Tolins Tyres Limited IPO

BSE, NSEClosed

Check Allotment

Sep 9, 2024Open Date

Sep 11, 2024Close Date

TBAAllotment Date

Sep 16, 2024Listing Date

Subscription Details

View Subscription Details

QIB25.42x

Retail20.74x

NIIs (Non-Institutional Investors)Main Category

27.32x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

31.74x

bHNI (> ₹10L)

Bids above ₹10L

25.11x

Overall Subscription

Total Bids Received

23.49x

Updated: 10 Jul, 06:09 pm

Tolins Tyres Limited IPO Issue Details

Issue Price₹215-226 Per Equity Share

Face Value₹5 Per Equity Share

Fresh Share88,49,558 shares(aggregating up to ₹200 crore)

Listing AtBSE, NSE

Listing DateSep 16, 2024

RegistrarCameo Corporate Services Limited

Reservation Details

Category	Shares Offered	%
NII	15,26,549	15%
QIB	20,35,398	20%
Anchor	30,53,097	30%

Valuations

EPS (Pre-IPO)

8.48

EPS (Post-IPO)

6.58

P/E (Pre-IPO)

26.64

P/E (Post-IPO)

34.33

RoNW

25.87%

PAT Margin

11.45%

P/B Value

6.14

Financial Information (₹ in Crores)

Metric	FY 24	FY 23	FY 22
Total Assets	221.6	83.82	99.14
Total Revenue	228.69	119.68	114.39
Profit After Tax	26.01	4.99	0.6
Net Worth	100.53

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1Repayment and/or prepayment, in full, of certain outstanding loans (including foreclosure charges, if any) availed by the Company
2Augmentation of long-term working capital requirements of the company
3Investment in the wholly owned subsidiary, Tolin Rubbers Private Limited, to repay and/ or prepay, in full, certain of its short-term and long-term borrowings and augmentation of its working capital requirements
4General corporate purposes.