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Viaz Tyres Ltd Tyres
₹ 65.15 -1.10 (-1.66%)
  • NSE
  • BSE

Overview

  • BSE Code 78215
  • NSE Symbol VIAZ
  • ISIN Demat INE0MO401019
  • Book Value (₹)
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.)
  • P/E (TTM)
  • EPS (TTM)
  • Div Yield (%)

Performance

Today’s Low 63.20
Today’s High 66.00

65.15
52W Low 49.30
52W High 73.50

65.15
Open 66.00
Prev. Close 66.25
Volume 8,000.00

Corporate Actions

Viaz Tyres Limited - Disclosure under SEBI Takeover Regulations
Apr 24, 2025

Janakkumar Mahendrakumar Patel has Submitted to the Exchange a copy of Disclosure under Regulation 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

About Viaz Tyres Ltd

Viaz Tyres Limited was formerly incorporated as 'Viaz Tubes Private Limited' dated August 29, 2018, as registered with the Registrar of Companies. Pursuant to a Special Resolution, name of the Company changed to 'Viaz Tyres Private Limited' dated May 23, 2022. Subsequently, Company converted to public limited and consequently, its name was changed to 'Viaz Tyres Limited' dated June 14, 2022 with the Registrar of Companies, Ahmedabad.

the Company was originally formed by Mr. Keval Manuprasad Bhatt and Mr. Vaibhav Girish Kanakia in 2018. Subsequently, existing promoters of company, Mr. Parichaykumar Maganbhai Patel, Mrs. Himaben Janakkumar Patel, Mrs. Nirmaben Rajeshkumar Patel and Mrs. Kenaben Parichaykumar Patel acquired the business by acquiring Equity Share of the Company in 2019 and later, Mr. Janakkumar Mahendrabhai Patel and Mr. Rajeshkumar Prabhudasbhai Patel acquired control by acquiring Equity Shares in 2021.

the Company is engaged in manufacturing of rubber tubes for bicycles, two and three wheelers, passenger vehicles and heavy load industrial vehicles. It deal in ancillary products like Off The Road (OTR) Tyre tubes and Animal Driven Vehicle (ADV) Tubes, Engine Oil and Grease on white labeling bases. It has production unit with latest installed capacity of manufacturing 7,00,000 Tube per Month, located at Nandasan near Ahmedabad.

Further, the Company started selling bicycle tyre which got manufactured on job work basis, depending upon the market demands. It sold rubber tubes, bicycle tyres and ancillary products under the brand name, 'Viaz' in domestic as well as overseas markets. Thereafter, it had ventured into trading of Tyres through exclusive distributorship of Maxxis Rubbers Private Limited tyres for Turkey.

Company launched an IPO by issuing 32,26,000 Equity Shares of face value of Rs 10 each by raising funds to Rs 20 Cr in February, 2023.

the Company has recently ventured into trading of Tyres through exclusive distributorship of Maxxis Rubbers Private Limited tyres for Turkey. It has started the said business operations in the financial year 2022-23.

Founded: 2018
Chairman: Janakkumar Mahendrabhai Patel
Managing Director: Janakkumar Mahendrabhai Patel
Address: 915/916 Maple Trade Thaltej, Nr.Surdhara Circle SAL Hosp.Rd, Ahmedabad, Gujarat, 380059,