The basis of allotment for Tunwal E-Motors IPO is available now.
The Tunwal E-Motors IPO allotment status will be available on Friday, July 19, 2024, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Tunwal E-Motors Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of Tunwal E-Motors IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Tunwal E-Motors IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Tunwal E-Motors Ltd. IPO IPO allotment status is expected on Friday, July 19, 2024. Click the green button Tunwal E-Motors Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Tunwal E-Motors IPO oversubscribed in the retail category, the Tunwal E-Motors IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The Tunwal E-Motors Ltd. listing date is July 23, 2024. The equity shares of Tunwal E-Motors Ltd. will list on NSE SME.
The reason you didn't get the Tunwal E-Motors IPO could be: