FAQ

1. What is the issue size of the Tolins Tyres IPO?

   The total issue size is ₹230 crores, which includes a fresh issue of ₹200 crores and an offer for sale (OFS) of ₹30 crores.

2. What are the IPO dates for Tolins Tyres?

   The IPO opened on September 9, 2024, and closed on September 11, 2024.

3. What is the price band for Tolins Tyres IPO?

   The price band is set between ₹215 and ₹226 per share.

4. What is the lot size for Tolins Tyres IPO?

   The minimum lot size is 66 shares, which requires a minimum investment of ₹14,916.

5. When will the allotment of Tolins Tyres IPO be finalized?

   The allotment date is expected to be finalized on September 12, 2024.

6. What is the expected listing date of Tolins Tyres shares?

   The shares are expected to list on the stock exchanges on September 16, 2024.

7. Where can I check the allotment status for Tolins Tyres IPO?

   You can check the allotment status on the BSE website or the registrar’s website (Cameo India).

8. What is the Grey Market Premium (GMP) for Tolins Tyres IPO?

   The GMP was reported to be ₹30 per share, representing a 13% premium over the issue price.

9. What is the total subscription rate for Tolins Tyres IPO?

   The IPO was subscribed 23.89 times by the closing date.

10. Who is the registrar for Tolins Tyres IPO?

    The registrar for this IPO is Cameo Corporate Services Limited.

11. How can I apply for the Tolins Tyres IPO?

    You can apply for the IPO through ASBA (Application Supported by Blocked Amount) or via the UPI system through your trading account.

12. What is the purpose of the Tolins Tyres IPO?

    The company plans to use the funds for business expansion, upgrading its manufacturing facilities, and debt reduction.

13. Is Tolins Tyres profitable?

    Yes, Tolins Tyres is a profitable company with plans to expand its operations and market reach.

14. What sectors does Tolins Tyres operate in?

    Tolins Tyres manufactures tyres for various vehicles, including two-wheelers, cars, trucks, and heavy-duty commercial vehicles.

15. When was Tolins Tyres founded?

    Tolins Tyres was founded in 1982 and has grown to become a leading player in the tyre manufacturing industry in India.

16. What are the major markets for Tolins Tyres products?

    The company caters to both domestic and international markets, including exports to various countries across Asia, Africa, and the Middle East.

17. How does Tolins Tyres compare with other tyre companies in India?

    Tolins Tyres is known for its affordable range of high-quality tyres and a robust distribution network, making it competitive with other major tyre manufacturers in India.

18. What is the expected listing gain for Tolins Tyres IPO?

    Based on the current GMP and market sentiment, Tolins Tyres is expected to deliver listing gains between 10% to 15%.

19. What is the credit rating for Tolins Tyres?

    Tolins Tyres has a strong credit rating, reflecting its stable financial position and growth potential.

20. How can I sell Tolins Tyres shares post-listing?

    You can sell the shares through your broker or trading platform once the shares are listed on the stock exchange on September 16, 2024.