Tipco Engineering IPO GMP today is Rs 0.25. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
TIPCOENGINEERING
Tipco Engineering IPO GMP & Allotment
Tipco Engineering IPO is an SME public issue of a company engaged in the manufacturing of industrial machinery used in sectors like chemicals, paints, construction, and packaging. The company also undertakes turnkey projects for industrial plants, positioning itself in the growing engineering and manufacturing segment. The IPO opened on 23 March 2026 and closed on 25 March 2026, with a price band of ₹84–₹89 per share and an issue size of around ₹60–61 crore. The company plans to utilize the funds mainly for debt repayment and working capital requirements. With strong revenue growth and increasing demand for industrial equipment, the company shows potential, though current grey market sentiment remains neutral, indicating cautious listing expectations.
- IPO Price Band
- ₹84.00 - ₹89.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 25 Mar 2026
- Listing Date
- 01 Apr 2026
Quick Answer & Highlights
Tipco Engineering IPO GMP Today & Key Takeaways
Last updated: 26 Mar 2026
Tipco Engineering IPO officially listed on 01 Apr 2026 at Rs 89.25, delivering a +0.28% listing gain compared to its issue price of Rs 89.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹0.25.
Tipco Engineering IPO officially listed on 01 Apr 2026 at ₹89.25, delivering a +0.28% listing gain compared to its issue price of ₹89.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹0.25.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹0.25 | +0.28% vs upper band (26 Mar 2026) |
| Est. Listing Price | ₹89.25 | +0.28% Est. Listing Gain |
| Price Band | ₹84.00 - ₹89.00 | SME IPO |
| Retail Minimum Investment | ₹2,84,800 | 2 Lot (1,600 Shares) |
| Bidding Window | 23 Mar 2026 – 25 Mar 2026 | Listed |
| Allotment & Listing Dates | Allotment: TBA | Listing: 01 Apr 2026 |
Current GMP Status
₹0.25
+0.28% vs upper band
Est. Listing Gain
+0.28%
Last Trend
26 Mar 2026
Listing Price
₹89.25
Retail Entry
₹2,84,800
IPO Details
Complete IPO information
| IPO Open Date | 23 Mar 2026 |
|---|---|
| IPO Close Date | 25 Mar 2026 |
| IPO Price Band | ₹84.00 - ₹89.00 |
| Lot Size | 1,600 Shares |
| Current GMP | ₹0.25 |
| Estimated Listing Gain | +0.28% |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 1.7x |
| Minimum Investment | ₹2,84,800 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Tipco Engineering is priced at ₹89 per share. With a minimum lot size of 1,600 shares, a retail investor applying for one lot would need approximately ₹2,84,800 to participate in this SME issue.
The latest recorded Grey Market Premium for Tipco Engineering stands at ₹0.25, implying an estimated listing gain of around 0.28% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Tipco Engineering's IPO was subscribed 1.7x overall, with a category-wise breakdown of Retail 0.66x, QIB 3.2x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
23 Mar 2026
✓
Bidding Closes
25 Mar 2026
✓
Allotment
TBA
✓
Listing
01 Apr 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 23 Mar 2026 | Completed |
| Bidding Closes | 25 Mar 2026 | Completed |
| Allotment | TBA | Completed |
| Listing | 01 Apr 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 26 Mar 2026 | ₹0.00 | - | 0.00% |
| 25 Mar 2026 | ₹0.00 | - | 0.00% |
| 24 Mar 2026 | ₹0.00 | - | 0.00% |
| 23 Mar 2026 | ₹0.00 | - | 0.00% |
| 18 Mar 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,84,800 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,84,800 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹4,27,200 |
| S-HNI Maximum | 7 Lot | 11,200 | ₹9,96,800 |
| B-HNI Minimum | 8 Lot | 12,800 | ₹11,39,200 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Tipco Engineering IPO Reservation
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 17,20,000 | 25.28% |
| QIB (Ex. Anchor) | 11,56,800 | 17.00% |
| NII | 8,73,600 | 12.84% |
| Retail | 20,32,000 | 29.87% |
Analysis
Tipco Engineering IPO Anchor Investors
| Anchor Bidding Date | March 20, 2026 |
|---|---|
| Shares Offered | 17,20,000 Shares |
| Anchor Size | ₹ — Cr. |
| Lock-in Period (50% Shares - 30 Days) | 2026 |
| Lock-in Period (50% Shares - 90 Days) | 2026 |
Analysis
Tipco Engineering IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Mar 2026 |
| IPO Close Date | 25 Mar 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 01 Apr 2026 |
Note: The timeline for Tipco Engineering IPO is tentative and subject to change.
Analysis
Tipco Engineering IPO Promoters & Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,53,19,584 | 87.19% |
| Promoter Holding Post Issue | 2,07,67,584 | - |
| Promoters |
|---|
| Mr. Ritesh Sharma & Ms. Sonia Sharma |
Analysis
Tipco Engineering Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
About Tipco Engineering IPO
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.
Analysis
Tipco Engineering Company Financials
To Be Updated Soon
Analysis
Tipco Engineering Company Valuation – FY2026
To Be Updated Soon
Analysis
Tipco Engineering IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- Smart Horizon Capital Advisors Pvt. Ltd.
Comparison
Compare Tipco Engineering IPO with similar IPOs
FAQ
Tipco Engineering IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 0.25 and an issue price of Rs 89, the estimated listing price for Tipco Engineering IPO is Rs 89.25 (approx 0.28% listing gain). Actual listing price is determined by market demand on the listing day.
Tipco Engineering IPO price band is Rs 84.00 to Rs 89.00. Check the latest issue price, lot size and GMP together before applying.
Tipco Engineering IPO open date is 23 Mar 2026, close date is 25 Mar 2026, and listing date is 01 Apr 2026.
Tipco Engineering IPO lot size is 1,600 shares. The minimum retail investment is Rs 2,84,800.
Tipco Engineering is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Tipco Engineering IPO subscription status currently shows Retail 0.66x, QIB 3.2x, Overall 1.7x.
Tipco Engineering IPO is an SME public issue of a company engaged in the manufacturing of industrial machinery used in sectors like chemicals, paints, construction, and packaging. The company also undertakes turnkey projects for industrial plants, positioning itself in the growing engineering and manufacturing segment. The IPO opened on 23 March 2026 and closed on 25 March 2026, with a price band of ₹84–₹89 per share and an issue size of around ₹60–61 crore. The company plans to utilize the funds mainly for debt repayment and working capital requirements. With strong revenue growth and increasing demand for industrial equipment, the company shows potential, though current grey market sentiment remains neutral, indicating cautious listing expectations.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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