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Tankup Engineers Ltd

Tankup Engineers Ltd

    Registered Office : 1262 SA Goila,Chinhat,Lucknow Uttar Pradesh 226019 Phone : +91 78000 08707
    Fax :

    Email : cs@tankup.co.in

    Website : www.tankup.co.in

Initial public offer of upto 13,95,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Tankup Engineers Limited ("the Company" or "the Issuer") at an issue price of Rs. 140/- per equity share for cash, aggregating up to Rs. 19.53 crores ("Public Issue") out of which 70,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 140/- per equity share for cash, aggregating Rs. 0.98 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 36,000 equity shares aggregating up to Rs. 0.50 crores for subscription by eligible employees (As Defined Hereinafter) (the "Employee Reservation Portion"). The public issue less market maker reservation portion and employee reservation portion i.e. issue of 12,89,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 140/- per equity share for cash, aggregating upto Rs. 18.05 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.35 % and 24.34 % respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is 14 times with the face value of the equity shares. the anchor investor issue price is Rs. 140 per equity share.

Issue

Opens On

Closes On

23-Apr-2025

25-Apr-2025

Money Payable On

Application

Allotment

140.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

18.11

19.53

5.30

140.00

Hem Securities Ltd

Projects
  • Repayment in full or in part of certain of its outstanding borrowings
  • Funding to meet working capital requirements
  • General corporate purposes
Promoted By
  • Gaurav Lath
  • Pankhuri Lath
  • Govind Prasad Lath
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd