Stay updated with the latest on Tolins Tyres IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
Tolins Tyres IPO Overview
- IPO Open Date: September 09, 2024
- IPO Close Date: September 11, 2024
- Price Band: ₹215 to ₹226 per share
- Issue Size: ₹203.00 Crores
- Listing Date: September 16, 2024
- Lot Size: 66 Shares
Tolins Tyres IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| September 16, 2024 | ₹30 (13%) |
| September 15, 2024 | ₹30 (13%) |
| September 14, 2024 | ₹30 (13%) |
| September 13, 2024 | ₹30 (13%) |
| September 12, 2024 | ₹30 (13%) |
| September 11, 2024 | ₹39 (17%) |
| September 10, 2024 | ₹39 (17%) |
| September 09, 2024 | ₹39 (17%) |
| September 08, 2024 | ₹30 (13%) |
| September 07, 2024 | ₹30 (13%) |
| September 06, 2024 | ₹25 (11%) |
| September 05, 2024 | ₹25 (11%) |
| September 04, 2024 | ₹25 (11%) |
| September 03, 2024 | ₹25 (11%) |
| September 02, 2024 | ₹- |
IPO Timeline
| Events | Date |
|---|---|
| IPO Open Date | September 9, 2024 |
| IPO Close Date | September 11, 2024 |
| Basis of Allotment | September 12, 2024 |
| Refunds | September 13, 2024 |
| Credit to Demat Account | September 13, 2024 |
| IPO Listing Date | September 16, 2024 |
About Tolins Tyres
Incorporated in 2003, Tolins Tyres Limited is a tyre manufacturing company specializing in tyre retreading solutions. Consequently, the company serves both the Indian market and exports to 40 countries, including the Middle East, East Africa, Jordan, Kenya, and Egypt.
The company operates in two main verticals:
- Tyre Manufacturing
- Tread Rubber Manufacturing
As of March 31, 2024, Tolins Tyres Limited’s product range includes, for instance, Light Commercial Vehicle Tyres, Off Road/Agriculture Tyres (OTR), Two-wheeler & Three-wheeler Tyres, Tyre Tubes & Tyre Flaps, Precured Tread Rubber (PCTR), Conventional Tread Rubber, Bonding Gum, Vulcanizing Solutions, Rope Rubber, and various other products. Specifically, the company manufactures a diverse array of products, including tyres for two-wheelers, three-wheelers, light commercial vehicles, and agricultural tyres, as well as tread rubber and accessories like bonding gum, tyre flaps, and vulcanizing solutions.
Moreover, as of March 31, 2024, Tolins Tyres Limited operates 8 depots and maintains a network of 3,737 dealers nationwide. The company runs three manufacturing facilities: two in Mattoor, Kalady, Kerala, and one in Al Hamra Industrial Zone, Ras Al Khaimah, UAE. Notably, the company offers 163 stock-keeping units (SKUs) in the tyre category and 1,003 SKUs in the tread rubber category. Furthermore, it has achieved several quality certifications, including ISO 9001:2015 and IATF 16949:2016 from UK Certifications.
The company’s clientele includes prominent names such as Marangoni GRP, Kerala Agro Machinery Corporation Ltd (KAMCO), Redlands Motors, and Tyre Grip, among others.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (Tolins Tyres IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
For the latest news on Upcoming IPOs and IPO GMP, follow IPOGMP.IN. Additionally, connect with us on Twitter, Facebook, and Instagram.
