Emerald Tyre Manufacturers IPO

About Emerald Tyre Manufacturers IPO

Emerald Tyre Manufacturers Limited, established in 2002, is a prominent player in the manufacturing, supplying, and servicing of a wide range of tyres for material handling applications. The company specializes in tyres designed for various off-highway equipment, including forklifts, skid loaders, mining machinery, lawn and garden mowers, and airport ground support vehicles, among others. With more than two decades of experience, Emerald Tyre has built a strong reputation both in the domestic and international markets under its trusted brand name "GRECKSTER." Its advanced manufacturing facility, located at Tamil Nadu, spans 10.05 acres and has an impressive installed production capacity of 7040 MT for tyres, tubes, and wheels.

The company’s manufacturing capabilities are highly flexible, allowing it to cater to the evolving demands of the market. Its extensive product range covers a diverse array of off-highway tyres, ensuring that it can meet a variety of industry needs. Emerald Tyre's strategic approach to business, underpinned by a focus on exports and multi-size expansion, has played a key role in its market success. This focus on diversifying products and markets has enabled the company to mitigate risks and stay competitive in an ever-changing global marketplace.

The company has built a strong engineering foundation, ensuring its products maintain the highest standards of quality and reliability. This strategic direction has contributed to the company's robust market position, making it a trusted name in the off-highway tyre industry.

Emerald Tyre's vision is to become a globally recognized leader in the off-highway tyre segment, with a strong presence both in India and across international markets. The company aims to build trust and reliability with its customers by consistently delivering high-quality products and services. Through its customer-centric approach, innovation, and commitment to excellence, Emerald Tyre aims to be among the top five global players in its field. By focusing on customer satisfaction and stakeholder value, the company is poised for continued growth, aiming to solidify its position as a premier choice for off-highway tyre solutions worldwide.

Emerald Tyre Manufacturers Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives

1. To meet out the Capital Expenditure;
2. To meet General Corporate Purposes; and
3. To meet out Offer Expenses.