Discover the latest on Tolins Tyres IPO GMP, including its Grey Market Premium (GMP), Kostak rates, and Subject to Sauda rates. Currently, the GMP for Tolins Tyres IPO has not started. Stay updated with us for the latest GMP figures.
Tolins Tyres IPO opens on September 9, aiming to raise ₹230 crores. This Mainline IPO is priced between ₹215 to ₹226 per share, with a market lot of 66 shares. Founded in 1982 by K.P. Varkey, Tolins Tyres has grown into a key player in India’s tyre and treads industry. The company manufactures a wide range of products, including new tyres, tread rubber, and tyre retreading solutions, and exports to 40 countries. Their primary focus is on bias tyres for various vehicles, precured tread rubber, and related products such as bonding gum, vulcanizing solution, tyre flaps, and tubes.
The latest Grey Market Premium (GMP) for Tolins Tyres IPO stands at ₹30, as of September 11th, 2024, 08:28 PM. With a price band of ₹226.00, the estimated listing price for Tolins Tyres IPO is ₹256, calculated by adding today’s GMP to the cap price. This suggests a potential gain of 13.27% per share.
Retail Subject to Sauda: ₹1,500
Small HNI Subject to Sauda: ₹21,000
We update the GMP daily, and based on the last 10 sessions, today’s GMP is showing an upward trend, signaling a strong listing potential. The GMP has ranged from a low of ₹0 to a high of ₹39. Stay tuned for daily updates on Tolins Tyres IPO GMP and expected listing price trends
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Tolins Tyres IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 11-09-2024 Close | 226 | ₹30 | 1500/21000 | ₹256 (13.27%) |
| 10-09-2024 | 226 | ₹39 | 2000/28000 | ₹265 (17.26%) |
| 09-09-2024 Open | 226 | ₹39 | 2000/28000 | ₹265 (17.26%) |
| 08-09-2024 | 226 | ₹30 | 1500/21000 | ₹256 (13.27%) |
| 07-09-2024 | 226 | ₹30 | 1500/21000 | ₹256 (13.27%) |
| 06-09-2024 | 226 | ₹30 | 1500/21000 | ₹256 (13.27%) |
| 05-09-2024 | 226 | ₹25 | 1300/18200 | ₹251 (11.06%) |
| 04-09-2024 | 226 | ₹25 | 1300/18200 | ₹251 (11.06%) |
| 03-09-2024 | 226 | ₹25 | 1300/18200 | ₹251 (11.06%) |
| 02-09-2024 | ₹0 | — | ₹ (0%) |
IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) represents the price at which an IPO is traded in the unofficial and unregulated grey market before its official listing. The GMP gives an indication of how the IPO might perform on listing day. A positive GMP suggests potential profits, while a negative GMP indicates the IPO could list at a discount.
However, it’s important to note that GMP is highly volatile, and making investment decisions based solely on Tolins Tyres IPO GMP can be risky. Be sure to consider all factors carefully before deciding whether to invest in Tolins Tyres IPO.
Tolins Tyres IPO Dates
Stay tuned for the latest updates on Tolins Tyres IPO. Dates will be shared as soon as they are announced.
| IPO Activity | Date |
| IPO Open Date | 09-09-2024 |
| IPO Close Date | 11-09-2024 |
| Basis of Allotment | 12-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 13-09-2024 |
| Credit of Shares | 13-09-2024 |
| to Demat Account* | |
| IPO Listing Date* | 16-09-2024 |
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
