:::LALKAR GROUP::::

Tolins Tyres Ltd

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	226.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 66 Further Multiples of : 66

	(Rs)	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	226.00

Projects

Repayment and/or prepayment in full or certain outstanding loans(including foreclosure charges if any) availed by the company	Augmentation of long term working capital requiremnts of the company
Repayment and or prepayment in full or certain outstanding loans of its wholly owned subsidiary Tolin Rubbers Pvt Ltd	Augmentation of long term working capital requirements of its wholly owned subsidiary Tolin Rubbers Pvt Ltd
General corporate purposes

Promoted By

Kalamparambil Varkey Tolin

Jerin Tolin

Listing At

BSE

NSE

Registrar to the Issue

No Data Available