MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-56-0018981
Maruti Cycles Private Limited
Maruti Cycles Private Limited - automotive in Meerut, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.31 Cr
▲ 43% YoY
Net profit · FY 2024
₹48,247
Net margin 0.1%
EBITDA · FY 2024
₹9.74 Lakh
EBITDA margin 2.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹91 Lakh
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings
About Maruti Cycles Private Limited
Data last updated:
Maruti Cycles Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 31 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U35921UP1995PTC018152. Its GSTIN is 09AADCM3316P1Z5 (Uttar Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Akash Agarwal and Anil Agarwal.
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 S – 1 Industrial Estate Partapur Delhi Road, Meerut, Uttar Pradesh, India – 250103.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.31 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹48,247 (net margin 0.1%) and EBITDA of ₹9.74 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹91 Lakh on record. Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
Maruti Cycles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-56-0018981). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35921UP1995PTC018152
Registration Number 018152
Incorporation Date 31 May 1995
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-56-0018981
Recognitions & Rankings of Maruti Cycles
Contact details
Maruti Cycles Private Limited's registered office is in Meerut, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 1 Industrial Estate Partapur Delhi Road, Meerut, Uttar Pradesh, India – 250103
- IndustryAutomotive, Bicycle Mfg & Retail
To see the full contact details of Maruti Cycles Private Limited, buy the company report.
Comprehensive company report
Maruti Cycles 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
Business activity
The main business activity of Maruti Cycles is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Maruti Cycles Private Limited, buy the company report.
Financials of Maruti Cycles Private Limited
FY 2025 filings availableMaruti Cycles Private Limited reported revenue of ₹3.31 Cr (up 43% YoY) for FY 2024.
Revenue · FY 2024
₹3.31 Cr ▲ 43%
Net profit · FY 2024
₹48,247 margin 0.1%
EBITDA · FY 2024
₹9.74 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 2%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 7%
5 years · compounded
▲ 4%
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 5% 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 | ₹9.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48,247 | ||||
| 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 | 2.9% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Maruti Cycles Private Limited, buy the company report.
Board of directors of Maruti Cycles Private Limited
Maruti Cycles has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Agarwal Also directs: Rico Rubbers Private Limited | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Anil Agarwal | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Pramod Agarwal | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Maruti Cycles Private Limited is audited by P.SINGH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.SINGH & CO. | FY 2023 | 005023C |
Shareholding
The shareholding of Maruti 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 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 Maruti Cycles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹91 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2020 | 100403956 | State Bank of India | ₹18.5 Lakh | Open | |
| 29 Mar 2019 | 100253309 | State Bank of India | ₹65 Lakh | Open | |
| 03 Nov 2012 | 10392567 | Punjab National Bank | ₹7.5 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Maruti Cycles Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed against the company
7
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by an individual | Disposed |
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by Kohinoor India Private Ltd. | Disposed |
To see the full case history of Maruti 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
Maruti Cycles Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pipania Sag Industries |
To see the full MSME payment records of Maruti Cycles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Maruti Cycles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCM3316P1Z5 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maruti Cycles Private Limited, buy the company report.
Recent activity
Maruti Cycles Private Limited has 9 board changes on record since 1995: 6 appointments and 3 cessations. The latest: Ira Agarwal ceased to be Director on 14 Apr 2021.
AGM
Maruti Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maruti Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Ceased
Ira Agarwal ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 18.50 Lakh with Charge ID 100403956 was registered on 04 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 65.00 Lakh with Charge ID 100253309 was registered on 29 Mar 2019.
Ceased
Bimla Agarwal ceased to be Director.
Ceased
Seema Agarwal ceased to be Director.
Appointed
Akash Agarwal was appointed as Director.
Appointed
Anil Agarwal was appointed as Director.
Appointed
Bimla Agarwal was appointed as Director.
Appointed
Pramod Agarwal was appointed as Director.
Charges
A charge with Punjab National Bank amounted to Rs. 7.50 Lakh with Charge ID 10392567 was registered on 03 Nov 2012.
3 earlier events are in the company report.
Frequently asked questions
Maruti Cycles is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 31 May 1995 (31+ years old) and is registered under CIN U35921UP1995PTC018152.
Maruti Cycles has 3 current directors:
- Akash Agarwal - Director
- Anil Agarwal - Director
- Pramod Agarwal - Director
The latest financial statements of Maruti 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 Maruti Cycles is 09AADCM3316P1Z5, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Maruti Cycles is U35921UP1995PTC018152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Cycles has 7 court cases on record: 7 filed against it. 1 is pending.
Maruti Cycles was incorporated on 31 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Ira Agarwal ceased to be Director on 14 Apr 2021. Bimla Agarwal ceased to be Director on 28 Jan 2019. Seema Agarwal ceased to be Director on 28 Jan 2019. Maruti Cycles has 9 board changes on record in total.
Yes, Maruti Cycles is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-56-0018981).
Maruti Cycles has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 May 2019.
The registered office of Maruti Cycles is at S – 1 Industrial Estate Partapur Delhi Road, Meerut, Uttar Pradesh, India – 250103.