Tunwal E-Motors Ltd 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 Ltd IPO Allotment Status Check
To ascertain their allocation status for the Tunwal E-Motors IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Skyline Financial Services website.
IPO Allotment Status BSE
Here are steps to check Tunwal E-Motors Limited IPO allotment status on BSE website
Step 1: Visit BSE website
Step 2: Select ‘Equity’ under the Issue Type
Step 3: Choose Tunwal E-Motors Ltd from the drop-down menu
Step 4: Enter Application No or PAN
Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”
Steps to check Tunwal E-Motors allotment status on Skyline Financial Services website
Step 1: Visit IPO registrar website – Skyline Financial Services
Step 2: Select ‘Tunwal E-Motors’ from the Select Company dropdown menu
Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC
Step 4: Enter the details as per the option selected
Step 5: Hit the Submit button
Your Tunwal E-Motors IPO allotment status will be reflected on the screen.
Tunwal E-Motors Limited IPO GMP Today
The Tunwal E-Motors IPO GMP (Grey Market Premium) is ₹10 as of July 18.
Tunwal E-Motors Limited IPO Subscription Status
Tunwal E-Motors IPO continued to draw interest on Day 2, being subscribed 3.02 times. This robust uptake highlights ongoing investor enthusiasm and confidence in the company’s potential within the EV sector.
Tunwal E-Motors Limited IPO Details
The Tunwal E-Motors IPO, totaling Rs 115.64 crores, includes a fresh issue of 138.5 lakh shares for Rs 81.72 crores and an offer for sale of 57.5 lakh shares at Rs 33.93 crores. Open from July 15 to July 18, 2024, it will be listed on NSE SME on July 23. Shares are priced at ₹59, with a minimum investment for retail at ₹118,000. Horizon Management and Skyline Financial Services manage the IPO, with Nikunj and Giriraj as market makers.