MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0008637
Batra Cycle India Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.6 Lakh
▼ 9.44% YoY
Net loss · FY 2024
₹2.17 Lakh
Net margin -17.2%
EBITDA · FY 2024
₹17,735
EBITDA margin 1.4%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹28.58 Cr
Satisfied ₹7.86 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
33
Provident fund records
About Batra Cycle India Private Limited
Data last updated:
Batra Cycle India 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 18 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35920PB2004PTC027130. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Shri Rama Krishna Bikes Private Limited. It is led by directors including Aakash Narang (Whole-Time Director) and Piyush Narang (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 536/13 Station Road Opp Dhandari Railway Station Industrial Area C, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.6 Lakh. For the same year it recorded a net loss of ₹2.17 Lakh (net margin -17.2%) and EBITDA of ₹17,735 (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 44% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.58 Cr and satisfied charges of ₹7.86 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Batra Cycle India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0008637). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website willpowercycle.com.
Company details
CIN U35920PB2004PTC027130
Registration Number 027130
Incorporation Date 18 May 2004
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0008637
Key People
Aakash Narang Whole-Time Director Piyush Narang Whole-Time Director Ravinder Kumar Narang Director Recognitions & Rankings of Batra Cycle India
Contact details
Batra Cycle India Private Limited's registered office is in Ludhiana, Punjab. Its website is willpowercycle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address536/13 Station Road Opp Dhandari Railway Station Industrial Area C, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Bicycle Mfg & Retail
To see the full contact details of Batra Cycle India Private Limited, buy the company report.
Comprehensive company report
Batra Cycle India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Batra Cycle India Private Limited
FY 2024 filings availableBatra Cycle India Private Limited reported revenue of ₹12.6 Lakh for FY 2024.
Revenue · FY 2024
₹12.6 Lakh
Net loss · FY 2024
₹2.17 Lakh margin -17.2%
EBITDA · FY 2024
₹17,735 margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
5 years · compounded
▼ 44%
EBITDA CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 75%
5 years · compounded
▼ 67%
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years. EBITDA fell 92% 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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| Total Expenses | |||||
| EBITDA | ₹17,735 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.17 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | -17.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Batra Cycle India Private Limited, buy the company report.
Board of directors of Batra Cycle India Private Limited
Batra Cycle India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aakash Narang | Whole-Time Director | 03 Oct 2011 | 15 Years 0 Months | Current |
| Piyush Narang | Whole-Time Director | 03 Oct 2011 | 15 Years 0 Months | Current |
| Ravinder Kumar Narang | Director | 03 Oct 2011 | 15 Years 0 Months | Current |
Auditor
Batra Cycle India Private Limited is audited by J. PAUL GUPTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. PAUL GUPTA & CO | FY 2023 | 002242N |
Shareholding
The shareholding of Batra Cycle India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Batra Cycle India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.58 Cr
Satisfied charges
₹7.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2016 | 100036431 | Others | ₹28.58 Cr | Open | |
| 30 May 2015 | 10578180 | City Union Bank Limited | ₹60 Lakh | Satisfied | |
| 08 May 2014 | 10500833 | City Union Bank Limited | ₹50 Lakh | Satisfied | |
| 02 Jan 2012 | 10332620 | City Union Bank Limited | ₹3 Cr | Satisfied | |
| 02 Jan 2012 | 10332622 | City Union Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Batra Cycle India Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Batra Cycle India Private Limited has 1 court case on record: 1 filed by Batra Cycle India. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Batra Cycle India 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 Batra Cycle India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Batra Cycle India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Batra Cycle India Private Limited, buy the company report.
Recent activity
Batra Cycle India Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Aakash Narang ceased to be Director on 01 Jul 2014.
AGM
Batra Cycle India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Batra Cycle India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others of Rs. 2,858.06 Lakh registered on 29 Mar 2016 with Charge ID 100036431 was modified on 17 Nov 2022.
Charges
A charge registered on 02 Jan 2012 via Charge ID 10332622 with City Union Bank Limited was fully satisfied on 02 Jun 2016.
Charges
A charge registered on 02 Jan 2012 via Charge ID 10332620 with City Union Bank Limited was fully satisfied on 02 Jun 2016.
Charges
A charge with Others amounted to Rs. 2,858.06 Lakh with Charge ID 100036431 was registered on 29 Mar 2016.
Charges
A charge registered on 30 May 2015 via Charge ID 10578180 with City Union Bank Limited was fully satisfied on 02 Feb 2016.
Charges
A charge registered on 08 May 2014 via Charge ID 10500833 with City Union Bank Limited was fully satisfied on 02 Feb 2016.
Charges
A charge with City Union Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 10578180 was registered on 30 May 2015.
Ceased
Aakash Narang ceased to be Director.
Ceased
Piyush Narang ceased to be Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 10500833 was registered on 08 May 2014.
15 earlier events are in the company report.
Frequently asked questions
Batra Cycle India 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 18 May 2004 (22+ years old) and is registered under CIN U35920PB2004PTC027130.
Batra Cycle India has 3 current directors:
- Aakash Narang - Whole-Time Director
- Piyush Narang - Whole-Time Director
- Ravinder Kumar Narang - Director
The latest financial statements of Batra Cycle India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Batra Cycle India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Batra Cycle India is U35920PB2004PTC027130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Batra Cycle India has 1 court case on record: 1 filed by the company.
Batra Cycle India was incorporated on 18 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
Aakash Narang ceased to be Director on 01 Jul 2014. Piyush Narang ceased to be Director on 01 Jul 2014. Ankur Narang ceased to be Director on 05 Oct 2011. Batra Cycle India has 10 board changes on record in total.
Yes, Batra Cycle India is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0008637).
Batra Cycle India can be reached through the website willpowercycle.com. Its registered office is in Ludhiana, Punjab, India.