Tunwal E-Motors IPO Date, Review, Price, Allotment Details

Last Updated : July 11, 2024

Tunwal E-Motors IPO is offering its shares to the public for the first time through an IPO on the stock exchanges NSE SME. The total amount they aim to raise is Rs 115.64 crore. Out of this, Rs 81.72 crore will be through new shares, and Rs 33.93 crore through existing shares. The IPO is open for subscription from 15 July, 2024 to 18 July, 2024. Each share has a face value of Rs 2, and investors can apply for shares at a price between Rs 59 per share. The minimum number of shares one can apply for is 2000, or multiples of that as mentioned in the offer document.

Check Live IPO GMP List 👈

Check Live IPO Subscription List 👈

Check All IPO Allotment List 👈

Listed

Tunwal E-Motors IPO Details

IPO Category Type:	SME
IPO Open:	15 July, 2024
IPO Close:	18 July, 2024
IPO Price Band:	₹59 Per Share
Face Value:	₹2 Per Equity Share
IPO Listing on:	NSE SME
IPO Issue Type:	Fixed Price Issue
IPO Size:	Approx ₹115.64 Crores
Fresh Issue:	Approx ₹81.72 Crores
Offer for Sale:	Approx ₹33.93 Crores

Tunwal E-Motors IPO Reservation

Retail Quota:	50%
QIB Quota:	[.]%
NII Quota:	50%
Employee Discount:	[.]

Tunwal E-Motors IPO Prospectus

DRHP Draft Prospectus:	Continue Reading
RHP Draft Prospectus:	Continue Reading
Anchor Investors List:	[.]

Tunwal E-Motors IPO Market Lot Details

	Lot Size	Shares	Amount
Retail Minimum	1	2000	₹118000
Retail Maximum	1	2000	₹118000
HNI Minimum	2	4000	₹236000

Tunwal E-Motors IPO Dates

IPO Activity	Date
Open Date:	15 July, 2024
Close Date:	18 July, 2024
Allotment Date:	19 July, 2024
Refund Date:	22 July, 2024
Shares Credit Date:	22 July, 2024
Listing Date:	23 July, 2024

Tunwal E-Motors Company Financial Report

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,582.97	5,694.49	5,037.44
Revenue	10,553.69	7,655.74	7,566.42
Profit After Tax	1,181.17	372.48	233.94
Net Worth	2,053.08	821.91	424.43
Reserves and Surplus	1,224.06	409.40	321.55
Amount in ₹ Lakhs

Tunwal E-Motors Company Address

Tunwal E-Motors Limited
Rama Icon Commercial Building,
Office No 501, S.No 24/2, C.T.S No. 2164,
Plot No. 31/11 Sadashiv Peth,
Pune ,Maharashtra-411 030
India
Website: https://tunwal.com/
Phone: +91-20-24336001
Email: cs@tunwal.com

Tunwal E-Motors IPO Registrar

Skyline Financial Services Private Ltd
D-153A, 1st Floor,
Okhla Industrial Area, Phase-I,
New Delhi -110020
Website: https://www.skylinerta.com/ipo.php
Phone: 02228511022
Email: ipo@skylinerta.com

Tunwal E-Motors IPO - FAQs

Q.What is Tunwal E-Motors IPO?

Ans.Tunwal E-Motors IPO is a SME IPO. The IPO is list on NSE SME. The total amount Tunwal E-Motors aim to raise is Rs 115.64 crore

Q.When Tunwal E-Motors IPO will open?

Ans.Tunwal E-Motors IPO is to open on 15 July, 2024 for Investors.

Q.What is Tunwal E-Motors IPO Investors Portion?

Ans.Tunwal E-Motors investor's portion for QIB is [.]%, NII is 50%, and Retail is 50%.

Q.What is Tunwal E-Motors IPO Size?

Ans.Tunwal E-Motors IPO size is ₹115.64 crores.

Q.What is Tunwal E-Motors IPO Price Band?

Ans.Tunwal E-Motors IPO Price Band is ₹59.

Q.What is the Tunwal E-Motors IPO Allotment Date?

Ans.Tunwal E-Motors IPO allotment date is 19 July, 2024.

Q.What is the Tunwal E-Motors IPO Listing Date?

Ans.Tunwal E-Motors IPO listing date is 23 July, 2024. The IPO is to list on NSE SME.