Emerald Tyre Manufacturers IPO — Listing Performance
Emerald Tyre Manufacturers IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 5 Dec 2024 |
| Listing date | 12 Dec 2024 |
| Issue price | ₹95 |
| Listing-day close | ₹189.50 (99.47%) |
| Recent market price | ₹80.75 (-15% vs issue) |
| 52-week range | ₹74.15 – ₹140 |
| Identifiers | NSE: ETML · ISIN: INE0RHD01013 |
How the listing went
Emerald Tyre Manufacturers delivered a blockbuster debut, closing its first session 99.47% above the issue price.
Emerald Tyre Manufacturers against every other debut on record
- Rank in 2024: 52 of 262 NSE debuts, on a 99.47% first-day close.
- 74th percentile of 176 SME debuts in 2024 (median 41.27%).
- 4th of 27 debuts in December 2024.
- Opened 90% above issue, then added 9.47 points to the close.
- Day-one range ₹180.50 to ₹189.50: a 9.47% swing on the issue price.
- Last close ₹80.75 (11 Sep 2026): 15% below issue, against 99.47% on day one.
- 1% up its 52-week range of ₹74.15 to ₹140.
- Priced at the top of the ₹90 to ₹95 band.
- Listed 3 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources