What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Viaz Tyres Limited IPO?

Based on the upper price band of ₹62 and current GMP of ₹1, the estimated listing price is ₹63 (approx. 1.6% gain).

What is the expected profit per lot for Viaz Tyres Limited IPO?

With a lot size of 2000 shares and current GMP of ₹1, expected profit per retail application lot is approximately ₹2,000.

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Grey Market Intelligence

Viaz Tyres Limited

ListedSME

Automotive & Auto Components · NSE

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.

Price Band

₹62

Issue Size

₹20.00 Cr

Lot Size

2000 shares

GMP

₹1

+1.6%

Est. Listing

₹63

at current GMP

Subscribed

5.77x

overall

Open

16 Feb 2023

21 Feb 2023

Allotment

24 Feb 2023

Refund

25 Feb 2023

Demat Credit

26 Feb 2023

Listing

1 Mar 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Viaz Tyres Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹1+1.6%

Issue Price (Upper)

₹62

Band: ₹62

Estimated Listing Price

₹63

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,24,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹1	1.6%	₹63
30 Oct 2026	+₹1	1.6%	₹63
29 Oct 2026	+₹1	1.4%	₹63

About Viaz Tyres Limited Public Issue & Market Profile

Viaz Tyres Limited is bringing an initial public offering (IPO) in the Automotive & Auto Components sector with an aggregate issue size of ₹20 Crores. The shares are offered at a price band of ₹62 to ₹62 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2023-02-21, the basis of allotment is scheduled to be finalized on 2023-02-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Viaz Tyres Limited IPO GMP today?

The latest grey market premium for Viaz Tyres Limited IPO is ₹1, which indicates an expected listing price of ₹63.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.