58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Emerald Tyre Manufacturers Limited IPO (Emerald Tyre Manufacturers IPO) Detail

Emerald Tyre Manufacturers IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Chennai and caters to Rubber sector. GYR Capital Advisors Private is the merchant banker of Emerald Tyre Manufacturers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th April 2024.

Emerald Tyre Manufacturers IPO open date is 5th December 2024 and close date is 9th December 2024. IPO Allotment Date is 10th December 2024 and Listing date is 12th December 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Emerald Tyre Manufacturers IPO Date

Date of DRHP:
4th April 2024
IPO Allotment Date:
10th December 2024
IPO Open Date:
5th December 2024
Initiation of Refund:
10th December 2024
IPO Closing Date:
9th December 2024
IPO Listing Date:
12th December 2024

Emerald Tyre IPO Info, Size, Subscription

Emerald Tyre Manufacturers IPO size is Rs 49.26 Cr. crores with IPO price of Rs 95.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 49.26 Cr.

Issue Price:
₹ 95.00

Market Capitalisation :
₹ 185.03 Cr.

PE multiple :
15.12

Subscription :
530.59 times

Pre Issue Promoter Holding :
67.62 %

Post Issue Promoter Holding :
0.00%

Emerald Tyre Manufacturers IPO Information

Sub Sector : manufacturing, supplying, and servicing a wide range of tyres.
Emerald Tyre Manufacturers was incorporated on March 27, 2002, under the name and style of ‘Emrald Resilient Tyre Manufactures Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Chennai at Tamil Nadu. Thereafter, the name of Company was changed from “Emrald Resilient Tyre Manufactures Private Limited” to “Emerald Resilient Tyre Manufacturers Private Limited” vide special resolution passed by the members at the Extraordinary General Meeting held on July 16, 2018. Subsequently, Company was converted into Public Limited Company and name of company was changed from “Emerald Resilient Tyre Manufacturers Private Limited” to “Emerald Resilient Tyre Manufacturers Limited” pursuant to a special resolution passed by the shareholders at the Extra Ordinary General
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Object of Issue (Emerald Tyre IPO Objectives)

  • To meet the Capital Expenditure
  • To meet General Corporate Purposes
  • To meet Offer Expenses

GYR Capital Advisors Private Limited is the book-running lead manager of the Emerald Tyre Manufacturers IPO. Link Intime India Private Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Emerald Tyre Manufacturers IPO.

Emerald Tyre IPO Market Maker

Giriraj Stock Broking Private Limited

Emerald Tyre IPO Registrar (RTA)

Link Intime India Private Limited

Emerald Tyre IPO Lead Manager (BRLM)

GYR Capital Advisors Private Limited

Emerald Tyre Manufacturers IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.

Anchor Investors in Emerald Tyre IPO

No. of Anchor Investors: 5

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
HDFC BANK LIMITED 210,000.00 ₹95.00 ₹19,950,000.00
Kingsman Wealth Fund 262,800.00 ₹95.00 ₹24,966,000.00
3 SIGMA GLOBAL 262,800.00 ₹95.00 ₹24,966,000.00
Vikasa India EIF 517,200.00 ₹95.00 ₹49,134,000.00
Abundantia Capital VCC 211,200.00 ₹95.00 ₹20,064,000.00

Emerald Tyre Manufacturers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Emerald Tyre Manufacturers IPO?

Emerald Tyre Manufacturers IPO, based in Chennai, operates in the   Rubber sector with a focus on manufacturing, supplying, and servicing a wide range of tyres.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Emerald Tyre Manufacturers IPO size is ₹ 49.26 Cr. Crores with fresh issue size of Rs 49.26 Cr. Crores and Offer for sale being 49.26..

When is Emerald Tyre IPO allotment?

The IPO allotment date for Emerald Tyre Manufacturers IPO is expected to be 10th December 2024, after the finalization of basis of allotment. Investors can check Emerald Tyre Manufacturers IPO allotment status on the registrars website, Link Intime India Private Limited. Emerald Tyre Manufacturers IPO refund dates are 10th December 2024.

When is Emerald Tyre Manufacturers IPO listing date?

Emerald Tyre Manufacturers IPO is expected to be listed on 12th December 2024.

What is the price band for Emerald Tyre IPO?

The upper price band for the Emerald Tyre Manufacturers IPO is set at ₹ 95.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Emerald Tyre Manufacturers IPO Review?

For IPO analysis on Emerald Tyre Manufacturers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Emerald Tyre Manufacturers IPO?

To apply for the Emerald Tyre Manufacturers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th December 2024. After submission, funds are blocked until the basis of allotment of Emerald Tyre Manufacturers IPO is finalised.

Who is the merchant banker of Emerald Tyre IPO?

The merchant banker for Emerald Tyre Manufacturers IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Emerald Tyre Manufacturers IPO RHP for further details.

Who is the Registrar of Emerald Tyre Manufacturers IPO?

The registrar for Emerald Tyre Manufacturers IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Emerald Tyre Manufacturers IPO through their official website or helpline.

What is the Emerald Tyre Manufacturers IPO subscription?

Emerald Tyre Manufacturers IPO was subscribed 530.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 49.26 Cr. Avg IPO Size (Sector Based) : ₹ 16.68 Cr.
  • Sector: Rubber SME IPO so far: 6
  • Merchant Banker: GYR Capital SME IPO by BRLM so far: 47
  • City: Chennai SME IPO so far: 30
  • Revenue (annualised): ₹ 191.40 cr.
            PAT: (annualised): ₹ 12.39 cr.
  • PE Ratio: 15.12x Average Sector PE Ratio: 20.53x
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FAQs

Emerald Tyre Manufacturers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Emerald Tyre Manufacturers Financial Review Page

Emerald Tyre Manufacturers IPO subscription was 530.59 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Emerald Tyre Manufacturers IPO listed at a listing price of 189.50 against the offer price of 95.00.

The current market price of Emerald Tyre Manufacturers is 106.00.

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