Emerald Tyre Manufacturers

Emerald Tyre Manufacturers Limited - IPO

SME

Emerald Tyre Manufacturers IPO Details

Open Date
05 Dec 2024
Close Date
09 Dec 2024
Listing Date
12 Dec 2024
Issue Price
₹90 - ₹95
Face Value
₹10 per share
Lot Size
1200
GMP
₹85 (89.5%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
1,44,90,512
Share holding post issue
1,94,76,512
Total Issue Size
51,85,200 shares (aggregating up to ₹49.26 Cr)
Fresh Issue
49,86,000 shares (aggregating up to ₹47.37 Cr)
Offer for Sale
1,99,200 shares (aggregating up to ₹1.89 Cr)

Emerald Tyre Manufacturers IPO Subscription

Emerald Tyre Manufacturers IPO Application Wise Breakup

Emerald Tyre Manufacturers IPO Dates

  • 05 Dec 2024
    Opening dateOPD
  • 09 Dec 2024
    Closing dateCOD
  • 10 Dec 2024
    Basis of AllotmentBOA
  • 11 Dec 2024
    Initiation of RefundsIOR
  • 11 Dec 2024
    Credit of SharesCOS
  • 12 Dec 2024
    Listing dateLID

Emerald Tyre Manufacturers IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum11200₹114,000
Retain Maximum11200₹114,000
HNI Minimum22400₹228,000

Emerald Tyre Manufacturers IPO Reservation

Promoter Holding

Pre Issue:67.62%
Post Issue:50.31%
Promoter Names:
Chandhrasekharan Trirupathi Venkatachalam

Emerald Tyre Manufacturers IPO Valuations

ROCE:15.84%
Debt/Equity:1.61
RoNW:22.63%
P/BV:2.55
PAT Margin (%):7.16
EPS Pre IPO:8.44
EPS Post IPO:6.28
P/E Pre IPO:11.25
P/E Post IPO:15.12

Emerald Tyre Manufacturers Limited Financial Information

Emerald tyre Manufacturers Limited's revenue increased by 2.37% and profit after tax (PAT) rose by 37.04% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets17,398.5914,976.8613,556.09
Revenue17,196.8416,798.1013,469.67
Profit After Tax1,223.57892.85484.62
Net Worth5,406.853,698.842,897.44
Total Borrowing8,718.288,466.407,504.59
Amount in ₹ Lakhs

About Emerald Tyre Manufacturers IPO

    Strength Of Emerald Tyre Manufacturers IPO

    Risk Of Emerald Tyre Manufacturers IPO

    Objectives Emerald Tyre Manufacturers IPO

    1. To meet the Capital Expenditure
    2. To meet General Corporate Purposes
    3. To meet Offer Expenses

    Company Contact Details

    Emerald Tyre Manufacturers Limited
    Emerald House, Plot No.2
    Second Street, Porur Gardens, Phase-I,
    Vanagaram, Tiruvallur, Poonamallee, 600095
    Phone: 9043063194
    Email: cosec@emeraldtyres.com
    Website: https://emeraldtyres.com/about-emerald/

    Registrar Contact Details

    Name: Link Intime India Private Ltd
    Phone: +91-22-49186200

    Lead Mangers

    1. GYR Capital Advisors Private Limited

    Market Maker

    1. Giriraj Stock Broking

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