Support and Resistance Levels
Past performance
About Tolins Tyres Ltd Tolins Tyres Ltd, initially established as a proprietorship in 1982 for tread rubber manufacturing, transformed into a public limited company in 2024. It operates in tyre manufacturing, focusing on bias tyres for light commercial, agricultural, and two/three-wheeler vehicles, and produces ancillary products like bonding gum and tyre flaps. The company enhanced its production capacity to 5,000 tyres per day after consolidating new machinery in 2023 and expanded its market presence by acquiring Tolin Rubbers Private Limited in Kerala and Tolins Tyres LLC in UAE. It markets under the 'Tolins Tyres' brand, serving both domestic markets in India and exporting to the Middle East, ASEAN, and Africa.
With three manufacturing facilities—two in Kerala and one in the UAE—Tolins Tyres has positioned itself as a significant player in tyre retreading solutions, exporting to 40 countries. The company plans a public offering totaling Rs 230 Cr to further its growth, comprising Rs 200 Cr from fresh capital and Rs 30 Cr through offer for sale.