Viaz Tyres Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

16 Feb 2023

Close Date

21 Feb 2023

Allotment

24 Feb 2023

Listing Date

01 Mar 2023

Exchange

NSE SME

Price Band

₹62

Listing Price

See chart

Allotment Status

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Price Band

₹62

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

32,26,000 shares (aggregating up to ₹20.00 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹124,000

1 lot

Pre-IPO Holding

90,25,000 shares

Promoters

Post-IPO Holding

1,22,51,000 shares

Promoters

P/E (Pre)

24.9x

UPI Deadline

2023-02-21

Mandate

Anchor AllotmentWed, 15 Feb 2023

Basis of AllotmentFri, 24 Feb 2023

Refund InitiationMon, 27 Feb 2023

Demat CreditTue, 28 Feb 2023

Listing DayWed, 01 Mar 2023

UPI Mandate Deadline2023-02-21

Sale TypeFresh Capital

Net Offer to Public30,64,000 shares (aggregating up to ₹19.00 Cr)

Market Maker Quota1,62,000 shares (aggregating up to ₹1.00 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Viaz Tyres Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Feb 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	162,000	—	₹1.00
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,226,000	100%	₹20.00

IPO Shares Offered

Viaz Tyres Ltd IPO total issue size: ₹20.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	162,000	₹1.00	5.02%
Total	3,226,000	₹20.00	100.00%

* Based on upper price band ₹62 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹62.00

Upper Band

Min Investment

₹124,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹248,000
Retail (Max — 13 Lots)	13	26,000	₹1,612,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,736,000
B-HNI (Min — 68 Lots)	68	136,000	₹8,432,000

* Issue Price ₹62 × Lot Size 2,000 shares

IPO Schedule

Anchor

15 Feb 2023

✓ Done

IPO Open

16 Feb 2023

✓ Done

IPO Close

21 Feb 2023

✓ Done

Allotment

24 Feb 2023

✓ Done

Refunds

27 Feb 2023

✓ Done

Demat Credit

28 Feb 2023

✓ Done

Listing Day

01 Mar 2023

✓ Done

₹62.00

INR · NSE

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Issue ₹62.00 Live Price

About Viaz Tyres Ltd

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.

Objects of the Issue

Repayment or Prepayment or part repayment of Loan

To Meet Working Capital Requirements

General Corporate Purpose

Public Issue Expenses

Viaz Tyres Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹2,917.3

31-Mar-21

₹2,933.0

31-Mar-22

₹2,379.1

30-Sep-22

Profit After Tax (PAT)

₹60.6

31-Mar-21

₹146.9

31-Mar-22

₹152.7

30-Sep-22

Particulars	30-Sep-22	31-Mar-22	31-Mar-21
Revenue from Operations	2379.10	2933.04	2917.26
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	152.72	146.91	60.64
Net Worth	1098.19	640.47	493.56
Total Assets	3405.87	2898.38	2713.32
Reserves & Surplus	N/A	N/A	N/A
Borrowings	2003.36	1996.09	2047.89
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered32,26,000 (100.00%)

Net Offer to Public30,64,000 shares (aggregating up to ₹19.00 Cr)

Reserved for Market Maker1,62,000 shares (aggregating up to ₹1.00 Cr)

Pre-Issue Promoter Holding90,25,000 shares

Post-Issue Promoter Holding1,22,51,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

viaztyres.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Beeline Capital Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Viaz Tyres Ltd IPO subscribed? ▲

Viaz Tyres Ltd IPO is subscribed 1.00 times by Feb 21, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Viaz Tyres Ltd IPO retail subscription status? ▼

The Viaz Tyres Ltd IPO retail category is subscribed 1.00 times as of 21 Feb 2023. The retail portion is oversubscribed.

How to subscribe Viaz Tyres Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 16 Feb 2023 and closes 21 Feb 2023. Min investment: ₹124,000 (1 lot = 2,000 shares). UPI mandate: 2023-02-21.

How many times Viaz Tyres Ltd IPO subscribed? ▼

The Viaz Tyres Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Viaz Tyres Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Feb 2023. Refunds: on 27 Feb 2023.

When Viaz Tyres Ltd IPO will be listed? ▼

The Viaz Tyres Ltd IPO listing date is 01 Mar 2023, Wednesday. Listed on: NSE SME. Issue price: ₹62. Estimated listing: ₹62. GMP: NIL.

When Viaz Tyres Ltd IPO close? ▼

The Viaz Tyres Ltd IPO closes on 21 Feb 2023, Tuesday. UPI mandate: 2023-02-21. Allotment: 24 Feb 2023. Listing: 01 Mar 2023.

Quick Actions

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Live Price LIVE

Last Price₹62.00

Change—

Issue Price₹62.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹62

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹124,000

GMPNIL

Est. Listing₹62

Subscribed1.00x

Open Date16 Feb 2023

Close Date21 Feb 2023

Allotment24 Feb 2023

Listing Date01 Mar 2023

ExchangeNSE SME

UPI Deadline2023-02-21