- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-04-0015831

About Delhi Cycles Private Limited
Data last updated:
Delhi Cycles Private Limited is a private limited company based in Delhi, India. It operates in the online rental platforms segment of the e-commerce sector. It was incorporated on 20 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34100DL2009PTC192370. Its GSTIN is 07AADCD2732J1ZS (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Atul Jain and Tarun Mehrishi.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3016/1 Masjid Khazoor Dharampura, Delhi, India – 110006.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.08 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹4.82 Lakh (net margin -34.3%) and EBITDA of ₹1.78 Lakh (EBITDA margin 12.6%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 30% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Green Ride.
Delhi Cycles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0015831). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website delhicycles.com.
Company details
Recognitions & Rankings of Delhi Cycles
Contact details
Delhi Cycles Private Limited's registered office is in Delhi, Delhi. Its website is delhicycles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3016/1 Masjid Khazoor Dharampura, Delhi, India – 110006
- IndustryE-Commerce, Online Rental Platforms
To see the full contact details of Delhi Cycles 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
Brands
Delhi Cycles operates one associated brand: Green Ride. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A station-based platform for bicycle rentals. | greenride.in |
Business activity
The main business activity of Delhi Cycles is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Delhi Cycles Private Limited, buy the company report.
Financials of Delhi Cycles Private Limited
FY 2024 filings availableDelhi Cycles Private Limited reported revenue of ₹14.08 Lakh (down 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 81% fall in the latest year. EBITDA fell 87% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.78 Lakh | ||||
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| Net Profit (PAT) | -₹4.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | -34.3% | ||||
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To see the full financial statements and ratios of Delhi Cycles Private Limited, buy the company report.
Board of directors of Delhi Cycles Private Limited
Delhi Cycles has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Jain Also directs: Greenride India Foundation | Director | 15 Apr 2016 | 10 Years 6 Months | Current |
| Tarun Mehrishi | Director | 30 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Delhi Cycles Private Limited is audited by S S A R & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S A R & ASSOCIATES | FY 2020 | 004739N |
Shareholding
The shareholding of Delhi Cycles Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Delhi Cycles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Delhi Cycles 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 Delhi Cycles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Delhi Cycles Private Limited has a workforce of 1 employees on its EPFO records as of Nov 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 1 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Delhi Cycles Private Limited, buy the company report.
GST
Delhi Cycles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCD2732J1ZS | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Delhi Cycles Private Limited, buy the company report.
Recent activity
Delhi Cycles Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Sanjeev Garg ceased to be Director on 30 Nov 2023.
Frequently asked questions
Delhi Cycles is an active private limited company based in Delhi, India. The company works in online rental platforms, within the e-commerce industry. It was incorporated on 20 July 2009 (17+ years old) and is registered under CIN U34100DL2009PTC192370.
Delhi Cycles has 2 current directors:
- Atul Jain - Director
- Tarun Mehrishi - Director
The latest financial statements of Delhi Cycles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Delhi Cycles is 07AADCD2732J1ZS, registered in Delhi.
The CIN (Corporate Identification Number) of Delhi Cycles is U34100DL2009PTC192370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Delhi Cycles was incorporated on 20 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Sanjeev Garg ceased to be Director on 30 Nov 2023. Tarun Mehrishi was appointed as Director on 30 Nov 2023. Monika Garg ceased to be Director on 28 Feb 2022. Delhi Cycles has 6 board changes on record in total.
Yes, Delhi Cycles is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-04-0015831).
Delhi Cycles can be reached through the website delhicycles.com. Its registered office is in Delhi, India.
The registered office of Delhi Cycles is at 30161 Masjid Khazoor Dharampura, Delhi, India – 110006.

