Viaz Tyres Limited IPO
NSE SMEListed On: Mar 1, 2023 at ₹ 68.00
₹ 248000 /4000 Shares
*Min Investment
16 Feb, 2023
Open Date21 Feb, 2023
Close Date24 Feb, 2023
Allotment Date01 Mar, 2023
Listing DateViaz Tyres Limited IPO Issue Details
- Issue Price ₹62 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr)
- Listing at NSE SME
- List Price 68.00
- Listing Date 2023-03-01
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Link Intime India Private Ltd
Viaz Tyres Limited IPO Details
- Retail Portion N/A
Viaz Tyres Limited IPO Details
Viaz Tyres Limited IPO is an SME IPO, priced at ₹62 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Feb 16, 2023 to Feb 21, 2023. The allotment is expected to be finalized on Feb 24, 2023, and the tentative listing date is Mar 1, 2023.
The registrar of the IPO is Link Intime India Private Ltd, and
Viaz Tyres Limited IPO Subscription Analysis And Details
| 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
Viaz Tyres Limited Company Financials
| 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 |
About Viaz Tyres Limited Company
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
Pre Issue Share Holding : 99.2%
Post Issue Share Holding : 73.07%
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
Viaz Tyres Limited IPO - FAQs
Ans. Viaz Tyres Limited IPO is a SME IPO. The issue is priced at ₹62 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Feb 16, 2023, and closes on Feb 21, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Viaz Tyres Limited IPO opens on Feb 16, 2023 and closes on Feb 21, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Viaz Tyres Limited IPO is 3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr).
Ans. The Viaz Tyres Limited IPO price band is set between ₹62 per equity share.
Ans. To apply for Viaz Tyres Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Viaz Tyres Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Viaz Tyres Limited IPO is Feb 24, 2023.
Ans. The Viaz Tyres Limited IPO will be listed on Mar 1, 2023.
Ans. Follow the steps to check the Viaz Tyres Limited IPO allotment status online.
