Tolins Tyres Ltd IPO |
Registered Office:
No 1/47 M C Road,Kalady Ernakumalm
,
Aluva
-
683574
,
Kerala
, India.
Phone :
+91 72592 87215 Fax:
Email : cs@tolins.com
Website : www.tolinstyres.com
|
| Initial public offer of 10,176,991 equity shares of face value (Rs)5 each ("Equity Shares") of Tolins Tyres Limited for cash at a price of (Rs)226 per equity share (including a share premium of (Rs)221 per equity share) (the "Offer Price"), aggregating to (Rs)230.00 crores comprising of a fresh issue of 8,849,557* equity shares of face value (Rs)5 each aggregating to (Rs)200.00 crores (the "Fresh Issue") and an offer for sale of 1,327,432* equity shares of face value of (Rs)5 each aggregating to (Rs)30.00 crores (the "Offer for Sale"), consisting of 663,716 equity shares of face value of (Rs)5 each aggregating to (Rs)15.00 crores by Kalamparambil varkey tolin and 663,716 equity shares of face value of (Rs)5 each aggregating to
(Rs)15.00 crores by Jerin Tolin (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares").
The offer price is 45.2 times the face value of the equity shares.
*Read this number as per corrigendum to prospectus
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 09-Sep-24 |
11-Sep-24 |
(Rs)226.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :66 Further Multiples of :66 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
183.80 |
| Saffron Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
230.00 |
|
| Post Issue Equity Share Capital |
19.75 |
|
| Issue Price |
(Rs)226.00 |
|
|