Tolins Tyres Limited is a manufacturing company of tyres which was established in 2003. The company offers retreading solutions for tyres in India and is currently exporting to around forty countries. The company opened its Tolins Tyres IPO Allotment on 9th September 2024. The company opened its IPO to repay the pending borrowings, fulfilling the working capital requirements and more.
Now, the officials are ready to release the www.tolinstyres.com IPO Allotment Result on 12th September 2024. Read details regarding the subscription status, the process to check the allotment result and more.
Tolins Tyres IPO Allotment Status
The Allotment Status can be checked by visiting the official’s registrar portal. They must keep important details like PAN details or application details while checking the status. By 31st March 2024, the revenue of the company was 228.69 crores. Whereas, the profit after tax was 26.01 crores.
Individuals looking for the Grey Market Price are informed that the Tolins Tyres IPO GMP was revolving around Rs. 30. Adding the GMP with the cap price, the estimated listing price becomes Rs. 256/- Information regarding the actual prices will be updated once the shares get listed at BSE, National Stock Exchange.
www.tolinstyres.com IPO Allotment Status: At a Glance
| Name of the IPO Company | Tolins Tyres Limited |
| Name of the IPO Registrar | Cameo Corporate Services Limited |
| Face Value | Rs. 5 per share |
| IPO Price Band | Rs. 215 to 226 per share |
| Type of the Issue | Book Built Issue IPO |
| Allotment Result Availability Status | Released |
| Allotment Result Availability Mode | Online Mode |
| Price Listing At | BSE National Stock Exchange |
| Official Web Portal | https://www.tolinstyres.com/ |
Tolins Tyres IPO Allotment Subscription Status
The Tolin Tyres IPO Allotment was subscribed 25.03 times by 11th September 2024. The retail category subscribed 22.45 times, QIB subscribed 26.72 times and the NII category subscribed 28.80 times.
| Investor Category | Offered Shares | Shares Bid for | Subscription | Total Amount (Rs Cr.) |
| Qualified Institutions | 2,035,398 | 5,43,83,274 | 27 | 1,229.06 |
| Non-Institutional Buyers | 1,526,549 | 4,39,71,774 | 29 | 993.76 |
| bNII (bids above ₹10L) | 1,017,699 | 2,68,58,634 | 26 | 607.01 |
| sNII (bids below ₹10L) | 508,850 | 1,71,13,140 | 34 | 386.76 |
| Retail Investors | 3,561,947 | 7,99,83,420 | 22.45 | 1,807.63 |
| Employees | 0 | 0 | [.] | 0 |
| Others | 0 | 0 | [.] | 0.00 |
| Total | 7,123,894 | 17,83,38,468 | 25.03 Times | 4,030.45 |
Tolins Tyres Initial Public Offering Allotment Schedule
| Events | Important Dates |
| Tolin Tyres IPO Opening Date | 9th September 2024 |
| Tolin Tyres IPO Closing Date | 11th September 2024 |
| Finalisation of Allotment | 12th September 2024 |
| Commencement of the Refund Process | 13th September 2024 |
| Transferring Shares to the Demat Account | 13th September 2024 |
| Price Listing Date | 16th September 2024 |
How to check the Tolins Tyres IPO Allotment Status?
Readers who are interested in checking the Tolins Tyres IPO Allotment Status online can read the following section. Follow carefully the steps mentioned below and the result will instantly open on the screen:
- First of all, go to the official website of Cameo Corporate Services Limited i.e., https://cameoindia.com/
- The home page of the website will automatically open on the screen.
- Locate and tap the hamburger icon attached at the top right side of the screen.
- After tapping the icon, a menu will appear on the device.
- Go to the Services section and under that, there will be several options.
- Find and click the Registry and Share Transfer option.
- Go through the new page and stop once you locate the section of Useful Links.
- Check Out the available links and click the Cambridge Online option.
- Click the Useful Links option and click the IPO Status option.
- Now, enter the requested details and recheck them carefully.
- Afterwards, submit the details and wait for a few minutes.
- Finally, the IPO Allotment Result will appear holding the allotted shares details.
Tolins Tyres IPO Allotment Status: Important Links
| Check Out the Official Websites | Tolins Tyres Limited Website Link Cameo Corporate Services Limited Website Link |
| Read the Prospectus | Tolin Tyres Limited IPO DRHP |
| Check Out the Status | Check Here |
| Follow for the latest updates | SVU News, Home Page |
Frequently Asked Questions
When will the authority release the Tolins Tyres IPO Allotment Result?
The officials have not yet released the Tolins Tyres IPO Allotment Result. It is scheduled to be released on 12th September 2024.
What is the Tolins Tyres Initial Public Offering Listing price?
Investors will be able to know details regarding the listing prices once the shares get listed in the BSE NSE on 16th September 2024. Currently, the expected listing price is revolving around Rs. 256/-
What after issuing the www.tolinstyres.com IPO Allotment Result?
After the issuance of the Tolins Tyres IPO Allotment Result, the officials will transfer the shares to the Demat Account. The rest of the people will get the refund from 13th September 2024.
