- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0035957

Jagdambay Cycles Private Limited
About Jagdambay Cycles Private Limited
Data last updated:
Jagdambay Cycles 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 23 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB2015PTC039209. Its GSTIN is 03AADCJ4432B1ZA (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Prem Gupta and Ashish Gupta.
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 Industrial Area – C Sarpanch Colony Jaspal Bangar Road, Ludhiana, Punjab, India – 141122.
As per the financials filed for FY 2025, the company reported a revenue of ₹121.49 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.89 Cr (net margin 2.4%) and EBITDA of ₹5.06 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹1.4 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Jagdambay Cycles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0035957). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Jagdambay Cycles
Contact details
Jagdambay Cycles Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIndustrial Area – C Sarpanch Colony Jaspal Bangar Road, Ludhiana, Punjab, India – 141122
- IndustryAutomotive, Bicycle Mfg & Retail
To see the full contact details of Jagdambay 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 Jagdambay 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 Jagdambay Cycles Private Limited, buy the company report.
Financials of Jagdambay Cycles Private Limited
FY 2025 filings availableJagdambay Cycles Private Limited reported revenue of ₹121.49 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 7% growth in the latest year. EBITDA rose 16% 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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| EBITDA | ₹5.06 Cr | ||||
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| Net Profit (PAT) | ₹2.89 Cr | ||||
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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 | 4.2% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Jagdambay Cycles Private Limited, buy the company report.
Board of directors of Jagdambay Cycles Private Limited
Jagdambay Cycles has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prem Gupta | Director | 23 Jan 2015 | 11 Years 9 Months | Current |
| Ashish Gupta | Director | 23 Jan 2015 | 11 Years 9 Months | Current |
| Shikha Gupta | Additional Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Shifali Gupta | Additional Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Yatin Gupta | Director | 23 Jan 2015 | 11 Years 9 Months | Current |
Peer comparison
Jagdambay Cycles Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sprandom Private Limited | ₹130.62 Cr (FY 2025) | 1.0% | Ludhiana, Punjab, India | |||
| HMC E-Valley Private Limited | ₹129.03 Cr (FY 2025) | 3.0% | Ludhiana, Punjab, India | |||
| Jagdambay Cycles Private Limitedthis company | ₹121.49 Cr (FY 2025) | ₹2.89 Cr | 2.4% | 7.0% | 14 | Ludhiana, Punjab, India |
| Avon Newage Cycles Private Limited | ₹68.34 Cr (FY 2025) | 18.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Jagdambay Cycles Private Limited, buy the company report.
Auditor
Jagdambay Cycles Private Limited is audited by Suresh Magandeep & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Magandeep & Associates | FY 2023 | 017884N |
Shareholding
The shareholding of Jagdambay Cycles 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jagdambay Cycles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2026 | 101228893 | Others | ₹94.5 Lakh | Open | |
| 03 Dec 2025 | 101196577 | Others | ₹2.05 Cr | Open | |
| 31 Jul 2017 | 100118716 | Others | ₹1 Cr | Satisfied | |
| 28 Aug 2015 | 10597239 | Union Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Jagdambay Cycles Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Jagdambay Cycles Private Limited has 3 court cases on record: 2 filed by Jagdambay Cycles, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Chopra Trading Company | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company | Disposed |
To see the full case history of Jagdambay 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 Jagdambay Cycles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jagdambay Cycles Private Limited has a workforce of 14 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Jagdambay Cycles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCJ4432B1ZA | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jagdambay Cycles Private Limited, buy the company report.
Recent activity
Jagdambay Cycles Private Limited has 5 board changes on record since 2015: 5 appointments. The latest: Shifali Gupta was appointed as Additional Director on 27 Nov 2018.
2 earlier events are in the company report.
Frequently asked questions
Jagdambay Cycles 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 23 January 2015 (11+ years old) and is registered under CIN U35921PB2015PTC039209.
Jagdambay Cycles has 5 current directors:
- Prem Gupta - Director
- Ashish Gupta - Director
- Shikha Gupta - Additional Director
- Shifali Gupta - Additional Director
- Yatin Gupta - Director
The latest financial statements of Jagdambay 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 Jagdambay Cycles is 03AADCJ4432B1ZA, registered in Punjab.
The CIN (Corporate Identification Number) of Jagdambay Cycles is U35921PB2015PTC039209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagdambay Cycles has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Jagdambay Cycles was incorporated on 23 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Jagdambay Cycles by revenue are Sprandom Private Limited, HMC E-Valley Private Limited, Avon Newage Cycles Private Limited, all in the Automobiles industry (Cycles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Shifali Gupta was appointed as Additional Director on 27 Nov 2018. Shikha Gupta was appointed as Additional Director on 27 Nov 2018. Ashish Gupta was appointed as Director on 23 Jan 2015. Jagdambay Cycles has 5 board changes on record in total.
Yes, Jagdambay Cycles is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0035957).
The registered office of Jagdambay Cycles is at Industrial Area – C Sarpanch Colony Jaspal Bangar Road, Ludhiana, Punjab, India – 141122.

