Emerald Tyre Manufacturers Limited IPO
Emerald Tyre Manufacturers Limited was a SME IPO in the Tyres & Rubber Products sector, offered at ₹90–₹95 per share to raise ₹47 crore. It listed on 12 Dec 2024 at ₹180 and closed its first day at ₹190, a listing gain of +99.5% versus the ₹95 issue price. It now trades around ₹72 (-23.7% versus the issue price).
Frequently asked questions
- What were the Emerald Tyre Manufacturers Limited IPO listing gains?
- Emerald Tyre Manufacturers Limited listed on 12 Dec 2024 at ₹180, closing its first day at ₹190 — a listing gain of +99.5% versus the ₹95 issue price.
- What was the price band and lot size of the Emerald Tyre Manufacturers Limited IPO?
- The price band was ₹90–₹95 per share, with a minimum lot of 1,200 shares (₹1,14,000 at the upper band).
- Who were the registrar and lead manager for the Emerald Tyre Manufacturers Limited IPO?
- Link Intime India Private Limited was the registrar, and GYR Capital Advisors was the book-running lead manager.