Participating in the Emerald Tyre Manufacturers IPO is a simple and efficient process, accessible to both experienced investors and first-time participants. With a clear, step-by-step guide, the application process ensures a seamless experience, enabling you to take advantage of this promising investment opportunity confidently.
To begin, make sure your Demat account is active and linked to a UPI ID. Follow the steps below to apply, and for further details, visit the official page for the Emerald Tyre Manufacturers IPO.
Emerald Tyre Manufacturers IPO Application Process
The application process for the Emerald Tyre Manufacturers IPO is straightforward. Follow these steps to complete your application:
Step 1: Login to Your Trading Platform
Log in to your Bajaj Broking trading account using your credentials.
Step 2: Navigate to the IPO Section
Go to the “IPO” section on the Bajaj Broking dashboard.
Step 3: Select the Open IPO and Click Apply
Choose “Emerald Tyre Manufacturers IPO” from the list of available IPOs.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of lots you want to bid for within the price band.
Step 5: Provide Your UPI ID
Enter your UPI ID to authorize the transaction for the IPO application.
Step 6: Confirm the Application
Review your bid details and confirm the application to proceed.
Step 7: Complete the Process and Wait for Allotment
Submit the application and wait for allotment updates.
How to Check Emerald Tyre Manufacturers IPO Allotment Status?
Checking your IPO allotment status is quick and easy. Follow these steps to confirm whether shares have been allocated to your account:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s website, such as Link Intime India Private Ltd.
Step 2: Navigate to the IPO Allotment Status Page
Locate the page dedicated to IPO allotment status.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Input your details accurately to fetch your status.
Step 4: Click on 'Submit' or 'Check Status'
Submit the details and view your allotment results.
Step 5: Alternative Check on Stock Exchange Websites
Verify your status via the NSE or BSE websites.
Step 6: Check via Bajaj Broking Website
Bajaj Broking gives you the option of checking your IPO allotment status with ease.
About Emerald Tyre Manufacturers IPO: Overview and Key Facts
The Emerald Tyre Manufacturers IPO is a book-built issue valued at ₹49.26 crore. It comprises a fresh issue of ₹47.37 crore and an offer for sale of ₹1.89 crore. The IPO will be open for subscription from December 5, 2024, to December 9, 2024. Post listing, the shares will trade on the NSE SME platform.
The IPO price band is set between ₹90 and ₹95 per share, with a minimum lot size of 1,200 shares. Retail investors need to invest a minimum of ₹114,000, while HNIs must bid for at least two lots.
Promoted by Chandhrasekharan Trirupathi Venkatachalam, the IPO will dilute the promoter’s stake from 67.62% pre-issue to accommodate new investors, ensuring broader participation in the company's growth journey.
Emerald Tyre Manufacturers operates a robust business specializing in Solid Resilient Tyres and other industrial products, serving global markets with strategically located warehouses. For updates, visit the Emerald Tyre Manufacturers IPO Allotment Status.