New Delhi: Emerald Tyre Manufacturers IPO allotment will be finalised on Tuesday, December 10, 2024. The Rs 49.26 crore IPO with a minimum lot size worth Rs 1,14,000 or 1,200 shares carries a price band of Rs 90-95 per share. Emerald Tyres IPO comprises 49.86 lakh freshly issued shares and 1.99 lakh shares under offer for sale. Emerald Tyres IPO will be listed on the NSE SME index on December 12, 2024.
The company specialises in the manufacturing and supply of a range of tyres. Emerald Tyres’ revenues rose 2.37 per cent to Rs 17.916.84 crore in the year ending March 31, 2024. Profit after tax rose 36 per cent during the same period to Rs 1,214.32 crore. Emerald Tyres aims to utilise the IPO proceeds for meeting its capex requirements, general corporate purposes and to meet the expenses related to the IPO.
How to check Emerald Tyre Manufacturers IPO allotment status
Visit the NSE website at https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
Enter your log in details
verify that you are not a robot
Check the column on IPO bid details
From the dropdown select the symbol of the company concerned
Check Pan number
Enter application number
Push ‘get data’
Your allotment status will be shown on your screen
Link Intime, the official registrar on the Emerald tyres IPO also displays the allotment status on its website at:
https://linkintime.co.in/MIPO/Ipoallotment.html
Visit the given link
From the dropdown, select the IPO concerned
Choose a mode to check your allotment status. You can choose from an application number, demat account and PAN ID
Choose between SBA or non-ASBA in the application type section
Enter your details
Verify captcha
Click on ‘submit’
Your allotment status will be shown on the screen
Emerald Tyre Manufacturers IPO subscription status
Emerald Tyres IPo was subscribed 530.39X on the last day of subscription on December 9, 2024. The retail investor segment was subscribed 558.11 times while non-institutional investors’ share of the IPO was subscribed 912.18X. Qualified institutional buyers’ share of the IPO was subscribed 195.95X, according to exchange data.
Emerald Tyres IPO GMP
Emerald Tyres IPO GMP stood at Rs 95 apiece on Tuesday, December 10, 2024, indicating a listing price of Rs 190 apiece, or a 100 per cent premium over the IPO price of Rs 95 per share, according to Investorgain. Emerald Tyres’ IPO GMp has gained from Rs 50 apiece on December 2, 2024, to Rs 95 per share on December 10, 2024. GMP or grey market premium is the excess amount of money that an individual is willing to pay in order to acquire one share of a company.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Emerald Tyres IPO allotment will be finalised on Tuesday, December 10,2 2024. Investors can check their allotment status on the NSE website or the domain of IPO registrar Link Intime. Know Emerald Tyres IPO GMP, subscription status and more. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
