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TankupEngineers IPO

Tankup Engineers
Start Date23-04-2025
Application Timing10am-5pm
Price Range₹133 - ₹140
Min Qty1000
Min. Investment₹140000
Listing DateNA
Close Date25-04-2025

About Tankup Engineers

Tankup Engineers Limited was established in the year 2020. The company specializes in designing superstructures for vehicles that meet complex mobility and storage requirements. The company's headquarters and manufacturing unit is located in Lucknow, the capital of Uttar Pradesh, from where it provides solutions for the whole of India. The company specializes in the manufacture of custom-built tanks that are built to store or transport liquids, gases or solids. The size, material, capacity and functional features of these tanks are decided according to the customer's needs. Tankup Engineering Limited offers a wide range of products and services that meet the needs of today's fast-growing industrial and infrastructure sectors. These include mobile refuelers, water sprinklers and mobile service vans. The company's services are spread across various sectors, including agriculture, mining, construction, logistics, aviation, defense, infrastructure.


 

Why To Invest in Tankup Engineers

Strong Revenue Growth : Revenue increased from 11.85 crore in FY23 to 19.54 crore in FY24.

Impressive Profit Surge: Profit after tax grew over 3X, from 79 lakh in FY23 to 2.57 crore in FY24.

Diverse Industry Presence: Serves high-potential sectors like defense, aviation, and infrastructure.

Customized Product Offering: Focused on tailor-made engineering solutions, giving them a competitive edge.

Utilization of IPO Proceeds: Funds will be used for debt repayment, working capital needs, and general corporate purposes.

Financial Table
Period Ended30 Nov 202431 Mar 202431 Mar 202331 Mar 2022
Assets17.6710.358.682.32
Revenue12.4819.5411.851.4
Profit After Tax0.952.570.790.05
Net Worth6.173.681.110.2
Reserves and Surplus2.273.430.860.05
Total Borrowing7.593.692.571.42
Strengths And Risks
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Fast-Growing Financials: Strong year-on-year growth in both revenue and profitability.
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Sector Diversification: Wide range of sectors reduces dependency on any single industry.
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Customized Engineering: Focus on client-specific needs creates a competitive advantage.
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Experienced Management: Proven capability to scale operations efficiently.
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SME Listing Volatility: Shares listed on SME exchanges may be less liquid and more volatile.
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Dependency on Capital-Intensive Sectors: Fluctuations in infrastructure or industrial investment can affect order flow.
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Borrowings: Total borrowings increased from 2.57 crore in FY23 to 7.59 crore as of Nov 2024.
FAQs
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