Adhunik Cycles Private Limited - Company Profile

It is a automotive private limited company based in Ludhiana, Punjab, India, established in 2014.
2014 Ludhiana, Punjab, India Active
Last Updated:
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About Adhunik Cycles Private Limited

Adhunik Cycles Private Limited, a active private limited company, was established on 13 June 2014 in Ludhiana, Punjab, India. Engaging in bicycle mfg & retail within the manufacturing sector, it holds CIN: U35920PB2014PTC038673. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Amit Kumar (Additional Director), Mukesh Kumar (Director). Past directors included Sanjib Tantia, Saurabh Goyal, Rajesh Kumar Tantia. It holds ₹1.29 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at F-29, Phase-Vii, Focal Point, Near S K Bike, Ludhiana, Punjab, 141010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U35920PB2014PTC038673

  • Registration Number

    038673

  • Incorporation Date

    13 June 2014

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.29 Cr
  • Revenue Growth **** -70.17%
  • Profit Growth **** -100.97%
  • Ebitda **** -34.15%
  • Net Worth -0.60%
  • Total Assets -11.79%
Company report

Adhunik Cycles Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Adhunik Cycles Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Adhunik Cycles Private Limited?
Current Directors
Name Designation Appointment Date Status
Amit Kumar Additional Director 12 Jul 2024 Current
Mukesh Kumar Director 13 Jun 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 Jun 2020 Past
Pramod Abcsdd Director 27 Feb 2023 Past
Pramod Abcsdd Director 27 Jul 2024 Past

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Financial Performance of Adhunik Cycles.

Adhunik Cycles Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 70.17% decrease. The company also saw a substantial fall in profitability, with a 100.97% decrease in profit. The company's net worth dipped by a decrease of 0.6%.

Adhunik Cycles revenue growth over time
Adhunik Cycles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -70.17%
*******
*******
*******
*******
Revenue from Operations
*******
 -70.19%
*******
*******
*******
*******
Total Assets
*******
 -11.79%
*******
*******
*******
*******
Profit or Loss
*******
 -100.97%
*******
*******
*******
*******
Net Worth
*******
 -0.60%
*******
*******
*******
*******
EBITDA
*******
 -34.15%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Adhunik Cycles?

In 2021, Adhunik Cycles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹12,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Karnataka Bank Ltd. : 1.29 Cr
Latest Charge Details
Date Lender Amount Status
17 Mar 2015 Karnataka Bank Ltd. ₹8.00 M Open
14 Feb 2015 Karnataka Bank Ltd. ₹4.90 M Open

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How Many Employees Work at Adhunik Cycles?

Unlock and access historical data on people associated with Adhunik Cycles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adhunik Cycles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adhunik Cycles's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Adhunik Cycles
Recent Activity within the Organization
  • Director Appointment

    Amit Kumar was appointed as a Additional Director was appointed as a Additional Director on 12 Jul 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.

  • Annual General Meeting

    Progress on Adhunik Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was documented.

  • Balance Sheet

    Adhunik Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    The activity A charge with Karnataka Bank Ltd. amounted to Rs. 8.00 M with Charge ID 10560938 was registered on 17 Mar 2015. was completed.

  • Charges

    The activity A charge with Karnataka Bank Ltd. amounted to Rs. 4.90 M with Charge ID 10554139 was registered on 14 Feb 2015. was completed.

  • Director Appointment

    Mukesh Kumar was appointed as a Director was appointed as a Director on 13 Jun 2014 & has been associated with this company since 11 years 8 months . was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Adhunik Cycles Private Limited?

The CIN of Adhunik Cycles Private Limited is U35920PB2014PTC038673.

Where is Adhunik Cycles Private Limited headquartered?

Adhunik Cycles Private Limited is headquartered at F-29, Phase-Vii, Focal Point, Near S K Bike, Ludhiana, Punjab, 141010.

When was Adhunik Cycles Private Limited incorporated?

Adhunik Cycles Private Limited was incorporated on 13 June 2014.

Who are the current directors of Adhunik Cycles Private Limited?

The current directors of Adhunik Cycles Private Limited are

What is the primary industry of Adhunik Cycles Private Limited?

The primary industry of Adhunik Cycles Private Limited is Manufacturing.

Is Adhunik Cycles Private Limited a listed company?

Adhunik Cycles Private Limited is unlisted.

What is the capital structure of Adhunik Cycles Private Limited?

The authorized capital of Adhunik Cycles Private Limited is ₹2.50 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Adhunik Cycles Private Limited?

The compliance status of Adhunik Cycles Private Limited is Compliant.

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