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VK Tyre IPO IPO

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Allotment
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Listing
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Issue Size
47,20,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets87.4575.2961.66
Total Income122.81105.1682.24
Profit After Tax5.335.001.62
EBITDA10.4111.865.32
NET Worth19.4714.149.13
Reserves and Surplus6.356.641.63
Total Borrowing45.0337.9733.88
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding of capital expenditure towards installation of machinery for manufacturing of radial tyres and modernization of existing machinery19.62
2General Corporate Purpose

About VK Tyre IPO

Founded in 2014, VK Tyre is a tyre manufacturing company based in Muradnagar, Uttar Pradesh, India. The company manufactures tyres for a wide range of vehicles, including Off-the-Road (OTR) vehicles used in agriculture, construction, and mining, Commercial vehicles like trucks, small and light commercial vehicles (SCVs and LCVs), and heavy vehicles (HCVs), and Two-wheelers and three-wheelers, including motorcycles, scooters, e-rickshaws, and e-bikes. It also trade tubes and flaps. The company sells its products under different brand names like Pradhan Plus, Agri King, Flotking, Speedking, Milestar, Mine Gold, Smart Rider, Power Rider Plus, etc. It supply products to OEMs (Original Equipment Manufacturers) and replacement markets through distributors, retailers, fleet operators, and online platforms like Flipkart. Manufacturing facility: Its factory is located in Muradnagar, Ghaziabad, and covers 14,530 square meters with a daily production capacity of 24 metric tonnes. It is equipped with modern machines for tyre production and testing. We follow strict quality control processes from raw materials to finished products. The facility is certified with ISO 9001:2015 and ISO 14001:2015

Contact Details

VK Tyre India Ltd. AddressPawan Puri Behind Sybly Industries Ltd,Murad NagarGhaziabad, Uttar Pradesh, 20120601232-29733031info@vktyre.comVisit Website