⛽ Tankup Engineers IPO: Lucknow’s Fuel Hustlers Are Now Filling Investors’ Tanks
💡 CMP: NA | IPO Size: Up to 15.48 lakh shares | Exchange: NSE Emerge (SME Platform)
🎯 Tagline: Tank up your portfolio… or is it time to fuel down?
🏭 Who Are These People, Anyway?
Before you mistake Tankup for a new EV startup, let’s clarify — this ain’t Tesla. It’s a fuel service infrastructure company, born in 2020 in Lucknow (yes, biryani land now does IPOs). Promoted by the Lath family and their LLP, this company isn’t trying to go viral on Shark Tank; it’s quietly fueling Bharat’s diesel needs.
Their claim to fame?
Customised fuel delivery systems
Installation of mobile & static fuel stations
Supplying infrastructure to big fuel giants
Basically, they’re like the Zomato of petrol — minus the memes, plus compliance certificates.
🔍 IPO Mechanics 101: So What’s the Deal?
Details
Info
📅 IPO Dates
TBA
🧾 Issue Size
Up to 15.48 lakh equity shares
💰 OFS?
Nope. All fresh issue
💹 Listing
NSE EMERGE (SME platform)
🏢 Pre-IPO Placement
Possible up to 1.08 lakh shares
🧪 Book-Built?
Yes, 100%
🎯 Face Value
₹10
This is a completely fresh issue, which means all the money raised goes into the company’s tank — not promoter pockets.