- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0125626

About Vega Bikes Private Limited
Data last updated:
Vega Bikes Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 22 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U34103PB2010PTC033533. Its GSTIN is 03AADCV1797K1Z1 (Punjab).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Sameer Tangri and Manoj Aggarwal Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. Ha 55 Hosiery Knitwear Manufacturing Complex Phase VI Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.13 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹84,009 (net margin 0.3%) and EBITDA of ₹15.24 Lakh (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
The company is associated with 1 brand: Vega Bikes. Court records list 3 cases involving the company, including 3 filed by the company.
Vega Bikes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0125626). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vegabikesindia.com.
Company details
Recognitions & Rankings of Vega Bikes
Contact details
Vega Bikes Private Limited's registered office is in Ludhiana, Punjab. Its website is vegabikesindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. Ha 55 Hosiery Knitwear Manufacturing Complex Phase VI Focal Point, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Bicycle Mfg & Retail
To see the full contact details of Vega 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
Brands
Vega Bikes operates one associated brand: Vega Bikes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of bicycles, including roadster, MTB, ladies, and kids types in India. | vegabikesindia.com |
Business activity
The main business activity of Vega Bikes is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Vega Bikes Private Limited, buy the company report.
Financials of Vega Bikes Private Limited
FY 2025 filings availableVega Bikes Private Limited reported revenue of ₹3.13 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.24 Lakh | ||||
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| Net Profit (PAT) | ₹84,009 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Vega Bikes Private Limited, buy the company report.
Board of directors of Vega Bikes Private Limited
Vega Bikes has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Tangri | Director | 22 Jan 2010 | 16 Years 9 Months | Current |
| Manoj Aggarwal Kumar Also directs: SKS Eco Wheels Private Limited, Griffin Bicycle Shopee Private Limited, Sprandom Private Limited and 1 more | Director | 22 Jan 2010 | 16 Years 9 Months | Current |
| Sanjay Aggarwal Also directs: SKS Eco Wheels Private Limited, Griffin Bicycle Shopee Private Limited, Sprandom Private Limited and 1 more | Director | 22 Jan 2010 | 16 Years 9 Months | Current |
| Rajesh Kumar Also directs: SKS Eco Wheels Private Limited, Griffin Bicycle Shopee Private Limited, Sprandom Private Limited and 1 more | Director | 22 Jan 2010 | 16 Years 9 Months | Current |
| Rajeev Aggarwal Also directs: SKS Eco Wheels Private Limited, Griffin Bicycle Shopee Private Limited, Sprandom Private Limited and 1 more | Director | 22 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Vega Bikes Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Cycles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Upventa Koncepts Private Limited | ₹3.75 Cr (FY 2022) | Delhi, India | ||||
| Gobind Cycles Private Limited | ₹3.71 Cr (FY 2025) | -40.0% | Punjab, India | |||
| Dasan Cycles Private Limited | ₹3.21 Cr (FY 2025) | 73.0% | Mumbai, Maharashtra, India | |||
| Vega Bikes Private Limitedthis company | ₹3.13 Cr (FY 2025) | ₹84,009 | 0.3% | 34.0% | Ludhiana, Punjab, India | |
| Race Time Cycles Private Limited | ₹2.61 Cr (FY 2024) | 168.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Vega Bikes Private Limited, buy the company report.
Auditor
Vega Bikes Private Limited is audited by H SAHI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H SAHI & ASSOCIATES | FY 2019 | 000939N |
Shareholding
The shareholding of Vega Bikes Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vega Bikes Private Limited, buy the company report.
Legal cases
Vega Bikes Private Limited has 3 court cases on record: 3 filed by Vega Bikes. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Gurdeep Enterprises | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Vega Bikes Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vega Bikes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vega Bikes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCV1797K1Z1 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vega Bikes Private Limited, buy the company report.
Recent activity
Vega Bikes Private Limited has 5 board changes on record since 2010: 5 appointments. The latest: Manoj Aggarwal Kumar was appointed as Director on 22 Jan 2010.
Frequently asked questions
Vega Bikes is an active private limited company based in Ludhiana, Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 22 January 2010 (16+ years old) and is registered under CIN U34103PB2010PTC033533.
Vega Bikes has 5 current directors:
- Sameer Tangri - Director
- Manoj Aggarwal Kumar - Director
- Sanjay Aggarwal - Director
- Rajesh Kumar - Director
- Rajeev Aggarwal - Director
The latest financial statements of Vega Bikes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vega Bikes is 03AADCV1797K1Z1, registered in Punjab.
The CIN (Corporate Identification Number) of Vega Bikes is U34103PB2010PTC033533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vega Bikes has 3 court cases on record: 3 filed by the company.
Vega Bikes was incorporated on 22 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Vega Bikes by revenue are Upventa Koncepts Private Limited, Gobind Cycles Private Limited, Dasan Cycles Private Limited, Race Time Cycles Private Limited, all in the Automobiles industry (Cycles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Manoj Aggarwal Kumar was appointed as Director on 22 Jan 2010. Rajeev Aggarwal was appointed as Director on 22 Jan 2010. Rajesh Kumar was appointed as Director on 22 Jan 2010. Vega Bikes has 5 board changes on record in total.
Yes, Vega Bikes is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0125626).
Vega Bikes can be reached through the website vegabikesindia.com. Its registered office is in Ludhiana, Punjab, India.