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Tolins Tyres Limited IPO Sees Varied Investor Appetite, Subscribed 1.80x on Day 1

Tolins Tyres' Day 1 IPO revealed diverse interest: QIBs underwhelmed at 0.12x, Non-Institutional at 0.83x, RIIs robust at 3.16x, totaling a subscription rate of 1.80x.
Tolins Tyres Limited IPO Sees Varied Investor Appetite, Subscribed 1.80x on Day 1

Tolins Tyres Limited IPO subscription on Day 1 showed varied interest: QIBs at just 0.12x, Non-Institutional Investors at 0.83x, and Retail Individual Investors at 3.16x, totaling a subscription rate of 1.80 times, indicating a cautious yet promising start.

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How to check Tolins Tyres IPO Subscription Status?

Steps to check Tolins Tyres Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Tolins Tyres Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Tolins Tyres Limited IPO Allotment Status

The allotment date for the Tolins Tyres Limited IPO is set for September 12, with shares priced 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.

Tolins Tyres Limited IPO Listing Date 

Tolins Tyres Limited IPO is expected to be listed on the NSE SME on September 16, 2024.

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