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Apollo Tyres gets nod to raise Rs 15,000 million

11 Oct 2017 Evaluate

Apollo Tyres has received an approval for the issue and allotment of 63,025,210 equity shares to eligible qualified institutional buyers (QIBs) at the issue price of Rs 238 per equity share (including a premium of  Rs 237 per Equity Share), aggregating to approximately Rs 15,000 million. The Committee of Directors (Funds Raising) of the Company at its meeting held on October 10, 2017, approved the same.

Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc.

Apollo Tyres Share Price

445.30 1.55 (0.35%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
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