IPO Details

Emerald Tyre Manufacturers Ltd
Registered Office: Emerald House Plot # 2 2nd St, Porur Gardens PhaseI Vanagaram, Poonamalle - 600095, Tamil Nadu
Phone: +91 90430 63194
Email: cosec@emeraldtyres.com
Website: www.emeraldtyres.com
Initial public offering 51,85,200 equity shares of Rs. 10/- each ("Equity Shares") of Emerald Tyre Manufacturers Limited ("Emerald" or the "Company") for cash at a price of Rs. 95/- per equity share (the "Offer Price"), aggregating to Rs. 49.26 crores ("The Offer"), comprising a fresh offer of 49,86,000 equity shares aggregating to Rs. 47.37 crores by the company ("Fresh Offer") and an offer for sale of 1,20,000 equity shares by Karthikeyan Swarnam and 79,200 equity shares by S Vijayalakshmi ("The Selling Shareholder") aggregating to Rs. 1.89 crores ("Offer for Sale"). Out of the offer, 3,00,000 equity shares aggregating to Rs. 2.85 crores was reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 48,85,200 equity shares of face value of Rs. 10.00/- each at an offer price of Rs. 95 /- per equity share aggregating to Rs. 46.41 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.62% and 25.08%, respectively of the post offer paid up equity share capital of the company.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
05-Dec-2024	09-Dec-2024	₹ 95.00	₹ 0.00

Projects
Capital expenditure
General corporate purposes

Promoted By
Chandrasekharan Thirupathi Ven
V Thirupathi
T Kannaki

Listing At
NSE - SME

Registrar to the Issue