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Issue Open Date
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09-Sep-24
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Issue Closing Date
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11-Sep-24
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Application Money
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100
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Allotment Money
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Price Band
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215
-
226
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Minimium Application No.
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66
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Issue Size (Shares)
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7488372
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Market Lot
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1
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Objective
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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.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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1604652
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43984578
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27.4106647422619
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Qualified Institutional Buyers
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2139534
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54383274
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25.4182798684199
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Retail Individual Investors
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2139534
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54383274
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25.4182798684199
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Business Description
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 majo
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Promoter's Holding
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Total Share Capital
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28400899
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Offered to Public
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10176991
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Promoter's Holding (Pre-Issue)
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92.64
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Promoter's Holding (Post-Issue)
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68.53
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MORE > |
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Address |
No. 1/47
M C Road
Kalady
Ernakulam
Aluva
,
Kerala
,
683574
Phone :
7259287215
Email :
finance@tolins.com
Website :
www.tolinstyres.com
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Registrar |
Cameo Corporate Services Ltd
Subramanian Buildings No 1
Club House Road
Chennai
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Listed at |
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BSE, NSE
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Lead Manager |
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Saffron Capital Advisors Pvt Ltd
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Promoters |
Jerin Tolin
Kalamparambil Varkey Tolin
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