Ipo Synopsis

Emerald House Plot # 2 2nd St,Porur Gardens PhaseI Vanagaram,

Poonamalle - 600095,

Tamil Nadu, India.

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Initial public offering up to 51,85,200 equity shares of (Rs) 10/- each ("Equity Shares") of Emerald Tyre Manufacturers Limited ("Emerald" or the "Company") for cash at a price of (Rs) [*] /- per equity share (the "Offer Price"), aggregating to (Rs) [*] crores ("The Offer"), comprising a fresh offer of up to 49,86,000 equity shares aggregating to (Rs) [*] crores by the company ("Fresh Offer") and an offer for sale of up to 1,20,000 equity shares by Karthikeyan Swarnam and up to 79,200 equity shares by S Vijayalakshmi ("The Selling Shareholder") aggregating to (Rs) [*] crores ("Offer for Sale"). Out of the offer, 3,00,000 equity shares aggregating to (Rs) [*] crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 48,85,200 equity shares of face value of (Rs) 10.00/- each at an offer price of (Rs) [*] /- per equity share aggregating to (Rs) [*] crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute [*]% and [*]%, respectively of the post offer paid up equity share capital of the company. Price Band: (Rs) 90 to (Rs) 95 per equity share of face value of (Rs) 5 each. The Floor price is 9.0 times the face value of the equity shares and cap price is 9.50 times the face value of the equity shares. Bid can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares.

Minimum Application for shares in Nos : 1200   Further Multiples of : 1200