Emerald Tyre IPO Allotment Status

Summary

Emerald Tyre Manufacturers IPO has closed with an exceptional response from investors, achieving a remarkable final subscription of 530.59 times by 9th December 2024 at 5:28:00 PM (Day 3). The public issue demonstrated overwhelming investor interest across categories, with the Non-Institutional Investors (NII) segment leading the momentum. The NII category showed extraordinary enthusiasm with 912.17 times subscription, reflecting unprecedented investor confidence. The Retail category displayed strong interest with 558.11 times subscription, while the QIB portion was subscribed 195.95 times. The Market Maker and Anchor Investors portions were fully subscribed. This book built SME issue has attracted a total of 8,56,444 applications, indicating exceptional market interest in the company's tyre manufacturing business.

How to Check Emerald Tyre Manufacturers IPO Allotment Status:

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How to Check Emerald Tyre Manufacturers IPO Allotment Status on the Registrar's Site?

1. Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/public-issues.html)
2. From the dropdown menu, select Emerald Tyre Manufacturers IPO
3. Choose one of the following modes: PAN ID, Demat Account number, or Application number
4. Enter the information relevant to the mode you have chosen
5. For security purposes, fill out the captcha accurately
6. Click "Submit"

How to Check Emerald Tyre Manufacturers IPO Allotment Status on NSE SME:

1. Visit the NSE SME website (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)
2. Look for the IPO Allotment Status section
3. Select "Emerald Tyre Manufacturers Limited" from the dropdown menu
4. Enter your application number and PAN ID
5. Click on 'I am not a robot' and then click "Search"
 

How to Check IPO Allotment Status in a Bank Account:

1. Log into your Internet Banking: Go to your bank's website or mobile app and log in
2. Explore IPO Section: Locate the "IPO Services" or "Application Status" sections
3. Offer Required Information: Provide information like your PAN, application number, or other identifiers
4. Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear
5. Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resource

How to Check IPO Allotment Status in a Demat Account:

1. Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP)
2. Find IPO Section: Look for the section titled "IPO" or "Portfolio"
3. Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account
4. Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation
5. Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service

Emerald Tyre IPO Timeline:

Emerald Tyre Manufacturers IPO Subscription Status 

Emerald Tyre IPO received 530.59 times subscriptions with 8,56,444 applications. By 9th December 2024 at 5:28:00 PM (Day 3), the detailed subscription status revealed a clear pattern of growing investor confidence:

Subscription Day 3 (as of 5:28:00 PM on December 9, 2024)

Total Subscription: 530.59 times
QIB: 195.95 times 
NII: 912.17 times 
Retail investors: 558.11 times 
 

Subscription Day 2 (December 6, 2024)

Total Subscription: 114.84 times
QIB: 0.63 times
NII: 137.27 times
Retail investors: 170.43 times

Subscription Day 1 (December 5, 2024)

Total Subscription: 44.51 times
QIB: 0.52 times
NII: 43.42 times
Retail investors: 70.09 time

Emerald Tyre IPO Details 

Emerald Tyre Manufacturers' initial public offering (IPO) is a book built issue of ₹49.26 crores. This offering consists of a fresh issue of 49.86 lakh shares aggregating to ₹47.37 crores and an offer for sale of 1.99 lakh shares aggregating to ₹1.89 crores.

The bidding process commenced on 5th December 2024 and concluded on 9th December 2024. The allotment results are anticipated to be finalised on 10th December 2024. Furthermore, the shares of Emerald Tyre Manufacturers are set to be listed on NSE SME, with a provisional listing date scheduled for 12th December 2024.

The price band is set at ₹90-95 per share. Investors must apply for a minimum lot size of 1,200 shares, which requires a minimum investment of ₹114,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (2,400 shares), totalling ₹228,000.

GYR Capital Advisors Private Limited serves as the book running lead manager for the IPO, while Link Intime India Private Ltd is designated as the registrar for this offering. Giriraj Stock Broking is the market maker for this offering.