Tipco Engineering India Limited IPO Opens on March 23, 2026

Mumbai (Maharashtra) [India], March 18: Tipco Engineering India Limited is an integrated engineering and manufacturing company engaged in the design, fabrication, assembly, and supply of industrial process machinery proposes to open its Initial Public Offering on March 23, 2026, aiming to raise ₹ 60.55 Crores (at upper price band) with shares to be listed on [...]

Dinesh Kumar
Dinesh Kumar Verified Public Figure • 25 Apr, 2026Author
Mar 18, 2026 • 1:51 PM  0
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Tipco Engineering India Limited IPO Opens on March 23, 2026
“Tipco Engineering India Limited IPO Opens on March 23, 2026”
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18 Mar 2026
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Tipco Engineering India Limited IPO Opens on March 23, 2026
Tipco Engineering India Limited IPO Opens on March 23, 2026
Mumbai (Maharashtra) [India], March 18:Tipco Engineering India Limited is an integrated engineering and manufacturing company engaged in the design, fabrication, assembly, and supply of industrial process machinery proposes to open its Initial Public Offering on March 23, 2026, aiming to raise ₹ 60.55 Crores (at upper price band) with shares to be listed on the BSE SME.

The issue size is 68,03,200 equity shares with a face value of ₹ 10 each with a price band of ₹ 84 – ₹ 89 Per Share.

Equity Share Allocation

  • Anchor Portion – Up to 17,20,000 Equity Shares
  • Qualified Institutional Buyer – Not more than 11,56,800 Equity Shares (excluding Anchor portion)
  • Non-Institutional Investors – Not less than 8,73,600 Equity Shares
  • Individual Investors – Not less than 20,32,000 Equity Shares
  • Market Maker – Up to 10,20,800 Equity Shares

The net proceeds from the IPO will be utilized for Repayment/prepayment of all or certain of our borrowings, working capital requirements, and the general corporate purposes. The anchor bidding is on Friday, March 20, 2026. The Issue will open on Monday, March 23, 2026 and will close on Wednesday, March 25, 2026.

Dinesh Kumar

Dinesh Kumar Verified Public Figure • 25 Apr, 2026Author

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