Tolins Tyres IPO
Specialty Tyres/Rubber - Listed on 16 September 2024
Tolins Tyres IPO listing summary
Tolins Tyres (Specialty Tyres/Rubber) closed its IPO window in 2024 and listed on NSE and BSE on 16 September 2024 at an upper band issue price of Rs 226, opening at Rs 228 for a listing gain of +0.9% and closing day one at Rs 239.4 (+5.9% on closing basis). The IPO was subscribed 23.45x overall - QIB 25.42x, HNI/NII 27.30x, Retail 20.66x. The total issue size was Rs 230 Cr (Fresh Issue Rs 200 Cr, OFS Rs 30 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Tolins Tyres IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 25 | +13.27% |
| Day 2 | Rs 25 | +13.27% |
| Day 3 | Rs 30 | +17.70% |
| Day 4 | Rs 35 | +17.70% |
| Day 5 | Rs 40 | +15.49% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Tolins Tyres IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Tolins Tyres IPO - FAQs
What was the listing gain of Tolins Tyres IPO?
Tolins Tyres IPO listed at +0.9% versus the upper issue price of Rs 226 on 16 September 2024.
How many times was Tolins Tyres IPO subscribed?
Tolins Tyres IPO was subscribed 23.45x overall. QIB portion was subscribed 25.42x, HNI / NII 27.30x and Retail 20.66x.
What was the IPO GMP for Tolins Tyres?
IPO GMP started at Rs 25 on Day 1 and moved to Rs 40 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.