About Dasan Cycles Private Limited
Data last updated:
Dasan Cycles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the motor vehicle segment of the automobiles sector. It was incorporated on 05 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35920MH1991PTC062798. Its GSTIN is 27AAACD1669H1ZO (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mohandas Valayudham Ayyappan and Vinayak Mohandas.
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 Block – 1 Solar Electric Comp167 Vidya Nagarimarg, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.21 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net loss of ₹14.45 Lakh (net margin -4.5%) and EBITDA of -₹9.88 Lakh (EBITDA margin -3.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dasancycles.com.
Company details
CIN history
Dasan Cycles has one previous CIN (Corporate Identification Number): U35920MH2003PTC062798. The current CIN is U35920MH1991PTC062798, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35920MH1991PTC062798 | Current |
| U35920MH2003PTC062798 | Previous |
Contact details
Dasan Cycles Private Limited's registered office is in Mumbai, Maharashtra. Its website is dasancycles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock – 1 Solar Electric Comp167 Vidya Nagarimarg, Mumbai, Maharashtra, India – 400098
- IndustryAutomobile, Motor Vehicle, Other Transport Vehicles, Trailers, Semi Trailers
To see the full contact details of Dasan 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
Business activity
The main business activity of Dasan Cycles 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 Dasan Cycles Private Limited, buy the company report.
Financials of Dasan Cycles Private Limited
FY 2025 filings availableDasan Cycles Private Limited reported revenue of ₹3.21 Cr (up 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 73% growth in the latest year. EBITDA fell 253% 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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| Total Expenses | |||||
| EBITDA | -₹9.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.45 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | ||||
| Net Profit Margin | -4.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Dasan Cycles Private Limited, buy the company report.
Board of directors of Dasan Cycles Private Limited
Dasan Cycles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohandas Valayudham Ayyappan Also directs: Dhanya Consumers P Ltd, Shree Dhanya Enterprises Pvt Ltd | Director | 05 Aug 1991 | 35 Years 2 Months | Current |
| Vinayak Mohandas | Director | 20 Nov 2010 | 15 Years 11 Months | Current |
| Anita Mohandas Also directs: Dhanya Consumers P Ltd | Director | 01 Jul 2002 | 24 Years 3 Months | Current |
Peer comparison
Dasan Cycles Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Aspra Automotive Private Limited | ₹3.91 Cr (FY 2019) | 551.0% | Greater Noida, Uttar Pradesh, India | |||
| 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 Limitedthis company | ₹3.21 Cr (FY 2025) | -₹14.45 Lakh | -4.5% | 73.0% | 5 | Mumbai, Maharashtra, India |
| Vega Bikes Private Limited | ₹3.13 Cr (FY 2025) | 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 Dasan Cycles Private Limited, buy the company report.
Auditor
Dasan Cycles Private Limited is audited by M D Deshpande & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M D Deshpande & Co. | FY 2017 | 102391W |
Shareholding
The shareholding of Dasan Cycles Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dasan Cycles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 1992 | 90152818 | Indian Overseas Bank | ₹3 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Dasan Cycles Private Limited has 3 court cases on record: 3 filed by Dasan Cycles. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court | Petition | Filed by the company against an individual | Disposed |
To see the full case history of Dasan Cycles 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 Dasan Cycles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dasan Cycles Private Limited has a workforce of 5 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Dasan Cycles has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1669H1ZO | Maharashtra | Active | 01 Jul 2017 |
| 32AAACD1669H2ZW | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dasan Cycles Private Limited, buy the company report.
Recent activity
Dasan Cycles Private Limited has 3 board changes on record since 1991: 3 appointments. The latest: Vinayak Mohandas was appointed as Director on 20 Nov 2010.
Frequently asked questions
Dasan Cycles is an active private limited company based in Mumbai, Maharashtra, India. The company works in motor vehicle, within the automobile industry. It was incorporated on 05 August 1991 (35+ years old) and is registered under CIN U35920MH1991PTC062798.
Dasan Cycles has 3 current directors:
- Mohandas Valayudham Ayyappan - Director
- Vinayak Mohandas - Director
- Anita Mohandas - Director
The latest financial statements of Dasan Cycles 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 Dasan Cycles is 27AAACD1669H1ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAACD1669H2ZW (Kerala).
The CIN (Corporate Identification Number) of Dasan Cycles is U35920MH1991PTC062798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dasan Cycles has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.
Dasan Cycles was incorporated on 05 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dasan Cycles by revenue are Aspra Automotive Private Limited, Upventa Koncepts Private Limited, Gobind Cycles Private Limited, Vega Bikes 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).
Vinayak Mohandas was appointed as Director on 20 Nov 2010. Anita Mohandas was appointed as Director on 01 Jul 2002. Mohandas Valayudham Ayyappan was appointed as Director on 05 Aug 1991.
Dasan Cycles can be reached through the website dasancycles.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Dasan Cycles is at Block – 1 Solar Electric Comp167 Vidya Nagarimarg, Mumbai, Maharashtra, India – 400098.
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