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Bidding Date
05-Dec-2024 to
09-Dec-2024
Issue Size
₹49.26 Cr
Price Band
₹90 to ₹95
Allotment date
10-Dec-2024
Listing date
12-Dec-2024
Lot size
1200
No. of shares
51,85,200
Fresh issue/OFS
₹47.37 Cr/₹1.89 Cr
Emerald Tyre Manufacturers Limited specializes in the manufacturing, supplying, and servicing of a wide range of tyres, tubes, and wheels designed for material handling applications across various industries. These industries include forklifts, skid loaders, airport ground support equipment, port trailers, agricultural implements, lawn and garden mowers, mining equipment, backhoe loaders, and more. The company has been operational for over two decades, with a strong presence both in the domestic market and globally under the brand name "GRECKSTER." The company's manufacturing facility is located in Tamil Nadu, spread across 10 acres with an installed production capacity of 10,560 MT of tyres, tubes, and wheels. The company produces a comprehensive range of off-highway tyres to meet varied market requirements, including solid tyres, industrial pneumatic tyres, press-on bands, and wheel rims.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
487.6x
| Name | Price Band (Rs) | Bidding Date |
|---|---|---|
| Oswal Pumps | 584 - 614 | 13-Jun-2025 to 17-Jun-2025 |
| Aten Papers & Foam | 91 - 96 | 13-Jun-2025 to 17-Jun-2025 |
| Monolithisch India | 135 - 143 | 12-Jun-2025 to 16-Jun-2025 |
| Mayasheel Ventures | 44 - 47 | 20-Jun-2025 to 24-Jun-2025 |
The issue size of Emerald Tyre Manufacturers Ltd is ₹49.26 Cr.
Emerald Tyre Manufacturers Ltd falls into Auto Ancillaries industry.
The Emerald Tyre Manufacturers Ltd IPO will be listed on BSE.
The open and close dates for the Emerald Tyre Manufacturers Ltd are 05-Dec-2024 & 09-Dec-2024.
The price band for the Emerald Tyre Manufacturers Ltd ipo is ₹90 to ₹95
The listing date of Emerald Tyre Manufacturers Ltd IPO is 12-Dec-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Emerald Tyre Manufacturers Ltd total subscription ratio is 487.6X.
Key financial of the Emerald Tyre Manufacturers Ltd are:
| Emerald Tyre Manufacturers Ltd | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 170.99 | 163.94 | 133.64 |
| EBIT (₹ Cr) | 24.56 | 16.83 | 12.21 |
| Proft after Tax (₹ Cr) | 12.14 | 8.93 | 4.85 |
| Debt (₹ Cr) | 87.18 | 84.66 | 75.05 |
| Net Worth (₹ Cr) | 53.98 | 36.99 | 28.97 |
| RoE (%) | 22.49 | 24.14 | 16.74 |
