Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
VK Tyre India Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.47 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.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 VK Tyre 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 | 47,20,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 47,20,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,31,25,000 shares |
| Share Holding Post Issue | 1,78,45,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| SEBI/Exchange approval received | Thu, Jan 1, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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 and also hold export-related certifications like SONCAP (Nigeria), REACH & EU Homologation (Europe), and SASO (Saudi Arabia).
Markets and Sales: Domestically, products are sold over 28 states and 6 union territories and also export to North America, Latin America, Europe, Middle East and South East Asia.
Competitive Strengths:
VK Tyre India Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 7% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 87.45 | 75.29 | 61.66 |
| Total Income | 122.81 | 105.16 | 82.24 |
| Profit After Tax | 5.33 | 5.00 | 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 |
| 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 of capital expenditure towards installation of machinery for manufacturing of radial tyres and modernization of existing machinery | 19.62 |
| 2 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 31.74% |
| ROCE | 15.58% |
| Debt/Equity | 2.31 |
| RoNW | 27.39% |
| PAT Margin | 4.45% |
| EBITDA Margin | 8.68% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
VK Tyre IPO is a SME IPO of 47,20,000 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 VK Tyre IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in VK Tyre IPO using UPI as a payment gateway. Zerodha customers can apply in VK Tyre IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in VK Tyre IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The VK Tyre IPO dates are not announced. Please check back again after some time.
VK Tyre IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in VK Tyre 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 VK Tyre IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the VK Tyre IPO allotment status.
The VK Tyre IPO listing date is not yet announced. The tentative date of listing is .
