Emerald Tyre IPO allotment status: How to check details online via registrar; Check latest GMP

Emerald Tyre Manufacturers has garnered overwhelming response from investors in its 3-day subscription window.

Emerald Tyre Manufacturers shares are likely to be allotted to successful bidders on December 10 following a subscription of nearly 500 times on the closing day of the share sale on Monday. The issue had a price band of Rs 90-95 per share.

Those who subscribed to the maiden share sale by the Emerald Tyre Manufacturers can check their allotment status on the official website of the registrar, Link Intime India Pvt Ltd, using their application number or PAN details.

Step 1: Open the link to the official registrar of the issue on this URL: https://linkintime.co.in/initial_offer/

Step 2: Select the company from the dropdown menu.

Step 3: You check your allotment status by filling in details like PAN, application number or DP client ID.

Step 4: Press the Submit button

Step 5: Your allotment status will be shown in the window.

The Emerald Tyre IPO shares attracted healthy premium in the grey market, in fact, soaring to 100 percent from 75-80 percent quoted last week, the market observers said. According to the current trends, the shares could list at a premium of 90 percent. The grey market is an unofficial platform wherein IPO shares can be bought and sold till the listing.

The trading in Emerald shares will commence on the NSE Emerge platform on December 12.

Incorporated in 2002, the off highway tyre manufacturer makes tyres for material handling applications (like forklifts, skid loaders, ground support equipment of airports, port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders), under the brand GRECKSTER.