31 Mar 2022
Assets135.56
Total Income134.70
Profit After Tax4.85
NET Worth28.97
Reserves and Surplus22.41
Total Borrowing75.05
At a glance
Updated 2026-08-24The shares listed at ₹180.50, a 90.00% move from the issue price. Emerald Tyre Manufacturers is a SME IPO with an issue size of ₹49.26 crore, proposed for listing on NSE SME. The offer opens on 5th Dec 2024 and closes on 9th Dec 2024. The issue structure includes a fresh issue of ₹44.52 crore and an offer-for-sale component of ₹1.89 crore. The current listing schedule points to 12th Dec 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹49.26 Cr
Fresh issue₹44.52 Cr
Offer for sale₹1.89 Cr
Face value₹10
Price band₹90.00–₹95.00
Allotment10th Dec 2024
Listing12th Dec 2024
Listing performance
Full performance ↗Issue price₹95.00
Listing price₹180.50
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹85.00
GMP / upper price89.47%
Est. listing₹180.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens5th Dec 2024
Closes9th Dec 2024
Allotment10th Dec 2024
Refund10th Dec 2024
Demat11th Dec 2024
Listing12th Dec 2024
Subscription demand
Full bidding ↗Total530.59×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹114,000 |
Company
Incorporated2002
Use of proceeds
| Object | Amount |
|---|---|
| To meet out the Capital Expenditure; | ₹36.33 Cr |
| To meet General Corporate Purposes; and | ₹8.51 Cr |
Financials
Full financials ↗31 Mar 2023
Assets149.77
Total Income167.98
Profit After Tax8.93
NET Worth36.99
Reserves and Surplus30.43
Total Borrowing84.66
31 Mar 2024
Assets173.94
Total Income171.97
Profit After Tax12.14
NET Worth53.98
Reserves and Surplus39.49
Total Borrowing87.18
31 Jul 2024
Assets181.90
Total Income64.93
Profit After Tax4.14
NET Worth58.14
Reserves and Surplus43.65
Total Borrowing87.50
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 15.84% |
| Debt / Equity | 1.61% |
| RoNW | 22.63% |
| PAT Margin | 7.16% |
| Price to Book Value | 2.55 |
Valuation & shareholding
Pre-IPO EPS8.44
Post-IPO EPS6.28
Pre-IPO P/E11.25
Post-IPO P/E15.12
Promoter holding pre67.62%
Promoter holding post50.31%
Market cap₹185.03 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Offer Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹2.00 Cr |
| Advertising and Marketing Expenses | ₹0.08 Cr |
| Fees Payable to stock Exchange | ₹0.08 Cr |
| Printing & Stationery, Distribution, Postage, etc | ₹0.05 Cr |
| Brokerage and Selling Commission | ₹0.25 Cr |
| Other Miscellaneous Expenses | ₹0.08 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.