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Open
9 Sep 2024
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Close
11 Sep 2024
3
Allotment
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Listing
Mon, Sep 16, 2024
Price Band
₹215 to ₹226
Issue Size
1,01,76,991 shares (agg. up to ₹230 Cr)
Lot Size
66 Shares
Listing Date
Mon, Sep 16, 2024
Latest GMP
₹30
Est. Gain
13.27%
✦ AI Insight
GMP Trend
16-09-2024₹30Est. ₹256+13.27%
15-09-2024₹30Est. ₹256+13.27%
14-09-2024₹30Est. ₹256+13.27%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 17.83x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 |
|---|---|
| Assets | 221.60 |
| Total Income | 228.69 |
| Profit After Tax | 26.01 |
| NET Worth | 100.53 |
| Reserves and Surplus | 85.07 |
| Total Borrowing | 78.77 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and / or prepayment, in full, of certain outstanding loans (including foreclosure charges, if any) availed by the Company; | 69.97 |
| 2 | Augmentation of long-term working capital requirements of the Company; | 75.00 |
| 3 | Investment 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; and | 23.15 |
| 4 | General corporate purposes | 15.68 |
About Tolins Tyres IPO
Updated on Aug 12, 2026
Contact Details
Tolins Tyres Ltd. AddressNo.1/47, M C RoadKalady, ErnakulamAluvaAluva, Kerala, 683574+917259287215cs@tolins.comVisit Website