Tipco Engineering India IPO
Tipco Engineering India IPO Details
Tipco Engineering India IPO is a 100% book-built issue offering up to 68.03 lakh equity shares. The issue includes a fresh issue of up to 54.48 lakh equity shares and an offer for sale (OFS) of up to 13.55 lakh equity shares, with a face value of ₹10 per share. The company filed its DRHP with SEBI on September 30, 2025.
The price band for this issue is set at [.] per share and the lot size for an application is [.] The minimum investment required for a retail investor is [.] The IPO will open for subscription from March 23 to March 25, 2026, on the BSE SME platform, with a tentative listing date scheduled for April 1, 2026. Smart Horizon Capital Advisors Private Ltd. is the Book Running Lead Manager (BRLM) for the issue, while Maashitla Securities Private Ltd. is the registrar.
Tipco Engineering India IPO Date & Timeline
The IPO process began with the filing of the DRHP on September 30, 2025. The company will finalize the price band and other details after regulatory approvals. Once the review process is completed, the final bidding dates, allotment schedule, and listing timeline will be announced after the filing of the RHP with SEBI.
Tipco Engineering India IPO GMP (Grey Market Premium)
Grey Market Premium (GMP) refers to the unofficial price at which IPO shares are traded before their official listing on the stock exchange.
Currently, the Tipco Engineering India IPO GMP is trading at ₹[.], reflecting investor sentiment before listing. This suggests a potential listing price of ₹[.], which is [.]% above the issue price. However, GMP is highly volatile and should not be the sole factor considered while making investment decisions.