Tolins Tyres IPO Subscription Status: Tolins Tyres IPO is Open on 9 September 2024 and Close on 11 September 2024. Tolins Tyres IPO to Raise 10,176,992 shares (Approx ₹230.00 Cr) via IPO. The Fresh Issue is 8,849,558 shares (Approx ₹200.00 Cr) and The Offer For Sale is 1,327,434 shares of ₹5 (Approx ₹30.00 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Tolins Tyres IPO is an Mainline IPO and Listed on NSE & BSE. Tolins Tyres IPO Price Band is Fixed at ₹226 Equity Share. Tolins Tyres IPO Lot Size is 66 Shares.
Also Read: Tolins Tyres IPO GMP, Price, Date, Latest IPO Details
Tolins Tyres IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 2,035,398 | 5,43,83,274 | 26.72 |
| Non Institutional Buyers (NIIs) | 1,526,549 | 4,39,71,774 | 28.80 |
| BNII | 1,017,699 | 2,68,58,634 | 26.39 |
| SNII | 508,850 | 1,71,13,140 | 33.63 |
| Retail Individual Buyers (RIIs) | 3,561,947 | 7,99,83,420 | 22.45 |
| Anchor Investors | 30,53,097 | 30,53,097 | 1 |
| Total | 7,123,894 | 17,83,38,468 | 25.03 |
Tolins Tyres IPO Subscription Status day-by-day-
| Categories | 9 Sep | 10 Sep | 11 Sep |
|---|---|---|---|
| QIB | 0.13 | 0.48 | 26.72 |
| NII | 0.88 | 4.32 | 28.80 |
| RII | 3.41 | 8.98 | 22.45 |
| Total | 1.93 | 5.56 | 25.03 |
About IPO :
Tolins Tyres has established itself as a major tyre retreading solutions provider across India and exported to 40 foreign countries, including the Middle East, East Africa, Jordan, Kenya and Egypt.
- Light Commercial Vehicle Tyres (LCV)
- Off the Road/Agriculture Tyres (OTR)
- Two-wheeler & Three-wheeler Tyres
- Tyre Tubes & Tyre Flaps
- Precured Tread Rubber (PCTR)
- Conventional Tread Rubber
- Bonding Gum
- Vulcanising Solution
- Rope Rubber & Others
- Rope Rubber & Others
Tolins Tyre sholdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets.
Who Is QIB In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
Tolins Tyres Finance Review From MoneyMintIdea –
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