1.Company Information
Incorporated in 2003, Tolins Tyres Limited is a tyre manufacturing company. The company provides tyre retreading solutions in India and exports to 40 countries, including the Middle East, East Africa, Jordan, Kenya, and Egypt.
The company's business can be divided into two verticals:
Tyre manufacturing and
Tread Rubber manufacturing.
As of March 31, 2024, the company's products include Light Commercial Vehicle Tyres, Off Road/Agriculture Tyres (OTR), Two-wheeler & Three-wheeler Tyres, Tyre Tubes & Tyre Flaps, Precured Tread Rubber (PCTR), Conventional Tread Rubber, Bonding Gum, Vulcanizing solution, Rope Rubber & Others.
The company manufactures a range of products, including two-wheelers, three-wheelers, light commercial vehicles, agricultural tyres, tread rubber, and various accessories such as bonding gum, tyre flaps, and vulcanizing solutions.
As of March 31, 2024, the company operated 8 depots and had 3,737 dealers nationwide.
The company operates three manufacturing facilities, with two located at Mattoor in Kalady, Kerala, and the third in Al Hamra Industrial Zone in Ras Al Khaimah, UAE.
The company has 163 stock-keeping units (SKUs) in the tyre category and 1,003 SKUs in the tread rubber category.
The company has obtained various quality certifications such as ISO 9001:2015, IATF 16949:2016 issued by UK Certifications.
The company's clientele includes Marangoni GRP, Kerala Agro Machinery Corporation Ltd (KAMCO), Redlands Motors, and Tyre Grip. etc. for products.
As of March 31, 2024, the company has developed 163 new designs and products and has also created moulds for them.
As of March 31, 2024, the company's sales and marketing team comprised 55 employees, including contract workers who reported to the Chairman and Managing
2. Objects of the Issue
Diversified Product Range and Customised Product Offering:
Our Company is divided into two business verticals based on the two product categories.
We manufacture Tyres and Tread Rubber. We have unique competitive advantages and uniqueness in both the categories, which has been discovered through consumer insights,studies and market research.
We have a total of 154stock keeping units (SKU) in tyre category and 993SKUs in tread rubber, this catalogue has been built overthedecades to fit in with market requirements and to fulfil customer requirements.
Quality of Products:
We believe that quality plays a prime role in growth of any organisation. Our Company believes in manufacturing quality products and adheres to various qualitative standards.
Our products undergo quality check at various levels of production to ensure that any quality defects or product errors are rectified on real time basis.
We also have an in-house laboratory for conducting various tests for further improvements in our products. Further we have also been accredited with various quality certifications such as ISO 9001:2015, IATF 16949:2016 issued by UK Certifications.
Our Company (tyre plant) are BIS (ISI required for Tyres) approved and almost all required sizes have got BIS product certification, which is mandatory for manufacturing and marketing Tyres in India.
OurCompany has also been accredited with Department of Transportation certificate from United States of America for exporting our products to USA and E mark E32 certification for Europe.
Long standing relationship with large OEMs and dealer network in India and our Depots:
In over three decades of our operations, we have established long-standing relationships with several well established Indian and global customers like,Marangoni GRP, Kerala Agro Machinery Corporation Ltd (KAMCO), Redlands Motors, Tyre Grip. etc.for products.
Our diversified product portfolio helps us cater to the requirements of a broad spectrum ofcustomers which includes OEMs, domestic dealer network and our depots across the country. We believe that the strength of our customer relationships is attributable to our ability
to customize to customer specifications and requirements, as well as our track record of consistent delivery of quality and cost-effective products and solutions over the years.
We engage with our key customers at various stages of product development, commencing from product design, validation and testing up to final manufacturing and delivery.
This helps us understand customer requirements and future plans better, enabling us to forecast, plan and manufacture our products accordingly, thereby resulting in business optimization, improved productivity, efficiency and margins.
3. Tolins Tyres IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website:https://ipo.cameoindia.com/