December 12, 2024
admin
Emerald Tyre IPO GMP grey market premium, review, Subscription, allotment, listing estimate @
Chanakyanipothi.com, a legacy of 31 Years.
India`s Oldest Investment & IPO website.
Most Trusted by Investors across India.
Table of Contents
Emerald Tyre listing Review
Will give detailed review on listing of this IPO
Emerald Tyre IPO allotment Link
For latest GMP, Click
Subscription status of Emerald Tyre IPO
|
Emerald Tyre Manufacturers IPO Price Rs. 95 Lot 1200 shares, Rs. 49.26 Crore |
||||
| QIB | NII x | RII x | Total x | Applications |
| 195.95 | 912.18 | 558.11 | 530.59 | 8,56,447 (600.59x) |
| Amount wise bids recd. Rs. ? Crore | ||||
| Note: | ||||
What is the business of Emerald Tyre?
|
Emerald Tyre IPO Details |
|
| IPO opens on | 5 December 2024 |
| IPO closes on | 9 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5185200 Shares / Rs 49.26 Crore |
| * Fresh Issue | 4986000 Shares / Rs 47.37 Crore |
| * Offer for Sale – | 199200 shares / Rs. 1.89 crore |
| Market Maker Portion | 300000 Shares |
| Net offer to Public | 4885200 Shares/ Rs.46.41 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 90-95 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1200 Shares |
| Listing will at | NSE SME |
Shares offered in IPO |
||
| Shares | Rs. (Crore) | |
| QIB (50%) | 2442600 | 23.20 |
| NII (15%) | 732780 | 6.97 |
| RII (35%) | 1709821 | 16.24 |
| Total Shares | 4885200 | 46.41 |
| Retail portion will be oversubscribed by |
1425 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1200 Shares | Rs.114000 |
| Min HNI Application | 2400 Shares | Rs.228000 |
Who are the Promoters of Emerald Tyre?
Chandhrasekharan Trirupathi Venkatachalam is the Promoter of the Company.
What are the Objects of Emerald Tyre IPO?
The Offer comprises of fresh issue of shares & also offer for sale.
The Company proposes to utilize the funds which are being raised towards funding the following objects:
- To meet the Capital Expenditure
- To meet General Corporate Purposes
- To meet Offer Expenses
Tentative timetable |
|
| IPO opens on | 5 December 2024 |
| IPO Closes on | 9 December 2024 |
| IPO Allotment on | 10 December 2024 |
| Refund Initiation | 11 December 2024 |
| Credit of Shares | 11 December 2024 |
| Listing on | 12 December 2024 |
| Registered Office of the Company Emerald Tyre Manufacturers Limited Emerald House, Plot No.2 Second Street, Porur Gardens, Phase-I, Vanagaram, Tiruvallur, Poonamallee, 600095 |
| Who is the Lead Manager of this IPO? GYR Capital Advisors Private Limited |
|
Who is the Registrar to IPO? |
Emerald Tyre IPO GMP grey market premium, review, Subscription, allotment, listing estimate
|
Emerald Tyre IPO Financial & Analytical Ratios |
||||
| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | 134.70 | 4.85 | – | |
| 2022-23 | 167.98 | 8.93 | – | |
| 2023-24 | 171.96 | 12.24 | 8.44 | 22.63 |
| Book Value of the Share on 31.03.2024 |
Rs | |||
| BV of the Share at cap price after IPO |
Rs. | |||
| Offer Price/upper band | Rs. | 95 | ||
Key Performance
|
|
| Price/EPS of 23-24 | 11.25 |
| Price/BV Ratio | 2.55 |
| Debt/Equity Ratio | 1.61 |
How Emerald Tyre IPO compares with the Peers?
| As on date of RHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Crore | |||
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Emerald Tyre IPO Review
+ from fundamental angle: May Apply
+ from grey market angle: ?
Quicklinks
Emerald Tyre IPO GMP today allotment, review?
Emerald Tyre IPO GMP grey market premium
Emerald Tyre
