Tolins Tyres Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 08-09-2024 | 10-09-2024 | 5 per share | 0 | 66 Shares | BSE, NSE | - | 2024-09-11 18:30:00 | 2024-09-12 18:30:00 | 2024-09-12 18:30:00 | 15-09-2024 |
About The Company
Tolins Tyres IPO is a book built issue of Rs 230.00 crores. The issue is a combination of fresh issue of 0.88 crore shares aggregating to Rs 200.00 crores and offer for sale of 0.13 crore shares aggregating to Rs 30.00 crores.
Tolins Tyres IPO opens for subscription on September 9, 2024 and closes on September 11, 2024. The allotment for the Tolins Tyres IPO is expected to be finalized on Thursday, September 12, 2024. Tolins Tyres IPO will list on BSE, NSE with tentative listing date fixed as Monday, September 16, 2024.
Tolins Tyres IPO price band is set at ₹215 to ₹226 per share. The minimum lot size for an application is 66 Shares. The minimum amount of investment required by retail investors is ₹14,916. The minimum lot size investment for sNII is 14 lots (924 shares), amounting to ₹208,824, and for bNII, it is 68 lots (4,488 shares), amounting to ₹1,014,288.
Saffron Capital Advisors Private Limited is the book running lead manager of the Tolins Tyres IPO, while Cameo Corporate Services Limited is the registrar for the issue.
Refer to Tolins Tyres IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 02-07-2024 | 222 | 229 | 26 | 100.53 | 85.07 | 78.77 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Qualified Institutions | 26.72 |
| Non-Institutional Buyers | 28.80 |
| Retail Investors | 22.45 |
| Total | 25.03 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 66 | 14916 |
| Retail | 13 | 858 | 193908 |
| S-HNI (Min) | 14 | 924 | 208824 |
| HNI | 67 | 4422 | 999372 |
| B-HNI (Min) | 68 | 4488 | 1014288 |
IPO Listing Details
| Listing Date | 15-09-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
The Promoters of the company are Kalamparambil Varkey Tolin and Jerin Tolin.
Contact Information of the Company
Tolins Tyres Limited
No. 1/47, M C Road
Kalady, Ernakulam
Aluva - 683574
Phone: +917259287215
Email: cs@tolins.com
Website: https://www.tolinstyres.com/
IPO Registrar
Tolins Tyres Limited
No. 1/47, M C Road
Kalady, Ernakulam
Aluva - 683574
Phone: +917259287215
Email: cs@tolins.com
Website: https://www.tolinstyres.com/
IPO Lead Manager
Saffron Capital Advisors Private Limited (Past IPO Performance)