Issue Price
₹62
Per Share
GMP
NIL
Grey Market
Est. Listing
₹62
Expected Price
Min. Application
₹248,000
2 lots × 2000 shares
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.
Viaz Tyres Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 162,000 | — | ₹1.00 Cr | — |
| TOTAL | 3,226,000 | 100.00% | ₹20.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹124,000 |
| Retail (Max) | 13 | 26,000 | ₹1,612,000 |
| sNII (Min) | 14 | 28,000 | ₹1,736,000 |
| bNII (Min) | 68 | 136,000 | ₹8,432,000 |
| 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 |
| Total Borrowings | 2003.36 | 1996.09 | 2047.89 |