31 Mar 2024
Assets221.60
Total Income228.69
Profit After Tax26.01
NET Worth100.53
Reserves and Surplus85.07
Total Borrowing78.77
At a glance
Updated 2026-08-24The shares listed at ₹228.00, a 0.88% move from the issue price. Tolins Tyres is a Mainboard IPO with an issue size of ₹230.00 crore, proposed for listing on BSE, NSE. The offer opens on 9th Sep 2024 and closes on 11th Sep 2024. The issue structure includes a fresh issue of ₹200.00 crore and an offer-for-sale component of ₹30.00 crore. The current listing schedule points to 16th Sep 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹230.00 Cr
Fresh issue₹200.00 Cr
Offer for sale₹30.00 Cr
Face value₹5
Price band₹215.00–₹226.00
Allotment12th Sep 2024
Listing16th Sep 2024
Listing performance
Full performance ↗Issue price₹226.00
Listing price₹228.00
Current price—
Listing gain0.88%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹30.00
GMP / upper price13.27%
Est. listing₹256.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens9th Sep 2024
Closes11th Sep 2024
Allotment12th Sep 2024
Refund13th Sep 2024
Demat13th Sep 2024
Listing16th Sep 2024
Subscription demand
Full bidding ↗Total25.03×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 66 | ₹14,916 |
Company
Incorporated2003
Use of proceeds
| Object | Amount |
|---|---|
| Repayment and / or prepayment, in full, of certain outstanding loans (including foreclosure charges, if any) availed by the Company; | ₹69.97 Cr |
| Augmentation of long-term working capital requirements of the Company; | ₹75.00 Cr |
| 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; and | ₹23.15 Cr |
| General corporate purposes | ₹15.68 Cr |
Financials
Full financials ↗Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 25.87% |
| ROCE | 36.08% |
| Debt / Equity | 0.78% |
| RoNW | 25.87% |
| PAT Margin | 11.45% |
| Price to Book Value | 6.14 |
Valuation & shareholding
Pre-IPO EPS8.48
Post-IPO EPS6.58
Pre-IPO P/E26.64
Post-IPO P/E34.33
Promoter holding pre92.64%
Promoter holding post68.53%
Market cap₹892.90 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLM fees and commissions (including underwriting commission, brokerage and selling commission) | ₹11.25 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank and Banker to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Syndicate member, Registered Brokers, RTAs and CDPs(1)(2)(3)(4) | ₹2.32 Cr |
| Fees payable to the Registrar to the Offer | ₹0.02 Cr |
| Fees payable to the other advisors to the Offer | ₹0.73 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses. | ₹1.22 Cr |
| Printing and stationery expenses | ₹0.35 Cr |
| Advertising and marketing expenses | ₹0.99 Cr |
| Fees payable to legal counsels | ₹0.40 Cr |
| Miscellaneous | ₹1.36 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Saffron Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.