About Hippo Bikes Private Limited
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Hippo 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 17 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB2010PTC033707.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Narinder Nath and Ravinder Nath Mahajan.
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 Opp Padam Motors Gt Road Dhandari Khurd, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹14,000, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹660 (net margin 4.7%) and EBITDA of ₹800 (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hippobikes.in.
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- TelephoneLocked
- Website
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- Registered AddressOpp Padam Motors Gt Road Dhandari Khurd, Ludhiana, Punjab, India – 141001
- IndustryAutomotive, Bicycle Mfg & Retail
- 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
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Financials of Hippo Bikes Private Limited FY 2024 filings available
Hippo Bikes Private Limited reported revenue of ₹14,000 (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hippo Bikes Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 7% fall in the latest year. 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 of Hippo Bikes Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹800 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹660 | •••• | •••• | •••• | •••• |
| 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 of Hippo Bikes Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hippo Bikes are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Hippo Bikes Private Limited
Hippo Bikes Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Cycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Psynyde Cycles Private Limited | ₹44,644 (FY 2025) | •••• | •••• | -97.0% | •••• | Pune, Maharashtra, India |
| Bhogal Management Services Private Limited | ₹20,795 (FY 2024) | •••• | •••• | 20.0% | •••• | Punjab, India |
| Monk Cycles Private Limited | ₹19,075 (FY 2024) | •••• | •••• | •••• | Vadodara, Gujarat, India | |
| Duroman Cycles Private Limited | ₹16,150 (FY 2024) | •••• | •••• | 1.0% | •••• | Dhulagarh, West Bengal, India |
| Silbrite Spokes Private Limited | ₹14,106 (FY 2020) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Hippo Bikes Private Limited this company | ₹14,000 (FY 2024) | •••• | •••• | -7.0% | •••• | Ludhiana, Punjab, India |
| Choudhary Cycles Industries Private Limited | ₹3,225 (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Zeno Plast Private Limited | ₹88 (FY 2025) | •••• | •••• | -100.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Hippo Bikes by revenue in the Automobiles industry (Cycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hippo Bikes Private Limited
Hippo Bikes Private Limited is audited by SCV & Co. LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SCV & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hippo Bikes Private Limited
Hippo Bikes has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narinder Nath Also directs: Mahajan Wires Pvt Ltd, Mahajan Steels and Wires Private Limited | Director | 17 Mar 2010 | 16 Years 6 Months | Current |
| Ravinder Nath Mahajan Also directs: Mahajan Wires Pvt Ltd, Flying Stag Bikes Pvt Ltd | Director | 17 Mar 2010 | 16 Years 6 Months | Current |
| Rajinder Nath Mahajan Also directs: Mahajan Wires Pvt Ltd, Skystone Realty LLP, Mahajan Medicare Private Limited and 3 more | Director | 17 Mar 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Hippo Bikes Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hippo Bikes Private Limited
Hippo Bikes Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hippo Bikes Private Limited
Employment history and EPFO contributions of people linked to Hippo Bikes.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hippo Bikes Private Limited
Hippo Bikes Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Narinder Nath ceased to be Director on 28 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Hippo Bikes Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hippo Bikes Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hippo Bikes Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hippo Bikes Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hippo Bikes Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hippo Bikes Private Limited
Hippo 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 17 March 2010 (16+ years old) and is registered under CIN U35921PB2010PTC033707.
Hippo Bikes reported revenue of ₹14,000 for FY 2024 (down 7% YoY).
Hippo Bikes has 3 current directors:
- Narinder Nath - Director
- Ravinder Nath Mahajan - Director
- Rajinder Nath Mahajan - Director
Hippo Bikes reported a net profit of ₹660 (net margin 4.7%) and EBITDA of ₹800 (EBITDA margin 5.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hippo Bikes is -3% over three years and -1% over five years. In the latest year (FY 2024) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hippo Bikes is U35921PB2010PTC033707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hippo Bikes was incorporated on 17 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Hippo Bikes by revenue are Psynyde Cycles Private Limited, Bhogal Management Services Private Limited, Monk Cycles Private Limited, Duroman Cycles Private Limited, Silbrite Spokes Private Limited and 2 more, all in the Automobiles industry (Cycles).
Narinder Nath ceased to be Director on 28 May 2019. Narinder Nath was appointed as Director on 17 Mar 2010. Rajinder Nath Mahajan was appointed as Director on 17 Mar 2010. Hippo Bikes has 4 board changes on record in total.
Hippo Bikes can be reached through the website hippobikes.in. Its registered office is in Ludhiana, Punjab, India.
The registered office of Hippo Bikes is at Opp Padam Motors Gt Road Dhandari Khurd, Ludhiana, Punjab, India – 141001.