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Emerald Tyre Manufacturers Limited SME IPO
Issue Size (Net)
up to Rs.49.26 Cr
Price Band
Rs.90 to Rs.95 per share
Issue Opens
December 5, 2024
Issue Closes
December 9, 2024

Company Highlights

1.Company Information

Incorporated in 2002, Emerald Tyre Manufacturers specializes in manufacturing, supplying, and servicing a wide range of tyres. The company offers its products under the brand name "GRECKSTER". Emerald Tyre Manufacturers products are Solid Resilient Tyres, Press bands, Industrial Penumatic Tyres & Butyl Tubes & Flaps and Wheel Rims. The company's products are being exported to global markets including, the USA, UAE, Russia, and major European Countries like Belgium, Germany, Netherlands, Hungry, Portugal, Italy, Denmark Poland besides the UK. The company also has warehouses located in Belgium, UAE and the USA providing on-time delivery of products and value-added services to customers across Europe, the Middle East and now in North America. As of March 31 2024, The company had 224 permanent and 191 contractual employees.

2. Objects of the Issue

The Company proposes to utilize the funds which are being raised towards funding the following objects:
1. To meet the Capital Expenditure
2. To meet General Corporate Purposes
3. To meet Offer Expenses

3.Emerald Tyre Manufacturers Limited SME IPO Registrar
Link Intime India Private Ltd

Phone: + 91-22-4918 6270
Email: emerald.ipo@linkintime.co.in
Website: https://linkintime.co.in

Emerald Tyre Manufacturers Limited SME IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-July-24
18190.29
6492.75
413.64
5813.80
4364.75
8750.18
31-Mar-24
17393.60
17196.84
1214.32
5397.59
3948.54
8718.28
31-Mar-23
14976.86
16798.1
892.85
3698.84
3042.79
8466.40
Amount in Rs. Lakhs

Emerald Tyre Manufacturers Limited SME IPO Details

Issue Opening Date
December 5, 2024
Issue Closing Date
December 9, 2024
Face Value
Rs.10 per share
Price
Rs.90 to Rs.95 per share
Lot Size
1200 Shares
Issue Size
5,185,200 shares(aggregating up to Rs.49.26 Cr)
Fresh Issue
4,986,000 shares(aggregating up to Rs.47.37 Cr)
Offer for Sale
199,200 shares of Rs.10(aggregating up to Rs.1.89 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share holding pre issue
1,44,90,512
Share holding post issue
1,94,76,512
Market Maker portion
300,000 shares

Emerald Tyre Manufacturers Limited SME IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Thursday, December 5, 2024
Closing Date
Monday, December 9, 2024
Basis of Allotment
Tuesday, December 10, 2024
Initiation of Refunds
Tuesday, December 10, 2024
Credit of Shares to Demat
Wednesday, December 11, 2024
Listing Date
Thursday, December 12, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 9, 2024

Prospectus

Prospectus File

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ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
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Customer Care
+91 9350316010

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