Tunwal E-Motors’s IPO will hit the market on July 15, 2024, and closes on July 18, 2024. The Tunwal E-Motors IPO GMP Kostak rate and subject to sauda updated as of today. The Tunwal E-Motors IPO Grey Market Premium has started with low premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Tunwal E-Motors IPO subscription status here.
Tunwal E-Motors Limited is an electric vehicle (EV) manufacturing company that specializes in designing, developing, manufacturing, and distributing high-quality electric two-wheelers. The company has a presence in 19 states through a network of more than 256 dealers.
The company has a network of around 256 dealers in India. When a dealer is appointed, the company requires them to provide after-sales services such as routine maintenance, battery management, diagnostics, safety checks, and component replacement to customers.
Tunwal E-Motors IPO Issue size of ₹115.64 Crores, in which Fresh Issue of ₹81.72 Crores and Offer For Sale of ₹33.93 Crores and issue price band has been fixed at ₹59 Per Share. The Tunwal E-Motors IPO is to be listed on July 23, 2024, NSE, SME.
What is Tunwal E-Motors IPO GMP Today?
■ The Tunwal E-Motors IPO GMP Today Or Grey Market Premium is ₹5.
What are Tunwal E-Motors IPO Kostak Rates Today?
■ The Tunwal E-Motors IPO Kostak rate is ₹0.
What is Tunwal E-Motors IPO Subject to Sauda Price Today?
■ The Tunwal E-Motors IPO Subject to Sauda rates is ₹7600.
Tunwal E-Motors IPO Approximately Returns?
■ The Tunwal E-Motors IPO’s approximate return is 10%, which can also change according to the Market Sentiment.
Tunwal E-Motors IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 23 Jul 2023 | List:₹64.00 Gain:8.47% | ₹0 | ₹7600 |
| 22 Jul 2024 | ₹5  | ₹0 | ₹7600 |
| 21 Jul 2024 | ₹5 | ₹0 | ₹7600 |
| 20 Jul 2024 | ₹5 | ₹0 | ₹7600 |
| 19 Jul 2024 | ₹5 | ₹0 | ₹7600 |
| 18 Jul 2024 | ₹5  | ₹0 | ₹7600 |
| 17 Jul 2024 | ₹10 | ₹0 | ₹15500 |
| 16 Jul 2024 | ₹10 | ₹0 | ₹15500 |
| 15 Jul 2024 | ₹15 | ₹0 | ₹21000 |
| 14 Jul 2024 | ₹25 | ₹0 | ₹38000 |
| 13 Jul 2024 | ₹25 | ₹0 | ₹38000 |
| 12 Jul 2024 | ₹25 | ₹0 | ₹38000 |
| 11 Jul 2024 | ₹25 | ₹0 | ₹38000 |
| 10 Jul 2024 | ₹25  | ₹0 | ₹38000 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your research before investing in an IPO, regardless of the GMP.
- The IPO GMP is estimated, considering market volatility, limited historical data, underwriting conditions, legal risks, and potential dilution.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on several factors, including the overall market sentiment and the company’s performance in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the general stock market volatility.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
- Risk Factors: Identify and articulate the key risk factors that could impact the IPO GMP and subsequent trading of the company’s shares. These may include industry-specific risks, regulatory uncertainties, economic downturns, and competitive pressures.
| Tunwal E-Motors IPO Details: Click Here Tunwal E-Motors IPO Subscription: Click Here Tunwal E-Motors IPO Allotment: Click Here Tunwal E-Motors IPO Listing: Click Here |
All Tunwal E-Motors IPO-related links are available here. If you want to know the details, click here.
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