Viaz Tyres Limited IPO (Viaz Tyres IPO)

Viaz Tyres Limited IPO
Upcoming Viaz Tyres IPO | New Viaz Tyres IPO

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 IPO

Viaz Tyres IPO – Details

IPO Opening Date16 February 2023
IPO Closing Date21 February 2023
Issue TypeFixed Price Issue IPO
Issue Size32,26,000 Shares Worth ₹20.00 Crore
Fresh Issue: 32,26,000 Shares Worth ₹20.00 Crore
Face Value₹10 per equity share
IPO Price₹62
Market Lot2000 Shares
Min Order12000 Shares (1 Lot)
Listing AtNSE SME
RegisterLink Intime India Private Ltd
Retail Shares Offered50%
NII (HNI) Shares Offered50%

Viaz Tyres IPO – Date Schedule

IPO Open Date16 February 2023
IPO Close Date21 February 2023
Basis of Allotment24 February 2023
Initiation of Refunds27 February 2023
Credit of Shares to Demat Account28 February 2023
IPO Listing Date01 March 2023

Viaz Tyres IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)

Competitive Strengths

  • Experienced Promoters and Management Team.
  • Widespread distribution network.
  • Wide range of Products.
  • Long standing relationship with distributors.

Company 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

Object Of The Issue

  • Repayment or Prepayment or part repayment of Loan.
  • To Meet Working Capital Requirements.
  • General Corporate Purpose.
  • To meet Public Issue Expenses.
Viaz Tyres IPO Issue Object

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 202019.9419.740.14
31 March 202129.1728.520.60
31 March 202229.3327.321.46
30 September 202223.7921.751.52
Amount in ₹ Crore

Viaz Tyres IPO Promoter Holding

Pre Issue Share Holding99.20%
Post Issue Share Holding73.07%

Viaz Tyres IPO Prospectus

Company Contact Information

Viaz Tyres Limited

915/916, Maple Trade,
Near Surdhara Circle, SAL Hospital Road,
Thaltej, Ahmedabad, 380059

Phone: 079-46016174

Viaz Tyres IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Viaz Tyres IPO Lead Manager(s)

1. Beeline Capital Advisors Pvt Ltd

Viaz Tyres IPO FAQs

Viaz Tyres IPO FAQs
What is Viaz Tyres IPO?

Viaz Tyres IPO is a SME IPO. The issue is priced at ₹62 per equity share. The IPO is to be listed on NSE SME.
When Viaz Tyres IPO will open?

The IPO is to open on  16 February 2023 for NII and Retail Investors.
What is Viaz Tyres IPO Investors Portion?

The investors portion for NII-50%, and Retail-50%.
How to Viaz Tyres IPO?

You can apply Viaz Tyres IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Viaz Tyres IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Viaz Tyres”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Viaz Tyres IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Viaz Tyres”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Viaz Tyres IPO Size?

Viaz Tyres IPO size is ₹20.00 crores.
What is Viaz Tyres IPO Price Band?

Viaz Tyres IPO Price Band is ₹62.
What is Viaz Tyres IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,24,000 amount while the maximum bid is 2000 shares with  ₹1,24,000.
What is the Viaz Tyres IPO Allotment Date?

Viaz Tyres IPO allotment date is  24 February 2023.
What is the Viaz Tyres IPO Listing Date?

Viaz Tyres IPO listing date is 01 March 2023. The IPO is to list on NSE SME.
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