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Emerald Tyre Manufacturers IPO Day 3: Check GMP, Price Band, Allotment Dates Here

News by Aliceblue News Desk

09 Dec 2024

Emerald Tyre Manufacturers IPO Day 3: Check GMP, Price Band, Allotment Dates Here

Emerald Tyre Manufacturers Limited IPO Allotment Status 

The allotment date for the Emerald Tyre Manufacturers Limited IPO is set for December 10, 2024, with shares priced at a range from ₹90 to ₹95 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

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Emerald Tyre Manufacturers Limited IPO Allotment Status Check 

To ascertain their allocation status for the Emerald Tyre Manufacturers Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Link Intime India Private Ltd Link.

IPO Allotment Status BSE 

Here are steps to check Emerald Tyre Manufacturers Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Emerald Tyre Manufacturers Limited from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Step 1: Visit IPO registrar website – Link Intime India Private Ltd

Step 2: Select ‘Emerald Tyre Manufacturers Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Emerald Tyre Manufacturers Limited IPO allotment status will be reflected on the screen.

Emerald Tyre Manufacturers Limited IPO GMP Today

Emerald Tyre Manufacturers Limited IPO GMP (Grey Market Premium) is ₹75 as of December 9, 2024.

Emerald Tyre Manufacturers Limited IPO Subscription Status

Emerald Tyre Manufacturers Ltd IPO has been oversubscribed by 102.71 times on Day 2, reflecting strong investor demand. The impressive subscription rate highlights the market’s confidence in the company’s growth prospects and the appeal of its offering, indicating high investor interest in the public issue.

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Emerald Tyre Manufacturers Limited IPO Details

Emerald Tyre Manufacturers IPO is a book-built issue of ₹49.26 crores, consisting of a fresh issue of ₹47.37 crores and an offer for sale of ₹1.89 crores. The price band is ₹90 to ₹95 per share. The issue is open from December 5 to December 9, 2024, with listing on NSE SME expected on December 12, 2024.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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