What is the issue size of Tolins Tyres Ltd IPO?

The issue size of the Tolins Tyres Ltd IPO is 2300000000.00.

What is 'pre-apply' for Tolins Tyres Ltd IPO?

Pre-apply will allow you to apply for the Tolins Tyres Ltd IPO 2 days before the subscription period starts.

If I pre-apply for Tolins Tyres Ltd IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Tolins Tyres Ltd IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Tolins Tyres Ltd IPO order is placed?

We will notify you when your Tolins Tyres Ltd IPO order is placed with the exchange.

What are the open and close dates of the Tolins Tyres Ltd IPO?

Tolins Tyres Ltd IPO will be open between 09 Sep '24 and 11 Sep '24.

What is the lot size and minimum order quantity of the Tolins Tyres Ltd IPO?

Tolins Tyres Ltd IPO lot size is 66 and minimum order quantity is 924.

What is the allotment date for the Tolins Tyres Ltd IPO?

Tolins Tyres Ltd IPO allotment date is 12 Sep '24. For Tolins Tyres Ltd IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Tolins Tyres Ltd IPO?

For Tolins Tyres Ltd, the IPO registrar is CAMEO. You can check Tolins Tyres Ltd IPO allotment status on the website of the registrar.

Where is the Tolins Tyres Ltd IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

Tolins Tyres IPO

Tolins Tyres Ltd

₹14,190 /66 sharesMinimum Investment

Tolins Tyres IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
--₹226.00₹228.00₹2.00 (0.88%)
Tolins Tyres IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
9 Sep ‘24 - 11 Sep ‘24₹14,19066₹215 - ₹226
Issue SizeIPO Doc
230.00CrRHP PDF
Subscription rateAs of 11 Sep'24, 05:00 PM
Qualified Institutional Buyers25.42x
Non-Institutional Investor27.23x
Retail Individual Investor20.08x
Total23.14x
About Tolins Tyres
Tolins Tyres is a tyre manufacturing company, engaged in the production of both new tyres and tread rubber. The company’s product range includes tyres for two-wheelers, three-wheelers, light commercial vehicles, and agricultural machinery. Tolin Tyres also produces accessories like precured tread rubber, bonding gum, tyre flaps, and vulcanising solutions.
The company’s primary business is the manufacturing of bias tyres for light commercial vehicles, agricultural equipment, and two- and three-wheeler vehicles.
The company has three manufacturing facilities. Two of these are located at Mattoor in Kalady, Kerala, and the third is located in Al Hamra Industrial Zone in Ras Al Khaimah in the UAE. The company and its wholly-owned subsidiaries have a consolidated manufacturing capacity of 1.51 million tyres, 12,486 tonnes of tread rubber and 17,160 tonnes of rubber compound.;Founded in
2003
Managing director
Dr. Kalamparambil Varkey Tolin
Parent organisation
Tolins Tyres Ltd
Strengths & Financials of Tolins TyresStrengths
Risks
The company’s products are exported to 40 countries, including key markets in the Middle East, East Africa, Jordan, Kenya, and Egypt.
Tolins Tyres caters to a wide market spectrum. The company’s OEM partners include Marangoni GRP, Kerala Agro Machinery Corporation Ltd (KAMCO), Redlands Motors, and Tyre Grip.
As of March 31, 2024, the company had a pan-India network of sales channels, with eight depots and 3,737 dealers.
Tolins Tyres offers a product catalogue consisting of 163 stock-keeping units (SKUs) in the tyre category and 1,003 SKUs in tread rubber.
The company has developed T Grip series tyres, which are designed for lower rolling resistance without compromising on longevity. These tyres feature a special blend of rubber compounds to enhance traction in both wet and dry conditions and have new tread patterns. Additionally, the T Grip series complies with BIS Standards.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 113.36 crore in FY22 to Rs 118.25 crore in FY23 to Rs 227.22 crore in FY24, while PAT increased from Rs 0.63 crore in FY22 to Rs 4.99 crore in FY23 to Rs 26.01 crore in FY24.
Tolins Tyres Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Tolins Tyres IPOApply asPrice bandApply upto
Regular₹215 - 226₹2 Lakh
High Networth Individual₹215 - 226₹2 - 5 Lakh
For Tolins Tyres IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
--	₹226.00	₹228.00	₹2.00 (0.88%)

Bidding Dates	Min. Investment	Lot Size	Price Range
9 Sep ‘24 - 11 Sep ‘24	₹14,190	66	₹215 - ₹226

Issue Size	IPO Doc
230.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹215 - 226	₹2 Lakh
High Networth Individual	₹215 - 226	₹2 - 5 Lakh

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Qualified Institutional Buyers	25.42x
Non-Institutional Investor	27.23x
Retail Individual Investor	20.08x
Total	23.14x