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

The Tunwal E-Motors IPO has begun on 15-July-2024. It will close on 18-July-2024. The Total IPO Size is 115.64 Crores.

Tunwal E-Motors has set its IPO price is 59 Rs Per Share. They divided IPO into two general categories 1) Others 2) Retail.

Tunwal E-Motors is one of the leading company in the EV 2-wheeler sector, committed to advancing innovation in EV 2-wheeler manufacturing.

They have achieved a 346% CAGR on revenue, introduction of more than 23 models including 7 variants of 2 wheelers, dealer base of over 225 across India and established a presence in 19 states.

They have more than 23 different models which have been launched in the domestic market catering to the various needs and segments.

Check :- Upcoming SME IPO 2024

Tunwal E-Motors IPO Promotor Holding

Jhumarmal Pannaram Tunwal, Amitkumar Pannaram Mali And Jhumarmal Pannaram Tunwal HUF are the promoters of the company.

Tunwal E-Motors IPO Date, Details & Price Band

IPO Opening Dates 15-July-2024
IPO Closing Dates 18-July-2024
Price Band 59 Rs
Fresh Issue 81.72 Crore
OFS size 33.93 Crore
Total IPO size 115.64 Crore
Minimum bid (lot size) 2,000 Shares
Face Value 2 INR Per Share
Listing On NSE SME

Tunwal E-Motors IPO Market Lot

The Tunwal E-Motors IPO minimum market lot is 2,000 shares With 118,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 2,000 118,000 Rs
Maximum 1 2,000 118,000 Rs
S-HNI (Min) 2 4,000 236,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-24 7,582.97 10,553.69 1,181.17
31-Mar-23 5,694.49 7,655.74 372.48
31-Mar-22 5,037.44 7,566.42 233.94

Tunwal E-Motors IPO GMP Grey Market Premium

Tunwal E-Motors IPO GMP Grey market premium has been started today. Check Latest Tunwal E-Motors IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Tunwal E-Motors IPO Prospectus

Tunwal E-Motors IPO
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Tunwal E-Motors IPO Reviews

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Tunwal E-Motors IPO Form Download

Tunwal E-Motors IPO is available on NSE Website as well as on our Portal. Please click here

Tunwal E-Motors IPO form Download.

Tunwal E-Motors IPO Allotment Date & Details

Allotment Date 19-June-2024
Initiation of refunds 22-July-2024
Transfer of shares to Demat accounts 22-July-2024
Listing Date 23-July-2024
Check Allotment Status Click here

Registrar of Tunwal E-Motors IPO

D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020
Contact Number: +91-11-40450193-197
Email Address: [email protected]
Investor Grievance Email Address: [email protected]
Contact Person: Anuj Kumar
Website: www.skylinerta.com
SEBI Registration No.: INR000003241
CIN: U74899DL1995PTC071324

Tunwal E-Motors Contact Details

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, 4110
Phone: +91-20-24336001
Email: [email protected]
Website: https://tunwal.com/

Tunwal E-Motors IPO Lead Managers

Horizon Management Private Limited
19 R N Mukherjee Road, Main Building, 2nd Floor,
Kolkata- 700 001, West Bengal, India.
Telephone: +91 33 4600 0607 Facsimile: +91 33 4600 0607
E-mail: [email protected]
Website: www.horizonmanagement.in
Investor grievance: [email protected]
SEBI Registration Number: INM000012926
Contact Person: Akash Das