
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
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
27 Mar 2026
Basis finalization
Refunds Initiate
28 Mar 2026
Mandate release
Demat Credit
29 Mar 2026
Shares in demat
Listing Debut
1 Apr 2026
Trading begins
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.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.