niftify.in

The Economic Times

Mphasis, Apollo Tyres among 8 midcap stocks bought by mutual funds in August

According to Mutual Fund Insights by Nuvama Alternative & Quantitative Research, these are the midcap stocks that mutual funds added to their portfolios in August.

Mint

Tolins Tyres share are down by -4.57%, Nifty up by 0.23%

Tolins Tyres Share Price Today on 18-09-2024: On the last trading day, Tolins Tyres opened at ₹215.1 and closed at ₹216.05. The stock reached a high of ₹221.9 and a low of ₹215.1 during the day. Overall, the stock showed a slight increase, closing higher than its opening price.

The Economic Times

JK Tyres board approves merger of Cavendish Industries

JK Tyre and Industry Ltd's board has approved the merger of Cavendish Industries Ltd. The amalgamation aims to house all businesses under one listed company, bringing benefits like economies of scale, operational synergies, reduced overheads, and improved investor perception. JK Tyres will issue shares proportionately to Cavendish Industries' shareholders.

The Economic Times

Bajaj Housing’s stellar debut leaves Kross and Tolins Tyres in the dark. Are they worth long-term bets?

Kross' IPO was oversubscribed nearly 17 times by the close, fueled by strong demand from both non-institutional and institutional investors. In contrast, Tolins Tyres saw its IPO subscribed 25 times, reflecting solid investor interest.

CNBC TV18

Tolins Tyres shares list on BSE and NSE at par with its IPO price of ₹226

Tolins Tyres has three manufacturing facilities, two of which are located in Mattoor in Kerala and the third one is in Al Hamra Industrial Zone in Ras Al Khaimah in the UAE.

The Economic Times

Buy Apollo Tyres, target price Rs 590: Motilal Oswal

Apollo Tyres Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.

Mint

Tolins Tyres IPO: What GMP reflects ahead of share listing date?

Ahead of the listing, the shares of Tolins Tyres are commanding a premium of ₹30 in the grey market, as per investorgain.

The Economic Times

Tolins Tyres shares to list on Monday. Here's what GMP signals ahead of debut

The shares of Tolins Tyres are set to debut on the bourses on Monday. According to grey market trends, the stock is expected to deliver positive gains to investors.

The Economic Times

Tolins Tyres stock listing on this day. GMP rises to 16%

Tolins Tyres IPO Listing: Tolins Tyres IPO was oversubscribed 23.89 times, leading to a 16% increase in its grey market premium. Shares are expected to be listed on Monday, September 16.

The Economic Times

Listing gains could soar up to 113% as Street awaits debut of Bajaj Housing Finance, 2 other IPOs

Three new IPOs, Bajaj Housing Finance, Kross Ltd, and Tolins Tyres, are set to debut on Monday. Bajaj Housing Finance is expected to be the star performer, with a grey market premium of 113%. All three issues are anticipated to generate positive returns for investors, but grey market premiums can be volatile and should be considered cautiously.

Mint

Tolins Tyres IPO shares to debut on Monday. What GMP signals ahead of listing

Considering the IPO price band's upper end and the grey market's current premium, the estimated listing price of Tolins Tyres was indicated at ₹256 apiece, a 13.2 per cent higher than the IPO price of ₹226. The grey market premium reflects investors' willingness to pay more than the issue price.

Business Standard

Tolins Tyres IPO ends with decent subscription

The offer received bids for 17.89 crore shares as against 74.88 lakh shares on offer.

Business Standard

Kross, Tolins Tyres IPO: check allotment status, GMP, other details here

Here's how the investors can check the allotment status for the initial public offerings of Kross, and Tolins Tyres

CNBC TV18

Tolins Tyres IPO share allotment likely today: Here's how to check status online

Tolins Tyres aimed to raise around ₹230 crore through its initial public offering (IPO), which was open for subscription from September 9 to 11.

Mint

Tolins Tyres IPO subscribed 23.89 times on final day; check subscription status, other key details

The Tolins Tyres IPO was subscribed 23.89 times on the last day of bidding on Wednesday. The IPO saw an overwhelming response from all categories, received 17,89,26,528 applications against 74,88,372 shares offered.

Business Line

CEAT’s Chennai plant expansion to drive its TBR growth, SUV market focus

The Chennai plant has added a new production line for TBR tyres at an investment of ₹670 crore

Business Standard

Ceat eyes global market with truck tyre production line in Chennai plant

This expansion positions them to meet the growing demand for high-performance vehicle tyres in both domestic and international markets, the company said

Business Standard

Tolins Tyres IPO subscribed 23.61 times

The offer received bids for 17.68 crore shares as against 74.88 lakh shares on offer.

The Economic Times

Ceat commissions new line at Chennai plant to produce truck, bus radial tyres

Ceat has inaugurated a new production line for truck and bus radial tyres at its Chennai plant. This expansion will gradually reach a capacity of 1,500 tyres daily over the next year, enhancing Ceat's ability to meet the demands of high-performance vehicles in both domestic and international markets, including Europe and the US.

Business Standard

CEAT commences commercial production at Tamil Nadu plant; stock up 2%

The installed capacity of the plant is expected to progressively reach 1,500 tyres per day in the next 12 months

Mint

Tolins Tyres IPO ends today: Check subscription status, GMP and other details

Tolins Tyres has opened its IPO to raise ₹230 crore, with shares priced between ₹215 and ₹226. Funds will enhance working capital and pay debt. The grey market premium indicates strong demand, with an expected listing price of ₹265.

The Economic Times

Tolins Tyres IPO subscribed by over 8 times so far on last day, GMP higher at 17%. Check details

By around 12 noon, retail investors led the demand, oversubscribing the issue by 12.4 times, while non-institutional investors followed with 8.4 times subscriptions. The portion allocated to qualified institutional buyers was subscribed 2 times.

Business Standard

Countdown begins: Kross, Tolins Tyres IPOs end today; should you bid?

The grey market premium (GMP) for both IPOs has remained upbeat, reflecting favorable market sentiments for these public issues

Business Line

Tolins Tyres IPO: Last day to subscribe

Issue subscribed 5.22 times; retail portion subscribed 3.2x

Business Standard

Tolins Tyres' IPO subscribed 5.2 times on second day of subscription

Tolins Tyres' initial public offer got subscribed 5.20 times on the second day of subscription on Tuesday. The initial share sale received bids for 3,89,17,626 shares against 74,88,372 shares on offer, according to data available with the NSE. The Retail Individual Investors (RIIs) part fetched 8.39 times subscription while the category for non-institutional investors got subscribed 4.07 times. The portion meant for Qualified Institutional Buyers (QIBs) received 45 per cent subscription. The initial public offer of Tolins Tyres got fully subscribed within hours of opening of bidding on Monday and ended the first day with an overall over-subscription of 1.80 times. Tolins Tyres Ltd on Friday announced that it has mopped up Rs 69 crore from anchor investors. The company has fixed a price band of Rs 215-226 per share for its initial public offering (IPO). The Kerala-based company's initial share sale is a combination of a fresh issue of equity shares worth Rs 200 crore and an ...

Business Standard

Tolins Tyres IPO subscribed 5.20 times

The offer received bids for 3.89 crore shares as against 74.88 lakh shares on offer.

Mint

IPO Review:Bajaj Housing Finance IPO vs Tolins Tyres IPO vs Kross IPO vs P N Gadgil IPO. Which one should you subscribe?

IPO Review: September has seen a surge in IPOs, with 87 listings on the mainboard. Analysts suggest economic factors will influence future momentum. Four IPOs, including Bajaj Housing Finance, are oversubscribed. This month could be the busiest for IPOs in 14 years, driven by strong investor demand.

Mint

Tolins Tyres IPO Day 2: Issue subscribed over 3 times so far; Latest GMP, should you apply, other key details

Tolins Tyres IPO price band is set at ?215 to ?226 per share. At the upper-end of the price band, the company plans to raise ?230 crore from the book-built issue.

Business Line

Tolins Tyres IPO sees good response from retail investors on Day 1

Issue subscribed 1.80 times; retail portion by 3.2x

Business Standard

Tolins Tyres' IPO fully subscribed in few hours, 1.8 times booking on Day 1

The initial public offer of Tolins Tyres got fully subscribed within hours of opening of bidding on Monday and ended the first day with an overall over-subscription of 1.80 times. The initial share sale received bids for 1,34,50,866 shares against 74,88,372 shares on offer, according to NSE data. The Retail Individual Investors' portion was booked 3.16 times while the quota for non-institutional investors got subscribed 83 per cent. The Qualified Institutional Buyers (QIBs) part got subscribed 12 per cent. Tolins Tyres Ltd on Friday announced that it has mopped up Rs 69 crore from anchor investors. The company has fixed a price band of Rs 215-226 per share for its initial public offering (IPO). The Kerala-based company's initial share sale is a combination of a fresh issue of equity shares worth Rs 200 crore and an offer-for-sale (OFS) of equity shares to the tune of Rs 30 crore. Promoters Kalamparambil Varkey Tolin and Jerin Tolin will offload shares worth Rs 15 crore each throu

Business Standard

Tolins Tyres' IPO opens today; should you bid?

Tolins Tyres Ltd's IPO opens for subscription today. Check details of lot size, allotment, listing, and other key aspects

Business Line

Tolins Tyres IPO: Opens today at ₹215-225

IPO consists of a fresh issue of equity shares amounting to ₹200 crore and an offer-for-sale of equity shares valued at ₹30 crore

CNBC TV18

Tolins Tyres IPO — Should you subscribe to the ₹230 crore issue opening today?

From price band to risk factors and should you subscribe, here is everything you need to know about the Tolins Tyres IPO.

The Economic Times

Tolins Tyres IPO opens on Monday. What GMP signals ahead of subscription?

Tolins Tyres IPO opens September 9 with a price band of Rs 215-226. Grey market premium suggests a 13% gain. The company aims to raise Rs 230 crore, with notable anchor investors.

CNBC TV18

IPO buzz next week as 13 companies hit primary market to raise ₹8,644 crore

The four main-board IPOs include that of Bajaj Housing Finance, which is expected to mobilise around ₹6,560 crore, PN Gadgil Jewellers ( ₹1,100 crore), Kross Ltd ( ₹500 crore), and Tolins Tyres (₹230 crore).

The Economic Times

Tolins Tyres garners Rs 69 cr from anchor investors ahead of IPO

Tolins Tyres Ltd has raised Rs 69 crore from anchor investors before its IPO opening for public subscription. The company allotted 30.53 lakh shares at Rs 226 each. The IPO, worth Rs 230 crore, will be open from September 9-11 with a price band of Rs 215 to Rs 226 per share.

Mint

Tolins Tyres IPO: Tyre manufacturer garners ₹69 crore from anchor investors ahead of public issue

Tolins Tyres has allocated 30.53 lakh shares to investors at ₹226 each, which is the upper limit of the price band. This brings the total transaction value to ₹69 crore, as detailed in a circular posted on BSE's website.

Business Standard

Tolins Tyres garners Rs 69 cr from anchor investors ahead of its IPO

Tolins Tyres Ltd on Friday announced that it has mopped-up Rs 69 crore from anchor investors ahead of its initial share-sale opening for public subscription. BofA Securities Europe SA, NAV Capital VCC, Chhatisgarh Investments, Ashika Global Securities, Moneywise Financial Services, Vikasa India EIF I Fund, Invicta Continuum Fund I and Steptrade Revolution Fund are the anchor investors that have been allotted shares. The company allotted a total 30.53 lakh shares to these investors at Rs 226 apiece, which is also the upper-end of the price band. This aggregates the transaction size to Rs 69 crore, according to a circular uploaded on BSE's website. The company's Rs 230-crore IPO will be open for public subscription during September 9-11. It has fixed a price band of Rs 215 to Rs 226 per share for its initial public offering (IPO). The Kerala-based company's initial share-sale is a combination of fresh issue of equity shares worth Rs 200 crore and an offer-for-sale (OFS) of equity ..

Mint

Tolins Tyres IPO: From financials to GMP, here are 10 things to know before subscribing to the issue that opens soon

Tolins Tyres IPO: The initial public offering begins on September 9, 2024, and ends on September 11, 2024. From financials to GMP, here are 10 things to know before subscribing to the issue that opens soon

Business Standard

Tolins Tyres' Rs 230 cr IPO to open for subscription on September 9

Tolins Tyres Ltd on Tuesday said it has fixed a price band of Rs 215-Rs 226 per share for its initial public offering (IPO), opening for subscription on September 9. The company's Rs 230-crore IPO is scheduled to conclude on September 11, and the bidding for anchor investors will open for a day on September 6, it announced. The Kerala-based company's initial share sale is a combination of a fresh issue of equity shares worth Rs 200 crore and an offer-for-sale (OFS) of equity shares to the tune of Rs 30 crore. Promoters -- Kalamparambil Varkey Tolin and Jerin Tolin -- will offload shares worth Rs 15 crore each through the OFS route. They own 83.31 per cent stake in the company at present. Of the Rs 200 crore IPO proceeds, Rs 75 crore will be used to augment the long-term working capital requirements of the company and Rs 62.55 crore for debt payment. Further, Rs 24.36 crore will be used for investment in the company's subsidiary Tolin Rubbers to repay its debt and to support its ..