Tunwal E-Motors IPO Subscription Details

Fixed Price IPO | ₹116 Cr | Listed at NSE SME | Mon, Jul 15, 2024 - Thu, Jul 18, 2024

Basis of Allotment - Tunwal E-Motors IPO

Details NII Retail Total
Allocation (No. of shares)93,10,00093,10,0001,86,20,000
Allotment price (Rs.)595959
No.of applications7,15377,01484,167
No.of shares applied7,07,42,00015,40,28,00022,47,70,000
Amount collected (Rs.cr.)417.38 908.77 1,326.14
No.of times subscribed7.6016.5412.07
No.of shares allotted58,60,0001,27,60,0001,86,20,000
Amount (Rs.cr.)34.57 75.28 109.86
No.of allottees2,2516,3808,631

IPO Shares Offered

Tunwal E-Motors IPO is a public issue of 1.86 Cr equity shares. The issue offers 0.93 Cr shares to retail investors , 0.93 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker9,80,0005.78 5.00%
Other* 93,10,00054.93 47.50%
Retail93,10,00054.93 47.50%
Total1,96,00,000115.64 100%

IPO Subscription FAQs

The Tunwal E-Motors IPO is subscribed 12.31 times by Jul 18, 2024 18:19.

Tunwal E-Motors IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional7.61
Retail Individual16.64
Total Subscription12.31

Retail category of Tunwal E-Motors IPO subscribed 16.64 times as of date Jul 18, 2024 18:19. The public issue closes on Thu, Jul 18, 2024 for bidding.

An investor can apply in Tunwal E-Motors IPO online via bank (using ASBA) or the broker (using UPI). The Tunwal E-Motors IPO shares are offered online only.

The Tunwal E-Motors IPO is subscribed 12.31 times by Jul 18, 2024 18:19.

The Tunwal E-Motors IPO allotment status is expected on or around Friday, July 19, 2024. Visit Tunwal E-Motors IPO allotment status to check.

The Tunwal E-Motors IPO listing date is July 23, 2024. The equity share of Tunwal E-Motors IPO will list on NSE SME.

Visit Tunwal E-Motors IPO subscription status page for real-time bidding information about Tunwal E-Motors IPO.

Tunwal E-Motors IPO Timetable

IPO opens OnMonday, July 15, 2024
IPO Closes OnThursday, July 18, 2024
Finalisation of Basis of AllotmentFriday, July 19, 2024
Initiation of RefundsMonday, July 22, 2024
Credit of Shares to Demat AccountMonday, July 22, 2024
IPO Listing DateTuesday, July 23, 2024
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