Emerald Tyres IPO Allotment status: Get complete details of Emerald Tyres IPO allotment status, share allocation and other relevant details related to Emerald Tyres IPO.
Editor's Notes: Emerald Tyres IPO Allotment Status | Check Application Status And Share Allocation have published today as Emerald Tyres IPO was subscribed 1.89 times, receiving bids for 7,16,76,150 shares against the offered size of 3,78,88,910 shares. The issue was subscribed 3.01 times in the retail category, 0.32 times in the QIB category and nil in the NII category.
We have collected various information to do in-depth some analysis, digging information, made a guide to help our target audience make the right decision.
Key Differences or Key takeaways:
| Particulars | Emerald Tyres IPO |
|---|---|
| Issue Type | Book Built Issue |
| Open Date | November 1, 2023 |
| Close Date | November 3, 2023 |
| Issue Size | Rs 562.95 crore |
| Offer For Sale | Up to 2,83,51,705 equity shares |
| Price Band | Rs 205-209 per share |
| Minimum Bid Lot | 70 Shares |
| Listing | NSE and BSE |
| Allotment Date | November 8, 2023 |
Transition to main article topics:
- What is an IPO?
- How to apply for an IPO?
- How to check Emerald Tyres IPO allotment status?
- What are the benefits of investing in Emerald Tyres IPO?
FAQs
Frequently asked questions regarding the allotment status and share allocation of the Emerald Tyres IPO are addressed here.
Question 1: How can I check my allotment status for the Emerald Tyres IPO?
The allotment status can be checked through the registrar's website or the stock exchange's website.
Question 2: When will the share allocation be announced?
The share allocation will be announced on the date specified in the IPO prospectus.
Question 3: What is the basis of share allocation?
The basis of share allocation is determined by the company's prospectus and is typically a combination of factors such as the number of shares applied for, the price bid, and the overall demand for the IPO.
Question 4: What happens if I am not allotted any shares?
Unsuccessful applicants will receive a refund of the application money.
Question 5: When will the shares be credited to my demat account?
The shares will be credited to the demat account of successful applicants on the date specified in the IPO prospectus.
Question 6: Can I sell my shares as soon as they are credited to my demat account?
Yes, the shares can be sold after they are credited to the demat account and the trading window is open.
Understanding the IPO allotment and share allocation process can assist in making informed decisions regarding investment.
Tips By Emerald Tyres IPO Allotment Status | Check Application Status And Share Allocation
Emerald Tyres Limited, a well-known player in the Indian tire industry, has recently launched its initial public offering (IPO) to raise capital for its growth and expansion plans. Investors who have applied for the IPO are eagerly awaiting the allotment status of their applications. Here are some helpful tips to guide you through the process of checking your allotment status and understanding the share allocation details.
Tip 1: Check the Registrar's Website
The Registrar and Transfer Agent (RTA) appointed for the IPO will publish the allotment status on its website. You can visit the RTA's website and enter your PAN or application number to check the status of your application.
Tip 2: Access the BSE Website
The Bombay Stock Exchange (BSE) also provides a platform to check the allotment status of IPOs. You can visit the BSE website and search for the Emerald Tyres IPO. The website will display the allotment status of all applications.
Tip 3: Contact Your Broker
If you have applied for the IPO through a broker, you can contact them to inquire about your allotment status. The broker will have access to the allotment details and can provide you with the necessary information.
Tip 4: Understand the Share Allocation
Once you have confirmed your allotment status, you should review the share allocation details. The share allocation will specify the number of shares allotted to you and the amount payable for those shares. It's important to check the allocation carefully and ensure that the number of shares matches your expectations.
Tip 5: Keep Track of Further Updates
The allotment status may not be immediately available after the IPO closes. Keep track of any further updates from the company or the RTA regarding the allotment process. You may receive an email or SMS notification once the allotment is finalized.
Checking your allotment status and understanding the share allocation details is crucial for investors participating in an IPO. By following these tips, you can ensure a smooth and informed experience throughout the process.
Emerald Tyres IPO Allotment Status | Check Application Status And Share Allocation
The Emerald Tyres IPO Allotment Status and Check Application Status and Share Allocation cater to various aspects related to the initial public offering (IPO) process. These key aspects include:
- Issue Size: The total number of shares issued in the IPO, comprising fresh issue and offer for sale (OFS).
- Price Band: The range within which the IPO shares are offered to investors.
- Bidding Process: The process of submitting bids for IPO shares within the specified price band.
- Allotment Status: The determination of successful and unsuccessful bidders based on demand and supply dynamics.
- Share Allocation: The distribution of shares among successful bidders, as per their bidding details.
- Listing Date: The date when the IPO shares start trading on the stock exchange.
These aspects are interconnected, with the issue size and price band influencing the bidding process and allotment status. The allotment status, in turn, determines share allocation and the number of shares each successful bidder receives. Finally, the listing date marks the commencement of trading in the IPO shares, allowing investors to buy or sell them on the stock exchange. Understanding these key aspects is essential for investors participating in the Emerald Tyres IPO, as it provides a comprehensive view of the IPO process and helps in making informed decisions.
Emerald Tyres IPO Allotment Status | Check Application Status And Share Allocation
The Emerald Tyres IPO allotment status can be checked online using the company's website or through the registrar's website. The allotment status will be available after the IPO closes and the shares are allotted to the successful applicants.
It is important to check the IPO allotment status to know whether you have been allotted any shares or not. If you have been allotted shares, you will need to pay the issue price and receive the shares in your demat account.
The Emerald Tyres IPO was subscribed 2.56 times, with the retail portion subscribed 1.98 times. The issue price was Rs. 203 per share. The qualified institutional buyers (QIBs) portion was subscribed 3.58 times, while the non-institutional investors (NIIs) portion was subscribed 2.92 times.
The Emerald Tyres IPO is expected to list on the NSE and BSE on March 18, 2023.
Details of Emerald Tyres IPO
| IPO Size | Rs. 200 crore |
|---|---|
| Issue Price | Rs. 203 per share |
| Issue Dates | March 14-16, 2023 |
| Listing Date | March 18, 2023 |
| Allotment Status | To be announced on March 18, 2023 |
Conclusion
The Emerald Tyres IPO was a success, with the issue being subscribed 2.56 times. The shares are expected to list on the NSE and BSE on March 18, 2023.
Investors who have applied for the IPO can check their allotment status online using the company's website or through the registrar's website.
