Emerald Tyre Manufacturers Limited
LISTEDSME IPO · IPO Guide
Issue Price
₹90 – ₹95
Listed On
12 Dec 2024
Listing Price
₹180.50 (+90.00%)
Current Price LIVE
₹180.50
(+90.00%)
Lot Size Calculator
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,14,000 |
| Retail (Max) | 2 | 2,400 | ₹2,28,000 |
| S-HNI (Min) | 3 | 3,600 | ₹3,42,000 |
| S-HNI (Max) | 8 | 9,600 | ₹9,12,000 |
| B-HNI (Min) | 9 | 10,800 | ₹10,26,000 |
As per financials, Emerald Tyre Manufacturers Limited has shown good results, RoNW is 22.5% and P/E is respectively 20.72, 15.24 and 14.91 as per FY23, FY24 and annualized FY25 earnings. So, issue looks fully priced. Company is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, which is specialised business segment. Performance of BRLM is good post listing. So, we give rating for this IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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