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Tunwal E-Motors IPO Charges Ahead with 3.02x Subscription on Day 2!

Tunwal E-Motors IPO attracts significant attention, subscribed 3.02 times on Day 2, reflecting strong investor confidence in its future in the electric vehicle industry.
Tunwal E-Motors IPO Charges Ahead with 3.02x Subscription on Day 2!

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 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 IPO Subscription Status

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 Listing Date 

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

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