Viaz Tyres Limited
Fixed Price IPO · NSE
- Price band
- ₹62 - ₹62
- Lot size
- 2,000 shares
- Issue amount
- ₹20 cr
- Total subscription
- 5.77×
- Opens
- 16 Feb 2023
- Closes
- 21 Feb 2023
- Allotment
- 24 Feb 2023
- Listing
- 1 Mar 2023
Offer at a glance
Issue overview
- Issue size
- 32,26,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,24,000
- Fresh issue
- ₹20 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,24,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 90,25,000
- Shares after issue
- 1,22,51,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,24,000 |
| HNI | 2 | 4,000 | ₹2,48,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 0 |
| PRE IPO(PE) | 24.9 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2018, Viaz Tyres Limited is an Ahmedabad-based company engaged in manufacturing rubber tubes for bicycles, two- and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. The company also produces ancillary products such as Off The Road (OTR) tyre tubes, Animal Driven Vehicle (ADV) tubes, engine oil, and grease on a white-label basis. Its products, including rubber tubes and bicycle tyres, are sold under the brand name "Viaz" in domestic and international markets. The company operates a production facility at Nandasan near Ahmedabad, Gujarat, with an installed capacity of 700,000 tubes per month, supported by 15 domestic distributors and a presence in five countries: USA, Turkey, Romania, UAE, and Colombia. Viaz Tyres has also started trading tyres through an exclusive distributorship of Maxxis Rubbers Private Limited in Turkey.
Promoters
Mr. Janakkumar Mahendrakumar Patel
Mr. Rajeshkumar Prabhudasbhai Patel
Mr. Parichaykumar Maganbhai Patel
Mrs. Himaben Janakkumar Patel
Mrs. Nirmaben Rajeshkumar Patel
Mrs. Kenaben Parichaykumar Patel
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
915/916, Maple Trade, Near Surdhara Circle, SAL Hospital Road, Thaltej, Ahmedabad, 380059
079-46016174
[email protected]Company website ↗Understanding VIAZ IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.