Tolins Tyres IPO Subscription
The Tolins Tyres IPO is a book build issue with a total issue size of ₹230 cr, comprising of fresh issue of 8849558 equity shares., and a offer for sale of 1327434 equity shares. Tolins Tyres IPO opened for subscription on Sep 09, 2024 and closed on Sep 11, 2024. Tolins Tyres IPO is set price band at ₹215 to ₹226 per share, with a lot size of 66 shares. Minimum investment for Retail investors was ₹14,916.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 12, 2024, and listed on both the NSE and BSE on Sep 16, 2024.
Cameo Corporate Services Limited has been appointed as the registrar. Saffron Capital Advisors Private Limited IPO Lead Manager are the Book Running Lead Manager for the issue.
Before investing in the Tolins Tyres IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
Current GMP
₹30 (+13.27%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Tolins Tyres IPO Subscription Details ( Fri, 20 Sep 24 06:50 AM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 2139534 | 54383274 | 25.42x |
| Non-Institutional | 1604652 | 43984578 | 27.41x |
| BNII | 1069768 | 26858634 | 25.11x |
| SNII | 534884 | 17125944 | 32.02x |
| Retail Investors | 3744186 | 80558676 | 21.52x |
| Total | 7488372 | 178926528 | 23.89x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Tolins Tyres IPO is a Book-building IPO with a total issue size of ₹230 crore. The Tolins Tyres IPO price band is ₹215 to 226 per share. The Tolins Tyres IPO subscription opens on Mon, Sep 9, 2024, and closes on Wed, Sep 11, 2024. The Tolins Tyres IPO will be listed on the NSE,BSE. Cameo Corporate Services Limited is the registrar for the Tolins Tyres IPO.
The Tolins Tyres IPO opens on Mon, Sep 9, 2024 and closes on Wed, Sep 11, 2024
Tolins Tyres IPO Price Band is ₹215 to 226 per share.
Tolins Tyres IPO lot size is 66 shares, Retail investors need a minimum investment of ₹14916 based on the upper price band
The minimum investment for Tolins Tyres IPO is ₹14916, based on one lot of 66 shares at the upper price band of ₹226 per share.
Investors can apply for the Tolins Tyres IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Sep 11, 2024. The application amount remains blocked until the Tolins Tyres IPO allotment is finalized.
Tolins Tyres IPO issue size is ₹230 crores.
Tolins Tyres IPO allotment date is Wed, Jul 1, 2026.
The registrar for Tolins Tyres IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Tolins Tyres IPO allotment status, refund processing, and other IPO-related information.
The Tolins Tyres IPO GMP (Grey Market Premium) is ₹30 as of Wed, Sep 11, 2024. Based on the upper price band of ₹226 per share, the estimated Tolins Tyres IPO listing price is ₹256, indicating a potential listing gain of approximately 0% over the issue price.