Tankup Engineers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Tankup Engineers Ltd IPO
Registered Office: 1262 SA Goila,Chinhat , Lucknow - 226019 , Uttar Pradesh , India. 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. Employee reservation portion upto 36,000 equity shares or 2.58% of the issue. Price Band: (Rs)140 per equity share of the face value of (Rs)10 each. The cap price is 14 times of the face value of the equity shares. Bids can be made for a minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
23-Apr-25	25-Apr-25	(Rs)140.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :1000 Further Multiples of :1000

(Rs Cr)

Lead Managers to the Issue

Project Cost

0.00

Hem Securities Ltd

Project Financed through Current Offer

19.53

Post Issue Equity Share Capital

5.30

Issue Price

(Rs)140.00

Projects

Repayment in full or in part of certain of its outstanding borrowings	General corporate purposes
Funding to meet working capital requirements

Promoted By
Gaurav Lath
Pankhuri Lath
Govind Prasad Lath

Listing At
NSE - SME

Registrar to the Issue

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