Tipco Engineering India Limited
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Following its successful public offering, Tipco Engineering India Limited's made its market debut on Apr 01, 2026 and is now actively traded on the BSEplatform. The IPO mobilized 68,03,200 Shares in total capital, including 54,48,000 Shares in primary equity infusion and ₹12.06 Cr in secondary share sales.
The offering was structured with a price band of ₹84 to ₹89 and minimum investment lots of 1600 shares. Investor participation during the subscription window from Mar 23, 2026 to Mar 25, 2026 demonstrated market confidence in the company's prospects.
The allotment process concluded on Mar 27, 2026, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide range of industrial products - The company offers a wide range of industrial machinery used in different process industries, helping it meet various manufacturing needs.
- Strong repeat orders from customers - A large share of orders comes from existing customers, showing trust in the company’s products and strong customer relationships.
- Integrated manufacturing facility - The company has modern manufacturing facilities with CNC machines and fabrication units, supporting efficient production and better quality control.
- Dependence on key customers - A large share of the company’s revenue comes from a few major customers, and the absence of long-term contracts may lead to fluctuations in orders.
- Dependence on limited suppliers - The company relies on a small number of suppliers for raw materials, which may create risks related to supply disruptions or price changes.
- Risk related to regulatory approvals - Failure to obtain or renew necessary licenses and regulatory approvals could negatively affect the company’s operations and business continuity.
- Mr. Ritesh Sharma
- Ms. Sonia Sharma
Tipco Engineering India Limited
Maashitla Securities Private Limited