Tunwal E-Motors Limited
₹1,18,000(2,000 Shares)
Minimum Investment
IPO Dates
Jul 15, 2024 – Jul 18, 2024
Price Band
₹59–59 per equity share
Lot Size
2000
Listing
Jul 23, 2024
Listing At
NSE SME
Tunwal E-Motors Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
12.18x
Tunwal E-Motors Limited IPO Issue Details
- Issue Price
- ₹59 Per Equity Share
- Face Value
- ₹2 Per Equity Share
- Fresh Share
- 1,38,50,000 shares(aggregating up to ₹81.72 crore)
- Listing At
- NSE SME
- Listing Date
- Jul 23, 2024
- Registrar
- Skyline Financial Services Private Ltd
Reservation Details
Shares Offered
9,80,000
Company Information
Incepted in December 2018, Tunwal E-Motors Limited is an electric vehicle manufacturing company that specializes in designing, developing, manufacturing, and distributing high-quality electric two-whe...
Valuations
EPS (Pre-IPO)
2.85
EPS (Post-IPO)
2.14
P/E (Pre-IPO)
20.71
P/E (Post-IPO)
27.62
RoNW
57.53%
PAT Margin
11.29%
P/B Value
11.92
Objectives of the Issue
- 1Funding of working capital requirements of the Company.
- 2Research & Development
- 3Pursuing Inorganic Growth
- 4General Corporate Expenses
Tunwal E-Motors Limited – Promoter(s)
Contact Details
Corporate Office
Rama Icon Commercial Building, Office No 501, S.No 24/2, C.T.S, No. 2164, lot No. 31/11 Sadashiv Peth, Pune
Tunwal E-Motors Limited Allotment & Registrar Details
Check AllotmentSkyline Financial Services Private Ltd
Tunwal E-Motors Limited IPO Documents
Frequently Asked Questions — Tunwal E-Motors Limited IPO
The Tunwal E-Motors Limited IPO price band is set at ₹59.00 to ₹59.00 per equity share.
The lot size for Tunwal E-Motors Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,18,000.
The Tunwal E-Motors Limited IPO opens on Jul 15, 2024 and closes on Jul 18, 2024.
Tunwal E-Motors Limited IPO is expected to be listed on Jul 23, 2024 on NSE SME.
The registrar for Tunwal E-Motors Limited IPO is Skyline Financial Services Private Ltd. You can contact them at ipo@skylinerta.com.
