Emerald Tyre IPO description – Established in 2002, Emerald Tyre specializes in manufacturing, supplying, and servicing a comprehensive selection of tires tailored for material handling applications. This includes options for forklifts, skid loaders, airport ground support equipment, port trailers, agricultural implements, lawn and garden mowers, mining machinery, aerial work platforms, and backhoe loaders, among others. The company has established a strong reputation in both domestic and international markets under the brand name “GRECKSTER,” boasting over two decades of experience in the global industry.
The company boasts a strong market position in the off-highway tire manufacturing industry, with its production facility located in Tiruvallur, Tamil Nadu. This facility spans an area of 10.05 acres and houses an installed production capacity of 7,040 metric tons of tires, tubes, and wheels. As of 30 November 2023, Emerald Tyre employed 225 permanent employees and 191 contractual employees.
Emerald Tyre exports its products to various global markets. These include the USA, the UAE, Russia, and major European countries such as Belgium, Germany, the Netherlands, Hungary, Portugal, Italy, Denmark, and Poland. The company’s products are also shipped to the UK.
Promoters of Emerald Tyre Manufacturers – Chandhrasekharan Thirupathi Venkatachalam
Table of Contents
Emerald Tyre IPO Details
| Emerald Tyre IPO Dates | 5 – 9 December 2024 |
| Emerald Tyre Issue Price | INR 90 – 95 per share |
| Fresh issue | 49,86,000 shares (INR 44.87 – 47.37 crore) |
| Offer For Sale | 1,99,200 shares (INR 1.79 – 1.89 crore) |
| Total IPO size | 51,85,200 shares (INR 46.67 – 49.26 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,14,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Emerald Tyre Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 133.64 | 163.94 | 170.99 |
| Expenses | 128.24 | 155.97 | 155.82 |
| Net income | 4.85 | 8.93 | 12.24 |
Emerald Tyre Offer News
- Emerald Tyre Manufacturers RHP
- Emerald Tyre Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Emerald Tyre Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 3.79 | 6.80 | 8.71 |
| PE ratio | – | – | 10.33 – 10.90 |
| RONW (%) | 16.73 | 24.14 | 22.63 |
| NAV | 22.08 | 28.19 | 37.31 |
| ROCE (%) | 9.57 | 14.18 | 15.84 |
| EBITDA (%) | 11.47 | 14.22 | 17.28 |
| Debt/Equity | 2.59 | 2.29 | 1.61 |
Emerald Tyre IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Emerald Tyre IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
Emerald Tyre IPO Allotment Status
Emerald Tyre IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Emerald Tyre IPO Dates & Listing Performance
| IPO Opening Date | 5 December 2024 |
| IPO Closing Date | 9 December 2024 |
| Finalization of Basis of Allotment | 10 December 2024 |
| Initiation of refunds | 11 December 2024 |
| Transfer of shares to demat accounts | 11 December 2024 |
| IPO Listing Date | 12 December 2024 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Emerald Tyre Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 877 756 4648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
Emerald Tyre Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Emerald Tyre Manufacturers IPO Contact Details
EMERALD TYRE MANUFACTURERS LIMITED
Emerald House, Plot No.2, Second Street,
Porur Gardens, Phase-I, Vanagaram, Tiruvallur,
Poonamallee, Tamil Nadu, India, 600095
Phone: +91 9043063194
E-mail: [email protected]
Website: www.emeraldtyres.com
Emerald Tyre Manufacturers IPO FAQs
What is the Emerald Tyre offer size?
Emerald Tyre offer size is INR 46.67 – 49.26 crores.
What is the Emerald Tyre offer price band?
Emerald Tyre public offer price is INR 90 – 95 per share.
What is the lot size of the Emerald Tyre IPO?
Emerald Tyre offer a lot size is 1,200 shares.
What is Emerald Tyre IPO GMP today?
Emerald Tyre IPO GMP today is INR NA per share.
What is the Emerald Tyre kostak rate today?
Emerald Tyre kostak rate today is INR NA per application.
What is Emerald Tyre Subject to the Sauda rate today?
Emerald Tyre is Subject to the Sauda rate today is INR NA per application.
