Tolins Tyres IPO Date, Review, Price, Allotment Details

Tolins Tyres IPO Review

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Tolins Tyres IPO Details

Tolins Tyres IPO Market Lot

The Tolins Tyres IPO minimum market lot is 66 shares with ₹14,916 application amount. The retail investors can apply up-to 13 lots with 858 shares or ₹193,908 amount.

Tolins Tyres IPO Dates

The Tolins Tyres IPO date is September 9 and the close date is September 11. The Tolins Tyres IPO allotment will be finalized on September 12 and the IPO listing on September 16.

Promoters of Tolins Tyres

The promoters of the company are Kalamparambil Varkey Tolin and Jerin Tolin.

About Tolins Tyres

In 1982, Tolins Tyres was established by the K.P.Varkey and has since become a prominent player in the Tyre & Treads sector, in India with a wide array of offerings. They manufacture new tires and tread rubber and have established themselves as a major tyre retreading solutions provider across India and exported to 40 foreign countries.

The company primarily focuses on manufacturing bias tyres for various vehicles and precured tread rubber, as well as ancillary products like bonding gum, vulcanizing solution, tyre flaps, and tubes. The company operates from three facilities, two in India and one in the UAE.

Tolins Tyres Company Financial Report

The company reported revenue of ₹228.69 crores in 2024 and The company reported a profit of ₹26.01 crores in 2024.

Amount ₹ in Crores

Tolins Tyres IPO Valuation – FY2024

Check Tolins Tyres IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Repayment and/or prepayment, in full, of certain outstanding loans (including foreclosure charges, if any) availed by the Company;
• Augmentation of long-term working capital requirements of the company;
• 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
• General corporate purposes.

Tolins Tyres IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

IPO Lead Managers aka Merchant Bankers

• Saffron Capital Advisors Private Limited

Company Address

Tolins Tyres Limited
No. 1/47, M C Road
Kalady, Ernakulam
Aluva – 683574
Phone: +917259287215
Email: [email protected]
Website: https://www.tolinstyres.com/

Tolins Tyres IPO FAQs