Tipco Engineering India IPO
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Tipco Engineering India IPO details
Schedule of Tipco Engineering India
| Issue open date | 23 Mar 2026 |
| Issue close date | 25 Mar 2026 |
| UPI mandate deadline | 25 Mar 2026 (5 PM) |
| Allotment finalization | 27 Mar 2026 |
| Refund initiation | 30 Mar 2026 |
| Share credit | 30 Mar 2026 |
| Listing date | 01 Apr 2026 |
| Mandate end date | 10 Apr 2026 |
| Lock-in end date for anchor investors (50%) | 26 Apr 2026 |
| Lock-in end date for anchor investors (remaining) | 25 Jun 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Tipco Engineering India
Tipco Engineering India Limited is engaged in the manufacturing and supply of a wide range of industrial plants and machinery used across multiple process industries. The company’s product portfolio includes equipment such as bead mills, dispersers, homogenizers, mixers, and related processing machines designed for industrial production applications. These products are offered across three main categories—Mill Series, Disperser Series, and Homogenizers Series. The company manufactures equipment including horizontal and vertical bead mills, attritor mills, basket mills, high-speed dispersers, twin-shaft and triple-shaft dispersers, in-line and in-tank homogenizers, liquid powder mixing machines, and sigma mixers. Tipco Engineering primarily serves industries such as paints and coatings, chemicals, printing and packaging, metal processing, construction and infrastructure, and machinery and equipment manufacturing. Revenue is generated through the manufacturing and sale of these industrial machines and processing systems to customers operating in these sectors.
Financials of Tipco Engineering India
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 60.55 |
| Fresh Issue – Proceeds go to the company | 48.49 |
| Offer for sale – Proceeds go to the existing investors | 12.06 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment/prepayment of borrowings | 30 (61.87%) |
| Funding working capital requirements | 7.66 (15.80%) |
| General corporate purposes | 10.83 (22.33%) |
Strengths
- Wide product portfolio of industrial machinery across the Mill, Disperser, and Homogeniser series.
- Ability to cater to multiple industries such as paints, chemicals, printing, metals, and infrastructure.
- Strong customer relationships are reflected in repeat orders from existing clients.
- Focus on product innovation and customisation based on customer requirements.
- Promoter background with long-standing experience in machinery manufacturing.
Risks
- Limited operating history as a company may make future performance difficult to predict.
- Negative cash flows in certain periods could affect business growth and financial stability.
- Promoter group entities operate in similar businesses, which may create conflicts of interest.
- Dependence on shared resources and agreements with promoter group entities may affect operations.
- Execution risks in large machinery projects may lead to delays, cost overruns, or operational inefficiencies.