Vk Tyre India Limited

Manufacturer of tires for various vehicles, with a monthly capacity of 45,000 pieces.

2014 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated: November 16, 2024

Vk Tyre India Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 10 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 108.00 Cr
  • Satisfied Charges ₹ 14.50 Cr
  • Revenue Growth 21.31%
  • Profit Growth -4.08%
  • Ebitda 593.03%
  • Net Worth 21.73%
  • Total Assets 23.34%

About Vk Tyre India

Vk Tyre India Limited (VTIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 August 2014 and has a history of Ten years and six months. Its registered office is in Ghaziabad, Uttar Pradesh, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.50 Cr.

The company currently has active open charges totaling ₹108.00 Cr. The company has closed loans amounting to ₹14.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raj Kumar, Sushant Dhingra, and Prashant Dhingra serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vktyre.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25203UP2014PLC065687

  • Company No.

    065687

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

Who are the key members and board of directors at Vk Tyre India?

Executive Team (1)

NameDesignationAppointment DateStatus
Raj Kumar Country flag representing In Managing Director26-Aug-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Sushant Dhingra Country flag representing In Director 26-Aug-2014Current
Prashant Dhingra Country flag representing In Director 26-Aug-2014Current

Financial Performance of Vk Tyre India.

Vk Tyre India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.31% increase. The company also saw a slight decrease in profitability, with a 4.08% decrease in profit. The company's net worth Soared by an impressive increase of 21.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.31%
Revenue from Operations
22.15%
Total Assets
23.34%
Profit or Loss
-4.08%
Net Worth
21.73%
EBITDA
593.03%

What is the Ownership and Shareholding Structure of Vk Tyre India?

In 2023, Vk Tyre India had a promoter holding of 69.60% and a public holding of 30.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹108.00 Cr

Satisfied Charges

₹14.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 59.06 Cr
  • Others : 48.94 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2024Others₹48.94 CrOpen
18 Jan 2023Axis Bank Limited₹0.85 MOpen
18 Jul 2020Axis Bank Limited₹39.68 CrOpen
20 Jul 2019Axis Bank Limited₹0.83 MOpen
18 Mar 2019Axis Bank Limited₹1.01 MOpen

How Many Employees Work at Vk Tyre India?

Vk Tyre India has a workforce of 333 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vk Tyre India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vk Tyre India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vk Tyre India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 48.94 Cr with Charge ID 100864651 was registered on 29 Jan 2024.

    29 Jan 2024

  • Annual General Meeting

    Vk Tyre India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vk Tyre India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100696659 was registered on 18 Jan 2023.

    18 Jan 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 39.68 Cr registered on 18 Jul 2020 with Charge ID 100369632 was modified on 20 Dec 2022.

    20 Dec 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 19.12 Cr registered on 16 Jan 2019 with Charge ID 100233212 was modified on 15 Sep 2021.

    15 Sep 2021

Frequently asked questions

  • Vk Tyre India Limited was incorporated on 26 Aug 2014.

  • The authorized share capital of Vk Tyre India Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.50 Cr.

  • Currently 3 directors are associated with Vk Tyre India Limited.

    • Raj Dhingra Kumar
    • Sushant Dhingra
    • Prashant Dhingra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vk Tyre India Limited is Pawan Puri Behind Sybly Industries Ltd. India, Muradnagar, Uttar Pradesh, 201206.

  • The corporate identification number (CIN) of Vk Tyre India Limited is U25203UP2014PLC065687 and the company number is 065687 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vk Tyre India Limited is https://www.vktyre.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vk Tyre India Limited has risen by 21.31%.

  • As Per 2023 financial reports, 333 employees are currently employed by Vk Tyre India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vk Tyre India Limited has experienced an upsurge of 21.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vk Tyre India Limited amount to ₹ 108.00 Cr.

  • The most recent Balance Sheet for Vk Tyre India Limited was filed with the ROC on 31 Mar 2023.

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