Emerald Tyre Manufacturers Limited
ListedSMEAutomotive & Auto Components · NSE
Emerald Tyre Manufacturers Limited, incorporated in 2002, specializes in manufacturing and servicing a wide range of tyres under the brand "GRECKSTER," including Solid Resilient Tyres, Press Bands, Industrial Pneumatic Tyres, Butyl Tubes & Flaps, and Wheel Rims. The company exports its products to markets such as the USA, UAE, Russia, and European countries including Belgium, Germany, and Italy, supported by warehouses in Belgium, the UAE, and the USA for timely delivery and superior customer service. As of March 31, 2024, Emerald Tyre employs 224 permanent and 191 contractual staff, continuing to expand its footprint across Europe, the Middle East, and North America.
Price Band
₹90 – ₹95
Issue Size
₹49.26 Cr
Lot Size
1200 shares
GMP
₹85
+89.5%
Est. Listing
₹180
at current GMP
Subscribed
531.35x
overall
Open
5 Dec 2024
Close
9 Dec 2024
Allotment
10 Dec 2024
Refund
11 Dec 2024
Demat Credit
12 Dec 2024
Listing
12 Dec 2024
Last updated 12 months ago
Official Registrar Verification
Emerald Tyre Manufacturers Limited Allotment Status
Designated Registrar: Ms Shanthi Gopalkrishnan
Allotment Date
10 Dec 2024
Basis finalization
Refunds Initiate
11 Dec 2024
Mandate release
Demat Credit
12 Dec 2024
Shares in demat
Listing Debut
12 Dec 2024
Trading begins
How to Check Emerald Tyre Manufacturers Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Ms Shanthi Gopalkrishnan's allotment portal.
- Select Emerald Tyre Manufacturers Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Emerald Tyre Manufacturers Limited Public Issue & Market Profile
Emerald Tyre Manufacturers Limited is bringing an initial public offering (IPO) in the Automotive & Auto Components sector with an aggregate issue size of ₹49.26 Crores. The shares are offered at a price band of ₹90 to ₹95 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,14,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Ms Shanthi Gopalkrishnan. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-12-12, while un-allotted funds or UPI block mandates will be released on 2024-12-11.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.