Emerald Tyres: This is good news for Indian investors who are investing day by day and getting a lot of capital through investment policies, especially in the IPO sector. IPOs are influencing India at a high level that not only supports Indian investors as well as traders and merchants of global levels. People can invest in them and generate high revenue.
One of the leading companies in India Emerald Tyres IPO Allotment is doing the same with high pace not only allowing Indians but foreigners also to invest in them and secure their money and future.
The Emerald Tyre Manufacturers IPO allotment process determines which investors receive shares after bidding for them during the IPO.
Here is the key information you all need to know before investing in Emerald Tyres IPO-
About the Company: Emerald Tyre Manufacturers Limited produces a wide range of industrial and agricultural tyres.
IPO price Size: ₹49.26 crore, with shares priced between ₹90 and ₹95.
Bidding Dates for Investors: Opened on December 5, 2024, and closed on December 9, 2024.
Listing Date: Shares will be listed on the NSE SME platform on December 12, 2024.
IPO’s popularity among Investors: why should investors invest in them-
The IPO was highly popular and oversubscribed 530.59 times overall.
Retail Investors: Subscribed the IPO 558.11 times.
Non-Institutional Investors (NIIs): Subscribed the IPO 912.18 times.
Qualified Institutional Buyers (QIBs): Subscribed the IPO 195.95 times.
*All of the above analytical information shows that Emerald Tyres Manufacturers shares are highly profitable and investors should invest in them to get high revenue in a short period of time.
Allotment Process:
The share allotment for this IPO is being finalized on December 10, 2024. Here’s what happens:
1. True and fair Allocation: Due to high demand, shares are allocated through a lottery system for retail investors.
2. Easy Refunds: If you do not get any shares, your bid money will be refunded the same day.
3. Demat Account Credit: If you get shares, they will appear in your Demat account by December 11, 2024.
How to Check Your Allotment placed or not?
You can check your status on the NSE website or via registration on Angel One.
Angel One account Link 🔗-
By Opening Demat account on Angel One, investors and users can gain high profit through big deals on Angel one account as well as through Emerald Tyres manufacturers IPO allotment scheme. With investing a little and ensuring allotment they can gain a lot of profit from it. People should know how to invest and trade in IPO allotment and it is not a big task for them to invest and get assured amount.
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Emerald Tyres
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