Tyregrip

Mumbai, India
Offers comprehensive tyre retreading services for various vehicles.

About Tyregrip

Tyregrip was a Transportation, Automotive & Logistics company based in Mumbai (India). It offers comprehensive tyre retreading services for various vehicles. It operates on a B2C model. The company has 33 employees. Its Indian entity Tyre Grip Private Limited reported revenue of β‚Ή5.56 Cr. The company is recorded as dissolved. Its focus areas include Automotive, Tyre Services, Retreading and Maintenance and Repair. Its competitors include TyrePlex, Elgi Rubber and INDAG Rubber; 1 of its 3 listed competitors has raised funding.

Company details

Tyregrip operates with a B2C model, focusing on dealing with automotive parts, tyre services, retreading, and maintaining and repairing structures. Offers comprehensive tyre retreading services for various vehicles. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

  • Headquarters Mumbai, India
  • Employees 33
  • Sectors
    Transportation, Automotive & Logistics
  • Website tyregrip.in
  • Social Facebook
  • Legal Name Tyre Grip Private Limited
  • Date of Incorporation 20 Sep, 2013
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹5.56 Cr

    FY 2024 · -22% YoY

  • Net Profit
    ₹15.4 Lakh

    FY 2024 · 3% margin

  • EBITDA
    ₹92.2 Lakh

    FY 2024 · 17% margin

  • Employee Count
    33

Board of directors of Tyre Grip Private Limited (Tyregrip)

Tyre Grip Private Limited is the primary company behind Tyregrip. The board of Tyre Grip Private Limited currently have 3 directors; the longest-serving is Prasad Gajanan Mahajan, appointed in 2013.

DirectorDesignationAppointedTenureEntity
Prasad Gajanan Mahajan
DIN 06645055
Director20 Sep 201313 yrs 1 moTyre Grip Private Limited
Rajendra Shantilal Sarvaiya
DIN 06644973
Director20 Sep 201313 yrs 1 moTyre Grip Private Limited
Sanjeev Kunder
DIN 06651180
Director20 Sep 201313 yrs 1 moTyre Grip Private Limited

Financials of Tyregrip

Figures of Tyre Grip Private Limited, the primary company behind Tyregrip, for FY 2024. Revenue was ₹5.56 Cr (-22% year on year). Net profit was ₹15.4 Lakh (3% margin). EBITDA was ₹92.2 Lakh (17% margin). Revenue has grown at a compounded annual rate of -10% over three years and -13% over five years.

  • ₹5.56 CrRevenue · FY 2024 · -22% YoY
  • ₹15.4 LakhNet profit · 3% margin
  • ₹92.2 LakhEBITDA · 17% margin
  • ₹10 LakhPaid-up capital
  • 33Employees (provident fund records)
  • -10%Revenue CAGR, 3 years
  • -13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Tyre Grip Private Limited are on its company page.

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Detailed financial statements for Tyregrip

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Competitors of Tyregrip

Tyregrip has 3 listed competitors in our database, 1 of them funded. They include TyrePlex, Elgi Rubber and INDAG Rubber.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tyreplex.com2020Gurugram, India$6.1M55
B2B marketplace for tyre dealers
elgirubber.com2006Coimbatore, India162
Manufacturer of raw material, equipment, tools and accessories for rubber industries
indagrubber.com1978Delhi, India292
Tread rubber, strip gum, and spray cement are manufactured.
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Detailed competitors of Tyregrip

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Frequently Asked Questions about Tyregrip

Tyregrip is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Tyregrip has 33 employees.

The primary company behind Tyregrip, Tyre Grip Private Limited, reported revenue of β‚Ή5.56 Cr for FY 2024, down 22% year on year.

Tyregrip operates with a B2C model, focusing on dealing with automotive parts, tyre services, retreading, and maintaining and repairing structures. Offers comprehensive tyre retreading services for various vehicles. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Tyregrip's top competitors include TyrePlex, INDAG Rubber and Elgi Rubber.

Tyregrip operates through Tyre Grip Private Limited.

The legal entities of Tyregrip currently have 3 directors, including Prasad Gajanan Mahajan, Rajendra Shantilal Sarvaiya, Sanjeev Kunder.

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