Tunwal E-Motors Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 14-07-2024 | 17-07-2024 | 2 | 59 | 2000 Shares | NSE SME | - | 2024-07-18 18:30:00 | 2024-07-21 18:30:00 | 2024-07-21 18:30:00 | 22-07-2024 |
About The Company
Tunwal E-Motors IPO is a fixed price issue of Rs 115.64 crores. The issue is a combination of fresh issue of 138.5 lakh shares aggregating to Rs 81.72 crores and offer for sale of 57.5 lakh shares aggregating to Rs 33.93 crores.
Tunwal E-Motors IPO opens for subscription on July 15, 2024 and closes on July 18, 2024. The allotment for the Tunwal E-Motors IPO is expected to be finalized on Friday, July 19, 2024. Tunwal E-Motors IPO will list on NSE SME with tentative listing date fixed as Tuesday, July 23, 2024.
Tunwal E-Motors IPO price is ₹59 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹118,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹236,000.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2024 | 7583 | 10554 | 1181 | 2053.08 | 0 | 1224.06 |
| 30-03-2023 | 5694 | 7656 | 372 | 821.91 | 0 | 409.4 |
| 30-03-2022 | 5037 | 7566 | 234 | 424.43 | 0 | 321.55 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Non-Institutional Buyes | 7.61 |
| Retail Investors | 16.64 |
| Total | 12.31 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 4000 | 236000 |
IPO Listing Details
| Listing Date | 22-07-2024 |
| BSE Script Code | - |
| NSE Symbol | TUNWAL |
| ISIN | INE0OXV01027 |
| Final Issue Price | 59 |
Promoter holdings
Jhumarmal Pannaram Tunwal, Amitkumar Pannaram Mali And Jhumarmal Pannaram Tunwal HUF
Contact Information of the Company
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: cs@tunwal.com
Website: https://tunwal.com/
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Horizon Financial Pvt Ltd (Past IPO Performance)
