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Tunwal E-Motors IPO Soars with 11.57x Subscription on Day 3!

Tunwal E-Motors IPO was subscribed 11.57 times on Day 3, reflecting strong investor confidence and indicating a successful market debut.
Tunwal E-Motors IPO Soars with 11.57x Subscription on Day 3!

Tunwal E-Motors IPO saw a robust subscription rate on Day 3, with the issue being subscribed 11.57 times. This strong interest highlights investor confidence in the company’s potential and market prospects, showing a successful IPO launch for Tunwal E-Motors.

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 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 Listing Date 

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

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