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IPO Snapshot    
Tunwal E-Motors Ltd.
Issue Open Date 15-Jul-24  
Issue Closing Date 18-Jul-24  
Application Money 100  
Allotment Money  
Price Band 59 -  
Minimium Application No. 2000  
Issue Size (Shares) 19600000  
Market Lot 1.00  
Objective
1. Funding of working capital requirements of the Company.2. Research & Development3. Pursuing Inorganic Growth4. General Corporate Expenses
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     68328000   NA  
Qualified Institutional Buyers     3494000   NA  
Retail Individual Investors     154958000   NA  
Business Description
Our Company was originally incorporated as “Tunwal E-Motors Private Limited” on December 21, 2018, as a privatelimited company under the provisions of the Companies Act, 2013 pursuant to Certificate of Incorporation issued byRegistrar of Companies, Pune (“RoC”
more...
Promoter's Holding
Total Share Capital   40672924  
Offered to Public   19600000  
Promoter's Holding (Pre-Issue)   98.24  
Promoter's Holding (Post-Issue)   62.34  
Address
Rama Icon Commercial Building
Office No 501
S. No 24/2
C. T. S No. 2164
Plot No. 31/11 Sadashiv Peth
Pune ,
Maharashtra ,
411030
Phone: 020-24336001
Email: cs@tunwal.com
Website: www.tunwal.com
Registrar
Skyline Financial Services Pvt Ltd
D-153/A
1st Floor
Okhla Industrial Area
Phase - I
New Delhi
Listed at
NSE
Lead Manager
Horizon Management Pvt Ltd.
Promoters
Jhumarmal Pannaram Tunwal
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