-Speed Disperser, High-Speed Disperser, Twin-Shaft Disperser, Triple-Shaft Disperser, Vacuum High-Speed Disperser, Fixed Type Disperser, Platform Type Disperser, In-Line Homogenizer, In-Tank Homogenizers, High Shear In-Tank Homogenizer, Liquid Powder Mixing Machine, and Sigma Mixer. The Company is serving industries such as Paint and Coatings, Chemical, Printing and packaging, Metal industry, construction and infrastructure and machinery and equipment. The Company offers its plants and machineries mainly across three different series (categories) i.e., Mill Series, Disperser Series and Homogenizers Series.

TIPCO Engineering India Ltd IPO Details

Total Shares Offered

₹ 68,03,200

Offer to Public

13,55,200

Retail Max (Shares)

₹ 20,32,000

Pre Issue Promoters Holding

₹ 1,33,57,380

Exchange

BSE

Issue size

₹ 60.55 Cr

IPO Open Date

Mar 23, 2026

Close Date

Mar 25, 2026

Lot Size

3200

Min Investment

₹ 2,68,800

Issue Type

Book Building - SME

Listing Date

Apr 1, 2026

TIPCO Engineering India Ltd IPO Dates

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Mar 23, 2026
Opening date
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Mar 25, 2026
Closing date
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Mar 27, 2026
Basis of Allotment
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Mar 30, 2026
Initiation of Refunds
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Mar 30, 2026
Credit of Shares
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Apr 1, 2026
Listing date

Details

SectorType
SectorEngineering
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

TIPCO Engineering India Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations19.4310.763.18
EBITDA20.0711.303.27
PAT15.508.422.56
Total Assets66.7961.9126.97
Share Capital0.020.020.01
Total Borrowings40.4133.3114.35
Operating Activities (Net Cash)16.148.962.65
Investing Activities (Net Cash)-2.16-1.05-0.29
Financing Activities (Net Cash)40.4133.3114.35
Net Cashflow1.434.040.16

About TIPCO Engineering India Ltd

The Company was incorporated on September 30, 2021 as Tipco Engineering India Private Limited, a private limited company under the Companies Act, 2013 pursuant to a certificate of incorporation dated September 30, 2021 issued by Deputy Registrar of Companies Registrar of Companies, Central Processing Centre. Further, the Company was converted into a public limited company pursuant to a resolution passed by the Board of Directors in their meeting held on July 15, 2025 and by its Shareholders at an Extra-Ordinary General Meeting held on July 16, 2025 at shorter notice and consequently the name of the Company was changed to `TIPCO Engineering India Limited' and a fresh certificate of incorporation dated September 03, 2025 was issued by Assistant Registrar of Companies Deputy Registrar of Companies/ Registrar of Companies, Central Processing Centre. The corporate identification number of the Company is U29309HR2021PLC098103.

The Company is engaged in manufacturing and supplying a comprehensive range machinery. The manufacturing industry transforms raw materials into finished products on a large scale, serving as the backbone of a nation's economy by creating jobs, fostering innovation, and contributing to international trade. The Indian manufacturing industry generated 16-17% of India's GDP pre-pandemic and is projected to be one of the fastest growing sectors. The machine tool industry was literally the nuts and bolts of the manufacturing industry in India. Today, technology has stimulated innovation with digital transformation a key aspect in gaining an edge in this highly competitive market.

The Company is engaged in manufacturing and supplying a comprehensive range of plants and machinery such as bead mill, batch type bead mill, lab bead mill, horizontal bead mill, vertical bead mill, Tungsten Carbide Pin-Type Bead Mill, Disc Type Horizontal Bead Mill, Dyno Mill, Lab Dyno Mill, Pug Mill, Attritor Mill, Lab Attritor Mill, Basket Mill, Combined Pin and Disc Type Bead Mill, Ceramic Bead Mill, Lab High-Speed Disperser, High-Speed Disperser, Twin-Shaft Disperser, Triple-Shaft Disperser, Vacuum High-Speed Disperser, Fixed Type Disperser, Platform Type Disperser, In-Line Homogenizer, In-Tank Homogenizers, High Shear In-Tank Homogenizer, Liquid Powder Mixing Machine, and Sigma Mixer. The Company is serving industries such as Paint and Coatings, Chemical, Printing and packaging, Metal industry, construction and infrastructure and machinery and equipment. The Company offers its plants and machineries mainly across three different series (categories) i.e., Mill Series, Disperser Series and Homogenizers Series.

Peer Comparison:

  • Tipco Engineering India Limited

TIPCO Engineering India Ltd Key Points

Strengths

Wide Range of Products.

Quality products.

Repeat orders from Customers.

Experienced Promoter and management team with proven execution capabilities and Skilled work force with contemporary capabilities.

Manufacturing setup under one roof.

Risk

Our business operations rely significantly on the continuous and timely supply of raw materials from top one supplier, top 5 and top 10 suppliers, Also, we do not have continuing and exclusive supply agreement with them. Our purchases of stock-in-trade from top 10 suppliers are 59.93%, 56.66% and 67.83% in fiscal years 2025, 2024 and 2023 respectively, accordingly, this exposes us to a concentration of purchases from top 10 suppliers and also, any interruptions or discontinuation of same will adversely impact our overall performance and profitability.

We generate our majority of the sales from domestic market of which major portion of sales from our operations is generated from certain geographical regions especially, Uttar Pradesh, Rajasthan and Haryana which totally contributed 73.03%, 81.86% and 65.46% for fiscals 2025, 2024 and 2023 respectively and minority portion of sales is from international market. Any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.

We have entered into and may enter into related party transactions in the future, however, there can be no assurance that such transactions, individually or taken together, will not have an adverse effect on our business, prospects, results of operations and financial condition.

Strategy

Focus to target export business.

New collaboration to develop new products and quality improvements.

Strengthen relationships with its existing customers and expand customer base.

Focus on increase in volume of sale.

Improve Debt - Equity Ratio.

How To Apply for TIPCO Engineering India Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the TIPCO Engineering India Ltd IPO?

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TIPCO Engineering India Ltd's IPO offers shares for up to 48.49 It begins on Mar 23, 2026 and ends on Mar 25, 2026.

What is the price of the TIPCO Engineering India Ltd IPO?

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The price of TIPCO Engineering India Ltd IPO ranges between ₹84 to ₹89 per share.

What are the open and close dates for the TIPCO Engineering India Ltd IPO?

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The TIPCO Engineering India Ltd IPO opens on Mar 23, 2026 and closes on Mar 25, 2026.

When will the TIPCO Engineering India Ltd IPO be allotted?

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The allotment for the TIPCO Engineering India Ltd IPO will be finalised on Mar 27, 2026. The shares will be listed on BSE and NSE on Apr 1, 2026.

What is the minimum lot size required for TIPCO Engineering India Ltd IPO?

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The minimum lot size for TIPCO Engineering India Ltd IPO is 3200 shares, priced between ₹84 to ₹89 per share.

What is the GMP of TIPCO Engineering India Ltd IPO?

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The GMP (Grey Market Premium) of TIPCO Engineering India Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of TIPCO Engineering India Ltd IPO?

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To check the allotment status of TIPCO Engineering India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the TIPCO Engineering India Ltd IPO getting listed?

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The TIPCO Engineering India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Mar 23, 2026, and closes on Mar 25, 2026. The allotment is finalised on Mar 27, 2026.

How do you apply for the TIPCO Engineering India Ltd IPO?

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To apply for the TIPCO Engineering India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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