Tolins Tyres Limited has become the first manufacturing company from Kerala to enter the stock market in 16 years. Known for its rubber cultivation and tourism, the southern Indian state marks this listing as a significant milestone.
Retreading IPO Success
Tolins Tyres’ Initial Public Offering (IPO) featured 10,176,992 equity shares with a face value of INR 5, raising a total of INR 230 crore. The price band was set between INR 215 and INR 226 per share.
The issue included a fresh offering of 0.88 crore shares, raising INR 200 crore, and an offer to sell 0.13 crore shares, generating an a...
Retreading IPO Success
Tolins Tyres’ Initial Public Offering (IPO) featured 10,176,992 equity shares with a face value of INR 5, raising a total of INR 230 crore. The price band was set between INR 215 and INR 226 per share.
The issue included a fresh offering of 0.88 crore shares, raising INR 200 crore, and an offer to sell 0.13 crore shares, generating an a...
