Exchanges
BSE, NSE
Issue
Book building

Tolins Tyres IPO

₹239.40

+5.93% on listing

Listing-day close · NSE · 16 Sep 2024 · issue price ₹226

Tolins Tyres’ ₹230 crore IPO was priced at ₹226 a share. It listed on the NSE on 16 Sep 2024 and closed its first day at ₹239.40, up 5.93% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹230 Cr
Fresh issue
₹200 Cr
Offer for sale
₹30 Cr
Lot size
66 shares
Minimum investment
₹14,916
Face value
₹5
Registrar
Cameo Corporate Services

Subscription

Tolins Tyres IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—17.83×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹893 Cr
P/E (post-issue)
34.3
EPS (post-issue)
₹6.58
Price to book
6.1
ROE
25.87%
ROCE
36.08%
Debt to equity
0.78
PAT margin
11.45%
Promoter holding
92.64% → 68.53%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
16 Sep 2024
Issue price
₹226
Open
₹228.00
High
₹239.40
Low
₹227.50
Close
₹239.40

Listing day on the NSE. The close was +5.93% on the issue price.

TOLINS TYRES share price today

FAQs

When did the Tolins Tyres IPO open and close?

It opened on 9 Sep 2024 and closed on 11 Sep 2024.

What was the Tolins Tyres IPO price?

The price band was ₹215–226 a share. The final issue price was ₹226.

What is the lot size and minimum investment?

One lot is 66 shares, ₹14,916 at ₹226 a share. Retail investors apply in whole lots.

How much did Tolins Tyres raise?

₹230 crore: ₹200 crore of new shares and ₹30 crore offered by existing shareholders.

How many times was the Tolins Tyres IPO subscribed?

17.83 times overall.

How did Tolins Tyres list?

It listed on the NSE on 16 Sep 2024 at ₹228.00 and closed the day at ₹239.40, up 5.93% on the ₹226 issue price.

Who is the registrar of the Tolins Tyres IPO?

Cameo Corporate Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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