Emerald Tyre Manufacturers IPO Allotment: Key Details and Steps to Check Allotment Status
The Emerald Tyre Manufacturers Limited IPO has garnered significant interest among investors due to its promising growth trajectory and presence in the competitive tyre manufacturing sector. If you applied for the IPO, you might be eager to check the allotment status. Here’s a detailed guide to help you understand the allotment process, key dates, and how to verify your IPO application status.
The SME offering was priced in the range of Rs 90–95 per share, with a lot size of 1,200 shares. By the close, the IPO was oversubscribed nearly 530 times.
About Emerald Tyre Manufacturers IPO
Emerald Tyre Manufacturers is a leading player in the tyre manufacturing industry, specializing in producing high-quality tyres for diverse automotive segments. The IPO was launched to raise funds for business expansion, working capital requirements, and general corporate purposes.
The IPO received an enthusiastic response from retail and institutional investors, reflecting the company’s strong market reputation and growth potential.
Key Dates for Emerald Tyre IPO Allotment
• IPO Opening Date: [8 December ]
• IPO Closing Date: [10 December ]
• Allotment Date: [12 December ]
• Refund Initiation: [12 December ]
• Credit of Shares to Demat Account: [13 December ]
• Listing Date: [13 December ]
How to Check Emerald Tyre IPO Allotment Status
Once the allotment process is completed, you can check your allotment status through these methods:
1. Via the Registrar’s Website
The registrar for the Emerald Tyre IPO is responsible for managing the allotment process. Follow these steps:
1. Visit the official website of the IPO registrar (e.g., KFin Technologies or Link Intime).
2. Navigate to the IPO allotment status section.
3. Select “Emerald Tyre Manufacturers IPO” from the dropdown menu.
4. Enter your PAN, Application Number, or DP ID/Client ID.
5. Click on the “Submit” button to view your allotment status.
2. Through the NSE Website
You can also check your allotment status on the NSE (National Stock Exchange) platform:
1. Visit the NSE website’s IPO allotment page.
2. Enter your application details, including PAN or application number.
3. Submit the details to view your allotment status.
3. Via Your Demat Account or Bank
• If you’ve been allotted shares, they will be credited to your Demat account on the designated date.
• Alternatively, check your bank account for a refund (if shares were not allotted).
What to Do After the Allotment?
• For Allottees: Monitor your shares in your Demat account and track the company’s listing day performance on the stock exchanges.
• For Non-Allottees: Refunds will be processed automatically, and you can explore other IPO opportunities in the market.
Emerald Tyre Manufacturers IPO: A Promising Investment?
Emerald Tyre Manufacturers’ IPO has drawn attention due to its robust financials, market presence, and expansion plans. Investors should analyze the company’s growth potential and industry trends before making investment decisions.
Conclusion
The Emerald Tyre Manufacturers IPO allotment status is a crucial step for investors to confirm their participation in this promising opportunity. Follow the above steps to check your status, and stay updated on listing day developments to maximize your investment potential.
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