The Safety Controls & Devices Limited IPO is an upcoming book‑built issue set to hit…
Tipco Engineering IPO Date, Price & Allotment Details
The Tipco Engineering IPO is an upcoming SME public issue that will be listed on the BSE SME platform. The IPO includes a mix of fresh issue shares and an offer for sale (OFS). The company plans to issue 56.70 lakh equity shares, including 45.40 lakh fresh shares and 11.30 lakh shares through OFS.
Tipco Engineering India Limited is engaged in manufacturing and supplying industrial machinery and mixing equipment used in chemical, pharmaceutical, and processing industries. The company offers products such as bead mills, dispersers, mixers, homogenizers, and other specialized machinery.
The funds raised from the IPO will mainly be used for repayment of borrowings, working capital needs, and general corporate purposes.
Tipco Engineering IPO Key Details
| Details | Information |
|---|---|
| IPO Type | Book Built Issue |
| Face Value | ₹10 per equity share |
| Total Shares Offered | 56,70,000 shares |
| Fresh Issue | 45,40,000 shares |
| Offer for Sale | 11,30,000 shares |
| Listing Exchange | BSE SME |
| Promoters | Ritesh Sharma, Sonia Sharma |
These details give investors an overview of the IPO structure and the number of shares being offered to the public.
Tipco Engineering IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | To be announced |
| IPO Close Date | To be announced |
| Allotment Date | To be announced |
| Refund Initiation | To be announced |
| Shares Credited to Demat | To be announced |
| Listing Date | To be announced |
The company has filed the draft documents for the IPO, and the final subscription dates and price band will be announced closer to the launch.
Tipco Engineering Company Financials
| Year | Revenue | Profit After Tax |
|---|---|---|
| FY2023 | ₹35.98 crore | ₹2.56 crore |
| FY2024 | ₹101.36 crore | ₹8.42 crore |
| FY2025 | ₹133.35 crore | ₹15.50 crore |
The Tipco Engineering company has shown strong growth in both revenue and profit over the last few years, reflecting expansion in its industrial machinery business.
Related Posts
