Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Vyara Tiles Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.44 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Share India Capital Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Vyara Tiles IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 44,00,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 2,32,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 41,68,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,22,41,740 shares |
| Share Holding Post Issue | 1,66,41,740 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Dec 31, 2024 |
| Offer document withdrawn | Tue, Apr 8, 2025 |
| Filed with SEBI/Exchange | Mon, May 12, 2025 |
| SEBI/Exchange approval received | Fri, Aug 22, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 1989, Vyara Tiles Limited is a leading player in the concrete paving and kerbing industry, with roots dating back to 1968 when it began as a sole proprietorship. The company specializes in a wide array of products including paving blocks, flagstones, cobbles, kerbstones, landscaping tiles, and interior finishes, serving a diverse clientele across municipal, real estate, and corporate sectors.
Vyara operates under two principal brands:
Vyara’s MOTIVO range—also referred to as Encaustic Tiles, Boutique Tiles, or Galicha Tiles—showcases traditionally handcrafted tilework with customizable patterns and vibrant colours, bridging heritage craftsmanship with modern aesthetics.
Vyara Tiles has contributed to several iconic developments, including:
Manufacturing & Infrastructure
The company operates over 100,000 m² of manufacturing infrastructure, featuring:
Vyara Tiles employs 183 professionals, reflecting its medium-scale, quality-focused operations.
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 99.21 | 76.99 | 67.82 | 55.82 |
| Total Income | 85.10 | 94.58 | 83.00 | 62.84 |
| Profit After Tax | 7.11 | 8.51 | 4.35 | 2.85 |
| EBITDA | 17.15 | 17.11 | 13.06 | 8.78 |
| NET Worth | 39.99 | 31.35 | 22.84 | 18.49 |
| Reserves and Surplus | 27.75 | 29.35 | 20.84 | 16.50 |
| Total Borrowing | 37.47 | 29.21 | 32.17 | 24.40 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards Procurement of Plant and Machinery and other Equipments and Mechanical and Electrical Work at various locations. | 21.68 |
| 2 | Repayment of certain borrowing availed by our Company | 9.98 |
| 3 | General Corporate Expenses | |
| 4 | Issue Expenses |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 31.42% |
| ROCE | 17.85% |
| Debt/Equity | 0.93 |
| RoNW | 31.42% |
| PAT Margin | 9.18% |
| EBITDA Margin | 22.30% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 97.85% |
Lead Manager Reports
Vyara Tiles IPO is a SME IPO of 44,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Vyara Tiles IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Vyara Tiles IPO using UPI as a payment gateway. Zerodha customers can apply in Vyara Tiles IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vyara Tiles IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vyara Tiles IPO dates are not announced. Please check back again after some time.
Vyara Tiles IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Vyara Tiles IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vyara Tiles IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vyara Tiles IPO allotment status.
The Vyara Tiles IPO listing date is not yet announced. The tentative date of listing is .
