Tunwal E Motors, a rising presence, in the electric vehicle industry stands at the forefront of India’s drive towards sustainable and eco-friendly mobility solutions. Founded in 2018 the company has quickly become a player, focusing on creating notch electric motorcycles through design, production, and distribution efforts.
Throughout the years Tunwal E Motors has launched, over 23 models, which include 7 versions of two-wheelers. They have built a network of more than 225 dealers across India. Have a footprint, in 19 states.
Tunwal E Motors utilizes a state-of-the-art production plant situated in Palsana, Rajasthan to manufacture and assemble scooters in response, to the growing market demand.
Tunwal E Motors is dedicated to meeting the pressing demand, for electric transportation options, in India. They prioritize providing scooters that are easy to use, innovative, and cost-effective. Their goal goes beyond creating top-notch products; they also strive to help create a greener and sustainable future for the country while exploring additional electric mobility solutions.
Tunwal E Motors IPO Complete Details:
Tunwal E Motors IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Tunwal E Motors is Around 14 Rs.
Objects Of Issue:
1. Funding the company’s working capital requirements.
2. Research and development.
3. Pursuing inorganic growth.
4. General corporate expenses.
Promoters:
- JHUMARMAL PANNARAM TUNWAL
FAQs:
When Tunwal E Motors IPO is Opening?
Tunwal E Motors IPO is Opening on 15 July 2024.
When is the Tunwal E Motors IPO Closing?
Tunwal E Motors IPO is Closing on 18 July 2024.
What is the Issue Size of the Tunwal E Motors IPO?
The IPO Issue Size of Tunwal E Motors is 115.64 Crore.
Price Band of Tunwal E Motors IPO?
The price Band of the Tunwal E Motors IPO is 59 rupees per share.
What is the minimum investment for a Tunwal E Motors IPO?
The minimum investment for the Tunwal E Motors IPO is 118,000 Rupees.
Allotment Date of Tunwal E Motors IPO?
The Allotment of Tunwal E Motors IPO is on 19 July 2024.
Listing Date of Tunwal E Motors IPO?
The Listing Of Tunwal E Motors is Scheduled on 23 July 2024.
One Should Apply for Tunwal E Motors IPO or Not?
Will Update Soon..
How to apply for Tunwal E Motors IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Tunwal E Motors IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Tunwal E Motors IPO through the Upstox Old Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Tunwal E Motors IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Tunwal E Motors IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Tunwal E Motors IPO from the list ——–> Click on Tunwal E Motors IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Tunwal E Motors?
Horizon Management Private Limited is the Lead Manager of Tunwal E Motors.
Where To Check the Allotment of Tunwal E Motors IPO?
The allotment status for the Tunwal E Motors IPO will be accessible on the Skyline Financial Services Private Ltd Website.
Tunwal E Motors IPO is going to be listed at?
Tunwal E Motors IPO is going to be listed at NSE SME.
What is the Lot Size of the Tunwal E Motors IPO?
The lot size of the Tunwal E Motors IPO is 2000 Shares.
What is the P/E Ratio of the Tunwal E Motors?
The P/E Ratio of the Tunwal E Motors is 20.71.
What is the EPS of the Tunwal E Motors?
The EPS of the Tunwal E Motors is 2.85.
What is the ROE of the Tunwal E Motors?
The ROE of Tunwal E Motors is 57.53%.
What is the ROCE of the Tunwal E Motors?
The ROCE of Tunwal E Motors is 59.38%.