Tipco Engineering India Ltd. IPO

Incorporated in September, 2021, Tipco Engineering is engaged inmanufacturing and supplying industrial machinery for various industries, including paint and coatings, chemicals, printing and packaging, metal, construction, and infrastructure.

The company manufactures a wide range of machines including Bead Mills (Batch Type, Lab, Horizontal, Vertical, Pin-Type, Disc Type, Dyno Mill, etc.), Dispersers (High-Speed, Twin-Shaft, Triple-Shaft, Vacuum, Platform, and Fixed Type), and Homogenizers (In-Line, In-Tank, High Shear), and other equipment such as Attritor Mill, Basket Mill, Sigma Mixer, and Liquid Powder Mixing Machine.

The company offers machinery under three categories:

  1. Mill Series– Used for grinding and milling operations.
  2. Disperser Series– Used for mixing and dispersing chemical components uniformly.
  3. Homogenizer Series– Used to blend or break down particles for uniform texture and consistency.

The company operates two units located at Rai Industrial Estate, Sonipat, Haryana, each covering about 1,012.50 sq. meters. The facilities are equipped with advanced CNC machines, laser cutting equipment, welding units, polishing machines, and quality testing systems.

The company is certified with quality standards, including ISO 9001:2015 and ISO 45001:2018.

In addition to manufacturing, it also undertakes turnkey projects for Water-based and solvent-based ink manufacturing plants, construction chemical and adhesive production lines, and agro-chemical plant setups.

The company also provides comprehensive services, including construction, erection, dismantling work, installation, and commissioning charges, among others.

As of December 31, 2025, the company had 96 permanent employees.

Competitive strengths

  • Wide Range of Products
  • Repeat orders from Customers
  • Experienced Promoter and management team with proven execution capabilities
  • Manufacturing setup under one roof
  • Strong order book of Rs 1,448.52 Lakhs (As on September 15, 2025)

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets114.55100.9665.7228.04
Total Income86.25133.37101.3635.98
Profit After Tax13.1915.618.452.56
EBITDA20.8923.8512.143.47
NET Worth46.4133.2312.512.57
Reserves and Surplus31.0933.2112.502.56
Total Borrowing37.5237.2325.688.42
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment/prepayment of all or certain of our borrowings availed of by our Company30.00
2Funding Working Capital Requirement of the Company7.66
3General corporate purposes 
 Total37.66

Key Performance Indicator (KPI)

KPIDec 31, 2025Mar 31, 2025
ROE33.12%68.26%
ROCE24.76%33.27%
Debt/Equity0.811.12
RoNW28.41%46.98%
PAT Margin15.35%11.72%
EBITDA Margin24.32%17.91%
Price to Book Value 4.10
 Pre IPOPost IPO
EPS (₹)10.198.47
P/E (x)8.7310.51
 

Tipco Engineering IPO Details

IPO Date 23 to 25 Mar, 2026
Listing Date Wed, Apr 1, 2026T
Face Value ₹10 per share
Price Band ₹84 to ₹89
Lot Size 1,600 Shares
Sale Type Fresh capital cum OFS
Issue Type Bookbuilding IPO
Listing At BSE SME
Total Issue Size 68,03,200 shares (agg. up to ₹61 Cr)
Reserved for Market Maker
10,20,800 shares (agg. up to ₹9 Cr)
Fresh Issue (Ex Market Maker) 44,27,200 shares (agg. up to ₹39 Cr)
Offer for Sale 13,55,200 shares of ₹10 (agg. up to ₹12 Cr)
Net Offered to Public 57,82,400 shares (agg. up to ₹51 Cr)
Share Holding Pre Issue 1,53,19,584 shares
Share Holding Post Issue 2,07,67,584 shares

Tipco Engineering IPO Promoter Holding

Mr. Ritesh Sharma and Ms. Sonia Sharma are the company promoters.

Share Holding Pre Issue87.19%
Share Holding Post Issue 

SHARIAH SCREENING for - Tipco Engineering India Ltd. IPO

BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in

Spread the Knowledge - Share the Latest IPO Updates and Shariah Compliant IPO's.

Latest Current & Upcoming IPOs in BSE & NSE - Including Shariah Compliant.

The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.

IPO

Om Power Transmission IPO Details

Last Updated on April 9, 2026 Om Power Transmission Ltd. IPO Incorporated in June 2011, Om Power Transmission Limited is a power transmission infrastructure engineering, procurement, and construction (EPC) company

Read More »
IPO

Safety Controls & Devices IPO Details

Last Updated on April 1, 2026 Safety Controls & Devices Ltd. IPO Incorporated in June 2015, Safety Controls and Devices Limited specialises in EPC (Engineering, Procurement, and Construction), focusing on

Read More »

Dear Halal Stock Users,

If you believe our website is a valuable resource,
we invite you to support us.
Your contribution ensures free access for all
and fuels future development.

You can contribute as little as
100, 200, 500 & so…
every bit counts.

Thank you for your support!