Tolins Tyres Limited
ListedMainboardAutomobile & Auto Components · NSE / BSE
Tolins Tyres Limited, incorporated in 2003, is a leading tyre manufacturing and retreading company in India with a strong export presence across 40 countries, including regions in the Middle East and Africa. The company operates through two core verticals—tyre manufacturing and tread rubber production—offering a wide range of products such as tyres for light commercial vehicles, off-road/agriculture use, two- and three-wheelers, along with tyre tubes and tread rubber products like Precured Tread Rubber (PCTR) and conventional tread rubber. It also manufactures related accessories, including bonding gum, tyre flaps, and vulcanizing solutions. Tolins runs three manufacturing facilities—two in Mattoor, Kalady, Kerala, and one in Ras Al Khaimah, UAE—supported by 8 depots and a nationwide network of 3,737 dealers. As of March 31, 2024, its portfolio includes 163 tyre SKUs and 1,003 tread rubber SKUs, with significant in-house development of new designs and moulds. The company holds ISO 9001:2015 and IATF 16949:2016 certifications and serves reputed clients such as Marangoni GRP and KAMCO, backed by a dedicated sales and marketing team of 55 members.
Price Band
₹215 – ₹226
Issue Size
₹230 Cr
Lot Size
66 shares
GMP
₹30
+13.3%
Est. Listing
₹256
at current GMP
Subscribed
25.12x
overall
Open
9 Sep 2024
Close
11 Sep 2024
Allotment
12 Sep 2024
Refund
13 Sep 2024
Demat Credit
14 Sep 2024
Listing
16 Sep 2024
Last updated 12 months ago
Overall Subscription
25.12x
Total Demand
QIB Multiplier
26.72x
Institutions & Funds
NII / HNI
28.81x
High Net-Worth
Retail (RII)
22.62x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,035,399 | 54,383,274 | 26.72x |
| NIB | 1,526,549 | 43,984,578 | 28.81x |
| HNIs(10L +) | 1,017,699 | 26,858,634 | 26.39x |
| HNIs (2-10L) | 508,850 | 17,125,944 | 33.66x |
| RETAIL | 3,561,947 | 80,558,676 | 22.62x |
| Total | 8,650,444 | 222,911,106 | 25.12x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 1,101 | 5,902 | 5.36x |
| HNIs (2-10L) | 551 | 17,740 | 32.20x |
| RETAIL | 53,969 | 1,352,724 | 25.06x |
| Total Applications | 55,621 | 1,376,366 | 24.75x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Tolins Tyres Limited Public Issue & Market Profile
Tolins Tyres Limited is bringing an initial public offering (IPO) in the Automobile & Auto Components sector with an aggregate issue size of ₹230 Crores. The shares are offered at a price band of ₹215 to ₹226 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-09-11, the basis of allotment is scheduled to be finalized on 2024-09-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Tolins Tyres Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Tolins Tyres Limited IPO is ₹30 per equity share. Based on the upper price band of ₹215 to ₹226 per equity share, the estimated listing price is ₹256 (+13.3% expected listing gain).
What is the expected profit per lot for Tolins Tyres Limited IPO?
With a lot size of 66 shares and current GMP of ₹30, the expected profit per application lot is approx ₹1,980 (+13.3% gain). Minimum application cost is approx ₹14,916.
What is the issue size and price band for Tolins Tyres Limited IPO?
The Tolins Tyres Limited IPO aggregate issue size is ₹230 Crores with an equity price band set at ₹215 to ₹226 per equity share. The retail lot size is 66 shares requiring a minimum capital outlay of approx. ₹14,916.
How can I check Tolins Tyres Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 25.12x (Retail: 22.62x, QIB: 26.72x, NII: 28.81x). You can track live multiples directly on our dedicated subscription page.
Where and when will Tolins Tyres Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2024-09-12. Investors can verify status using PAN card or application number.
When is the listing date for Tolins Tyres Limited IPO?
Tolins Tyres Limited shares are scheduled to list on NSE and BSE on 2024-09-16.