Tolins Tyres IPO GMP History
Tolins Tyres IPO has been listed on September 16, 2024 at a listing price of ₹228, against the issue price of ₹226 — a gain of ₹2 (+0.88%). The GMP peaked at ₹37 on 9 September 2024 and reached a low of ₹24 on 5 September 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Tolins Tyres IPO raised ₹230 Cr. through its IPO at a price band of ₹215 to ₹226 per share, with a lot size of 66 shares. The IPO was open for subscription from 09 Sep 2024 to 11 Sep 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:54 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 13 Sep 2024 | ₹ 29 | — | 13% | — | — |
| 11 Sep 2024 | ₹ 29 | ▼ | 13% | — | — |
| 09 Sep 2024 | ₹ 37 | ▲ | 16% | — | — |
| 07 Sep 2024 | ₹ 29 | ▲ | 13% | — | — |
| 05 Sep 2024 | ₹ 24 | — | 11% | — | — |
| 04 Sep 2024 | ₹ 24 | — | 11% | — | — |
| 03 Sep 2024 | ₹ 24 | — | 11% | — | — |
Tolins Tyres IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 09 Sep 2024
- Close 11 Sep 2024
- Allotment 12 Sep 2024
- Refund/credit 13 Sep 2024
- Listing 16 Sep 2024
Tolins Tyres IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹226 |
|---|---|
| GMP-based estimate (pre-listing) | ₹255 (+12.8%) |
| Listing gain / loss | +₹2 per share |
| Listing date | 16 Sep, 2024 |
| Actual listing price | ₹228 (+0.88%) |
Is Tolins Tyres IPO GMP reliable?
Grey market premium for Tolins Tyres IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Tolins Tyres IPO full review for a fundamentals-based assessment before making any grey market trades.
Tolins Tyres IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Tolins Tyres IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Tolins Tyres IPO
Tolins Tyres Limited was incorporated as Tolins Tyres Private Limited in Kerala on 10 July 2003. It works in both new tyres and tread rubber.
It mainly makes bias tyres for LCVs, agricultural vehicles and two and three-wheelers, and precured tread rubber. It also makes ancillary products such as bonding gum, vulcanising solution, tyre flaps and tubes.
Its FY2024 figures are consolidated, while FY2023 and FY2022 are standalone, as per the RHP. Its promoters are Dr. Kalamparambil Varkey Tolin and Jerin Tolin.
The IPO was Rs 230 crore, with Rs 200.00 crore of fresh issue and Rs 30.00 crore of offer for sale by the promoters. Rs 75.00 crore was planned for working capital and Rs 69.97 crore for repaying loans.
Frequently asked
What is the GMP of Tolins Tyres IPO?
The current Grey Market Premium (GMP) of Tolins Tyres IPO is ₹ 29.
What is the Kostak Price of Tolins Tyres IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Tolins Tyres IPO is not available.
What is the Subject to Sauda Price of Tolins Tyres IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Tolins Tyres IPO?
Tolins Tyres IPO listed on September 16, 2024 at ₹228, against the issue price of ₹226 — a gain of +0.88%.
How did the GMP of Tolins Tyres IPO trend before listing?
The GMP of Tolins Tyres IPO was stable in its final days before listing. The GMP peaked at ₹37 on 9 September 2024. View the day-wise table above for the complete GMP history.
Explore Tolins Tyres IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
