Emerald Tyre Manufacturers Limited

Price
₹90 - ₹95
Lot
1200
Subs.
N/A
Expected Listing Earning

Exp. Premium(GMP):
64.60(68.00%)
IPO Details

Open Date: 05-Dec-2024
Close Date: 09-Dec-2024
Allotment Date: 10-Dec-2024
Listing Date: 12-Dec-2024
Listing Price: N/A
Face Value: ₹₹10 per share Per Equity Share
Issue Price: ₹₹90 to ₹95 per share Per Equity Share
Issue Size: 5,185,200 shares (aggregating up to ₹49.26 Cr)
Market Lot (Min Amount): 1200 share (₹1,14,000/-)
Valuations

Earning Per Share(EPS)₹8.44/-
P/E RatioN/A
RoNW22.63%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,202417,393.6017,196.841,214.32
31 Mar,202314,976.8616,798.1013,469.67
31 Mar,202213,556.0913,469.67484.62
Promoter(s)

Pre Issue Share Holding67.62%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Chandhrasekharan Trirupathi Venkatachalam
Issue Objective(s)

  1. To meet the Capital Expenditure
  2. To meet General Corporate Purposes
  3. To meet Offer Expenses
About Company

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.

Competitive Strength:

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