Fundraise / allotmentFiled on NSE ·
Tunwal E-Motors Limited files financial results and IPO utilization report for H1 2026
₹81.7 CrFundraise / allotment
Key highlights
- The company raised ₹81.72 crore through IPO of 1,38,50,000 equity shares at ₹59 per share during July 15-18, 2024.
- IPO proceeds utilization as of September 30, 2026: ₹35 crore for working capital, ₹3.94 crore for R&D (₹1.06 crore pending), ₹5 crore for inorganic growth, ₹20.41 crore for general corporate expenses, ₹16.31 crore for fresh issue expenses.
- Unutilized IPO funds of ₹1.06 crore are deposited as fixed deposits with IDFC First Bank Ltd as of September 30, 2026; no deviation or variation in use of funds reported.
Original filing
Integrated Filing- Financial
Read the filing on NSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Rossell Techsys
Aerospace & Defense
Revenue growth 40%+Margin up 2%+
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Tunwal E-Motors
Other fundraise / allotment filings this fortnight
- Fundraise / allotmentJD CablesJD Cables Limited reports H1 FY27 results with ₹168 crore income and new orders
- Fundraise / allotmentKalindKalind Limited announces Board meeting on Nov 18, 2026 to consider ₹500 crore fund raising
- Fundraise / allotmentZ-Tech (India)Z-Tech (India) Ltd Monitoring Agency report on preferential issue proceeds utilization Q2 FY27
- Fundraise / allotmentBalu Forge IndustriesBalu Forge Industries Ltd approves Q2 FY2026 financial results and preferential warrant issue
- Fundraise / allotmentGoldkart JewelsGoldkart Jewels Limited approves preferential issue of up to 41.5 lakh warrants
- Fundraise / allotmentJainik Power CablesJainik Power Cables reports unaudited financial results for half year ended Sept 2026
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.