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TUNWALSME / NSEListed

Tunwal E-Motors Limited

Incorporated in December 2018, Tunwal E-Motors Limited is an electric vehicle manufacturer specializing in the design, development, production, and distribution of electric two-wheelers. Offering over 23 models, the company serves 23 states in India through a network of 330+ dealers who provide comprehensive after-sales services. Its Palsana, Sikar manufacturing facility spans 8,000 sq. meters with a production capacity of 41,000 units. As of March 31, 2024, Tunwal E-Motors employs 64 permanent staff trained in quality, safety, and operational excellence.

DRHP
₹59 - ₹5912.18x sub
Listed Price₹64.00
Listing Gain+8.47%
Timeline•Fixed Price IPO
Open15 Jul 2024
Close18 Jul 2024
Allotment19 Jul 2024
Listing23 Jul 2024

Quota Reservation Portions

RetailPortion: 93,10,000 shares
47.5%
OtherPortion: 93,10,000 shares
47.5%
Market MakerPortion: 9,80,000 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,18,000
HNI2 lots / 4,000 shares
₹2,36,000

About the Company

Incorporated in December 2018, Tunwal E-Motors Limited is an electric vehicle manufacturer specializing in the design, development, production, and distribution of electric two-wheelers. Offering over 23 models, the company serves 23 states in India through a network of 330+ dealers who provide comprehensive after-sales services. Its Palsana, Sikar manufacturing facility spans 8,000 sq. meters with a production capacity of 41,000 units. As of March 31, 2024, Tunwal E-Motors employs 64 permanent staff trained in quality, safety, and operational excellence.

Company Promoters

Jhumarmal Pannaram TunwalAmitkumar Pannaram MaliJhumarmal Pannaram Tunwal HUF

Lead Managers

No Lead Managers information available.

Registrar

Skyline Financial Services Private Limited
02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php
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