Viaz Tyres Limited IPO
Viaz Tyres Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹62 per share. The stock debuted at ₹68, delivering a listing gain of 9.7%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,24,000.
Viaz Tyres Limited IPO
- IPO Dates
- Feb 16, 2023 – Feb 21, 2023
- Price band
- ₹62 per equity share
- Minimum Investment
- ₹1,24,000
- Issue size
- 3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr)
- Lot size
- 2000
- Allotment Date
- Feb 24, 2023
- Listing
- Mar 1, 2023
- Listing At
- NSE SME
IPO timeline
-
Feb 16, 2023
Open Date
Completed
-
Feb 21, 2023
Close Date
Completed
-
Feb 24, 2023
Allotment Date
Completed
-
Mar 1, 2023
Listing Date
Completed
Viaz Tyres Limited IPO Essentials
Viaz Tyres Limited IPO Details
Viaz Tyres Limited IPO is priced at ₹62 per share with a total issue size of 3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹62 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr)
- Listing at
- NSE SME
- List price
- 68.00
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Viaz Tyres Limited IPO Analytics
Viaz Tyres Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Viaz Tyres Limited IPO Subscription Status
Viaz Tyres Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,532,000 | 1,532,000 | 3,064,000 |
|
Day 1
16-02-23 06:00 PM
|
(0.10) x | 0.60 x | 0.35 x |
|
Day 2
17-02-23 06:00 PM
|
(0.32) x | 1.24 x | 0.78 x |
|
Day 3
20-02-23 06:00 PM
|
(1.63) x | 2.30 x | 1.96 x |
|
Day 4
21-02-23 06:00 PM
|
(5.32) x | 6.21 x | 5.77 x |
Viaz Tyres Limited Valuations
Earnings
- EPS (Post IPO)
- ₹1.72/-
- P/E Ratio
- 36.05
Returns
- RoNW
- 22.94%
Viaz Tyres Limited Financials( In Lakhs)
| 30-Sept-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 3405.87 | 2898.38 | 2713.32 | 2429.97 |
| Revenue | 2379.1 | 2933.04 | 2917.26 | 1994.37 |
| Profit After Tax | 152.72 | 146.91 | 60.64 | 14.51 |
Viaz Tyres Limited Company & Offer Insights
About Viaz Tyres Limited
Viaz Tyres Limited is Ahmedabad-based company engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. The company also deals in ancillary products like Off The Road (OTR) Tyre tubes and Animal Driven Vehicle (ADV) Tubes, Engine Oil, and Grease on white labeling bases.
Company sells rubber tubes, bicycle tires, and ancillary products under the brand name "Viaz" in domestic as well as international markets.
The company has its production facility with installed capacity of manufacturing 7,00,000 Tube per Month at Nandasan near Ahmedabad, Gujarat India. It has 15 domestic distributors for rubber tubes across India. Company also has presence in 5 countries namely United States of America, Turkey, Romania, United Arab Amirates and Colombia.
Company recently started trading Tyres through an exclusive distributorship of Maxxis Rubbers Private Limited tires for Turkey.
Viaz Tyres Limited Promoter(s)
Mr. Janakkumar Mahendrakumar Patel, Mr. Rajeshkumar Prabhudasbhai Patel, Mr. Parichaykumar Maganbhai Patel, Mrs. Himaben Janakkumar Patel, Mrs. Nirmaben Rajeshkumar Patel, Mrs. Kenaben Parichaykumar Patel are the company's promoters of Viaz Tyres Limited.
Viaz Tyres Limited IPO Issue Objectives
- •
- Repayment or Prepayment or part repayment of Loan
- •
- To Meet Working Capital Requirements
- •
- General Corporate Purpose
- •
- To meet Public Issue Expenses
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Viaz Tyres Limited IPO is a Fixed Priced IPO worth ₹3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr). The issue price is ₹62 per share (fixed price). The IPO opens on Feb 16, 2023 and closes on Feb 21, 2023. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The issue price of Viaz Tyres Limited IPO is ₹62 per share (fixed price).
The lot size of Viaz Tyres Limited IPO is 2000 shares.
The minimum investment for Viaz Tyres Limited IPO is approximately ₹1,24,000 based on the issue price .
Viaz Tyres Limited IPO opens on Feb 16, 2023 and closes on Feb 21, 2023.
The allotment date of Viaz Tyres Limited IPO is Feb 24, 2023.
Viaz Tyres Limited IPO is expected to be listed on Mar 1, 2023, on NSE SME Platform.
Viaz Tyres Limited IPO valuation snapshot: P/E 36.05, EPS ₹1.72/-, P/B N/A, RoNW 22.94%, and market cap N/A.
To apply for Viaz Tyres Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Viaz Tyres Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Viaz Tyres Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Viaz Tyres Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Viaz Tyres Limited IPO allotment status on IPO Ji for quick and easy access.