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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Tolins Tyres Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹226
Per ShareLot Size
66 Shares
Minimum Investment
₹14,916
Issue Size
₹230 Cr
Face Value
₹5
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
92.64%
Issue Type
Book Building
ISIN
INE0RWQ01014
Tolins Tyres Limited is a company present in both verticals manufacturing of new tyres and tread rubber. It is primarily engaged in manufacturing of bias tyres for vehicles (including LCV, agricultural and two/three-wheeler vehicles) and precured tread rubber. It also manufactures ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.
The domestic tyre industry is expected to expand in the coming years owing to higher demand for vehicles. With automobile sector growing, demand for replacement tyres is also increasing. Moreover, increasing acceptance of Indian tyres in the overseas markets is leading to a sharp growth in tyre exports from India. The treads industry in India is a thriving sector that caters to the growing demand for tyres in the country. Driven by factors such as increasing vehicle ownership, improvement in road infrastructure and rising disposable income, the industry is expected to witness steady growth in the coming years.
Tolins Tyres Limited was incorporated in the name and style of `Tolins Tyres Private Limited' and a certificate of incorporation was issued on July 10, 2003 by the Registrar of Companies, Kerala. Subsequently, upon the conversion of the Company into a public limited company, pursuant a special resolution passed by its Shareholders on January 1, 2024, the name of the Company was changed to `Tolins Tyres Limited' and a fresh certificate of incorporation dated January 26, 2024 was issued by the Registrar of Companies, Ernakulam, Kerala.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 10,176,991 equity shares of face value Rs. 5 each ("Equity Shares") of Tolins Tyres Limited for cash at a price of Rs. 226 per equity share (including a share premium of Rs. 221 per equity share) (the "Offer Price"), aggregating to Rs. 230.00 crores comprising of a fresh issue of 8,849,557* equity shares of face value Rs. 5 each aggregating to Rs.200.00 crores (the "Fresh Issue") and an offer for sale of 1,327,432* equity shares of face value of Rs. 5 each aggregating to Rs. 30.00 crores (the "Offer for Sale"), consisting of 663,716 equity shares of face value of Rs. 5 each aggregating to Rs. 15.00 crores by Kalamparambil varkey tolin and 663,716 equity shares of face value of Rs. 5 each aggregating to Rs. 15.00 crores by Jerin Tolin (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares"). The offer price is 45.2 times the face value of the equity shares. *Read this number as per corrigendum to prospectus
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.