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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹20.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹20.00 Cr |
| Fresh Issue | ₹19.00 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹62.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | VIAZ |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 25.91% |
| ROCE | 19.98% |
| Debt / Equity | 3.12% |
| RoNW | 22.94% |
| PAT Margin | 5.03% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 1.72 | |
| P/E (x) | 24.9 | |
| Promoter Holding | 99.2% | 73.07% |
| Market Cap | ₹75.96 Cr. | |
