The Tunwal E-Motors IPO minimum market lot is 2000 shares with ₹118,000application amount. The Tunwal E-Motors IPO is a Mainline IPO, and it is to be listed on NSE.
Tunwal E-Motors Ltd, an upcoming force in the electric vehicle (EV) manufacturing sector, stands at the forefront of India’s drive towards sustainable and eco-friendly mobility solutions. Established in 2018, the company has rapidly evolved to become a significant player in the market, specializing in the design, development, manufacturing, and distribution of high-quality electric two-wheelers. Over the years, they have achieved a 346% CAGR on revenue, introduced more than 23 models including 7 variants of 2-wheelers, a dealer base of over 225 across India, and established a presence in 19 states.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Tunwal E-Motors IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 1.04 | 1.41 | 7.58 |
| RII | 2.93 | 4.95 | 16.09 |
| Total | 1.98 | 3.18 | 12.02 |
Tunwal E-Motors IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Tunwal E-Motors IPO Review
- May Apply
Tunwal E-Motors IPO Form
How to apply for the Tunwal E-Motors IPO? You can apply for Tunwal E-Motors IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Tunwal E-Motors IPO in the Invest section. The other option is you can apply for Tunwal E-Motors IPO via IPO forms downloaded online. Check out the Tunwal E-Motors forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
