Tunwal E Motors Limited IPO Subscriptions Status Live Today
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July 15, 2024 - July 18, 2024
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Tunwal E-Motors Limited IPO Details
Issue Open | 15 July 2024 |
Issue Close | 18 July 2024 |
IPO Price | ₹59 per equity share |
Face Value | ₹2 per equity share |
IPO Size | ₹115.64 Cr. |
Listing At | NSE, SME |
IPO Lot Size | 2000 Shares |
IPO Investor Categories
- Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.
- Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.
NII category has two subcategories:
1. sNII -
"sNII" stands for "Small Non-Institutional Investor." This
subcategory includes investors who have bid for shares worth between Rs. 2
lakhs and Rs. 10 lakhs in an IPO.
2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.
- Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
- Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
- Others- A category of eligible shareholders or other investors with a reserved IPO quota.
Frequently Asked Question
The shares will be credited to your Demat account within a few days after the allotment is finalized. The exact date will be mentioned in the IPO schedule.
Minimum and maximum order quantity is 1 lot only.
What are the minimum and maximum order quantity for Tunwal E-Motors Limited IPO?
The meaning of "Tunwal E-Motors Limited IPO GMP" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Tunwal E-Motors Limited IPO on the current day.
Opening date of Tunwal E-Motors Limited IPO is July 15, 2024.
The face value of Tunwal E-Motors Limited IPO is ₹10 per share.
You will receive on Tunwal E-Motors Limited IPO shares in your Demat account on July 19, 2024, if allotted.
Post-issue shareholding of the Tunwal E Motors Limited IPO promoter is 62.34%.
The funds raised from the IPO will be used for business expansion, repayment of debts, working capital requirements, and other corporate purposes as outlined in the company's prospectus.
Tunwal E-Motors Limited IPO share price Shares will be listed at NSE SME.
Pre-issue shareholding of the Tunwal E-Motors Limited IPO promoter is 97.04%.
Yes, you can sell your shares immediately after they are listed on the stock exchange. However, it's advisable to consider market conditions and the company's performance before making any trading decisions.
Tunwal E Motors Limited IPO Products share price ₹59 per share.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in quest laboratories private limited using any neatest method at your convenience.
Tunwal E-Motors Limited IPO shares will get listed on July 23, 2024.
Closing date of Tunwal E-Motors Limited IPO is July 18, 2024.
If you do not get the allotment of on Tunwal E-Motors Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Lot size of the Tunwal E Motors Limited IPO is 2000 shares.
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