Tolins Tyres Ltd. IPO: Key Details

We are a leading player in the Tyre & Treads industry with all India presence with a diverse product range. We areone of the companies that are present in both verticals – manufacturing of new tyres and tread rubber. Our Companyhas established itself as a major tyre retreading solutions provider across India and exported to 40 foreign countries,including the Middle East, East Africa, Jordan, Kenya and Egypt. The major products of the Company include twowheeler,three- wheelers, light commercial vehicle and agricultural tyres, precured tread rubber and other accessoriesincluding bonding gum, tyre flap, vulcanizing solutions, etc.

Tolins Tyres Ltd. IPO Details

IPO Date September 09, 2024 to September 11, 2024
Listing Date September 16 2024
Face Value ₹5 per share
Price Band ₹215 to ₹226 per share
Lot Size 66 Shares
Total Issue Size 7488372 Shares
Issue Type Book building
Listing At BSE  NSE 
Share holding pre issue 28400899
Share holding post issue 27073467

Tolins Tyres Ltd. IPO Promoter Holding

The promoter of the company is Kalamparambil Varkey Tolin, Jerin Tolin,

Share Holding Pre Issue 92.64%
Share Holding Post Issue 68.53%

Tolins Tyres Ltd. IPO Objectives

1. Repayment and / or prepayment, in full, of certain outstanding loans (including foreclosure charges, if any) availed by our Company.2. Augmentation of long-term working capital requirements of our Company.3. Investment in our 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.4. General corporate purposes.

Tolins Tyres Ltd. IPO Prospectus

Tolins Tyres Ltd. Lead Managers

  • Saffron Capital Advisors Pvt Ltd

Tolins Tyres Ltd. IPO Contact Information

  • Umesh Muniraj
  • Phone: +91 72592 87215
  • Email: cs@tolins.com

Tolins Tyres Ltd. IPO Registrar

  • Name: Cameo Corporate Services Ltd
  • Phone: +044-28460390/28460394
  • Email: