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Tunwal E-Motors: IPO, Share Price and Results Since Listing
Tunwal E-Motors listed on NSE Emerge on 23 July 2024 after an IPO at INR 59 a share. On 11 November 2026 the shares closed at INR 24.65, 58.22% below the issue price. For H2 FY2026 it reported revenue of INR 132.47 crore (+27.17% on a year earlier) and a profit after tax of INR 4.27 crore.
Key Facts
- IPO dates
- 15 July 2024 to 18 July 2024
- Issue price
- INR 59
- Issue size
- INR 115.64 crore
- Subscription
- 12.18 times
- Lead manager
- Horizon Management Private Limited
- Listing day
- opened at INR 64 (+8.47%), closed at INR 60.80 (+3.05%)
- Listed on NSE Emerge
- 23 July 2024
- Symbol
- TUNWAL
- Latest close
- INR 24.65 on 11 November 2026
- Against issue price
- -58.22%
- Lot size now
- 2,000 shares (INR 49,300 at the latest close)
Results Filed With NSE
Consolidated figures, INR crore. Change compares with the same period a year earlier.
| Period | Revenue | Change | Profit after tax | EPS (INR) | Filed | |
|---|---|---|---|---|---|---|
| H2 FY2026 | 132.47 | +27.17% | 4.27 | 0.74 | after listing | 26 May 2026 |
| FY2026 | 276.84 | +55.01% | 12.84 | 2.23 | after listing | 26 May 2026 |
| H1 FY2026 | 144.37 | – | 8.56 | 1.49 | after listing | 14 November 2025 |
| H2 FY2025 | 104.17 | – | 6.40 | 1.16 | after listing | 11 July 2025 |
| FY2025 | 178.59 | – | 11.80 | 2.31 | after listing | 11 July 2025 |
Promoter Holding
Promoter holding has moved from 62.34% on 22 July 2024 to 63.90% on 30 September 2026 (+1.56 percentage points).
| As of | Promoters | Public |
|---|---|---|
| 30 September 2026 | 63.90% | 36.10% |
| 30 June 2026 | 63.90% | 36.10% |
| 31 March 2026 | 63.90% | 36.10% |
| 31 December 2025 | 63.90% | 36.10% |
| 30 September 2025 | 63.90% | 36.10% |
| 15 April 2025 | 63.90% | 36.10% |
| 31 March 2025 | 62.34% | 37.66% |
| 30 September 2024 | 62.34% | 37.66% |
| 22 July 2024 | 62.34% | 37.66% |
Next Board Meeting
14 November 2026: Financial results
Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.