The details about the Tolins Tyres IPO are as:
- The issue size of the Tolin Tyres IPO is 230 Cr.
- The price band for Tolins Tyres IPO is Rs 215 to Rs 226.
- The shares of Tolins Tyres IPO will list on 16th September 2024.
- The latest tentative GMP of Tolins Tyres IPO is Rs 40.
- The shares of Tolins Tyres IPO are subscribed 24.68 Times as of 11th September 2024.
Tolins Tyres IPO Valuation
The approx valuation of Tolins Tyres Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 226 |
| Existing Shares (Qty) |
3.06 Cr |
| Fresh Issue |
200 Cr |
| Market Cap |
891.56 Cr |
| EPS (FY24) |
Rs 9.52 |
| PE Ratio |
23.73x |
| Industry PE |
34.17x |
Tolins Tyres IPO Issue Size
Tolins Tyres Limited IPO issue size is 230 Cr.
| Issue |
Amount |
| Fresh Issue |
200 Cr |
| Offer For Sale |
30 Cr |
Tolins Tyres IPO Market Lot
An Individual can apply for a minimum 1 lot of 66 shares and a maximum of 13 lots of 858 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
66 |
Rs 14,916 |
| Maximum |
13 |
858 |
Rs 1,93,908 |
Tolins Tyres IPO share offer
The shares of Tolins Tyres Limited IPO are subscribed 24.68 Times as of 11th September 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
26.72 Times |
| Non-Institutional |
Minimum 15% |
28.71 Times |
| Retail Individual |
Minimum 35% |
21.78 Times |
| Total |
|
24.68 Times |
Find below the dates for Tolins Tyres IPO:
| Schedule |
Date |
| Basis of Allotment |
12 September 2024 |
| Refunds |
13 September 2024 |
| Credit to Demat Account |
13 September 2024 |
| IPO Listing Date |
16 September 2024 |