Emerald Tyre Manufacturers IPO

Emerald Tyre Manufacturers Ltd

₹1,08,000 /1200 sharesMinimum Investment

Emerald Tyre Manufacturers IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
5 Dec ‘24 - 9 Dec ‘24₹1,08,0001,200₹90 - ₹95
Issue SizeIPO Doc
49.26Cr
RHP PDF

Subscription rate

As of 09 Dec'24, 05:00 PM
Qualified Institutional Buyers172.98402948403x
Non-Institutional Investor810.198036006547x
Retail Individual Investor501.147265077139x
Total435.496936472106x

About Emerald Tyre Manufacturers

Emerald Tyre Manufacturers produces and supplies a range of tyres designed for material handling applications and provides services for them. The company’s products are used on equipment such as forklifts, skid loaders, airport ground support vehicles, port trailers, agricultural implements, lawn and garden mowers, mining machinery, aerial work platforms, and backhoe loaders.;
Founded in
2002
Managing director
Mr. Chandhrasekharan Thirupathi Venkatachalam
Parent organisation
Emerald Tyre Manufacturers Ltd

Strengths & Financials of Emerald Tyre Manufacturers

Strengths
Risks
Emerald Tyre Manufacturers has an annual production capacity of 10,560 metric tonnes of tyres, tubes, and wheels.
The company claims that the manufacturing facility it operates is capable of producing a diverse range of off-highway tyres under one roof. By managing the entire production process, from raw materials to finished products, the company states that it ensures strict quality control and adherence to global standards.
The company’s products are exported to international markets, including the USA, UAE, Russia, and several European countries such as Belgium, Germany, the Netherlands, Hungary, Portugal, Italy, Denmark, Poland, and the UK.
Emerald Tyre Manufacturers is ISO 9001:2015 for quality management systems and ISO 14001:2015 for environmental management systems. Additionally, the company complies with the European Union's REACH standards.
The company has observed a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 133.64 crore in FY22 to Rs 163.94 crore in FY23 to Rs 170.99 crore in FY24, while PAT increased from Rs 4.85 crore in FY22 to Rs 8.93 crore in FY23 to Rs 12.23 crore in FY24.

Emerald Tyre Manufacturers Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Emerald Tyre Manufacturers IPO

Apply asPrice bandApply upto
Regular90 - 95₹2 Lakh
High Networth Individual90 - 95₹2 - 5 Lakh
For Emerald Tyre Manufacturers IPO, eligible investors can apply as Regular.
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