Tolins Tyres shares list at nearly 1% premium over IPO price
- Posted on September 16, 2024
- By Business News Today
- 1 Views
Tolins Tyres shares list at nearly 1% premium over IPO price
Of the Rs 200 crore IPO proceeds, Rs 75 crore will be used to augment long-term working capital requirements, Rs 62 crore for repayment of debut. Further, about Rs 24 crore will be used for investment in the company's subsidiary Tolin Rubbers for repaying its debt and supporting its working capital requirements.
