Last updated on March 1, 2023
Viaz Tyres IPO description – Ahmedabad-based Viaz Tyres is 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.
The company sells rubber tubes, bicycle tires, and ancillary products under the brand name “Viaz” in domestic as well as international markets. Viaz Tyres has its production facility with installed capacity of manufacturing 7,00,000 Tubes per Month at Nandasan near Ahmedabad, Gujarat India. It has 15 domestic distributors for rubber tubes across India. The company also has presence in 5 countries namely United States of America, Turkey, Romania, United Arab Amirates and Colombia.
Promoters of Viaz Tyres – Mr. Janakkumar Mahendrabhai Patel, Mr. Rajeshkumar Prabhudasbhai Patel, Mr. Parichaykumar Maganbhai Patel, Mrs. Himaben Janakkumar Patel, Mrs. Nirmaben Rajeshkumar Patel and Mrs. Kenaben Parichaykumar Patel
Viaz Tyres IPO Details
| Viaz Tyres IPO Dates | 16 – 21 February 2023 |
| Viaz Tyres IPO Price | INE 62 per share |
| Fresh issue | 32,26,000 shares (INR 20 crore) |
| Offer For Sale | Nil |
| Total IPO size | 32,26,000 shares (INR 20 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,32,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
Viaz Tyres Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 1,994.37 | 2,917.26 | 2,933.04 | 2,379.10 |
| Expenses | 1,974.77 | 2,852.70 | 2,732.06 | 2,175.02 |
| Net income | 14.51 | 60.64 | 146.91 | 152.72 |
Viaz Tyres Offer News
- Viaz Tyres RHP
- Viaz Tyres Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Viaz Tyres Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.18 | 0.71 | 1.72 |
| PE ratio | – | – | 36.05 |
| RONW (%) | 3.35 | 12.29 | 22.94 |
| NAV | – | – | 7.51 |
| ROCE (%) | 8.19 | 13.82 | 19.98 |
| Debt/Equity | 4.38 | 4.15 | 3.12 |
Viaz Tyres IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 28 Feb 2023 | 2 – 3 | – | – |
| 27 Feb 2023 | 2 – 3 | – | – |
| 21 Feb 2023 | 3 | – | – |
| 18 Feb 2023 | – | – | – |
| 17 Feb 2023 | – | – | – |
| 16 Feb 2023 | (5) | – | – |
| 15 Feb 2023 | (5) | – | – |
| 14 Feb 2023 | – | – | – |
| 13 Feb 2023 | 7 | – | – |
| 11 Feb 2023 | 10 | – | – |
| 10 Feb 2023 | 10 | – | – |
| 9 Feb 2023 | 10 | – | – |
| 8 Feb 2023 | 10 | – | – |
Viaz Tyres IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,613,000 | 1,613,000 | 3,226,000 |
| 21 Feb 2023 | 5.05 | 5.90 | 5.48 |
| 20 Feb 2023 | 1.55 | 2.18 | 1.86 |
| 17 Feb 2023 | 0.29 | 1.19 | 0.75 |
| 16 Feb 2023 | 0.10 | 0.57 | 0.33 |
Viaz Tyres Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
807, Phoenix, Opp. Girish Cold Drinks
Near Vijay Cross Roads, Navrangpura
Ahmedabad -380009, Gujarat
Phone : 079 4840 5357
Email: [email protected]
Website: www.beelinemb.com
Viaz Tyres Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: 91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Viaz Tyres Contact Details
VIAZ TYRES LIMITED
915/916, Maple Trade,
Near Surdhara Circle, SAL Hospital
Road, Thaltej, Ahmedabad,
Gujarat, India – 380 059
Phone: 079-46016174
E-mail: [email protected]
Website: www.viaztyres.com
Viaz Tyres IPO Allotment Status
Viaz Tyres IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Viaz Tyres IPO Dates & Listing Performance
| Viaz Tyres Offer Opening Date | 16 February 2023 |
| IPO Closing Date | 21 February 2023 |
| Finalisation of Basis of Allotment | 24 February 2023 |
| Initiation of refunds | 27 February 2023 |
| Transfer of shares to demat accounts | 28 February 2023 |
| Viaz Tyres IPO Listing Date | 1 March 2023 |
| Opening Price on NSE SME | INR 68 per share (up 9.68%) |
| Closing Price on NSE SME | INR 68.05 per share (up 9.76%) |
Viaz Tyres IPO FAQs
What is Viaz Tyres offer size?
Viaz Tyres offer size is INR 20 crore.
What is Viaz Tyres IPO Price Band?
Viaz Tyres public offer price is INR 62 per share.
What is the lot size of Viaz Tyres IPO?
Viaz Tyres offer lot size is NA 2,000 shares.
What is Viaz Tyres IPO GMP today?
Viaz Tyres IPO GMP today is INR 3 per share.
What is Viaz Tyres kostak rate today?
Viaz Tyres kostak rate today is NA per application.
What is Viaz Tyres Subject to Sauda rate today?
Viaz Tyres Subject to Sauda rate today is NA per application.
There is no other company in comparison other than the giants like Ceat, MRF etc.