Emerald Tyre Manufacturers Limited IPO has ₹0 Grey Market Premium as of November 29, 2024, with a price range of ₹90 to ₹95 per share. Offering lots of 1200 shares, the subscription window is open from December 5 to December 9, 2024.
Emerald Tyre Manufacturers Limited IPO GMP Today
The Grey Market Premium (GMP) for Emerald Tyre Manufacturers Limited is ₹0 as of November 29, 2024. This assessment coincides with a price of ₹90 to ₹95 per share for the IPO.
Emerald Tyre Manufacturers Limited IPO Review
As of 31 March 2024, the company reported total assets of ₹17,398.59 crores, with a revenue of ₹17,196.84 crores. Profit After Tax (PAT) for the period stood at ₹1,223.57 crores, reflecting significant growth compared to previous years, underscoring its strong financial performance.
The company’s net worth reached ₹5,406.85 crores, a substantial increase from ₹3,698.84 crores in the previous year. Total borrowings amounted to ₹8,718.28 crores, reflecting a slight rise from ₹8,466.40 crores in 2023, while maintaining a healthy balance sheet with robust profitability and growth.
To get a full IPO review, click here Emerald Tyre Manufacturers IPO
Emerald Tyre Manufacturers Limited IPO Date
Emerald Tyre Manufacturers Limited will start accepting subscriptions from December 5 to December 9, 2024.
Emerald Tyre Manufacturers Limited IPO Price
Emerald Tyre Manufacturers Limited’s price range is at ₹90 to ₹95 per share with a face value of ₹10 each.
Emerald Tyre Manufacturers Limited
Founded in 2002, Emerald Tyre Manufacturers Ltd. specializes in producing and supplying a wide range of tyres under the “GRECKSTER” brand. Their product offerings include Solid Resilient Tyres, Industrial Pneumatic Tyres, Press Bands, Butyl Tubes, Flaps, and Wheel Rims. The company exports to global markets such as the USA, UAE, Russia, and key European countries, with warehouses in Belgium, UAE, and the USA.
How To Apply For Emerald Tyre Manufacturers Limited IPO?
To apply for the Emerald Tyre Manufacturers Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Emerald Tyre Manufacturers Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Emerald Tyre Manufacturers Limited IPO at Alice Blue in just a few clicks!
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.