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Objective of the Issue
The Company proposes to utilize the funds which are being raised towards funding the following objects:
- To meet the Capital Expenditure.
- To meet General Corporate Purposes.
- To meet Offer Expenses.
IPO Details, Price, Market Lot
| Emerald Tyre Manufacturers SME IPO Details | |
| IPO Open Date | 5 December 2024 |
| IPO Close Date | 9 December 2024 |
| IPO Issue Size | 51,85,200 Shares (Aggregating up to ₹49.26 Cr) |
| Fresh Issue | 49,86,000 Shares (Aggregating up to ₹47.37 Cr) |
| Offer for Sale | 1,99,200 Shares (Aggregating up to ₹1.89 Cr) |
| Retail Portion | Not less than 35.00% of the offer |
| NII Portion | Not less than 15.00% of the offer |
| QIB Portion | Not more than 15.00% of the offer |
| Listing At | NSE SME |
| Emerald Tyre Manufacturers SME IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹90 to ₹95 Per Share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Emerald Tyre Manufacturers SME IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 1200 Shares |
| Minimum Lot Size | 1 Lot (1200 Shares) |
| Minimum Amount (Cut-off price) | ₹1,14,000 |
| Maximum Lot Size | 1 Lot (1200 Shares) |
| Maximum Amount (Cut-off price) | ₹1,14,000 |
| Emerald Tyre Manufacturers SME IPO Market Lot For HNI | |
| No. of Shares Per Lot | 1200 Shares |
| Minimum Lot Size | 2 Lots (2400 Shares) |
| Minimum Amount (Cut-off price) | ₹2,28,000 |
IPO Date, Listing Date, Allotment Date
| Emerald Tyre Manufacturers SME IPO Time Table (Tentative) | |
| IPO Open Date | 5 December 2024 |
| IPO Close Date | 9 December 2024 |
| Basis of Allotment Date | 10 December 2024 |
| Initiation of Refunds | 10 December 2024 |
| Credit of Share to Demat Account | 11 December 2024 |
| IPO Listing Date | 12 December 2024 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 31 July 2024 | 18,190.29 | 6,492.75 | 413.64 | 5,813.80 | 8,750.18 |
| 31 March 2024 | 17,393.60 | 17,196.84 | 1,214.32 | 5,397.59 | 8,718.28 |
| 31 March 2023 | 14,976.86 | 16,798.10 | 892.85 | 3,698.84 | 8,466.40 |
| 31 March 2022 | 13,556.09 | 13,469.67 | 484.62 | 2,897.44 | 7,504.59 |
| Period Ended | 31 July 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 18,190.29 | 17,393.60 | 14,976.86 | 13,556.09 |
| Revenue | 6,492.75 | 17,196.84 | 16,798.10 | 13,469.67 |
| P A T | 413.64 | 1,214.32 | 892.85 | 484.62 |
| Net Worth | 5,813.80 | 5,397.59 | 3,698.84 | 2,897.44 |
| Borrowings | 8,750.18 | 8,718.28 | 8,466.40 | 7,504.59 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 67.62% |
| Post Issue Promotor Holding |
Company Address
Emerald Tyre Manufacturers Limited
Emerald House, Plot No.2 Second Street, Porur Gardens, Phase-I, Vanagaram, Tiruvallur, Poonamallee, 600095
Phone: 9043063194
Email: cosec@emeraldtyres.com
Website: https://emeraldtyres.com/
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
| IPO Registrar |
| Link Intime India Private Ltd |
| IPO Lead Manager |
| GYR Capital Advisors Private Limited |
