Emerald Tyre Manufacturers Ltd

Emerald Tyre Manufacturers Ltd IPO

Emerald Tyre Manufacturers Ltd IPO Price Range is ₹90 - 95, with a minimum investment of ₹1,14,000 for 1200 shares.

₹1,14,000

/ 1200 shares

Minimum Investment

View Emerald Tyre Manufacturers Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹90 - 95

Open Date

2024-12-05

Close Date

2024-12-09

IPO Size

₹49.26 Cr

Lot Size

1200 shares

Min Investment

₹1,14,000

Listing Exchange

NSE

Emerald Tyre Manufacturers Ltd IPO Application Timeline

passed
Open Date5 Dec 2024
passed
Close Date9 Dec 2024
passed
Allotment Date10 Dec 2024
passed
Listing Date12 Dec 2024

IPO Subscription Status

IPO subscribed over

🚀 488.516x

This IPO has been subscribed by 559.274x in the retail category and 195.952x in the QIB category.

Subscription Rate

Total Subscription488.516x
Retail Individual Investors559.274x
Qualified Institutional Buyers195.952x
Non Institutional Investors913.025x
NameEmerald Tyre Manufacturers Ltdx

Strengths and Risks

Strengths

Strengths

  • Experienced and dedicated management team.

  • Manufacturing Facility to handle wide range of Off Highway Tyres.

  • Wide product range and customized product offering .

  • Diverse Customer Base.

  • Qualitative Products.


Risks

Risks

  • The companys ability to secure raw materials at favorable prices is subject to market fluctuations. Any increase in raw material costs could significantly impact its sales, profitability, and overall performance.

  • Its business is dependent on a few of the company clients who contribute to significant of its revenues from operations. Any loss of business from them may adversely affect its revenues and profitability.

  • Its operational efficiency is closely linked to the consistent supply of raw materials, sourced from a selected group of suppliers. Any potential interruption in the flow of raw materials from these suppliers could pose challenges to its operations.

  • Significant portions of its revenue hinges upon a selected group of clienteles, and the potential loss of any of these key customers may substantially impact its business operations and profitability.

  • There have been certain lapses and discrepancies and/or typographical errors in Statutory filings. the company cannot assure you that no regulatory action will be initiated against it and that no penalties will be imposed on the company on account of these lapses.

  • Its may not be able to continue investing to increase existing capacities in order to meet the market requirements, capitalize on the new opportunities available or to drive future growth.

  • Inadequate inventory management may pose risks to its business performance, affecting the company sales, profitability, and financial health.

  • Competition may result in the reduction of its market share or margins, either of which could adversely affect its business or results of operations.

  • The fund requirement and deployment are based on internal management estimates and have not been appraised by any bank or financial institution. These are based on current conditions and are subject to change in light of changes in external circumstances or costs, other financial conditions, business or strategy.

  • Company may be not be able to procure Equipment at costs as specified in Objects to Offer Chapter.

How to Apply for Emerald Tyre Manufacturers Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Emerald Tyre Manufacturers Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Emerald Tyre Manufacturers Ltd

Our Company is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders etc. Our Company being incorporated in the year 2002, has a presence in the Domestic market as well as Global market for more than two decades. Pursuant to the strong market position in off highway tyre manufacturing industry, our manufacturing unit is operational at Plot No.79 & 80, EPIP Zone SIPCOT Industrial Complex Gummudipoondi, Tiruvallur District Tamil Nadu 601201 spread over 10.05 acres. We have an installed production capacity of 3522 MTof tyres, tubes and wheels (Not annualised). On the date of this Red Herring Prospectus, our product range covers a wide range of off highway tyres. Our Company has the flexibility in our manufacturing facility to address market requirements.

Frequently Asked Questions of Emerald Tyre Manufacturers Ltd IPO

What is the size of the Emerald Tyre Manufacturers Ltd IPO?

The size of the Emerald Tyre Manufacturers Ltd IPO is ₹49.26 Cr.

What is the allotment date of the Emerald Tyre Manufacturers Ltd IPO?

Emerald Tyre Manufacturers Ltd IPO allotment date is Dec 10, 2024 (tentative).

What are the open and close dates of the Emerald Tyre Manufacturers Ltd IPO?

The Emerald Tyre Manufacturers Ltd IPO will open on Dec 5, 2024 and close on Dec 9, 2024

What is the lot size of Emerald Tyre Manufacturers Ltd IPO?

The lot size for the Emerald Tyre Manufacturers Ltd IPO is 1200.

When will my Emerald Tyre Manufacturers Ltd IPO order be placed?

Your Emerald Tyre Manufacturers Ltd IPO order will be placed on Dec 5, 2024

Can we invest in Emerald Tyre Manufacturers Ltd IPO?

Yes, once Emerald Tyre Manufacturers Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Emerald Tyre Manufacturers Ltd IPO?

The potential listing gains on the Emerald Tyre Manufacturers Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Emerald Tyre Manufacturers Ltd IPO?

'Pre-apply' for Emerald Tyre Manufacturers Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.