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Tolins Tyres Limited

  • Minimum Investment
    ₹14,190
  • Price Range
    ₹215 - ₹226
  • Issue Size
    ₹230.00 Cr
  • Lot Size
    66 shares

Proceeds of this IPO to be used for

Repayment and / or prepayment, in full, of certain outstanding loans (including foreclosure charges, if any) availed by the company.

Augmentation of long-term working capital requirements of the company.

Investment in its 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.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Tolins Tyres Limited

Diversified Product Range

The company is divided into two business verticals based on the two product categories. Its manufactures tyres and tread rubber. It has a total of 154 stock-keeping units (SKU) in the tyre category and 993 SKUs in tread rubber, this catalogue has been built over the decades to fit in with market requirements and to fulfil customer requirements

Locational Advantage

The inland container depot and sea port is approximately 40 kms from manufacturing facilities in Kalady, Cochin Airport, which is an international airport connected to worldwide destinations. It is merely 6 km from its manufacturing facilities in Kalady. Besides this the manufacturing facilities are also well connected with Indian railways

R&D Capabilities

The company's R&D activities are aimed at growing its market share by seeking to continually offer technologically backed products to its customers while improving operational efficiencies to derive better margins

Dependent on Few Suppliers

The tyre manufacturing industry has a limited number of suppliers of raw materials. Volatility in the prices and availability of raw materials or any failure by its suppliers to make timely delivery of raw materials or breakdown of relationship with such suppliers could hurt the business, financial condition, and results of operations

Outstanding Legal Proceedings

There are outstanding legal proceedings involving the company, directors, promoters, and its subsidiaries. Any adverse outcome in such proceedings may hurt the reputation, business, financial condition and results of operations

Dependent on Contract Labour

The company is dependent on contract labour and any disruption to the supply of such labour for its manufacturing facilities or its inability to control the composition and cost of contract labour could adversely affect the business

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Tolins Tyres Limited

Tolins Tyres was incorporated on July 10, 2003. The company manufactures bias tyres for a wide range of vehicles, including light commercial, agricultural, and two/three-wheelers. It also produces precured tread rubber and ancillary products like bonding gum, vulcanizing solutions, tyre flaps, and tubes.
  • Promoter
    Dr. Kalamparambil Varkey Tolin
  • Promoter
    Jerin Tolin

Tolins Tyres Limited IPO FAQs

What is Tolins Tyres Limited IPO?

Tolins Tyres Limited IPO refers to the initial public offering of shares by Tolins Tyres Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Tolins Tyres Limited IPO?

For Tolins Tyres Limited IPO the issue size is ₹230 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Tolins Tyres Limited IPO?

For Tolins Tyres Limited IPO the minimum investment is ₹14,190. The minimum investment for Tolins Tyres Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Tolins Tyres Limited IPO?

For Tolins Tyres Limited IPO the lot size is 66 shares. The lot size of Tolins Tyres Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Tolins Tyres Limited IPO on Share.Market?

To apply for Tolins Tyres Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Tolins Tyres Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Tolins Tyres Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Tolins Tyres Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Tolins Tyres Limited IPO?

For Tolins Tyres Limited IPO the allotment date is September 12, 2024. The allotment date of Tolins Tyres Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Tolins Tyres Limited IPO?

For Tolins Tyres Limited IPO, the subscription opens on September 9, 2024 and closes on September 11, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
24.57x Oversubscribed