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Tipco Engineering IPO

Industrial Machinery - Listed on 01 April 2026

+0.3% listing gain
Issue Price (Upper)
Rs 89
Listing Price
Rs 89.25
Closing Price (NSE)
Rs 84.79
Total Subscription
1.95x

Tipco Engineering IPO listing summary

Tipco Engineering (Industrial Machinery) closed its IPO window in 2026 and listed on NSE and BSE on 01 April 2026 at an upper band issue price of Rs 89, opening at Rs 89.25 for a listing gain of +0.3% and closing day one at Rs 84.79 (-4.7% on closing basis). The IPO was subscribed 1.95x overall - QIB 3.20x, HNI/NII 3.29x, Retail 0.66x. The total issue size was Rs 60.55 Cr (Fresh Issue Rs 48.49 Cr, OFS Rs 12.06 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+0.28%
Listing Gain (Close)
-4.73%
Day Change After Listing
-5.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB3.20x
HNI / NII3.29x
Retail0.66x
Overall1.95x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.29x
Day 20.55x
Day 3 (Final)1.95x

Tipco Engineering IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 00.00%
Day 2Rs 0-
Day 3Rs 0-
Day 4Rs 0-
Day 5Rs 0-

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
0.0%
IPOGyani AI Prediction
-
Actual Listing Gain
+0.3%

Issue & financials

Issue SizeRs 60.55 Cr
Fresh IssueRs 48.49 Cr
OFSRs 12.06 Cr
IPO PE8.18
Peer / Sector PE20.00
PE vs Sector Ratio0.41
Latest EBITDA (Cr)17.91
Debt / Equity1.12

Market context at listing

How the broader market moved around the Tipco Engineering IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.61%
Nifty 1W Return-2.69%
Nifty 1M Return-8.79%
Nifty during IPO window+3.53%

Tipco Engineering IPO - FAQs

What was the listing gain of Tipco Engineering IPO?

Tipco Engineering IPO listed at +0.3% versus the upper issue price of Rs 89 on 01 April 2026.

How many times was Tipco Engineering IPO subscribed?

Tipco Engineering IPO was subscribed 1.95x overall. QIB portion was subscribed 3.20x, HNI / NII 3.29x and Retail 0.66x.

What was the IPO GMP for Tipco Engineering?

IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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