Emerald Tyre IPO: opens in Dec 5, allot or not?

Emerald Tyre Manufactures IPO

Emerald Tyre IPO is scheduled from Thursday, December 5 to Monday, December 9, 2024.

Emerald Tyre IPO is a book built issue of Rs. 49.25 crores. The issue is combination of fresh issue of 49.86 lakhs equity shares aggregating to Rs. 47.36 crores and offer for sale of 1.99 lakhs equity shares aggregating to Rs. 1.89 crores. Price range of the IPO is set at Rs. 90 to Rs. 95 per equity shares with a face value of Rs. 10 each. The minimum order quantity is 1200 equity shares, aggregating to Rs. 1,14,000.

GYR Capital Advisors Private Limited are book running lead managers. Axis Bank Limited is sponsor bank to the IPO. Link Intime India Private Limited is registrar to the issue.

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