Tolins Tyres Limited
₹14,916(66 Shares)
Minimum Investment
IPO Dates
Sep 9, 2024 – Sep 11, 2024
Price Band
₹215–226 per equity share
Lot Size
66
Listing
Sep 16, 2024
Listing At
BSE, NSE
Tolins Tyres Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
23.49x
Tolins Tyres Limited IPO Issue Details
- Issue Price
- ₹215-226 Per Equity Share
- Face Value
- ₹5 Per Equity Share
- Fresh Share
- 88,49,558 shares(aggregating up to ₹200 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 16, 2024
- Registrar
- Cameo Corporate Services Limited
Reservation Details
Shares Offered
15,26,549
Shares Offered
20,35,398
Shares Offered
30,53,097
Company Information
Tolins Tyres Limited is a tyre manufacturing company. The company provides tyre retreading solutions in India and exports to 40 countries, including the Middle East, East Africa, Jordan, Kenya, and Eg...
Valuations
EPS (Pre-IPO)
8.48
EPS (Post-IPO)
6.58
P/E (Pre-IPO)
26.64
P/E (Post-IPO)
34.33
RoNW
25.87%
PAT Margin
11.45%
P/B Value
6.14
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Repayment and/or prepayment, in full, of certain outstanding loans (including foreclosure charges, if any) availed by the Company
- 2Augmentation of long-term working capital requirements of the company
- 3Investment in the wholly owned subsidiary, Tolin Rubbers Private Limited, to repay and/ or prepay, in full, certain of its short-term and long-term borrowings and augmentation of its working capital requirements
- 4General corporate purposes.
Tolins Tyres Limited – Promoter(s)
Contact Details
Corporate Office
No. 1/47, M C Road, Kalady, Ernakulam, Aluva - 683574
Tolins Tyres Limited Allotment & Registrar Details
Check AllotmentCameo Corporate Services Limited
Tolins Tyres Limited IPO Documents
Frequently Asked Questions — Tolins Tyres Limited IPO
The Tolins Tyres Limited IPO price band is set at ₹215.00 to ₹226.00 per equity share.
The lot size for Tolins Tyres Limited IPO is 66 shares per lot. The minimum investment amount is approximately ₹14,916.
The Tolins Tyres Limited IPO opens on Sep 9, 2024 and closes on Sep 11, 2024.
Tolins Tyres Limited IPO is expected to be listed on Sep 16, 2024 on BSE, NSE.
The current GMP for Tolins Tyres Limited IPO is ₹29, suggesting an expected listing price of around ₹244.00. Note: GMP is an unofficial market indicator.
The registrar for Tolins Tyres Limited IPO is Cameo Corporate Services Limited. You can contact them at priya@cameoindia.com.
