Viaz Tyres IPO GMP, Review, Price, Allotment

Viaz Tyres IPO GMP 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.

Viaz Tyres Limited

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 Dates16 – 21 February 2023
Viaz Tyres IPO PriceINE 62 per share
Fresh issue32,26,000 shares (INR 20 crore)
Offer For SaleNil
Total IPO size32,26,000 shares (INR 20 crore)
Minimum bid (lot size)2,000 shares (INR 1,32,000)
Face Value INR 10 per share
Retail Allocation50%

Viaz Tyres Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Revenue 1,994.37 2,917.26 2,933.042,379.10
Expenses 1,974.77 2,852.70 2,732.062,175.02
Net income 14.5160.64 146.91152.72
Figures in INR Lakhs unless specified otherwise

Viaz Tyres Offer News

Viaz Tyres Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio36.05
RONW (%)3.3512.2922.94
ROCE (%)8.1913.8219.98
Debt/Equity4.38 4.153.12
*Compiled by IPO Central from Prospectus

Viaz Tyres IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
28 Feb 20232 – 3
27 Feb 20232 – 3
21 Feb 20233
18 Feb 2023
17 Feb 2023
16 Feb 2023(5)
15 Feb 2023(5)
14 Feb 2023
13 Feb 20237
11 Feb 202310
10 Feb 202310
9 Feb 202310
8 Feb 202310

Viaz Tyres IPO Subscription – Live Updates

Shares Offered1,613,0001,613,0003,226,000
21 Feb 20235.055.905.48
20 Feb 20231.552.181.86
17 Feb 20230.291.190.75
16 Feb 20230.100.570.33

Viaz Tyres Offer Lead Manager

807, Phoenix, Opp. Girish Cold Drinks
Near Vijay Cross Roads, Navrangpura
Ahmedabad -380009, Gujarat
Phone : 079 4840 5357
Email: [email protected]

Viaz Tyres Offer Registrar

C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: 91 810 811 4949
Email: [email protected]

Viaz Tyres Contact Details

915/916, Maple Trade,
Near Surdhara Circle, SAL Hospital
Road, Thaltej, Ahmedabad,
Gujarat, India – 380 059
Phone: 079-46016174
E-mail: [email protected]

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 Date16 February 2023
IPO Closing Date21 February 2023
Finalisation of Basis of Allotment24 February 2023
Initiation of refunds27 February 2023
Transfer of shares to demat accounts28 February 2023
Viaz Tyres IPO Listing Date1 March 2023
Opening Price on NSE SMEINR 68 per share (up 9.68%)
Closing Price on NSE SMEINR 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.



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