Open Date
16 Feb 2023
21 Feb 2023
2000
₹20.00 Cr
Close Date
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
01 Mar 2023
Price Range
₹62 per share
Incorporated in 2013, Viaz Tyres is engaged in manufacturing of rubber tubes for bicycles, two and three wheeleres, passanger vehicles and heavy load industrial vehicles. Apart from this, the company 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, and it started selling bicycle tyres which are manufactured on job work basis, depending upon the market demands.
The Viaz Tyres SME IPO comprises of fresh issuance of 3,226,000 shares aggregating upto ₹20 Cr.
The net proceeds from the issue will be utilised towards: • Repayment or Prepayment or part repayment of Loan • To Meet Working Capital Requirements • General Corporate Purpose • To meet Public Issue Expenses
The Viaz Tyres IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹124,000).
Agarwal Float Glass India IPO Promotors are: ● Mr. Janakkumar Mahendrakumar Patel ● Mr. Rajeshkumar Prabhudasbhai Patel ● Mr. Parichaykumar Maganbhai Patel ● Mrs. Himaben Janakkumar Patel ● Mrs. Nirmaben Rajeshkumar Patel ● Mrs. Kenaben Parichaykumar Patel