Key Objective
Initial public offer of 10,176,991 equity shares of face value Rs. 5 each ("Equity Shares") of Tolins Tyres Limited for cash at a price of Rs. 226 per equity share (including a share premium of Rs. 221 per equity share) (the "Offer Price"), aggregating to Rs. 230.00 crores comprising of a fresh issue of 8,849,557* equity shares of face value Rs. 5 each aggregating to Rs.200.00 crores (the "Fresh Issue") and an offer for sale of 1,327,432* equity shares of face value of Rs. 5 each aggregating to Rs. 30.00 crores (the "Offer for Sale"), consisting of 663,716 equity shares of face value of Rs. 5 each aggregating to Rs. 15.00 crores by Kalamparambil varkey tolin and 663,716 equity shares of face value of Rs. 5 each aggregating to
Rs. 15.00 crores by Jerin Tolin (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares").
The offer price is 45.2 times the face value of the equity shares.
*Read this number as per corrigendum to prospectus