IPO Details

About Company

Incorporated in 2003, Tolins Tyres Limited is a tyre manufacturing company offering retreading solutions in India and exporting to over 40 countries, including the Middle East, East Africa, Jordan, Kenya, and Egypt. The company's operations are divided into two main verticals: - Tyre Manufacturing - Tread Rubber Manufacturing As of March 31, 2024, Tolins Tyres' product range includes Light Commercial Vehicle Tyres, Off-Road/Agricultural Tyres (OTR), Two-wheeler and Three-wheeler Tyres, Tyre Tubes and Flaps, Precured Tread Rubber (PCTR), Conventional Tread Rubber, Bonding Gum, Vulcanizing Solution, Rope Rubber, and other related products. Tolins Tyres manufactures a variety of products across categories such as tyres for two-wheelers, three-wheelers, light commercial vehicles, agricultural vehicles, as well as tread rubber and accessories like bonding gum, tyre flaps, and vulcanizing solutions. As of March 31, 2024, the company operated through 8 depots and had a network of 3,737 dealers across India. Tolins Tyres has three manufacturing units—two located at Mattoor in Kalady, Kerala, and one in Al Hamra Industrial Zone, Ras Al Khaimah, UAE. The company offers 163 stock-keeping units (SKUs) in the tyre category and 1,003 SKUs in the tread rubber segment. It has obtained various quality certifications, including ISO 9001:2015 and IATF 16949:2016, awarded by UK Certifications. Tolins Tyres' clientele includes companies such as Marangoni GRP, Kerala Agro Machinery Corporation Ltd (KAMCO), Redlands Motors, and Tyre Grip, among others. By March 31, 2024, the company had developed 163 new designs and products, along with the moulds required for them. Additionally, its sales and marketing team comprised 55 employees, including contract workers, all of whom reported directly to the Chairman and Managing Director.