Emerald Tyre Manufacturers Limited - IPO
SMEEmerald Tyre Manufacturers Stock Price
Emerald Tyre Manufacturers IPO Details
Emerald Tyre Manufacturers IPO Subscription
Emerald Tyre Manufacturers IPO Application Wise Breakup
Emerald Tyre Manufacturers IPO Dates
- 05 Dec 2024Opening dateOPD
- 09 Dec 2024Closing dateCOD
- 10 Dec 2024Basis of AllotmentBOA
- 11 Dec 2024Initiation of RefundsIOR
- 11 Dec 2024Credit of SharesCOS
- 12 Dec 2024Listing dateLID
Emerald Tyre Manufacturers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1200 | ₹114,000 |
| Retain Maximum | 1 | 1200 | ₹114,000 |
| HNI Minimum | 2 | 2400 | ₹228,000 |
Emerald Tyre Manufacturers IPO Reservation
Promoter Holding
Emerald Tyre Manufacturers IPO Valuations
Emerald Tyre Manufacturers Limited Financial Information
Emerald tyre Manufacturers Limited's revenue increased by 2.37% and profit after tax (PAT) rose by 37.04% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 17,398.59 | 14,976.86 | 13,556.09 |
| Revenue | 17,196.84 | 16,798.10 | 13,469.67 |
| Profit After Tax | 1,223.57 | 892.85 | 484.62 |
| Net Worth | 5,406.85 | 3,698.84 | 2,897.44 |
| Total Borrowing | 8,718.28 | 8,466.40 | 7,504.59 |
| Amount in ₹ Lakhs | |||
About Emerald Tyre Manufacturers IPO
Incorporated in 2002. Emerald Tyre Manufacturers Limited specializes in manufacturing, supplying, and servicing a wide range of tyres. The company offers its products under the brand name "GRECKSTER". Emerald Tyre Manufacturers Limited's products are Solid Resilient Tyres, Press bands, Industrial Penumatic Tyres & Butyl Tubes & Flaps and Wheel Rims.
The company's products are being exported to global markets including, the USA, UAE, Russia, and major European Countries like Belgium, Germany, Netherlands, Hungry, Portugal, Italy, Denmark Poland besides the UK. The company also has warehouses located in Belgium, UAE and the USA providing on-time delivery of products and value-added services to customers across Europe, the Middle East and now in North America.
Competitive Strength:
- Experienced and dedicated management team
- Manufacturing Facility to handle a wide range of off Highway Tyres
- Wide product range and customized product offering
- Diverse Customer Base
- Qualitative Products
Strategy:
The company offers comprehensive, customized solutions for material handling applications that ensure efficiency, reliability and optimal performance in various industries. The customer-centric approach offers cost-effective, application-specific products supported by R&D-driven innovation. Sustainability, product development and customer satisfaction are paramount to maintaining competitiveness in the market.
The vision of the company is to be a reliable provider of off-highway tyre solutions with a global and dominant Indian presence, focused on the needs of its customers. The company's mission is customer-centric and focuses on innovation, excellence and building long-term relationships for growth.
Strength Of Emerald Tyre Manufacturers IPO
1. Experienced and dedicated management team.
2. Manufacturing Facility to handle wide range of Off Highway Tyres.
3. Wide product range and customized product offering .
4. Diverse Customer Base.
5. Qualitative Products.
Risk Of Emerald Tyre Manufacturers IPO
1. The company's ability to secure raw materials at favorable prices is subject to market fluctuations. Any increase in raw material costs could significantly impact its sales, profitability, and overall performance.
2. Its business is dependent on a few of the company clients who contribute to significant of its revenues from operations. Any loss of business from them may adversely affect its revenues and profitability.
3. Its operational efficiency is closely linked to the consistent supply of raw materials, sourced from a selected group of suppliers. Any potential interruption in the flow of raw materials from these suppliers could pose challenges to its operations.
4. Significant portions of its revenue hinges upon a selected group of clienteles, and the potential loss of any of these key customers may substantially impact its business operations and profitability.
5. There have been certain lapses and discrepancies and/or typographical errors in Statutory filings. the company cannot assure you that no regulatory action will be initiated against it and that no penalties will be imposed on the company on account of these lapses.
6. Its may not be able to continue investing to increase existing capacities in order to meet the market requirements, capitalize on the new opportunities available or to drive future growth.
7. Inadequate inventory management may pose risks to its business performance, affecting the company sales, profitability, and financial health.
8. Competition may result in the reduction of its market share or margins, either of which could adversely affect its business or results of operations.
9. The fund requirement and deployment are based on internal management estimates and have not been appraised by any bank or financial institution. These are based on current conditions and are subject to change in light of changes in external circumstances or costs, other financial conditions, business or strategy.
10. Company may be not be able to procure Equipment at costs as specified in "Objects to Offer" Chapter.
Objectives Emerald Tyre Manufacturers IPO
- To meet the Capital Expenditure
- To meet General Corporate Purposes
- To meet Offer Expenses
Company Contact Details
Emerald Tyre Manufacturers Limited
Emerald House, Plot No.2
Second Street, Porur Gardens, Phase-I,
Vanagaram, Tiruvallur, Poonamallee, 600095
Phone: 9043063194
Email: cosec@emeraldtyres.com
Website: https://emeraldtyres.com/about-emerald/
Registrar Contact Details
Lead Mangers
GYR Capital Advisors Private Limited
Market Maker
Giriraj Stock Broking