About Balance Bikes Private Limited
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Balance Bikes Private Limited is a private limited company based in Jagadhri, Haryana, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 09 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U51909HR2013PTC049769. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mechrail Industries Private Limited. It is led by directors Sugandha Jain and Parul Singal.
Its last annual general meeting (AGM) was held on 20 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. 153 Hsiidc Manakpur, Jagadhri, Haryana, India – 135003.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.05 Lakh, a growth of 114% compared to the previous year. For the same year it recorded a net loss of ₹1,767 (net margin -0.4%) and EBITDA of -₹1,767 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 34% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balancebikes.co.in.
Company details
CIN history
Balance Bikes has one previous CIN (Corporate Identification Number): U28998HR2013PTC049769. The current CIN is U51909HR2013PTC049769, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909HR2013PTC049769 | Current |
| U28998HR2013PTC049769 | Previous |
Contact details
Balance Bikes Private Limited's registered office is in Jagadhri, Haryana. Its website is balancebikes.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 153 Hsiidc Manakpur, Jagadhri, Haryana, India – 135003
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Balance Bikes Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Balance Bikes is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Balance Bikes Private Limited, buy the company report.
Financials of Balance Bikes Private Limited
FY 2021 filings availableBalance Bikes Private Limited reported revenue of ₹4.05 Lakh (up 114% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 114% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 34%. EBITDA fell 141% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹1,767 | ||||
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| Net Profit (PAT) | -₹1,767 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Balance Bikes Private Limited, buy the company report.
Board of directors of Balance Bikes Private Limited
Balance Bikes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sugandha Jain Also directs: Roller Skates Private Limited | Director | 02 Jun 2014 | 12 Years 4 Months | Current |
| Parul Singal Also directs: Roller Skates Private Limited | Director | 01 May 2014 | 12 Years 6 Months | Current |
Peer comparison
Balance Bikes Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tej Shelters Private Limited | ₹4.05 Lakh (FY 2017) | 3140.0% | Mumbai, Maharashtra, India | |||
| Ashakamal Agrovet Private Limited | ₹4.05 Lakh (FY 2020) | Bishnupur, Manipur, India | ||||
| Sen & Pandit Equipment Private Limited | ₹4.05 Lakh (FY 2025) | -56.0% | Patna, Bihar, India | |||
| Imno Foresight Private Limited | ₹4.05 Lakh (FY 2024) | 45.0% | Bangalore, Karnataka, India | |||
| Ishaan Bright Energy (OPC) Private Limited | ₹4.05 Lakh (FY 2024) | 117.0% | Kurukshetra, Haryana, India | |||
| Balance Bikes Private Limitedthis company | ₹4.05 Lakh (FY 2021) | -₹1,767 | -0.4% | 114.0% | Jagadhri, Haryana, India | |
| Cyla Healthcare Private Limited | ₹4.05 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Saiman Aromatics Private Limited | ₹4.04 Lakh (FY 2024) | -94.0% | Bareilly, Uttar Pradesh, India | |||
| Murasa Pharmaceuticals Private Limited | ₹4.04 Lakh (FY 2024) | 91.0% | Mumbai, Maharashtra, India | |||
| Perfect Fit Fashions Private Limited | ₹4.04 Lakh (FY 2023) | 12.0% | Kozhikode, Kerala, India | |||
| Precure Pharma Private Limited | ₹4.04 Lakh (FY 2025) | -37.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Balance Bikes Private Limited, buy the company report.
Auditor
Balance Bikes Private Limited is audited by V N S & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N S & CO | FY 2017 | 025271N |
Shareholding
The shareholding of Balance Bikes Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Balance Bikes Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Balance Bikes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balance Bikes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balance Bikes has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Balance Bikes Private Limited, buy the company report.
Recent activity
Balance Bikes Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Parul Singal ceased to be Additional Director on 24 Jul 2014.
Frequently asked questions
Balance Bikes is an active private limited company based in Jagadhri, Haryana, India. The company works in other wholesale, within the trading industry. It was incorporated on 09 July 2013 (13+ years old) and is registered under CIN U51909HR2013PTC049769.
Balance Bikes has 2 current directors:
- Sugandha Jain - Director
- Parul Singal - Director
The latest financial statements of Balance Bikes on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 20 November 2021. Year-wise statements from 2015 are in the company report.
No. Balance Bikes has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Balance Bikes is U51909HR2013PTC049769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balance Bikes was incorporated on 09 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Balance Bikes by revenue are Tej Shelters Private Limited, Ashakamal Agrovet Private Limited, Sen & Pandit Equipment Private Limited, Imno Foresight Private Limited, Ishaan Bright Energy (OPC) Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Parul Singal ceased to be Additional Director on 24 Jul 2014. Abhishek Jain ceased to be Director on 21 Jul 2014. Sugandha Jain was appointed as Director on 02 Jun 2014. Balance Bikes has 5 board changes on record in total.
Balance Bikes can be reached through the website balancebikes.co.in. Its registered office is in Jagadhri, Haryana, India.
The registered office of Balance Bikes is at Plot No. 153 Hsiidc Manakpur, Jagadhri, Haryana, India – 135003.
Balance Bikes operates in the trading industry, in the other wholesale segment.
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