SMEClosed

Tunwal E-Motors Limited IPO Subscription Status

📅Offer Date: 15 Jul 2024 – 18 Jul 2024

Minimum investment
₹1,18,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total12.18x
QIB7.71x
NII7.71x
Retail16.64x

Tunwal E-Motors Limited IPO was subscribed 12.18x in total when bidding closed on 18 Jul 2024, with 7.71x in the QIB category, 7.71x in NII, 16.64x in retail. The issue ran from 15 Jul 2024 to 18 Jul 2024 at a price band of ₹59.00 per share.

QIB7.71xNII7.71xRetail16.64xTotal12.18x1×

Times subscribed by category against the 1× line.

17
≈ 1 in 17 retail allotment
low allotment chance

Based on retail subscription (16.64x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail93,10,00015,49,18,40016.64x
Total1,86,20,00022,67,91,60012.18x
QIB / NII93,10,0007,17,80,1007.71x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail54.93914.0216.64x
QIB / NII54.93423.507.71x
Total109.861337.5212.18x

Values derived from share count × issue price (₹59.00)

What this means for allotment & listing

Because Tunwal E-Motors Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Tunwal E-Motors Limited IPO subscription FAQs