Bidding Dates
15 Jul 24 - 18 Jul 24
Price Range ₹
59 - 0
Total Equity
₹ 115.64Cr
Lot Size
2000
Exchange Status
NSE
IPO Doc
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
Offer start
15 Jul 2024
Offer end
18 Jul 2024
Allotment
19 Jul 2024
Refund initiation
22 Jul 2024
Demat transfer
22 Jul 2024
Listing
23 Jul 2024
Offer start
15 Jul 2024
Offer end
18 Jul 2024
Allotment
19 Jul 2024
Refund initiation
22 Jul 2024
Demat transfer
22 Jul 2024
Listing
23 Jul 2024
Founded in December 2018, Tunwal E-Motors Limited is an electric vehicle (EV) manufacturing company that focuses on designing, developing, manufacturing, and distributing high-quality electric two-wheelers. The company has launched over 23 different models in the local market to meet diverse needs. Tunwal E-Motors has a presence in 19 states, supported by a network of more than 256 dealers across India. When appointing a dealer, the company requires them to provide after-sales services, including routine maintenance, battery management, diagnostics, safety checks, and component replacement. The company's manufacturing facility, located in Palsana, Sikar, spans 8,000 square meters. This plant has the capacity to produce up to 41,000 electric bikes. As of March 31, 2024, Tunwal E-Motors employed 64 permanent staff members. The company regularly trains its employees to enhance operational excellence, boost productivity, and maintain high standards of quality and safety compliance.
Year Founded
21-12-2018
Promotor Details
Jhumarmal Pannaram Tunwal
Particular | Pre-IPO | Post-IPO |
---|---|---|
Percentage | 98.24 | 62.34 |
Share Capital | 40672924 | 34473317 |
1,96,00,000.00 Cr
Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
---|---|---|---|---|---|
2023 | 5,694.49 | 412.51 | 7.19 | 7.19 | 0.0346 |
2022 | 5,037.44 | 102.88 | 233.94 | 233.94 | 0.5685 |
2021 | 577.92 | 52.00 | 233.94 | 233.94 | 0.5685 |