Price Band
₹133 - ₹140
Lot Size
1000
Issue Size
₹19.53 Cr
GMP
N/A
Subscription
124.67x
Analyzing...
IPO Schedule
1
Open
23 Apr 2025
2
Close
25 Apr 2025
3
Allotment
-
4
Listing
30 Apr 2025
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.
Key Strengths
- High Return on Equity (ROE) of 107.11% indicates strong profitability and efficient capital management.
- Relatively low P/E ratio of 21.26 compared to industry peers (assuming standard engineering sector) suggests potential undervaluation.
- SME segment IPOs can offer higher growth potential compared to large-cap IPOs, though with increased risk.
- Fixed price offering simplifies the investment decision-making process.
- Issue size of ₹19.53 Cr suggests a focused and potentially agile operation.
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.
Valuation Analysis
Considering the high ROE and relatively low P/E ratio, the IPO appears reasonably valued; however, investors should conduct thorough due diligence on the company's specific business operations and growth prospects before investing.
IPO Details
ExchangeNSE
SegmentSME
ISININE0Z7N01017
NSE SymbolTANKUP
Face Value₹10
Lot Size1000
Issue Size₹19.53 Cr
Key Metrics
ROE107.11%
ROCE46.49%
P/E Ratio21.26
Industry P/E20
EPS6.59
PAT Margin13.23%
Debt/Equity1.00
Growth & Quality
ProfitableYes ✓
Subscription
Total1.22x
Documents
RHP not available
Key Dates
Open Date23 Apr 2025
Close Date25 Apr 2025
Listing30 Apr 2025