Tankup Engineers IPO allotment finalised: Steps to check status online on NSE, Bigshare Services

Tankup Engineers IPO allotment status was finalised on Monday, April 28, following a robust response from investors during the subscription period. The bid finanlisation details are available on the websites of the National Stock Exchange (NSE) and the registrar, Bigshare Services Pvt Ltd.

The IPO received a total subscription of 124.67 times during the three-day bidding period from April 23 to April 25. The bidding was led by non-institutional investors (NIIs) who subscribed their portion 437.62 times, the retail investors quota was booked 46.51 times, and the qualified institutional buyers (QIBs) part was subscribed 43.65 times.

The ₹19.53 crore IPO was solely a fresh issue of 13.95 lakh shares. The funds raised will be utilised for working capital needs and debt repayment.

The price band was ₹130 to ₹140 per share, and a lot consisted of 1,000 equity shares.

Steps to check Tankup Engineers IPO allotment status on Bigshare Services

• Go to the IPO allotment status page of Bigshare Services: www.bigshareonline.com/ipo_Allotment.html
• Select any one server from the three available
• From the IPO names, click on 'Tankup Engineers Limited'
• Enter application number, PAN card number, or beneficiary ID
• Complete the 'captcha' verification
• Click the 'search' button

How to check Tankup Engineers IPO allotment status on NSE

• Head of NSE's allotment status portal: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Choose 'Equity & SME IPO bid details'
• From the IPO names, pick 'TANKUP'
• Enter your PAN details and application number
• Click on submit

Tankup Engineers IPO listing date

Tankup Engineers shares will make their secondary market debut on Wednesday, April 30. At 10 am, they will list on the NSE SME platform Emerge.