Tolins Tyres Limited IPO Date, Price, Review and Details
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Tolins Tyres Limited IPO
Tollins Tyres
Limited IPO was engaged in they are one of the leading players in the industry
with a pan-India presence with diversified products. They areoneof the
companies that are present in both verticals –manufacturing of new tires and
tread rubber.Our company has established itself as the leading tire retreading
solution in all India and has exported to 40 foreign countries, including
Middle East, East Fam Africa, Jordan, incl. Kenya and Egypt. They are mainly involved in the manufacture of bias
tires for a wide range of vehicles (including light commercial and agricultural
two/three wheelers) as well as pre-stage rubber and ancillary products such as
bonding gums, vulcanizing solutions and tire flaps they are also involved in
the construction and installation of pipelines.
Company Promoters
- Dr. Kalamparambil Varkey Tolin
- Jerin Tolin
Objects of this Issue:
- Augmentationo flong-term working capital requirements of their Company.
- Repayment and / or prepayment, in full of certain outstanding loans (including foreclosure charges, if any) availed by their Company.
- Investment in their wholly owned subsidiary, Tolin Rubbers Private Limited to repayand/ or prepay, in full.
- General corporate purposes.
Financial Information of the Company:
|
|
Amount in Million (Rs.) |
||
|
As on 31 Mar 2024 |
As on 31 Mar 2023 |
As on 31 Mar 2022 |
|
|
Total Assets |
2,215.98 |
838.24 |
991.42 |
|
Total Liabilities |
1,210.65 |
970.34 |
1,143.05 |
|
Net Profit |
328.98 |
70.27 |
8.54 |
Tolins Tyres Limited IPO Schedule
1. Bid or Offer Opens on: 09 September
2024
4. Initiation of Refunds: 13
September
2024
Tolins Tyres Limited IPO Lot Size
The market
lot size of the TOLINS TYRES LIMITED IPO is 1 share. Minimum and Maximum order
quantity is as follows:
|
Application |
Lots |
Shares |
Amount |
|
|
Retail |
Minimum |
1 |
66 |
₹14,916 |
|
Maximum |
13 |
858 |
₹193,908 |
|
|
S-HNI |
Minimum |
14 |
924 |
₹208,824 |
|
S-HNI |
Maximum |
67 |
4,422 |
₹999,372 |
|
B-HNI |
Minimum |
68 |
4,488 |
₹1,014,288 |
Company Contact Details:
Tolins Tyres Limited IPO
No. 1/47, M C Road, Kalady, Ernakulam,
Aluva-683574, Kerala, India.
Phone: 7259287215
Email: cs@tolins.com
Website: www.tolinstyres.com
Tolins Tyres Limited IPO Registrar Details:
CAMEO CORPORATE SERVICES LIMITED
Subramanian Building No. 01,Club House Road,Chennai -600 002,
India.
Phone: +91 44 4002 0700
Email: priya@cameoindia.com
Website: www.cameoindia.com
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