New Delhi, April 1 -- Tipco Engineering share price made a flat debut in the Indian stock market on Wednesday, April 1. The shares of Tipco Engineering are listed at less than 1% premium on BSE SME.

Tipco Engineering share price opened at Rs.89.25 apiece on BSE. This means that the IPO allottees made less than 1% gain over the Tipco Engineering IPO listing.

The listing of Tipco Engineering IPO came in line with the market expectations. The GMP of Tipco Engineering IPO was +0 ahead of listing. This means that the estimated listing price of Tipco Engineering IPO was Rs.89, same as the IPO price.

Tipco Engineering's IPO is a book-built issue worth Rs.60.55 crore, comprising a fresh issue of 0.54 crore shares amounting to Rs.48.49 crore an...