Tipco Engineering IPO
Market Sentiment
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Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 35.98 | 101.36 | 133.37 | 86.25 |
| Expense | 32.89 | 91.15 | 114.56 | 69.52 |
| Profit (PAT) | 2.56 | 8.45 | 15.61 | 13.19 |
| Total Assets | 28.04 | 65.72 | 100.96 | 114.55 |
Promoters: Mr. Ritesh Sharma and Ms. Sonia Sharma
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,53,19,584 | 87.19% |
Strengths & Risks
- Strong institutional (QIB) demand — 3.2x.
- Revenue grew 32% in the latest reported year.
- Solid profit margin — 11.7%.
- Strong return on equity — 68%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- Elevated leverage — debt/equity of 1.12.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Set up in September, 2021, Tipco Engineering has been operating in the manufacturing of industrial machinery for various sectors like paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure. The firm manufactures mainly 3 categories of industrial machinery, which include Mill Series, used for grinding and milling purposes, Disperser Series, used for mixing and dispersing chemical components, and Homogenizer Series, used to blend or break down particles. The firm operates its 2 manufacturing units situated in Haryana, spanning 1,012.50 sq. meters. Its facility includes advanced CNC machines, laser cutting equipment, welding units, polishing machines, and quality testing systems. Apart from manufacturing, Tipco Engineering also handles turn-key projects for ink, construction chemical, and agro-chemical manufacturing plants.
Tipco Engineering India Ltd., P.No. 1658, Phase I, Sector 38,, Industrial Estate Rai Distt.,, Sonepat, P.S.Rai,, Sonipat, Haryana, 131029
| Purpose | Amount (Cr) |
|---|---|
| Repayment/prepayment of all or certain of our borrowings availed of by our Company | 30.00 |
| Funding the Working Capital Requirement of our Company | 8.16 |
| General Corporate Purpose | - |
Resources & Documents
Tipco Engineering has set a price band of Rs 84–Rs 89 per share for an issue size of Rs 61 crore. The stock listed with a 0.28% gain versus its issue price on April 01, 2026.
Set up in September, 2021, Tipco Engineering has been operating in the manufacturing of industrial machinery for various sectors like paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure. The firm manufactures mainly 3 categories of industrial machinery, which include Mill Series, used for grinding and milling purposes, Disperser Series, used for mixing and dispersing chemical components, and Homogenizer Series, used to blend or break down particles.
The issue is promoted by Mr. Ritesh Sharma and Ms. Sonia Sharma with Smart Horizon Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment/prepayment of all or certain of our borrowings availed of by our Company (Rs 30 crore) and Funding the Working Capital Requirement of our Company (Rs 8 crore).
On fundamentals, the company is posting revenue growth of 31.6%, a profit margin of 11.7%, return on equity of 68.3% in its most recent reported period.
On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Tipco Engineering IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.
See the full Tipco Engineering GMP history and trend, or learn how grey market premium works and how reliable it is.
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