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
| DRHP | Download |
Tunwal E-Motors IPO Reviews
IPOWala –
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
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
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