India's Richest People 2026 edition · 1 director · Source: Hurun India
- #793 Pankaj Munjal & family ₹3,900 Cr
Revenue · FY 2025
₹55.25 Cr
▼ 14% YoY
Net loss · FY 2025
₹18.56 Cr
Net margin -33.6%
EBITDA · FY 2025
-₹19.63 Cr
EBITDA margin -35.5%
Authorised capital
₹26 Cr
Registered with MCA
Paid-up capital
₹25.8 Cr
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹2.91 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
60
Provident fund records
About Firefox Bikes Private Limited
Data last updated:
Firefox Bikes Private Limited is a private limited company based in Gurugram, Haryana, India, a subsidiary of Hero Cycles Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 25 October 2004 and has been in existence for over 22 years.
Its director Pankaj Munjal and family are #793 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U35921HR2004PTC075576. Its GSTIN is 06AABCL0338G1ZX (Haryana). The company holds 32 GST registrations, of which 30 are active.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹25.8 Cr. It was formerly known as La Bicycle (India) Private Limited. It is led by directors including Sriram Sundresan (Whole-Time Director) and Pankaj Munjal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2A – 1001 10th Floor Two Horizon Centre Sector – 43 DLF Phase – V, Gurugram, Haryana, India – 122002.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.25 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹18.56 Cr (net margin -33.6%) and EBITDA of -₹19.63 Cr (EBITDA margin -35.5%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 1% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Hero Lectro and Firefox Bikes. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹2.91 Cr on record. Court records list 18 cases involving the company, including 16 filed by the company and 2 filed against it; 13 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30 Lakh; the latest was in September 2015. Its 4 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Chaudhary Motors Private Limited with revenue of ₹55.38 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firefoxbikes.com.
Company details
CIN U35921HR2004PTC075576
Registration Number 075576
Incorporation Date 25 October 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hero Cycles Limited
Compliance Status Active Compliant
CIN history
Firefox Bikes has one previous CIN (Corporate Identification Number): U35921DL2004PTC130190. The current CIN is U35921HR2004PTC075576, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35921HR2004PTC075576 | Current |
| U35921DL2004PTC130190 | Previous |
Recognitions & Rankings of Firefox Bikes
Contact details
Firefox Bikes Private Limited's registered office is in Gurugram, Haryana. Its website is firefoxbikes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2A – 1001 10th Floor Two Horizon Centre Sector – 43 DLF Phase – V, Gurugram, Haryana, India – 122002
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Firefox Bikes Private Limited, buy the company report.
Comprehensive company report
Firefox Bikes 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
Brands
Firefox Bikes operates two associated brands: Hero Lectro and Firefox Bikes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers electric bicycles, cargo e-bikes, and accessories for daily transportation. | herolectro.com | |
| Bicycles are manufactured and distributed from Gurugram, India. | firefoxbikes.com |
Business activity
The main business activity of Firefox Bikes is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Firefox Bikes Private Limited, buy the company report.
Financials of Firefox Bikes Private Limited
FY 2025 filings availableFirefox Bikes Private Limited reported revenue of ₹55.25 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹55.25 Cr ▼ 14%
Net loss · FY 2025
₹18.56 Cr margin -33.6%
EBITDA · FY 2025
-₹19.63 Cr margin -35.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 26%
5 years · compounded
▼ 1%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 14% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹55.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.56 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.5% | ||||
| Net Profit Margin | -33.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Firefox Bikes Private Limited, buy the company report.
Board of directors and KMP of Firefox Bikes Private Limited
Firefox Bikes Private Limited currently reports 4 directors and 1 key managerial person. 9 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Munjal Also directs: Hero Motors Limited, Munjal Kiriu Industries Private Limited, ZF Hero Chassis Systems Private Limited and 5 more | Director | 16 Sep 2015 | 11 Years 1 Months | Current |
| Aditya Munjal Also directs: Hero Cycles Limited, HMC E-Valley Private Limited, Ut Bikes Private Limited and 5 more | Director | 16 Sep 2015 | 11 Years 1 Months | Current |
| Sriram Sundresan | Whole-Time Director | 10 Feb 2022 | 4 Years 9 Months | Current |
| Abhishek Munjal Also directs: Hero Motors Limited, ZF Hero Chassis Systems Private Limited, Hero Cycles Limited and 5 more | Director | 05 May 2017 | 9 Years 6 Months | Current |
| Ashwani Gautam | Ceo | 14 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Firefox Bikes Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chaudhary Motors Private Limited | ₹55.38 Cr (FY 2025) | 27.0% | Bijnor, Uttar Pradesh, India | |||
| Firefox Bikes Private Limitedthis company | ₹55.25 Cr (FY 2025) | -₹18.56 Cr | -33.6% | -14.0% | 60 | Gurugram, Haryana, India |
| VVR Industries Private Limited | ₹55.23 Cr (FY 2025) | 4.0% | Kanpur, Uttar Pradesh, India | |||
| Punya Motors Private Limited | ₹55.18 Cr (FY 2025) | 130.0% | Manipur, India | |||
| Betala Auto Sales Private Limited | ₹55.17 Cr (FY 2025) | 31.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Firefox Bikes Private Limited, buy the company report.
Auditor
Firefox Bikes Private Limited is audited by S.R. Dinodia & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Dinodia & Co. LLP | FY 2024 | 001478N |
Shareholding
The shareholding of Firefox Bikes Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Firefox Bikes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹2.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2014 | 10515575 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 24 Oct 2013 | 10456517 | Kotak Mahindra Bank Limited | ₹1.5 Cr | Satisfied | |
| 05 Feb 2010 | 10203819 | Federal Bank Limited | ₹14 Lakh | Satisfied | |
| 29 Jun 2009 | 10169764 | Federal Bank Ltd | ₹1 Cr | Satisfied | |
| 16 Mar 2009 | 10150013 | Chinatrust Commercial Bank | ₹27 Lakh | Satisfied |
To see the full charge records of Firefox Bikes Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Firefox Bikes Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30 Lakh; the latest was in September 2015.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹30 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Hero Cycles Limited , Hero Cycles Limited & Pankaj Munjal Seller: 3 individuals |
| Mar 2009 | Funding round | ₹30 Lakh | Investors: 3 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Firefox Bikes Private Limited has 18 court cases on record: 16 filed by Firefox Bikes, 2 filed against it. 13 cases are pending and 5 are disposed.
Total cases
18
Filed by the company
16
Filed against the company
2
Pending
13
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 1 | 12 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against individuals | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S A Crossbow | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Ves Retail | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Bharat Cycle | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Firoze Cycle Store | Pending |
To see the full case history of Firefox 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
Firefox Bikes Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Navyug Namdhari Eco Drive Private Limited | |||
| Aeris Communications India Private Limited | |||
| Dvio Digital Private Limited | |||
| an individual supplier | |||
| Grayroutes Technology Private Limited |
To see the full MSME payment records of Firefox Bikes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Firefox Bikes Private Limited has a workforce of 60 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
-3.23%
GST
Firefox Bikes has 32 GST registrations: 30 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
32
Active
30
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCL0338G1ZX | Haryana | Active | 01 Jul 2017 |
| 06AABCL0338G1C8 | Haryana | Active | 22 Aug 2020 |
| 06AABCL0338G2ZW | Haryana | Active | 25 Feb 2025 |
| 04AABCL0338G1Z1 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Firefox Bikes Private Limited, buy the company report.
Recent activity
Firefox Bikes Private Limited has 14 board changes on record since 2013: 5 appointments and 9 cessations. The latest: Ashwani Gautam was appointed as CEO on 14 Dec 2024.
AGM
Firefox Bikes Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Firefox Bikes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Ashwani Gautam was appointed as CEO.
Ceased
Rohit Gothi ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 23 Apr 2014 with Charge ID 10515575 was modified on 04 Aug 2022.
Appointed
Sriram Sundresan was appointed as Whole-Time Director.
Ceased
Sriram Sundresan ceased to be Additional Director.
Ceased
Sukanta Das ceased to be Director.
Ceased
Abhishek Munjal ceased to be Additional Director.
Appointed
Abhishek Munjal was appointed as Director.
Ceased
Aditya Munjal ceased to be Additional Director.
Ceased
Pankaj Munjal ceased to be Additional Director.
15 earlier events are in the company report.
Frequently asked questions
Firefox Bikes is an active private limited company based in Gurugram, Haryana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 25 October 2004 (22+ years old) and is registered under CIN U35921HR2004PTC075576.
Firefox Bikes has 5 current directors and KMP:
- Sriram Sundresan - Whole-Time Director
- Pankaj Munjal - Director
- Aditya Munjal - Director
- Abhishek Munjal - Director
- Ashwani Gautam - Ceo
The latest financial statements of Firefox Bikes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Firefox Bikes is 06AABCL0338G1ZX, registered in Haryana. The company has 32 GST registrations in all, of which 30 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCL0338G1C8 (Haryana), 06AABCL0338G2ZW (Haryana), 04AABCL0338G1Z1 (Chandigarh).
The CIN (Corporate Identification Number) of Firefox Bikes is U35921HR2004PTC075576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firefox Bikes has 18 court cases on record: 16 filed by the company and 2 filed against it. 13 are pending. Most are in the district courts.
Firefox Bikes was incorporated on 25 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Firefox Bikes has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30 Lakh; the latest was in September 2015.
The peers of Firefox Bikes by revenue are Chaudhary Motors Private Limited, VVR Industries Private Limited, Punya Motors Private Limited, Betala Auto Sales Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Ashwani Gautam was appointed as CEO on 14 Dec 2024. Rohit Gothi ceased to be Additional Director on 30 Sep 2022. Sriram Sundresan was appointed as Whole-Time Director on 10 Feb 2022. Firefox Bikes has 14 board changes on record in total.
Firefox Bikes has 9 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 9 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Firefox Bikes can be reached through the website firefoxbikes.com. Its registered office is in Gurugram, Haryana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages