IPO Schedule
1
Open
23 Apr
2
Close
25 Apr
3
Allotment
-
4
Listing
30 Apr
Tankup Engineers IPO
Issue:₹140
List:₹175
CMP:₹516
NSELot: 1000SME
LISTEDSME
Issue Price₹140
Listing₹175
Current₹516
Content
About Tankup Engineers
Tankup Engineers is an SME focused on providing engineering solutions. While specific details regarding their specialization are unavailable, their high ROE suggests efficient capital utilization and strong profitability.
Subscription Status
QIB
1.94x
NII
0.73x
Retail
1.12x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 43.65x | 1.94x | 1.94x |
| NII | 437.62x | 3.66x | 0.73x |
| Retail | 46.51x | 3.81x | 1.12x |
| Total | 124.67x | 3.12x | 1.22x |
Risk Factors
•SME IPOs are inherently riskier than mainboard IPOs due to factors like lower liquidity and potentially less stringent regulatory oversight.
•Limited information available about Tankup Engineers' specific business operations and competitive landscape makes a comprehensive risk assessment difficult.
•The company's future performance will heavily depend on its ability to maintain its high ROE and manage its growth effectively.