Emerald tyre manufacturers ipo gmp: The IPO was subscribed

The IPO was subscribed 530.59x. The last GMP for Emerald Tyre Manufacturers IPO was ₹85, updated on Dec 12th 2024 03:27 AM. As per the last GMP , the expected profit/loss for the IPO was 89.47%. The issue price of Emerald Tyre Manufacturers IPO (ETML) was ₹95.00, listed at a price of ₹180.50, which is 90.00% higher than the allotment price. Emerald Tyre IPO GMP made a high of ₹86 of 9th December against a low of ₹50 that was on 3rd December. Emerald Tyre Manufacturers IPO is to open on December 5. Emerald Tyre Manufacturers is a SME IPO to raise ₹49.26 crores via IPO . The Emerald Tyre Manufacturers IPO price band is fixed at ₹90 to ₹95 with a market lot of 1200 Shares. Learn about the upcoming SME IPO of Emerald Tyre Manufacturers Limited, a company that produces and exports tyres and wheel rims. Find out the IPO price, date, GMP , financials, peers, and evaluation of the issue. Emerald Tyre Manufacturers IPO carries a ₹85 (89.5%) GMP , reflecting investor sentiment. Emerald Tyre Manufacturers IPO Lot Size : Retain Minimum is 1 lot (1,200 shares) amounting to ₹114,000. Retain Maximum is 1 lot (1,200 shares) amounting to ₹114,000. SHNI Minimum is 2 lots (2,400 shares) amounting to ₹228,000.