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Open
16 Feb 2023
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Close
21 Feb 2023
3
Allotment
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Listing
Wed, Mar 1, 2023
Price Band
₹62 per share
Issue Size
32,26,000 shares (agg. up to ₹20 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Mar 1, 2023
Latest GMP
₹2
Est. Gain
3.23%
✦ AI Insight
GMP Trend
01-03-2023₹2Est. ₹64+3.23%
28-02-2023₹2Est. ₹64+3.23%
27-02-2023₹2Est. ₹64+4.03%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.73x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 34.06 | 28.98 | 27.13 | 24.30 |
| Total Income | 23.79 | 29.33 | 29.17 | 19.94 |
| Profit After Tax | 1.53 | 1.47 | 0.61 | 0.15 |
| NET Worth | 10.98 | 6.40 | 4.94 | 4.33 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 20.03 | 19.96 | 20.48 | 18.96 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or Prepayment or part repayment of Loan | 9.50 |
| 2 | To Meet Working Capital Requirements | 5.00 |
| 3 | General Corporate Purpose | 4.90 |
| 4 | Public Issue Expenses | 0.60 |
About Viaz Tyres IPO
Incorporated in 2018, 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.+ Read More
Contact Details
Viaz Tyres Ltd. Address915/916, Maple TradeNear Surdhara Circle, SAL Hospital RoadThaltejAhmedabad, Gujarat, 380059079-46016174cs@viaztyres.comVisit Website