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Tolins Tyres IPO Day 3 Hits 23.89x Subscription Across All Categories

Tolins Tyres IPO Day 3: QIBs subscribed 25.42x, Non-Institutional Investors 27.41x, RIIs 21.52x, totaling a 23.89x overall subscription, showing robust investor interest.
Tolins Tyres IPO Day 3 Hits 23.89x Subscription Across All Categories

Tolins Tyres Limited IPO saw varied subscription levels on Day 3: Qualified Institutional Buyers (QIBs) subscribed 25.42 times, Non-Institutional Investors at 27.41 times, and Retail Individual Investors (RIIs) at 21.52 times, bringing the total subscription to 23.89 times.

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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.

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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