Emerald Tyre Manufacturers IPO: Comprehensive Review
Emerald Tyre Manufacturers Limited, a prominent player in the tyre manufacturing sector, is set to launch its IPO. With its robust product portfolio and global presence, this SME IPO has garnered significant attention from retail and institutional investors. This article delves into the details of the Emerald Tyre Manufacturers IPO, covering its price band, dates, allotment, and competitive advantages.
Emerald Tyre Manufacturers IPO Review
Emerald Tyre Manufacturers Limited is a recognised name in the tyre manufacturing industry, offering products under the brand name “GRECKSTER.” Its IPO opens up investment opportunities for those seeking to diversify their portfolios with SME stocks. Here’s a detailed analysis:
Key Highlights
- Product Portfolio: Specializes in solid, resilient, industrial pneumatic tyres and other products.
- Global Reach: Strong export presence in markets like the USA, UAE, and Europe.
- Strong Financials: Revenue and profit have consistently grown, with PAT increasing by 36% from FY 2023 to FY 2024.
- Diverse Customer Base: The company caters to various industries, ensuring revenue stability.
Emerald Tyre Manufacturers IPO Details
| Aspect | Details |
| IPO Date | December 5, 2024 – December 9, 2024 |
| Price Band | ₹90 to ₹95 per share |
| Lot Size | 1,200 shares |
| Total Issue Size | ₹49.26 crore |
| Fresh Issue | ₹47.37 crore |
| Offer for Sale (OFS) | ₹1.89 crore |
| Listing Exchange | NSE SME |
IPO Timeline
| Event | Date |
| Opening Date | December 5, 2024 |
| Closing Date | December 9, 2024 |
| Allotment Finalization | December 10, 2024 |
| Refunds Initiated | December 10, 2024 |
| Demat Credit | December 11, 2024 |
| Listing Date | December 12, 2024 |
Emerald Tyre Manufacturers IPO Price and Lot Size
- Price Band: ₹90 to ₹95 per share
- Minimum Investment (Retail): ₹114,000 (1 lot = 1,200 shares)
- HNI Minimum Investment: ₹228,000 (2 lots = 2,400 shares)
Emerald Tyres Share Price: Competitive Strengths
- Experienced Leadership: Backed by a seasoned management team with decades of experience.
- Advanced Manufacturing Facility: Equipped to produce a wide range of tyres catering to various industries.
- Wide Product Range: Offers customized solutions to meet diverse customer needs.
- Global Warehousing: Strategic warehouses in Belgium, UAE, and the USA ensure timely delivery.
Financial Insights: Emerald Tyre Manufacturers Limited
Emerald Tyre Manufacturers has demonstrated impressive growth over the years.
| Metric | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Revenue | ₹6,492.75 Lakh | ₹17,196.84 Lakh | ₹16,798.10 Lakh |
| PAT | ₹413.64 Lakh | ₹1,214.32 Lakh | ₹892.85 Lakh |
| Net Worth | ₹5,813.80 Lakh | ₹5,397.59 Lakh | ₹3,698.84 Lakh |
Why Invest in Emerald Tyre Manufacturers IPO?
- Strong Market Presence: Emerald Tyre Manufacturers is poised for growth with a diversified customer base and global footprint.
- Steady Financial Growth: The company has consistently improved revenues and profitability.
- Industry Potential: As industrial sectors expand, the demand for high-quality tyres grows.
FAQs on Emerald Tyre Manufacturers IPO
1. What is the Emerald Tyre Manufacturer IPO date?
The IPO opens on December 5, 2024, and closes on December 9, 2024.
2. What is the price band for the Emerald Tyre Manufacturers IPO?
The price band is set between ₹90 and ₹95 per share.
3. What is the lot size for this IPO?
Investors can bid for a minimum of 1,200 shares per lot.
4. Where will Emerald Tyre Manufacturers Limited list its shares?
The shares will be listed on NSE SME.
5. What are the key strengths of Emerald Tyre Manufacturers Limited?
Key strengths include an experienced management team, a diverse product range, and a global customer base.
Invest in the Emerald Tyre Manufacturers IPO to tap into the growth potential of an established player in the tyre manufacturing industry. Stay updated with the latest IPO news on Tap Invest’s.
