Tolins Tyres IPO GMP Today
The Tolins Tyres IPO GMP is ₹30 (+13.3% over the upper price band of ₹226) as of 11 Sep 2024, giving an estimated listing price of ₹256 per share. On a minimum application of 66 shares, that is an estimated gain of ₹1,980. GMP has risen by ₹30 since tracking began on 2 Sep.
Last updated
- Issue Price
- ₹226
- GMP
- ₹30
- GMP %
- +13.3%
- Est. listing
- ₹256
- Est. gain / application
- +₹1,980
Tolins Tyres IPO GMP trend
Tracked for 10 days. High ₹39 on 9 Sep, low ₹0 on 2 Sep.
Tolins Tyres IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (66 sh) |
|---|---|---|---|---|---|
| (latest) | ₹30 | -₹9 | 13.27% | ₹256 | +₹1,980 |
| ₹39 | 0 | 17.26% | ₹265 | +₹2,574 | |
| ₹39 | +₹9 | 17.26% | ₹265 | +₹2,574 | |
| ₹30 | 0 | 13.27% | ₹256 | +₹1,980 | |
| ₹30 | 0 | 13.27% | ₹256 | +₹1,980 | |
| ₹30 | +₹5 | 13.27% | ₹256 | +₹1,980 | |
| ₹25 | 0 | 11.06% | ₹251 | +₹1,650 | |
| ₹25 | 0 | 11.06% | ₹251 | +₹1,650 | |
| ₹25 | +₹25 | 11.06% | ₹251 | +₹1,650 | |
| ₹0 | — | 0.00% | ₹226 | ₹0 |
Est. listing = upper price band (₹226) + GMP. Est. gain = GMP × 66 shares (1 lot, the minimum application).
Tolins Tyres IPO subscription status
| QIB | 25.42x |
|---|---|
| bNII | 25.11x |
| sNII | 32.02x |
| Retail | 21.52x |
| Total | 23.89x |
Reading the Tolins Tyres IPO GMP
The grey market premium is the price above the issue price at which Tolins Tyres IPO shares are informally traded before listing. A GMP of ₹30 on an upper band of ₹226 suggests the shares could open around ₹256, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
Tolins Tyres IPO GMP: FAQs
- What is Tolins Tyres IPO GMP today?
- The latest grey market premium (GMP) for the Tolins Tyres IPO is ₹30 as of 11 September 2024, which is 13.27% over the upper price band of ₹226.
- What is the expected listing price of Tolins Tyres IPO?
- Based on the current GMP, the estimated listing price of Tolins Tyres IPO is ₹256 per share (₹226 issue price + ₹30 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Tolins Tyres IPO?
- The lot size is 66 shares. The minimum application is 1 lot, which costs ₹14,916 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.