Comparison between Flywings Simulator Training IPO and Tankup Engineers IPO.
Flywings Simulator Training IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tankup Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.
| Flywings Simulator Training IPO | Tankup Engineers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. Sobhagya Capital Options Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Flywings Simulator Training IPO is up to ₹54.19 Cr whereas the issue size of the Tankup Engineers IPO is up to ₹18.55 Cr. The final issue price of Flywings Simulator Training IPO is ₹191.00 per share and of Tankup Engineers IPO is ₹140.00 per share.
| Flywings Simulator Training IPO | Tankup Engineers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹181.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹191.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹191.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 600 shares | 1000 shares |
| Fresh Issue Size | 23,63,400 shares | 13,25,000 shares |
| Fresh Issue Size (Amount) | up to ₹45.14 Cr | up to ₹18.55 Cr |
| OFS Issue Size | 4,74,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹9.05 Cr | up to ₹0.00 Cr |
| Issue Size Total | 28,37,400 shares | 13,25,000 shares |
| Issue Size Total (Amount) | up to ₹54.19 Cr | up to ₹18.55 Cr |
Flywings Simulator Training IPO opens on Dec 05, 2025, while Tankup Engineers IPO opens on Apr 23, 2025. The closing date of Flywings Simulator Training IPO and Tankup Engineers IPO is Dec 09, 2025, and Apr 25, 2025, respectively.
| Flywings Simulator Training IPO | Tankup Engineers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 04, 2025 | Apr 22, 2025 |
| Issue Open | Dec 05, 2025 | Apr 23, 2025 |
| Issue Close | Dec 09, 2025 | Apr 25, 2025 |
| Basis Of Allotment (Tentative) | Dec 10, 2025 | Apr 28, 2025 |
| Initiation of Refunds (Tentative) | Dec 11, 2025 | Apr 29, 2025 |
| Credit of Share (Tentative) | Dec 11, 2025 | Apr 29, 2025 |
| Listing date (Tentative) | Dec 12, 2025 | Apr 30, 2025 |
| Anchor Lockin End date 1 | Jan 09, 2026 | May 28, 2025 |
| Anchor Lockin End date 2 | Mar 10, 2026 | Jul 27, 2025 |
Flywings Simulator Training IPO P/E ratio is 13.41, as compared to Tankup Engineers IPO P/E ratio of 21.26.
| Flywings Simulator Training IPO | Tankup Engineers IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.69 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.87 | 73.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.41 | 21.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹194.38 Cr. | ₹74.13 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.75 | 107.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.62 | 46.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.37 | 1.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹14.24 | ₹6.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.75 | 69.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Flywings Simulator Training IPO Retail Individual Investors (RII) are offered 9,93,600 shares while in Tankup Engineers IPO retail investors are offered 9,93,600 shares. Qualified Institutional Buyers (QIB) are offered 5,67,000 shares in Flywings Simulator Training IPO and 2,58,000 shares in Tankup Engineers IPO.
| Flywings Simulator Training IPO | Tankup Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,50,200 shares | 3,85,000 shares |
| Market Maker Reservation | 1,49,400 shares | 70,000 shares |
| QIB | 5,67,000 shares | 2,58,000 shares |
| NII | 4,26,600 shares | 1,94,000 shares |
| RII | 9,93,600 shares | 4,52,000 shares |
| Employee | 0 shares | 36,000 shares |
| Others | ||
| Total | 28,37,400 shares | 13,25,000 shares |
Flywings Simulator Training IPO subscribed 1.67x in total, whereas Tankup Engineers IPO subscribed 124.67x.
| Flywings Simulator Training IPO | Tankup Engineers IPO | |
|---|---|---|
| QIB (times) | 1.56x | 43.65x |
| NII (times) | 3.47x | 437.62x |
| Big NII (times) | 4.66x | |
| Small NII (times) | 1.09x | |
| RII (times) | 0.97x | 46.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.67x | 124.67x |
