EMERALD TYRE MANUFACTURERS IPO

331.14x

subscribed

EMERALD TYRE MANUFACTURERS IPO

Tyres & Allied
listed
₹1.08LMin. investment
  1. Pre-apply
    4 Dec
  2. Bid start
    5 Dec
  3. Bid end
    9 Dec
  4. Allotment
    10 Dec
  5. Release of funds
    11 Dec
  6. Demat transfer
    11 Dec
  7. Listing
    12 Dec

About EMERALD TYRE MANUFACTURERS LIMITED

SectorTyres & Allied
Price range₹90.00 – ₹95.00
IPO type
SME
Lot size1200 shares
Issue size₹49Cr
Red Herring Prospectus
Read
Market Cap
₹185.03CrLower than sector avg
RevenueApr NaN - Mar undefined
₹170.9CrLower than sector avg
Growth rate3Y CAGR
8.56%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹170.9Cr
This sector
₹5,370.43Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹12.14Cr
This sector
₹318.56Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹185.03Cr
This sector
₹13,209.35Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
10.99
This sector
31.18
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
1.62
This sector
0.39
Compare with companies

Objectives

Capital Expenditure
The company will utilise around ₹36.33 crore for the capital expenditure.
General corporate purposes
The company will utilize ₹12.93 crore for general corporate purposes.

About EMERALD TYRE MANUFACTURERS LIMITED

Incorporated in 2002, Emerald Tyre Manufacturers manufactures and supplies tyres for various material handling vehicles like forklifts, skid loaders, port trailers and ground support equipment for airports. It has a strong presence in both domestic and international markets under the brand "GRECKSTER." In FY24, the company earned more than 75% of its revenue from export business; the rest is contributed by domestic sales. Its manufacturing unit is in Tamil Nadu, spread across 10.05 acres with a production capacity of 10,560 MT of tyres, tubes and wheels.

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of EMERALD TYRE MANUFACTURERS IPO ?

The issue size of the EMERALD TYRE MANUFACTURERS IPO is 49 Cr.

What is 'pre-apply' for EMERALD TYRE MANUFACTURERS IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will EMERALD TYRE MANUFACTURERS IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.