Tolins Tyres Ltd. makes a strong debut on the bourses with scrip got listed at Rs 227.00 on the Bombay Stock Exchange, a 0.44 per cent premium to its issue price of Rs 226.00. On the National Stock Exchange, the stock was listed at Rs 0.00.

The company, which raised 1.02 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 101.77 lakhs shares.

The company, listed under T Group Securities post its IPO, opened for subscription from Sep 09 to Sep 11.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Saffron Capital Advisors Pvt. Ltd. as lead managers & Cameo Corporate Services Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 82,890.94, down 71.77 points, or 0.08 per cent.