Tipco Engineering IPO Listing 2026 – Allotment, Demat Credit & BSE SME Debut

Tipco Engineering India made its stock market debut on the BSE SME platform with a flat listing, reflecting muted investor sentiment around the issue. The shares were listed close to their issue price, indicating limited enthusiasm from the market despite steady fundamentals.

Tipco Engineering IPO Listing Details

The IPO, valued at around ₹60–61 crore, was open for subscription between March 23 and March 25, 2026, with a price band of ₹84 to ₹89 per share.

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Investor response to the IPO remained weak during the subscription period. The issue was under-subscribed overall, with particularly low participation from retail investors, signaling cautious sentiment in the SME IPO segment.

The offering consisted of a mix of fresh issue and offer for sale (OFS), with funds primarily intended for debt repayment, working capital requirements, and general corporate purposes.

About Company

Founded in 2021, Tipco Engineering manufactures and supplies a wide range of industrial machinery used across sectors like paints, chemicals, construction, metals, and packaging. Its product lineup includes bead mills, dispersers, homogenizers, and other specialized equipment, grouped into Mill, Disperser, and Homogenizer series for grinding, mixing, and material processing. The company also undertakes turnkey projects for setting up manufacturing plants and provides services such as installation, commissioning, and maintenance.

Tipco operates two manufacturing units in Sonipat, Haryana, equipped with advanced machinery and supported by ISO-certified quality and safety standards. With a diversified product portfolio, strong repeat clientele, and an experienced management team, the company has built a solid operational base. As of late 2025, it had an order book of over ₹14 crore and a workforce of 96 employees.