Innovative Tyres & Tubes Ltd IPO

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Innovative tyres & tubes ltd manufacture and sell bias tires in India. The company offers tires for motorcycles, scooters, three-wheelers, passenger vehicles, light trucks, trucks, buses, and special purpose vehicles as well as tubes. They sell their products under the brand “Innovative”.
Innovative’s product range covers all highway sizes, Off The Road (OTR) highway sizes, agriculture and industrial tyres. They serve original equipment manufacturers. The company also exports its products to the Philippines, the United Arab Emirates, Peru, Latin America, etc.
Company’s plant is located at Hall, in Gujarat. ITTL has a strong business relationship with tyre major Ceat Ltd. The company is manufacturing all segments of Nylon Tyres. The company is catering to domestic markets/after-sales market, OEMs and is also exporting its products.

Innovative Tyres & Tubes Ltd IPO Stock Quote & Charts

25.70

+0.59%

  • Open: 25.70
  • High - Low: 25.70 - 25.70
  • Previous Close: 25.55
  • Total Traded Volume: 3000
  • Updated On: 14-Nov-2018

Objects of the Innovative Tyres & Tubes Ltd IPO:

1. Expansion of existing facility 2. Long-term working capital requirement 3. General Corporate Purposes

Innovative Tyres & Tubes Ltd IPO Details:

Open Date: Sep 22 2017
Close Date: Sep 26 2017
Total Shares: 6,297,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 28.34 Cr.
Lot Size: 3000 Shares
Issue Price: ₹ 42-45 Per Equity Share
Listing At: NSE Emerge
Listing Date: Oct 05 2017

Promoters And Management:

1. Mukesh Desai 2. Pradeep Kothari

Lead Manager of Innovative Tyres & Tubes Ltd IPO:

  1. Pantomath Capital Advisors Private Limited

Registrar of Innovative Tyres & Tubes Ltd IPO:

  1. Link Intime India Private Limited

Company Address:

Innovative Tyres & Tubes Ltd 1201, 1202, 1203 – GIDC Halol, Panchmahals – 389350 Phone: +91 267 6220621 Email: investors@innovativetyres.co.in Website: www.innovativetyres.com

25th Sep 2018 - 27th Sep 2018 => Aavas Financiers IPO

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