Tunwal E-Motors Ltd.
Industry:
Automobile Two & Three Wheelers
Issue Details
Open Date
15 Jul 2024Close Date
18 Jul 2024Size (in Crs.)
115.64
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
59Lot Size
2000
Type
Fixed Price
Face Value
2
Market Lot
1
Objective of the Issue
1. Funding of working capital requirements of the Company.2. Research & Development3. Pursuing Inorganic Growth4. General Corporate Expenses
Description
Our Company was originally incorporated as “Tunwal E-Motors Private Limited” on December 21, 2018, as a privatelimited company under the provisions of the Companies Act, 2013 pursuant to Certificate of Incorporation issued byRegistrar of Companies, Pune (“RoC”). Our Company was converted into a public limited company pursuant toshareholders resolution passed at the general meeting of our Company held on December 1, 2023, and the name of ourCompany was changed to “Tunwal E-Motors Limited” and a Fresh Certificat... Show More
Address
Rama Icon Commercial Building , Office No 501, S. No 24/2, C. T. S No. 2164 , Plot No. 31/11 Sadashiv Peth
Pune
411030
Promoter Holding
Promoters:
Jhumarmal Pannaram Tunwal
Total Share Capital
40672924
Offered to Public
19600000
% Promoter's Holding (Pre-Issue)
98.24
% Promoter's Holding (Post-Issue)
62.34
Shares on offer
Total Share Offer
40672924
Of above offred to public
19600000
Post Issue shares
NA
Post Issue Promoters
62.34
Lead Managers to the Issue:
Horizon Management Pvt Ltd.
Registrar Details
Registrar Name:
Skyline Financial Services Pvt Ltd
Address
D-153/A, 1st Floor , Okhla Industrial Area , Phase - I , New Delhi
110020