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Tolins Tyres Limited IPO Allotment Status, Subscription, and IPO Details

Tolins Tyres Limited IPO allotment is set for September 12, 2024, with shares priced at ₹215 to ₹226 per share. The offering allows bidding for lots of 66 shares or multiples thereof.
Tolins Tyres Limited IPO Allotment Status, Subscription, and IPO Details

Tolins Tyres Limited IPO Allotment Status 

The allotment date for the Tolins Tyres Limited IPO is set for September 12, 2024, with shares priced at a range from ₹215 to ₹226 per share and a face value of ₹5. The offering consists of lots of 66 shares, with bids accepted for these lots or their multiples.

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Tolins Tyres Limited IPO Allotment Status Check 

To ascertain their allocation status for the Tolins Tyres Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Cameo Corporate Services Allotment Link.

IPO Allotment Status BSE 

Here are steps to check Tolins Tyres Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Tolins Tyres Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Tolins Tyres Limited allotment status on Cameo Corporate Services

Step 1: Visit IPO registrar website – Cameo Corporate Services

Step 2: Select ‘Tolins Tyres Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Tolins Tyres Limited IPO allotment status will be reflected on the screen.

Tolins Tyres Limited IPO GMP Today

Tolins Tyres Limited IPO GMP (Grey Market Premium) is ₹39 as of September 11, 2024.

Tolins Tyres Limited IPO Subscription Status

Tolins Tyres Limited IPO saw a total subscription rate of 5.20 times on Day 2. Qualified Institutional Buyers (QIBs) subscribed at 0.45 times, Non-Institutional Investors at 4.07, and Retail Individual Investors (RIIs) showed strong interest, subscribing at 8.39 times.

Tolins Tyres Limited IPO Details

Tolins Tyres IPO is a book-built issue of ₹230 crores, comprising a fresh issue of ₹200 crores (0.88 crore shares) and an offer for sale of ₹30 crores (0.13 crore shares). Open from September 9 to 11, 2024, the IPO will list on BSE and NSE on September 16. The price band is ₹215-₹226, with a minimum retail investment of ₹14,916 for 66 shares.

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