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VIAZSME / NSEListed

Viaz Tyres Limited

Incorporated in 2018, Viaz Tyres Limited is an Ahmedabad-based company engaged in manufacturing rubber tubes for bicycles, two- and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. The company also produces ancillary products such as Off The Road (OTR) tyre tubes, Animal Driven Vehicle (ADV) tubes, engine oil, and grease on a white-label basis. Its products, including rubber tubes and bicycle tyres, are sold under the brand name "Viaz" in domestic and international markets. The company operates a production facility at Nandasan near Ahmedabad, Gujarat, with an installed capacity of 700,000 tubes per month, supported by 15 domestic distributors and a presence in five countries: USA, Turkey, Romania, UAE, and Colombia. Viaz Tyres has also started trading tyres through an exclusive distributorship of Maxxis Rubbers Private Limited in Turkey.

₹62 - ₹625.77x sub
Listed Price68.00
Listing Gain+9.68%
TimelineFixed Price IPO
Open16 Feb 2023
Close21 Feb 2023
Allotment24 Feb 2023
Listing01 Mar 2023

Quota Reservation Portions

Market MakerPortion: 1,62,000 shares
5.02%
Nii (hni)Portion: 15,32,000 shares
47.49%
RetailPortion: 15,32,000 shares
47.49%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,24,000
HNI2 lots / 4,000 shares
₹2,48,000

About the Company

Incorporated in 2018, Viaz Tyres Limited is an Ahmedabad-based company engaged in manufacturing rubber tubes for bicycles, two- and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. The company also produces ancillary products such as Off The Road (OTR) tyre tubes, Animal Driven Vehicle (ADV) tubes, engine oil, and grease on a white-label basis. Its products, including rubber tubes and bicycle tyres, are sold under the brand name "Viaz" in domestic and international markets. The company operates a production facility at Nandasan near Ahmedabad, Gujarat, with an installed capacity of 700,000 tubes per month, supported by 15 domestic distributors and a presence in five countries: USA, Turkey, Romania, UAE, and Colombia. Viaz Tyres has also started trading tyres through an exclusive distributorship of Maxxis Rubbers Private Limited in Turkey.

Company Promoters

Mr. Janakkumar Mahendrakumar PatelMr. Rajeshkumar Prabhudasbhai PatelMr. Parichaykumar Maganbhai PatelMrs. Himaben Janakkumar PatelMrs. Nirmaben Rajeshkumar PatelMrs. Kenaben Parichaykumar Patel