UPI Mandate for Bids placed between 5 PM and before 10 AM will be received after 10 AM.
Offer Date | Dec 05 - Dec 09, 2024 |
Offer Price | ₹ 90-95 |
Lot Size | 1200 |
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Emerald Tyre Manufacturers Limited IPO
NSE SME LiveOffer Date: Dec 5, 2024 - Dec 9, 2024
Exp. Premium: 65-75 (68.42%)
₹ 114000 /1200 Shares
Apply*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Emerald Tyre Manufacturers IPO Live Subscription Details
Date
:06-Dec-2024 17:00:18 hrs
QIBs
:0.54
NII
:133.49
Retail
:165.86x
Total
:111.72 times
Emerald Tyre Manufacturers IPO Details
05 Dec, 2024
Open Date09 Dec, 2024
Close Date10 Dec, 2024
Allotment Date12 Dec, 2024
Listing DateIssue Price
₹90-95 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdMarket Lot
1200 Shares (₹114,000/-)Lead Manager
GYR Capital Advisors Private LimitedIssue Size
5,185,200 shares(aggregating up to ₹49.26 Cr)Retail Portion
35%Subscription
111.72 timesEmerald Tyre Manufacturers Valuations
EPS Pre IPO
₹8.44/-EPS Post IPO
₹6.28/-P/E Pre IPO
11.25P/E Post IPO
15.12RoNW
22.63%Emerald Tyre Manufacturers Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 17,398.59 | 14,976.86 | 13,556.09 |
| Revenue | 17,196.84 | 16,798.10 | 13,469.67 |
| Profit After Tax | 1,223.57 | 892.85 | 484.62 |
About The Company
Emerald Tyre Manufacturers Limited specializes in manufacturing, supplying, and servicing a wide range of tyres. The company offers its products under the brand name GRECKSTER. Emerald Tyre Manufacturers Limited's products are Solid Resilient Tyres, Press bands, Industrial Penumatic Tyres & Butyl Tubes & Flaps and Wheel Rims.
The company's products are being exported to global markets including, the USA, UAE, Russia, and major European Countries like Belgium, Germany, Netherlands, Hungry, Portugal, Italy, Denmark Poland besides the UK. The company also has warehouses located in Belgium, UAE and the USA providing on-time delivery of products and value-added services to customers across Europe, the Middle East and now in North America.
Emerald Tyre Manufacturers - Promoter(s)
Pre Issue Share Holding: 67.62%
Post Issue Share Holding: %
Company Promoter(s)
- Chandhrasekharan Trirupathi Venkatachalam
Emerald Tyre Manufacturers IPO - Issue Objectives
- To meet the Capital Expenditure
- To meet General Corporate Purposes
- To meet Offer Expenses
Emerald Tyre Manufacturers IPO - FAQs
Ans. Emerald Tyre Manufacturers Limited IPO is a SME IPO. The issue is priced at ₹90-95 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Dec 5, 2024, and closes on Dec 9, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Emerald Tyre Manufacturers Limited IPO opens on Dec 5, 2024 and closes on Dec 9, 2024.
Ans. The size of Emerald Tyre Manufacturers Limited IPO is 5,185,200 shares(aggregating up to ₹49.26 Cr).
Ans. The IPO price band is set between ₹90-95 per equity share.
Ans. To apply for Emerald Tyre Manufacturers Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Emerald Tyre Manufacturers Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Emerald Tyre Manufacturers Limited IPO is Dec 10, 2024.
Ans. The Emerald Tyre Manufacturers Limited IPO will be listed on Dec 12, 2024.
Ans. Follow the steps to check the allotment status for Emerald Tyre Manufacturers Limited IPO here.
