What is the issue size of Tunwal E-Motors Ltd IPO?

The issue size of the Tunwal E-Motors Ltd IPO is 1156400000.00.

What is 'pre-apply' for Tunwal E-Motors Ltd IPO?

Pre-apply will allow you to apply for the Tunwal E-Motors Ltd IPO 2 days before the subscription period starts.

If I pre-apply for Tunwal E-Motors Ltd IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Tunwal E-Motors Ltd IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Tunwal E-Motors Ltd IPO order is placed?

We will notify you when your Tunwal E-Motors Ltd IPO order is placed with the exchange.

What are the open and close dates of the Tunwal E-Motors Ltd IPO?

Tunwal E-Motors Ltd IPO will be open between 15 Jul '24 and 18 Jul '24.

What is the lot size and minimum order quantity of the Tunwal E-Motors Ltd IPO?

Tunwal E-Motors Ltd IPO lot size is 2000 and minimum order quantity is 4000.

What is the allotment date for the Tunwal E-Motors Ltd IPO?

Tunwal E-Motors Ltd IPO allotment date is 19 Jul '24. For Tunwal E-Motors Ltd IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Tunwal E-Motors Ltd IPO?

For Tunwal E-Motors Ltd, the IPO registrar is SKYLINE. You can check Tunwal E-Motors Ltd IPO allotment status on the website of the registrar.

Where is the Tunwal E-Motors Ltd IPO getting listed?

The shares are proposed to be listed on the NSE - SME.

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Tunwal E-Motors IPO

Tunwal E-Motors Ltd

₹1,18,000 /2000 sharesMinimum Investment

Tunwal E-Motors IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
--₹59.00₹64.00₹5.00 (8.47%)
Tunwal E-Motors IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
15 Jul ‘24 - 18 Jul ‘24₹1,18,0002,000₹59 - ₹59
Issue SizeIPO Doc
115.64CrRHP PDF
About Tunwal E-Motors
Tunwal E-Motors Ltd operates in the electric vehicle (EV) manufacturing industry. The company is involved in the design, development, manufacturing, and distribution of high-quality electric two-wheelers. The company's operations are based in Palsana, Rajasthan. The company is also registered with the Bureau of Indian Standards and SAE International, USA. Tunwal E-Motor’s portfolio includes 23 models, which include seven variants of two-wheelers.;Founded in
2018
Managing director
Mr. Jhumarmal Pannaram Tunwal
Parent organisation
Tunwal E-Motors Ltd
Strengths & Financials of Tunwal E-MotorsStrengths
Risks
The company’s profit after tax (PAT) has risen consistently over the years. PAT rose from Rs 2.34 crore in FY22 to Rs 3.72 crore in FY23 and then to Rs 11.81 crore in FY24.
The company’s portfolio includes a selection of electric scooters, featuring over 23 models, including seven variants, all of which are developed and ready for distribution.
Tunwal E-Motors has a presence in 19 states in India, with a network of over 256 dealers.
Tunwal E-Motors Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Tunwal E-Motors IPOApply asPrice bandApply upto
Regular₹59 - 59₹2 Lakh
High Networth Individual₹59 - 59₹2 - 5 Lakh
For Tunwal E-Motors IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
--	₹59.00	₹64.00	₹5.00 (8.47%)

Bidding Dates	Min. Investment	Lot Size	Price Range
15 Jul ‘24 - 18 Jul ‘24	₹1,18,000	2,000	₹59 - ₹59

Issue Size	IPO Doc
115.64Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹59 - 59	₹2 Lakh
High Networth Individual	₹59 - 59	₹2 - 5 Lakh

Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka

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