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ETMLSME / NSEListed

Emerald Tyre Manufacturers Limited

Emerald Tyre Manufacturers Limited, incorporated in 2002, specializes in manufacturing and servicing a wide range of tyres under the brand "GRECKSTER," including Solid Resilient Tyres, Press Bands, Industrial Pneumatic Tyres, Butyl Tubes & Flaps, and Wheel Rims. The company exports its products to markets such as the USA, UAE, Russia, and European countries including Belgium, Germany, and Italy, supported by warehouses in Belgium, the UAE, and the USA for timely delivery and superior customer service. As of March 31, 2024, Emerald Tyre employs 224 permanent and 191 contractual staff, continuing to expand its footprint across Europe, the Middle East, and North America.

₹90 - ₹95531.35x sub
Listed Price180.50
Listing Gain+90.00%
TimelineBookbuilding IPO
Open05 Dec 2024
Close09 Dec 2024
Allotment10 Dec 2024
Listing12 Dec 2024

Quota Reservation Portions

RetailPortion: 17,11,200 shares
33%
Nii(hni)Portion: 7,33,200 shares
14.14%
AnchorPortion: 14,64,000 shares
28.23%
QIBPortion: 9,76,800 shares
18.84%
Market MakerPortion: 3,00,000 shares
5.79%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,14,000
HNI2 lots / 2,400 shares
₹2,28,000

About the Company

Emerald Tyre Manufacturers Limited, incorporated in 2002, specializes in manufacturing and servicing a wide range of tyres under the brand "GRECKSTER," including Solid Resilient Tyres, Press Bands, Industrial Pneumatic Tyres, Butyl Tubes & Flaps, and Wheel Rims. The company exports its products to markets such as the USA, UAE, Russia, and European countries including Belgium, Germany, and Italy, supported by warehouses in Belgium, the UAE, and the USA for timely delivery and superior customer service. As of March 31, 2024, Emerald Tyre employs 224 permanent and 191 contractual staff, continuing to expand its footprint across Europe, the Middle East, and North America.

Company Promoters

Chandhrasekharan Trirupathi Venkatachalam