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graph-market IPO

Viaz Tyres Ltd

Registered Office: 915/916 Maple Trade Thaltej,Nr.Surdhara Circle SAL Hosp.Rd, Ahmedabad - 380059, Gujarat, India.
Phone : 91-79-46016174   Fax:
Email :  cs@viaztyres.com  
Website :  www.viaztyres.com

Public issue of 32,26,000 equity shares of face value of Rs. 10/- each of Viaz Tyres Limited ("VTL" or the "Company" or the "Issuer") for cash at a price of Rs. 62 per equity share including a share premium of Rs. 52 per equity share (the "Issue Price") aggregating to Rs. 20.00 crores ("The Issue"), of which 1,62,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 62 per equity share including a share premium of Rs. 52 per equity share aggregating to Rs. 1.00 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 30,64,000 equity shares of face value of Rs. 10/- each at a price of Rs. 62 per equity share including a share premium of Rs. 52 per equity share aggregating to Rs. 19.00 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.33% and 25.01% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 62. the issue price is 6.2 times of the face value. Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Feb-23 21-Feb-23 62.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 19.40 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 20.00  
Post Issue Equity Share Capital 12.25  
Issue Price 62.00  

Projects

  • Repayment or Prepayment or part repayment of Loan
  • To meet Working Capital Requirements
  • General Corporate Purposes

Promoted By

Janakkumar Mahendrabhai Patel

Rajeshkumar Prabhudasbhai Pate

Parichaykumar Maganbhai Patel

Listing At

NSE - SME

Registrar to the Issue

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