Tunwal E-Motors Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹59
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Tunwal E-Motors Limited IPO
Tunwal E-Motors Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 15 Jul 2024 and concluded on 18 Jul 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹59.
During the bidding window, Tunwal E-Motors Limited witnessed heavy demand with an overall subscription of 11.57 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.
The equity shares of Tunwal E-Motors Limited officially debuted on the stock exchanges on 23 Jul 2024 at an opening listing price of ₹64, delivering a listing day return of +8.47% (premium) over the final issue price. As per the latest market data, the stock trades at ₹60.80, representing an overall gain of +3.05% since its IPO allotment.