Tolins Tyre IPO Day 2: Public Issue Subscribed 5.2 Times
Tolins Tyres IPO: Public Issue Subscribed 14x On Final Day, GMP Hints Premium Listing; Check Allotment Date
Tolins Tyres Initial Public Offering (IPO) is set to close on a high note today, September 11, with an overwhelming response from investors across categories. The company, which aims to raise approximately Rs 230 crore through its IPO,
Tollins Tyres IPO subscribed 23.89 times on final day; check subscription status, other key details
The Tollins Tyres IPO was subscribed 23.89 times on the last day of bidding on Wednesday. The IPO saw an overwhelming response from all categories, received 17,89,26,528 applications against 74,88,372 shares offered.
Tolins Tyres IPO subscribed by over 8 times so far on last day, GMP higher at 17%. Check details
By around 12 noon, retail investors led the demand, oversubscribing the issue by 12.4 times, while non-institutional investors followed with 8.4 times subscriptions. The portion allocated to qualified institutional buyers was subscribed 2 times.
Tolins Tyres IPO booked 11 times on Day 3 so far; QIBs portion subscribed 2x
Kerala-based Tolins Tyres is selling its shares in the price band of Rs 215-230 apiece. Investors can apply for a minimum of 66 shares and its multiples thereafter.
Tolins Tyres IPO Subscription Status Day 3: Issue booked 23.61 times; retail quota at 21x
From the Rs 200 crore raised, Rs 75 crore will be allocated to meet the company’s long-term working capital needs, while Rs 62.55 crore will be used for debt repayment.
IPO for India’s Tolin Tyres
The IPO for Tolin Tyres is expected to raise up to Rs 2,300 million (£20.9 million), which will aid the company's expansion plans
Tolins Tyres' IPO Sees Strong Demand with 5.20 Times Subscription on Day Two
Tolins Tyres' initial public offering (IPO) was oversubscribed 5.20 times by the second day. Retail investors showed strong interest, with the segment subscribed 8.39 times. The company aims to raise Rs 230 crore,
Tolins Tyres IPO Oversubscribed 23.87 Times
Tolins Tyres' IPO received an overwhelming response, closing with a 23.87 times subscription. The IPO, which included a fresh issue and OFS, garnered strong interest from all investor categories.
Tolins Tyres IPO ends today: Check subscription status, GMP and other details
Tolins Tyres has opened its IPO to raise ₹230 crore, with shares priced between ₹215 and ₹226. Funds will enhance working capital and pay debt. The grey market premium indicates strong demand, with an expected listing price of ₹265.
Tolins Tyres IPO Fully Subscribed Within Hours of Opening
Tolins Tyres' IPO was fully subscribed within hours of opening, receiving bids for over 83.9 lakh shares against the offered 74.88 lakh shares, translating to 1.12 times subscription. The company raised Rs 69 crore from anchor investors and set a price band of Rs 215-226 per share.
Tolins Tyres IPO Day 3: Should You Apply? Check Subscription Status, GMP, Review
Unlisted shares of Tolins Tyres Ltd are trading Rs 39 higher in the grey market, signalling a 17.26 per cent listing gain from the public issue. Should You Apply? Check Subscription Status, GMP, Revie
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