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15 Days Price Change

Tunwal E-Motors IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 59  to  59 per share
Profile
Min Investment ₹59
Profile
Lot Size 1
Profile
Face Value ₹2
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Tunwal E-Motors Limited is an Indian company specializing in the manufacture of electric vehicles (EVs), particularly electric scooters and motorcycles. Established in Gujarat, India, Tunwal E-Motors has gained recognition for its range of electric two-wheelers designed for urban commuting and personal transportation. The company's product lineup includes various models of electric scooters and motorcycles, catering to different customer needs and preferences. These vehicles typically feature electric motors powered by rechargeable batteries, offering an eco-friendly alternative to traditional internal combustion engine vehicles. Tunwal E-Motors emphasizes innovation in electric vehicle technology, aiming to provide efficient, affordable, and sustainable mobility solutions. As the demand for electric vehicles continues to grow globally, Tunwal E-Motors has positioned itself to contribute to the transition towards cleaner transportation options in India and potentially in international markets as well. Read More

Basic Info

Face Value 2 per share

Price 59  to  59 per share

P/E (x) 25.7

Sales( Cr.) 179

PAT( Cr.) 12

EPS 2.3

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Jhumarmal Pannaram Tunwal Amitkumar Pannaram Mali Jhumarmal Pannaram Tunwal

Pre Issue Share Holding 97.04%

Post Issue Share Holding 62.34%

Listing Details:

Listing Price: 64

Listing Gain: 7.81%

Current Price: 31.7

Gain On Issue: 31.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 15, 2024
Closing Date Jul 18, 2024
Allotment Jul 19, 2024
Refund Jul 22, 2024
Delivery of Shares Jul 22, 2024
Listing Date Jul 23, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 118,000
Retail (Max) 1 2000 118,000
S-HNI (Min) 2 4000 236,000
S-HNI (Max) 8 16000 944,000
B-HNI (Min) 9 18000 1,062,000

Objective of the Issue

1. Funding of working capital requirements of the Company. 2. Research and Development 3. Pursuing Inorganic Growth 4. General Corporate Expenses

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 9800000 74578000 7.6x
Retail 9800000 163072000 16.6x
EMP 0 0 0x
Total 19600000 241276000 12.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Tunwal E-Motors Profit & Loss

#(Fig in Cr.) Mar 2025 TTM
Net Sales 179
Other Income 6
Total Income 185
Total Expenditure 166
Operating Profit 19
Interest 2
Depreciation 1
Exceptional Income / Expenses 0
Profit Before Tax 15
Provision for Tax 3
Profit After Tax 12
Adjustments 0
Profit After Adjustments 12
Adjusted Earnings Per Share 2.1

Tunwal E-Motors Balance Sheet

#(Fig in Cr.) Mar 2025
Shareholder's Funds 103
Minority's Interest 0
Borrowings 3
Other Non-Current Liabilities 6
Total Current Liabilities 82
Total Liabilities 194
Fixed Assets 26
Other Non-Current Assets 4
Total Current Assets 164
Total Assets 194

Tunwal E-Motors Cash Flow

#(Fig in Cr.) Mar 2025
Opening Cash & Cash Equivalents 3
Cash Flow from Operating Activities -53
Cash Flow from Investing Activities -16
Cash Flow from Financing Activities 77
Net Cash Inflow / Outflow 8
Closing Cash & Cash Equivalent 11

Tunwal E-Motors Ratios

# Mar 2025
Earnings Per Share (Rs) 2.13
CEPS(Rs) 2.34
DPS(Rs) 0.1
Book NAV/Share(Rs) 18.54
Core EBITDA Margin(%) 6.92
EBIT Margin(%) 9.8
Pre Tax Margin(%) 8.53
PAT Margin (%) 6.61
Cash Profit Margin (%) 7.24
ROA(%) 6.08
ROE(%) 11.51
ROCE(%) 12.94
Receivable days 45.18
Inventory Days 200.42
Payable days 119.92
PER(x) 13.68
Price/Book(x) 1.58
Dividend Yield(%) 0.34
EV/Net Sales(x) 1.03
EV/Core EBITDA(x) 9.84
Net Sales Growth(%) 0
EBIT Growth(%) 0
PAT Growth(%) 0
EPS Growth(%) 0
Debt/Equity(x) 0.32
Current Ratio(x) 1.99
Quick Ratio(x) 0.8
Interest Cover(x) 7.72
Total Debt/Mcap(x) 0.2

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 2% NA% NA% NA%
ROE Average 12% 12% 12% 12%
ROCE Average 13% 13% 13% 13%

Company Contact Information

Tunwal E-Motors Ltd.

Rama Icon Commercial Building Office No 501, S. No 24/2, C. T. S No. 2164 Plot No. 31/11 Sadashiv Peth

IPO Lead Manager(s)

Tunwal E-Motors Ltd.

Horizon Financial Pvt Ltd

Registrar Info

Tunwal E-Motors Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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