Tolins Tyres Ltd IPO

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Listing Details

  • Listing Exchange -
  • Listing Date 16-Sep-24
  • IPO Price Range ₹215
  • Listing Price ₹227
  • Listing Change 0.4 %
  • Last Traded Price ₹179.21
  • Current Change -20.7 %

IPO Details

  • Open Date TBA
  • Close Date TBA
  • Lot Size -
  • IPO Size -
  • IPO Price Range -
  • Min Investment -
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

About Tolins Tyres Ltd

Initial public offer of up to [*] equity shares of face value Rs. 5 each (Equity Shares) of Tolins Tyres Limited for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (the Offer Price), aggregating up to Rs. 230.00 crores comprising of a fresh issue of up to [*] equity shares aggregating to Rs. 200.00 crores (the Fresh Issue) and an offer for sale up to [*] equity shares aggregating up to Rs.30.00 crores (the Offer for Sale), consisting of up to [*] equity shares aggregating up to Rs. 15.00 crores by Alamparambil Varkey Tolin and up to [*] equity shares aggregating up to Rs. 15.00 crores by Jerin Tolin (collectively, the Selling Shareholders and such equity shares, the Offered Shares). The company, in consultation with the book running lead manager, may consider a further issue of equity shares as may be permitted under applicable law to any person(s)) of [*] equity shares for an amount aggregating up to Rs. 25.00 crores, at its discretion, with the roc (pre-ipo placement). If the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr). The price band and the minimum bid lot shall be decided by the company.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked