Mahansaria Tyres

What Mahansaria Tyres does

Mahansaria Tyres is a Mumbai, India-based private tyre manufacturer founded in 2017. The company produces tyres for automobiles used in the construction, industrial, and agricultural sectors — i.e., the off-highway tyre (OHT) category — and markets its products under the "Ascenso" brand through the ascensotyres.com website. With a headcount band of 101-250, it operates as a focused mid-scale manufacturer rather than a diversified tyre conglomerate.

The company is structured as a for-profit private entity with its operating base in Mumbai. Product detail, portfolio composition, manufacturing footprint, and technical specifications are not disclosed in the available source data; the only verifiable product reference is the Ascenso brand and its associated homepage. Praveen B Soral is listed as CTO, indicating a deliberate investment in technical leadership for what is fundamentally a materials-and-process manufacturing business.

The business model — pricing, go-to-motion, customer mix, distribution channels, and revenue mechanics — is not disclosed in the source material. The company sells into OEM and replacement channels typical of the OHT segment (construction equipment, industrial vehicles, agricultural machinery), but no named customers, distributors, pricing tiers, or revenue figures are available to substantiate a more granular model. Ownership structure, investors, and funding history are also not disclosed.

Name

Mahansaria Tyres

Legal name

Ascenso

Website

https://ascensotyres.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Mahansaria Tyres is a Mumbai-based private tyre manufacturer (founded 2017) that produces off-highway tyres for construction, industrial, and agricultural vehicles, marketed under its "Ascenso" brand.

Ownership category

akta.pro rank

Product category

Tyre Manufacturing

NAICS

Tire Manufacturing (32621), Tire Manufacturing (except Retreading) (326211)

SIC

Tires & Inner Tubes (3011)

akta.pro primary industry

Off-the-Road (OTR) & Heavy Equipment Tires Manufacturing (IMANAKAD)

akta.pro secondary industries

Agricultural Tires Manufacturing (IMANAKAE), Industrial/Solid & Specialty Tires (Forklift, Skid-Steer) Manufacturing (IMANAKAI)

Keywords

• Off-road tyres
• Industrial tyres
• Agricultural tyres
• Construction vehicle tyres
• Tyre manufacturing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Core offering

Mahansaria Tyres manufactures tyres for automobiles serving the construction, industrial, and agricultural sectors. The company sells its products under the Ascenso brand via its website ascensotyres.com. Specific product lines, sizes, and technical specifications are not disclosed in available source data.

Product overview

Mahansaria Tyres offers the Ascenso brand of tyres. The source data is extremely limited, providing only the brand name and website URL without details on the product architecture, product types, or portfolio composition.

Differentiator

Problem solved

Functional benefit

Products and services

• Ascenso Tyres

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Direct peers

• TVS Srichakra: Indian specialty tire manufacturer focused on two-wheeler, off-road, and industrial tires. Comparable to Mahansaria Tyres as a smaller Indian player in specialty tire categories with both domestic and export orientation.
• Balkrishna Industries (BKT): Indian-based global leader in off-the-road, agricultural, industrial, and construction tires — directly comparable as a specialty tire manufacturer serving the exact same end markets (construction, industrial, agricultural) as Mahansaria Tyres, and the dominant Indian benchmark for Ascenso.
• Alliance Tire Group (Yokohama-OHT): Specialty tire manufacturer (now part of Yokohama) with strong focus on agricultural, OTR, and industrial tires — a direct global peer for Mahansaria Tyres in the same product categories and customer segments.
• Maxam Tire: Specialty tire maker focused on OTR, agricultural, and industrial applications. Comparable as an emerging-to-mid scale global peer operating in the same niche product segments as Mahansaria Tyres.

Broad incumbents

• Continental AG: Global tire and industrial rubber products manufacturer with significant presence in agricultural, OTR, and specialty tires via its ContiTech and tire divisions. Comparable as a large diversified incumbent in the same end-market categories.
• Bridgestone Corporation: Global tire leader with extensive OTR, agricultural, and industrial tire product lines. Comparable as a broad incumbent whose specialty portfolio overlaps directly with Mahansaria Tyres' categories.
• MRF Limited: One of India's largest tire manufacturers with a broad portfolio including OTR, agricultural, and industrial tires. While primarily known for passenger and truck tires, its specialty segment overlaps directly with Mahansaria Tyres' offering, making it a relevant incumbent peer.
• CEAT Limited: Indian tire manufacturer (RPG Group) with established OTR and agricultural tire product lines. Comparable as a domestic Indian incumbent operating in the same specialty segments as Mahansaria Tyres.
• JK Tyre & Industries: Indian tire manufacturer with growing presence in OTR and off-highway segments. Comparable as another domestic broad-line competitor whose specialty offerings compete for the same construction and industrial customers.
• Apollo Tyres: Major Indian tire maker with significant presence in commercial, OTR, and agricultural segments globally. Comparable as a large Indian-headquartered peer expanding in the same specialty categories Mahansaria Tyres targets.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mahansaria Tyres