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Viaz Tyres Ltd

Registered Office : 915/916 Maple Trade Thaltej,Nr.Surdhara Circle SAL Hosp.Rd,Ahmedabad Gujarat 380059 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

Opens On

Closes On

16-Feb-2023

21-Feb-2023

Money Payable On

Application

Allotment

62.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

19.40

20.00

12.25

62.00

Beeline Capital Advisors Pvt Ltd

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

MUFG Intime India Pvt Ltd