Tankup Engineers IPO subscribed 7.5 times so far on day 3; here’s how to check allotment status on NSE, Bigshare Services

Tankup Engineers IPO: The ₹19.53 crore initial share sale of Tankup Engineers has been subscribed 7.5 times so far on Friday, the final day of bidding.

The demand was led by non-institutional investors (NIIs) who subscribed their portion 17.94 times, retail investors quota was booked 6.79 times and qualified institutional investors (QIBs) subscribed their part 1.94 times until 11:35 am.

How to check Tankup Engineers IPO allotment status on Bigshare Services

• Visit Bigshare Services' IPO allotment status page: www.bigshareonline.com/ipo_Allotment.html
• From three servers, select any one
• Click on Tankup Engineers Limited from the list
• Enter any of these— PAN card number, application number, or beneficiary ID
• Complete the 'captcha' verification
• Click the search

How to check allotment status on the NSE website

• Visit NSE’s allotment status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select 'Equity & SME IPO bid details'
• Choose 'TANKUP'
• Enter your PAN card number and application number
• Click on submit

Tankup Engineers IPO: Listing date

Shares of Tankup Engineers will hit the secondary market on April 30.

The initial public offering is a fresh issue of 13.95 lakh shares valued at ₹19.53 crore. There is no offer-for-sale component.

The money raised will be used to clear debt and meet working capital requirements.

Investors can apply for a minimum of 1,000 shares for ₹1,33,000.

About the company

Tankup Engineers provides complex mobility and storage solutions. It manufactures different types of tanks like explosive vans, mobile service vans, mobile refuellers, water sprinklers, tank trucks, and blasting shelters.

The company serves sectors like agriculture, construction, mining, logistics, defence, aviation and infrastructure.