Tunwal E-Motors IPO Subscription Status, Rate

Tunwal E-Motors IPO Details

Tunwal E-Motors IPO Subscription Status: Tunwal E-Motors IPO is Open on 15 July, 2024 and Close on 18 July, 2024. Tunwal E-Motors IPO to Raise 19,600,000 shares (Approx ₹115.64 Cr) via IPO. The Fresh Issue of 13,850,000 shares (Approx ₹81.72 Cr) and The Offer For Sale is 5,750,000 shares of ₹2 (Approx ₹33.93 Cr).

  • The Retail Quota is 50%
  • QIB is -%
  • NII is 50%

Tunwal E-Motors IPO is an SME IPO and Listed on NSE SME. Tunwal E-Motors IPO Price Band is Fixed at ₹59 Equity Share. Tunwal E-Motors IPO Lot Size is 2000 Shares.

About Tunwal E-Motors IPO :

  • Tunwal E-Motors operates with a streamlined organizational hierarchy, featuring key departments that drive various facets of its operations. The Sales and Marketing Department takes center stage, steering the creation and implementation of effective distribution strategies and managing diverse sales channels. Simultaneously, the Accounts Department ensures financial stability through oversight of financial management, budgeting, auditing, and taxation.The dealer development department within the sales department plays a crucial role in expanding the dealership network, fostering strong relationships, and providing essential support and training. Human Resources (HR) takes charge of recruitment, training, and organizational culture development, sustaining a talented and motivated workforce.

Tunwal E-Motors IPO Subscription Status, Rate bid times

Inv Category Shares Reserved No. of Shares bid for No. of Times (Subscription)
Qualified Buyers (QIBs) 0.00 0.00 0.00
Non Institutional Buyers (NIIs) 0.00 0.00 0.00
Retail Individual Buyers (RIIs) 0.00 0.00 0.00
Anchor Investor 0.00 0.00 0.00
Market Maker 0.00 0.00 0.00
Total 0.00 0.00 0.00

Tunwal E-Motors Subscription Status day-by-day-

Categories 15 July 16 July 18 July
QIB 0.00 0.00 0.00
NII 0.00 0.00 0.00
RII 0.00 0.00 0.00
Total 0.00 0.00 0.00

Tunwal E-Motors Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

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