Tankup Engineers, India-based specialized service providers in the mobile fuel distribution sector, finalized their IPO allotment today, April 28, with investors eagerly checking their allotment status online via Bigshare Services. With a massive oversubscription of 124.67 times, the company’s IPO showcases strong investor demand ahead of its NSE SME listing on April 30.
Tankup Engineers Ltd, based in Maharashtra, India, a specialized service provider in mobile fuel distribution and management solutions, finalized its IPO allotment today, April 28. Investors who applied can now check their allotment status online through the registrar’s portal, Bigshare Services Pvt Ltd.
The Tankup Engineers IPO had an impressive subscription rate of 124.67 times during its subscription window from April 23 to April 25, according to data from chittorgarh.com. Such an overwhelming response highlights strong investor confidence ahead of the company’s listing on the NSE SME platform, scheduled for April 30.
Investors who have been allotted shares will see them credited to their demat accounts by April 29. Those who were not allotted shares will have their refunds processed on the same day.
Meanwhile, the Grey Market Premium (GMP) for Tankup Engineers IPO stood at +₹14, indicating an estimated listing price of around ₹154 per share — approximately 10% higher than the issue price of ₹140. The positive trend in GMP over the last 12 sessions suggests a strong potential listing performance.
How to Check Tankup Engineers IPO Allotment Status Online:
- Visit Bigshare Services portal: https://ipo.bigshareonline.com/ipo_status.html
- Select “Tankup Engineers IPO” from the drop-down menu.
- Choose to search via PAN Number, Beneficiary ID, or Application No.
- Click on “Search” to view your allotment status.
Tankup Engineers’ entry into the public market marks an important milestone as it continues to expand its innovative mobile fueling services across India.
