VK Tyre India Limited Link 
Allotment
The exchange has approved the Initial Public Offer (IPO) of VK Tyre India Ltd. on January 1, 2026. The company will proceed with the IPO, subject to market conditions and other necessary approvals. The exchange approval is valid for 12 months from the date of approval.
The IPO is a book-built issue consisting entirely of a fresh issue of up to 0.47 crore equity shares. The shares are proposed to be listed on the BSE SME platform.
Managers & Registrar
Book Running Lead Manager: Hem Securities Ltd.
Registrar: Bigshare Services Pvt. Ltd.
Note: Key details such as IPO dates, price band, and lot size are yet to be announced.
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IPO Details
| IPO Date | |
| IPO Listing Date | |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | - |
| IPO Issue Size | 47,20,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 1,31,25,000 shares |
IPO Timeline
| IPO Open Date | |
| IPO Close Date | |
| IPO Allotment (Tentative) | |
| Refunds | |
| Credit to Demat Account | |
| IPO Listing Date |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 35% of the Issue |
| Retail Shares Offered | Not less than 15% of the Net Issue |
IPO Lot Size
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | - | - | - |
| Retail (Max) | - | - | - |
| S-HNI (Min) | - | - | - |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Founded in 2014, VK Tyre India Ltd. is a tyre manufacturing company based in Muradnagar, Uttar Pradesh. The company produces tyres for a wide range of vehicles, including:
Off-the-Road (OTR) vehicles used in agriculture, construction, and mining
Commercial vehicles such as trucks, small and light commercial vehicles (SCVs/LCVs), and heavy commercial vehicles (HCVs)
Two-wheelers and three-wheelers, including motorcycles, scooters, e-rickshaws, and e-bikes
Tubes and flaps for various vehicles
The company markets its products under several brand names, including Pradhan Plus, Agri King, Flotking, Speedking, Milestar, Mine Gold, Smart Rider, Power Rider Plus, among others. VK Tyre caters to both OEMs (Original Equipment Manufacturers) and replacement markets, distributing through dealers, retailers, fleet operators, and e-commerce platforms like Flipkart.
Manufacturing Facility
VK Tyre operates a factory in Muradnagar, Ghaziabad, spanning 14,530 m² with a daily production capacity of 24 metric tonnes. The facility is equipped with modern machinery for tyre production and testing, ensuring strict quality control from raw material to finished product. Certifications include:
ISO 9001:2015 (Quality Management)
ISO 14001:2015 (Environmental Management)
Export Certifications: SONCAP (Nigeria), REACH & EU Homologation (Europe), SASO (Saudi Arabia)
Markets and Sales
VK Tyre distributes domestically across 28 states and 6 union territories and exports to North America, Latin America, Europe, the Middle East, and Southeast Asia, establishing a global footprint.
Competitive Strengths
Global Revenue Streams: Strong presence across multiple geographies
Diverse Product Portfolio: Wide range of tyres with customized offerings
Quality and Certifications: Adherence to international standards for manufacturing and exports
In-house Manufacturing Capabilities: Complete control over production processes ensures quality and efficiency
Strong Distribution Network: Extensive domestic and international reach through distributors, retailers, fleet operators, and e-commerce
Experienced Management Team: Dedicated leadership driving growth and operational excellence
Company Financials (Consolidated)
| Assets | 87.45 | 75.29 | 61.66 |
| Total Income | 122.81 | 105.16 | 82.24 |
| Profit After Tax | 5.33 | 5 | 1.62 |
| EBITDA | 10.41 | 11.86 | 5.32 |
| NET Worth | 19.47 | 14.14 | 9.13 |
| Reserves and Surplus | 6.35 | 6.64 | 1.63 |
| Total Borrowing | 45.03 | 37.97 | 33.88 |
Key Performance Indicator (KPI)
| ROE | 31.74% |
| ROCE | 15.58% |
| Debt/Equity | 2.31 |
| RoNW | 27.39% |
| PAT Margin | 4.45% |
| EBITDA Margin | 8.68% |
| Price to Book Value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 19.62 |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
VK Tyre India Ltd. Address
Pawan Puri Behind Sybly Industries Ltd,
Murad Nagar
Ghaziabad, Uttar Pradesh, 201206
01232-29733031
info@vktyre.com
http://www.vktyre.com/
Detail Registrar
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html
The VK Tyre India IPO has been approved by the exchange on January 1, 2026, but key details like price band, lot size, and IPO dates are yet to be announced.
The IPO consists of a fresh issue of up to 47,20,000 equity shares, which will be listed on the BSE SME platform, subject to market conditions and approvals.
Proceeds will be primarily used for capital expenditure to install machinery for manufacturing radial tyres, modernizing existing machinery, and for general corporate purposes.
Hem Securities Ltd. is the book-running lead manager, and Bigshare Services Pvt. Ltd. is the registrar responsible for processing applications, allotment, and investor-related queries.
VK Tyre India manufactures tyres for OTR vehicles, commercial vehicles, two- and three-wheelers, and tubes/flaps. Products are sold across India and exported globally to multiple continents.
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