IPO Trending
ETMLSME / NSEListed
Emerald Tyre Manufacturers

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 Price₹180.50
Listing Gain+90.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open05 Dec 2024
Close09 Dec 2024
Allotment10 Dec 2024
Listing12 Dec 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail17,11,200 shares
33%
Nii(hni)7,33,200 shares
14.14%
Anchor14,64,000 shares
28.23%
QIB9,76,800 shares
18.84%
Market Maker3,00,000 shares
5.79%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,14,000
HNI2 Lots (2,400 shares)
₹2,28,000

Company Promoters

Chandhrasekharan Trirupathi Venkatachalam

Company Background

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 ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jul-24 )₹6493 Cr
Growth-51.8%
Revenue Trend (₹ in Crores)
0.06.6k13.2k19.8kMar-22Mar23Mar-24Jul-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jul-24 6,49341418,1908,750
Mar-2417,1971,21417,3948,718
Mar2316,79889314,9778,466
Mar-2213,47048513,5567,505

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-242.850%5.90%00
Mar-248.710%17.62%11.2515.12
Mar-2313.610%16.4%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Ms Shanthi Gopalkrishnan

Allotment Finalized
Allotment Date
10 Dec 2024
Official Status
Out / Finalized
Registrar
Ms Shanthi Gopalkrishnan
Listing Date
12 Dec 2024

Official Allotment Verification Links

Official Registrar Portal
Ms Shanthi Gopalkrishnan

Direct allotment verification on the official registrar portal appointed for Emerald Tyre Manufacturers. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Dec 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Dec 2024Trading commences on exchange

How to Check Emerald Tyre Manufacturers Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Emerald Tyre Manufacturers from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Allotment FAQs & Help

About Emerald Tyre Manufacturers IPO

Complete issue overview for Emerald Tyre Manufacturers (ETML) IPO. The issue features an equity share price band of ₹90 – ₹95 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,14,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions