Viaz Tyres IPO GMP, Date, Price, Review, Allotment 2023

Viaz Tyres IPO

Table of Contents

Viaz Tyres IPO Details: Viaz Tyres IPO date is fixed, The IPO will open on February 16 and will close on February 21, 2023. Viaz Tyres is an NSE SME IPO to raise ₹20.00 crores via IPO. The Viaz Tyres IPO price band is fixed at ₹62 with a market lot of 2000 shares.

Viaz Tyres Limited is one of the leading manufacturers of superior quality and a wide range of butyl tubes for Bicycles, two-wheelers, three-wheelers, automobiles, passenger cars, Light Commercial Vehicles, industrial, and farm equipment in both radial and bias. They are based in Ahmedabad and were incorporated in 2018.

The company also deals in Road (OTR) Tyre tubes and Animal Driven Vehicle (ADV) Tubes, Engine Oil, and Grease on white labeling bases. They sell rubber tubes, bicycle tires, and ancillary products under the brand name “Viaz”. They sell their products in India and international markets with the same brand name. Viaz Tyres manufacturing facility is in Nandasan, Gujarat. They have around 15 domestic distributors and have a presence in 5 countries like USA, Turkey, Romania, UAE, and Colombia.

Objects of the Issue:

  • Repayment or Prepayment or part repayment of Loan.
  • To Meet Working Capital Requirements.
  • General Corporate Purposes.
  • To meet Public Issue Expenses.

Viaz Tyres IPO Review

  • May Apply

Viaz Tyres IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
1 March₹2₹-₹-

Viaz Tyres IPO Date & Price Band Details

IPO Open:February 16, 2023
IPO Close:February 21, 2023
IPO Size:Approx ₹20.00 Crores, 3,226,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹62 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Viaz Tyres IPO Market Lot

The Viaz Tyres IPO minimum market lot is 2000 shares with a ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹124,000
Retail Maximum12000₹124,000
S-HNI Minimum24000₹248,000

Viaz Tyres IPO Dates

The Viaz Tyres IPO date is February 16 and the IPO close date is February 21. The IPO allotment date is February 24 and the IPO might list on March 1.

IPO Open Date:February 16, 2023
IPO Close Date:February 21, 2023
Basis of Allotment:February 24, 2023
Refunds:February 27, 2023
Credit to Demat Account:February 28, 2023
IPO Listing Date:March 1, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Viaz Tyres IPO Form

How to apply Viaz Tyres IPO? You can apply Viaz Tyres IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Viaz Tyres IPO in the Invest section. The other option you can apply Viaz Tyres IPO via IPO forms download via the NSE website. Check out the Viaz Tyres forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Viaz Tyres Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹19.94₹19.75₹0.15
2021₹29.17₹28.53₹0.61
2022₹29.33₹27.32₹1.47
2023 6M₹23.79₹21.75₹1.53

Viaz Tyres IPO Valuation – FY2022

Check Viaz Tyres IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹1.72 per Equity Share
Price/Earning P/E Ratio:36.05
Return on Net Worth (RoNW):22.94%
Net Asset Value (NAV):₹7.51 per Equity Share

Peer Group

  • NA

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

Viaz Tyres IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Viaz Tyres IPO Allotment Status

Check Viaz Tyres IPO allotment status on Linkintime website URL. Click Here

Viaz Tyres IPO Lead Managers

  • Beeline Capital Advisors Pvt Ltd

Company Address

Viaz Tyres Limited
915/916, Maple Trade,
Near Surdhara Circle, SAL Hospital Road,
Thaltej, Ahmedabad, 380059
Phone: 079-46016174
Email: [email protected]
Website: https://www.viaztyres.com/

Viaz Tyres IPO FAQs


What is Viaz Tyres IPO?

Viaz Tyres IPO is an NSE SME IPO. They are going to raise ₹20.00 Crores via IPO. The issue is priced at ₹62 per equity share. The IPO is to be listed on NSE.

When Viaz Tyres IPO will open?

The IPO is to open on February 16, 2023 for NII, and Retail Investors.

What is Viaz Tyres IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the 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 Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Viaz Tyres”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Viaz Tyres IPO through Upstox?

Log in to Upstox 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 Upstox.

How to Apply the Viaz Tyres IPO through Paytm Money?

Log in to Paytm Money 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 Paytm Money.

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 per equity share.

What is Viaz Tyres IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹124,000.

What is Viaz Tyres IPO Allotment Date?

Viaz Tyres IPO allotment date is February 24, 2023.

What is Viaz Tyres IPO Listing Date?

Viaz Tyres IPO listing date is March 1, 2023. The IPO to list on NSE SME.

Note: The Viaz Tyres IPO details are announced officially. The IPO grey market premium (Viaz Tyres IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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