
Industrials · BSE
Incorporated in September 2021, Tipco Engineering is engaged in manufacturing and supplying industrial machinery used in industries such as paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure. The company produces a wide range of equipment including bead mills, dispersers, homogenizers, attritor mills, basket mills, sigma mixers, and liquid powder mixing machines, with its products broadly categorized into Mill Series for grinding and milling operations, Disperser Series for mixing and uniform dispersion of chemical components, and Homogenizer Series for blending and achieving consistent texture. Tipco Engineering operates two manufacturing units at Rai Industrial Estate in Sonipat, Haryana, each spread over about 1,012.50 square meters and equipped with advanced CNC machines, laser cutting systems, welding units, polishing machines, and quality testing facilities. The company holds ISO 9001:2015 and ISO 45001:2018 certifications and also undertakes turnkey projects for water-based and solvent-based ink manufacturing plants, construction chemical and adhesive production lines, and agrochemical plant setups, while providing additional services such as construction, installation, erection, dismantling, and commissioning, with a workforce of 96 permanent employees as of December 31, 2025.
Price Band
₹84 – ₹89
Issue Size
₹680.32 L Cr
Lot Size
1600 shares
GMP
Est. Listing
₹89
at current GMP
Subscribed
1.95x
overall
Open
23 Mar 2026
Close
25 Mar 2026
Allotment
27 Mar 2026
Refund
28 Mar 2026
Demat Credit
29 Mar 2026
Listing
1 Apr 2026
Last updated: 1 Apr 2026
Current Premium
Issue Price (Upper)
₹89
Band: ₹84 – ₹89
Estimated Listing Price
₹89
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,42,400
Estimated Profit / Lot
₹0
1600 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | — | 0.0% | ₹89 |
| 26 Sep 2026 | — | 0.0% | ₹89 |
| 25 Sep 2026 | — | 0.0% | ₹89 |
GMP is unofficial market data. Not a guarantee of listing performance.
Tipco Engineering India Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹68,03,200 Crores. The shares are offered at a price band of ₹84 to ₹89 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-03-25, the basis of allotment is scheduled to be finalized on 2026-03-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
The latest grey market premium for Tipco Engineering India Limited IPO is ₹0, which indicates an expected listing price of ₹89.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.