| Company Name | Tolins Tyres Limited |
| Open Date | 09-09-2024 |
| Close Date | 11-09-2024 |
| Exchange | NSE, BSE |
| Lot Size | 66 Shares |
| Issue Price | ₹215 to ₹226 per share |
| Issue Size | 1,01,76,992 Equity Shares |
| Application Amount | ₹ 14,916 – ₹ 1,93,908 (66 to 858 shares) |
| Recommendation | Neutral |
Tolins Tyres Limited was originally incorporated on July 10, 2003. The registered office is located at Ernakulam, Kerala, India. The company is engaged in manufacturing of new tyres and tread rubber. The company is primarily engaged in manufacturing of bias tyres for comprehensive array of vehicles (including light commercial, agricultural and two/three-wheeler vehicles) and precured tread rubber and are also involved in manufacturing of ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes. The company had 40 permanent employees and 161 contract employees as of March 31, 2024.
| Period Ended | FY 22 | FY 23 | FY 24 |
| Revenue | 113.37 | 118.25 | 227.22 |
| EBITDA | 6.09 | 12.26 | 46.37 |
| Net Profit | 0.63 | 4.99 | 26.01 |
| RoCE | 15.89% | 32.62% | 39.06% |
| ROE | 5.83% | 25.70% | 25.87% |
| P/E | 645.71 | 88.63 | 23.74 |
| Opening Date | 09/09/2024 |
| Closing Date | 11-09-2024 |
| Basis of Allotment | 12-09-2024 |
| Initiation of Refunds | 13-09-2024 |
| Credit of Shares to Demat | 13-09-2024 |
| Listing Date | 16-09-2024 |
| 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 the 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 Expenses. |
| Registered Office | Tolins Tyres Limited No. 1/47, M C Road Kalady, Ernakulam Aluva - 683574 |
| Phone | +917259287215 |
| cs@tolins.com | |
| Website | https://www.tolinstyres.com/ |
| Tolins Tyres RHP |
| Tolins Tyres DRHP |
| Name | Cameo Corporate Services Limited |
| Phone | +91-44-28460390 |
| priya@cameoindia.com | |
| Website | https://ipo.cameoindia.com/ |
| Anchor Investor Shares Offered | 30,53,097 (30%) |
| QIB Shares Offered | 20,35,398 (20%) |
| NII (HNI) Shares Offered | 15,26,549 (15%) |
| Retail Shares Offered | 35,61,947 (35%) |
| Total Shares Offered | 1,01,76,991 (100%) |
| Shareholding Pre Issue | 92.63% |
| Shareholding Post Issue | 68.53% |