Viaz Tyres IPO Review
Viaz Tyres IPO Overview
Viaz Tyres Limited, headquartered in Ahmedabad, manufactures rubber tubes for bicycles, two- and three-wheelers, passenger automobiles, and heavy-duty industrial vehicles. The company also distributes additional products such as Off The Road (OTR) Tyre Tubes and Animal Driven Vehicle (ADV) Tubes, Engine Oil, and Grease under its own brand.
Under the brand name “Viaz,” the firm sells rubber tubes, bicycle tyres, and other accessories in both domestic and international markets.
The company has a manufacturing unit in Nandasan, Gujarat, India, with a monthly capacity of 7,00,000 tubes. In India, it has 15 domestic rubber tube distributors. In addition, the corporation has operations in five countries: the United States of America, Turkey, Romania, the United Arab Emirates, and Colombia.
Viaz Tyres IPO Details
| IPO Date | Feb 16, 2023 to Feb 21, 2023 |
| Listing Date | March 1, 2023 |
| Face Value | ₹10 per share |
| Price | ₹62 per share |
| Lot Size | 2000 Shares |
| Issue Size | 3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr) |
| Fresh Issue | 3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
| Market Maker | SUNFLOWER BROKING PVT. LTD. |
| Company Promoters | Mr. Janakkumar Mahendrakumar Patel, Mr. Rajeshkumar Prabhudasbhai Patel, Mr. Parichaykumar Maganbhai Patel, Mrs. Himaben Janakkumar Patel, Mrs. Nirmaben Rajeshkumar Patel and Mrs. Kenaben Parichaykumar Patel are the promoters of the company. |
Viaz Tyres IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-20 | 2429.97 | 1994.37 |
31-Mar-21 | 2713.32 | 2917.26 |
31-Mar-22 | 2898.38 | 2933.04 |
30-Sep-22 | 3405.87 | 2379.1 |
Amount in ₹ Lakhs | ||
Profit After Tax | Net Worth | Total Borrowing |
14.51 | 432.93 | 1895.94 |
60.64 | 493.56 | 2047.89 |
146.91 | 640.47 | 1996.09 |
152.72 | 1098.19 | 2003.36 |
Amount in ₹ Lakhs | ||
Viaz Tyres IPO Key Ratios
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 |
Listing Performance of Viaz Tyres IPO
Listed On : NSE SME
Issue Price : ₹62 per share
Listing Day Close : NA
Listing Day Gain : NA
Viaz Tyres IPO ISIN Number Code
NSE : NA
ISIN CODE : INE0MO401019
BSE : NA
Viaz Tyres IPO Allotment Status
Viaz Tyres IPO Important Dates
Opening Date | Feb 16, 2023 |
Closing Date | Feb 21, 2023 |
Basis of Allotment | Feb 24, 2023 |
Initiation of Refunds | Feb 27, 2023 |
Credit of Shares to Demat | Feb 28, 2023 |
Listing Date | Mar 1, 2023 |
Viaz Tyres IPO Contact Details
915/916, Maple Trade,
Near Surdhara Circle, SAL Hospital Road,
Thaltej, Ahmedabad, 380059
Phone: 079-46016174
Email: cs@viaztyres.com
Website: https://www.viaztyres.com/
Viaz Tyres IPO Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: viaztyres.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Viaz Tyres IPO FAQ's
The Viaz Tyres Limited IPO is a NSE SME IPO of ₹62 per equity share with a face value of 10 per equity share.
The issue size is priced at ₹3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr).
The fresh issue size priced at ₹3,226,000 shares of ₹10 (aggregating up to ₹20.00 Cr).
The initial public offering (IPO) begins on Feb 16, 2023 and closes on Feb 21, 2023 . The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Viaz Tyres Limited IPO opens on Feb 16, 2023.
Viaz Tyres Limited IPO Market lot size is 2000 Shares.
The finalization of Basis of Allotment for Chaman Metallics IPO will be done on Feb 24, 2023 and the allotted shares will be credited to your demat account by Feb 28, 2023. Check the Viaz Tyres Limited IPO status.
The Viaz Tyres Limited IPO listing date is on Mar 1, 2023.
Viaz Tyres Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Viaz Tyres IPO Comments
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