Tolins Tyres Ltd.
Issue Open Date 09-Sep-24  
Issue Closing Date 11-Sep-24  
Application Money 100  
Allotment Money  
Price Band () 215 - 226  
Minimum Bid Quantity. 66  
Issue Size (Shares) 7488372  
Market Lot 1  
Objective

1. Repayment and / or prepayment, in full, of certain outstanding loans (including foreclosure charges, if any) availed by our Company.2. Augmentation of long-term working capital requirements of our Company.3. Investment in our 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.4. General corporate purposes.

Business Description

We are a leading player in the Tyre & Treads industry with all India presence with a diverse product range. We areone of the companies that are present in both verticals – manufacturing of new tyres and tread rubber. Our Companyhas established itself as a major tyre retreading solutions provider across India and exported to 40 foreign countries,including the Middle East, East Africa, Jordan, Ke...

Promoter's Holding
Total Share Capital   28400899  
Offered to Public   10176991  
Promoter's Holding (Pre-Issue)   92.64  
Promoter's Holding (Post-Issue)   68.53  
Address
Address :No. 1/47
M C Road
Kalady
Ernakulam
City :Aluva, State :Kerala Pincode :683574 Phone :7259287215 Email : finance@tolins.com Website : www.tolinstyres.com
Registrar
Cameo Corporate Services Ltd
Subramanian Buildings No 1
Club House Road

Chennai
Listed at
BSE, NSE
Lead Manager
Saffron Capital Advisors Pvt Ltd
Promoters
Jerin Tolin
Kalamparambil Varkey Tolin

© 2019. MSE Financial Services Ltd. All Rights Reserved

Developed & Content Powered by  Accord Fintech Pvt. Ltd.