Viaz Tyres IPO will be Open on 16 February 2023 and closes on 21 February 2023. The company has fixed the price of this IPO at ₹62 according to the face value of ₹10. The company will raise ₹80 Crores through this IPO under the 32,26,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check to know Viaz Tyres IPO GMP here
Viaz Tyres Limited is engaged in the manufacturing of rubber tubes for bicycles, two- and three-wheeled vehicles, passenger vehicles, and heavy-load industrial vehicles. We also deal in ancillary products like Off The Road (OTR) Tyre tubes and Animal Driven Vehicle (ADV) tubes, engine oil, and grease on white-label bases.
The company recently started selling bicycle tyres, which we get manufactured on a job-by-job basis, depending upon the market’s demands. The company sells rubber tubes, bicycle tyres and ancillary products under the brand names “Viaz” in domestic as well as international markets. You can check Viaz Tyres IPO subscription status here.
The company production facility with installed capacity of manufacturing 7,00,000 Tube per Month, located at Nandasan near Ahmedabad, Gujarat India. The comany has total 15 domestic distributors for rubber tubes across all over India. You can check viaz Tyres IPO Allotment status here.
The company distribution network is spread across 19 states, namely, Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nādu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal. The company has also have presence in 5 countries namely United States of America, Turkey, Romania, United Arab Amirates and Colombia.
Objects Of The Issue :
- Repayment or Prepayment or part repayment of Loan
- To Meet Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
Company Strengths :
- Experienced Promoters and Management Team:
- Widespread distribution network
- Wide range of Products
- Long standing relationship with distributors
| Read also: Upcoming IPO List 2023 |
Viaz Tyres IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹1.47 Cr (March 2022) ₹62/ EQ (Cut Off) ₹1.72 (March 2022) 36.04x (PE Approx) 22.94% (March 2022) ₹7.51 (March 2022) ₹34.06 Cr (Sep 2022) ₹75.95 Cr 99.99% 69.77% |
| Team Review : | ✔ Apply For Long Term |
Viaz Tyres IPO GMP Live:
Viaz Tyres IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 23 Feb 2023 | ₹-3-₹-4 | ₹0 |
| 22 Feb 2023 | ₹-3-₹-4 | ₹0 |
| 21 Feb 2023 | ₹-5-₹-6 | ₹0 |
| 20 Feb 2023 | ₹-5-₹-6 | ₹0 |
Viaz Tyres IPO Date & Price Band & Details :
| Issuue Offer : | Fixed price Issue |
| IPO Open : | 16 February 2023 |
| IPO Close : | 21 February 2023 |
| IPO Size : | ₹20.00 Cr {32,26,000 Shares] |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹62 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹20.00 Cr {32,26,000 Shares] |
| Fresh Issue : | ₹20.00 Cr {32,26,000 Shares] |
| Offer For Sale : | ₹. Cr |
Viaz Tyres IPO Market Lot :
Viaz Tyres IPO Minimum Market lot is 1 Lot with 2000 shares with ₹124,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹248,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 2000 | ₹124,000 |
| Retail (Max) : | 1 | 2000 | ₹124,000 |
| S-HNI (Min) : | 2 | 4000 | ₹248,000 |
Viaz Tyres IPO Shares Offer :
A Total of 32,26,000 shares are to be bid for the public issue by Viaz Tyres IPO with – for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 32,26,000 | ₹20.00 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 32,26,000 | ₹₹20.00 Cr |
Viaz Tyres IPO Net Reservation :
Viaz Tyres IPO Net Reservation of 30,64,000 shares are to be bid for the public issue by Viaz Tyres IPO with – for QIB and 15,32,000 for NII 15,32,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 15,32,000 | ₹9.50 Cr |
| RII : | 50% | 15,32,000 | ₹9.50 Cr |
| MMRP : | – % | – | ₹ |
| Total : | 100% | 30,64,000 | ₹19.00 Cr |
Viaz Tyres IPO Dates :
Viaz Tyres IPO Date is 16 February 2023 and closes on 21 February 2023. The allotment will be finalized on 24 February 2023 and the IPO may list on 01 March 2023.
| Issue Open Date : | 16 February 2023 |
| Issue Close Date : | 21 February 2023 |
| Allotment Date : | 24 February 2023 |
| Refund Date : | 27 February 2023 |
| Share Credit Date : | 28 February 2023 |
| Listing Date : | 01 March 2023 |
Viaz Tyres IPO Form :
There are two ways to apply in Viaz Tyres IPO. You can apply for Viaz Tyres IPO through ASBA available in your bank account. You have to go to your online bank login and select Viaz Tyres IPO in the Invest section and apply through your bank account. Another option is you can apply Viaz Tyres IPO through IPO form download through NSE and BSE. See the Viaz Tyres IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Viaz Tyres Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 Sep | ₹2,933.04 | ₹2,175.02 | ₹152.72 |
| 2022 | ₹2,933.04 | ₹2,732.06 | ₹146.91 |
| 2021 | ₹2,917.26 | ₹2,852.70 | ₹60.64 |
| 2020 | ₹1,994.37 | ₹1,974.77 | ₹14.51 |
Company Promoters :
■ Mr. Janakkumar Mahendrabhai Patel
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Viaz Tyres IPO Lead Managers :
■ Beeline Capital Advisors Pvt Ltd
Viaz Tyres IPO Registrar :
Link Intime India Private Limited
Address: C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg, Vikhroli (West),
Mumbai, Maharashtra, India – 400083.
Tel. Number: +91 810 811 4949
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.linkintime.co.in
Note: Check Viaz Tyres IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Viaz Tyres Limited
915/916, Maple Trade,
Near Surdhara Circle, SAL Hospital Road,
Thaltej, Ahmedabad, 380059
Phone: 079-46016174
Email: [email protected]
Website: https://www.viaztyres.com/
Viaz Tyres IPO FAQs :
What is Viaz Tyres IPO?
Viaz Tyres IPO is SME IPO. They are going to raise ₹20.00. Crores via IPO. The issue is priced at ₹62 per equity share. The IPO to be listed on NSE, SME.
When Viaz Tyres IPO will open?
The IPO is to open on 16 Feb – 21 Feb for QIB, NII & RII.
What is Viaz Tyres IPO Size?
Viaz Tyres IPO size is ₹20.00 Crores.
What is the Fresh issue size of Viaz Tyres IPO?
The Fresh issue size of Viaz Tyres IPO ₹20.00 Cr.
What is the Offer For Sale size of Viaz Tyres IPO?
The Offer For Sale size of Viaz Tyres IPO ₹0 Cr.
What is Viaz Tyres IPO Price Band?
Viaz Tyres IPO Price Band is ₹62 Per share.
What is Viaz Tyres IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹124,000 amount while the maximum bid is 2000 shares with ₹124,000.
What is Viaz Tyres IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Viaz Tyres IPO Allotment Date?
Viaz Tyres IPO allotment date is 24 February 2023.
What is Viaz Tyres IPO Listing Date?
Viaz Tyres IPO listing date is 01 March 2023. The IPO to list on NSE, SME.
How to Apply the Viaz Tyres IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Viaz Tyres IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Viaz Tyres IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Viaz Tyres IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Viaz Tyres IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Viaz Tyres IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Viaz Tyres IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Viaz Tyres IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Viaz Tyres GMP: Click Here Viaz Tyres Subscription: Click Here Viaz Tyres Allotment: Click Here Viaz Tyres Listing: Click Here |
All Viaz Tyres IPO-related links are available here. If you want to know the details then click on Click Here Link.
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