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Tunwal E-Motors IPO Draws Moderate Interest with 1.85x Subscription on Day 1

News by Aliceblue News Desk

15 Jul 2024

Tunwal E-Motors IPO Draws Moderate Interest with 1.85x Subscription on Day 1

Tunwal E-Motors IPO  received moderate interest on Day 1, with the issue being subscribed 1.85 times. This initial response suggests a positive outlook from investors and market participants regarding the company’s future potential and growth prospects.

Tunwal E-Motors Limited IPO Subscription Status

Steps to check Tunwal E-Motors Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Tunwal E-Motors Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Tunwal E-Motors IPO Allotment Status

The allotment date for the Tunwal E-Motors IPO is set for July 19, 2024, with shares priced at a range of ₹59 per share and a face value of ₹ 2. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.  

Tunwal E-Motors Limited IPO Listing Date 

Tunwal E-Motors IPO is expected to be listed on the NSE SME on July 23, 2024.

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