Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Emerald Tyre Manufac IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 2002 Industry: Tyres & Allied Listed Page

Profile
Issue Size --
Profile
Price Range 90  to  95 per share
Profile
Min Investment ₹95
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

**Emerald Tyre Manufacturers Limited** is a company specializing in the production and supply of high-quality tyres for a variety of vehicles, including passenger cars, commercial trucks, and industrial machinery. Known for its commitment to innovation and quality, the company focuses on using advanced manufacturing techniques and durable materials to produce tyres that offer superior performance, safety, and longevity. Emerald Tyre Manufacturers serves both domestic and international markets, aiming to meet the diverse needs of customers in the automotive and transportation sectors. The company emphasizes sustainability and environmental responsibility, incorporating eco-friendly practices in its production processes. With a reputation for reliability and performance, Emerald Tyre Manufacturers strives to maintain a competitive edge in the highly dynamic tyre industry by continuously evolving its product offerings and enhancing customer satisfaction. Read More

Basic Info

Face Value 10 per share

Price 90  to  95 per share

P/E (x) 17.6

Sales( Cr.) 199

PAT( Cr.) 10

EPS 5.4

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Chandhrasekharan Trirupathi Venkatachalam.

Pre Issue Share Holding 67.62%

Post Issue Share Holding --%

Listing Details:

Listing Price: 180.5

Listing Gain: 47.37%

Current Price: 80.5

Gain On Issue: 80.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 05, 2024
Closing Date Dec 09, 2024
Allotment Dec 10, 2024
Refund Dec 11, 2024
Delivery of Shares Dec 11, 2024
Listing Date Dec 12, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 114,000
Retail (Max) 1 1200 114,000
S-HNI (Min) 2 2400 228,000
S-HNI (Max) 8 9600 912,000
B-HNI (Min) 9 10800 1,026,000

Objective of the Issue

1. To meet the Capital Expenditure. 2. To meet General Corporate Purposes. 3. To meet Offer Expenses.

Issue

Category Nos Bid Bid (x)
QIB 2592600 508019970 196x
NII 1814820 1655442508 912.2x
Retail 777780 434086796 558.1x
EMP 0 0 0x
Total 5185200 2751215268 530.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Emerald Tyre Manufac Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 87 134 164 171 199
Other Income 1 1 4 1 3
Total Income 88 135 168 172 203
Total Expenditure 80 118 143 142 173
Operating Profit 8 17 25 30 30
Interest 7 7 9 9 10
Depreciation 4 3 4 6 6
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax -3 6 12 15 14
Provision for Tax 1 2 3 3 4
Profit After Tax -3 5 9 12 10
Adjustments 0 0 0 0 0
Profit After Adjustments -3 5 9 12 10
Adjusted Earnings Per Share -3.2 3.5 6.8 8.1 5.4

Emerald Tyre Manufac Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 26 29 37 54 109
Minority's Interest 0 0 0 0 0
Borrowings 22 29 28 23 16
Other Non-Current Liabilities 3 3 4 4 4
Total Current Liabilities 60 74 81 93 107
Total Liabilities 112 136 150 174 237
Fixed Assets 29 31 45 54 56
Other Non-Current Assets 7 17 12 10 45
Total Current Assets 76 88 93 109 136
Total Assets 112 136 150 174 237

Emerald Tyre Manufac Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 -0 1 2 4
Cash Flow from Operating Activities -17 12 15 12 8
Cash Flow from Investing Activities -1 -12 -15 -12 -32
Cash Flow from Financing Activities 18 2 1 1 35
Net Cash Inflow / Outflow 1 2 1 2 12
Closing Cash & Cash Equivalent 1 1 2 4 16

Emerald Tyre Manufac Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -3.22 3.48 6.8 8.07 5.36
CEPS(Rs) 0.45 6.32 10.01 11.88 8.38
DPS(Rs) 0 0 0 1 1
Book NAV/Share(Rs) 17.06 22.08 28.19 37.37 56.13
Core EBITDA Margin(%) 7.86 11.72 12.83 16.87 13.52
EBIT Margin(%) 4.93 9.93 12.73 14.21 12.15
Pre Tax Margin(%) -3.16 4.83 7.32 8.67 7.13
PAT Margin (%) -3.81 3.63 5.45 6.83 5.23
Cash Profit Margin (%) 0.66 6.21 8.01 10.07 8.18
ROA(%) -2.96 3.92 6.26 7.22 5.08
ROE(%) -15.4 19.22 27.07 25.65 12.77
ROCE(%) 4.71 13.63 18.5 18.48 14.3
Receivable days 88.54 68.39 68.67 77.98 78.25
Inventory Days 188.88 129.51 117.15 121.19 114.41
Payable days 91.83 62.44 62.86 75.2 80.1
PER(x) 0 0 0 0 19.26
Price/Book(x) 0 0 0 0 1.84
Dividend Yield(%) 0 0 0 0 0.97
EV/Net Sales(x) 0.86 0.6 0.54 0.57 1.37
EV/Core EBITDA(x) 9.14 4.79 3.56 3.28 9.09
Net Sales Growth(%) 0 54.24 22.67 4.3 16.66
EBIT Growth(%) 0 210.8 57.32 16.44 -0.3
PAT Growth(%) 0 246.73 84.24 30.89 -10.72
EPS Growth(%) 0 208.11 95.31 18.52 -33.58
Debt/Equity(x) 2.43 2.59 2.29 1.61 0.81
Current Ratio(x) 1.26 1.2 1.15 1.18 1.28
Quick Ratio(x) 0.51 0.52 0.47 0.55 0.65
Interest Cover(x) 0.61 1.95 2.35 2.56 2.42
Total Debt/Mcap(x) 0 0 0 0 0.44

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 16% 14% 0% 0%
Operating Profit CAGR 0% 21% 0% 0%
PAT CAGR -17% 26% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -41% NA% NA% NA%
ROE Average 13% 22% 14% 14%
ROCE Average 14% 17% 14% 14%

Company Contact Information

Emerald Tyre Manufacturers Ltd.

Emerald House, Plot No.2 Second Street, Porur Gardens Phase- I, Vanagaram, Tiruvallur

IPO Lead Manager(s)

Emerald Tyre Manufacturers Ltd.

GYR Capital Advisors Pvt Ltd.

Registrar Info

Emerald Tyre Manufacturers Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!