Tolins Tyres IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 230.00 Cr. The company is based in Ernakulam and caters to Rubber sector. Saffron Capital Advisors is the merchant banker of Tolins Tyres IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th February 2024.
Tolins Tyres IPO open date is 9th September 2024 and close date is 11th September 2024. IPO Allotment Date is 12th September 2024 and Listing date is 16th September 2024.Tolins Tyres IPO size is ₹ 230.00 Cr. with IPO price of ₹ 226.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Saffron Capital Advisors Private Limited is the book-running lead manager of the Tolins Tyres IPO. Cameo Corporate Services Limited is the Registrar for Tolins Tyres IPO.
Tolins Tyres IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Tolins Tyres IPO, based in Ernakulam, operates in the Rubber sector with a focus on tyre manufacturing company. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Tolins Tyres IPO size is ₹ 230.00 Cr. with fresh issue size of ₹ 200.00 Cr. and Offer for sale being ₹ 30.00Cr.
The IPO allotment date for Tolins Tyres IPO is expected to be 12th September 2024, after the finalization of basis of allotment. Investors can check Tolins Tyres IPO allotment status on the registrars website, Cameo Corporate Services Limited . Tolins Tyres IPO refund dates are 13th September 2024.
Tolins Tyres IPO is expected to be listed on 16th September 2024.
The upper price band for the Tolins Tyres IPO is set at ₹ 226.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Tolins Tyres IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Tolins Tyres IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th September 2024. After submission, funds are blocked until the basis of allotment of Tolins Tyres IPO is finalised.
The merchant banker for Tolins Tyres IPO is Saffron Capital Advisors Private Limited . Saffron Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tolins Tyres IPO RHP for further details.
The registrar for Tolins Tyres IPO is Cameo Corporate Services Limited . Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Tolins Tyres IPO through their official website or helpline.
Tolins Tyres IPO was subscribed 25.03 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Tolins Tyres IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tolins Tyres Financial Review Page
Merchant Banker(s) of Tolins Tyres IPO: Saffron Capital Advisors Private Limited
Tolins Tyres IPO subscription was 25.03 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tolins Tyres IPO listed at a listing price of 238.30 against the offer price of 226.00.
The current market price of Tolins Tyres is 159.50.
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