The retail investor segment had a subscription of 21.52 times, non-institutional investors subscribed 27.41 times, and Qualified Institutional Buyers 25.42 times.
Tolins Tyres IPO opened for public subscription today with a price band of Rs 215 to Rs 226 per share. The retail portion of the Tolins Tyres IPO was fully booked within hours of opening.
Kerala-based tyre manufacturer, Tolins Tyres, is launching its IPO on September 9. The company seeks to raise Rs 230 crore at a price band of Rs 215-226. The IPO includes both fresh issue and offer for sale.
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