North Bicycles Private Limited

North Bicycles Private Limited - transportation in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U35999GJ2017PTC099306 Incorporated 03 October 2017 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company transportation MSME · Micro
Data last updated
Revenue · FY 2025
₹97.05 Lakh
▼ 65% YoY
Net loss · FY 2025
₹32,340
Net margin -0.3%
EBITDA · FY 2025
₹29,910
EBITDA margin 0.3%
Authorised capital
₹9 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About North Bicycles Private Limited

Data last updated:

North Bicycles Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the transport equipment segment of the transportation sector. It was incorporated on 03 October 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35999GJ2017PTC099306.

The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Marshalbhai Ashokbhai Donga and Bhavin Maganbhai Donga.

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 Anand Nagar Q No.66 Jay Ambe Krupa Nr. Radhe Krushna Dairy, Rajkot, Gujarat, India – 360002.

As per the financials filed for FY 2025, the company reported a revenue of ₹97.05 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹32,340 (net margin -0.3%) and EBITDA of ₹29,910 (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.

North Bicycles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0128134). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U35999GJ2017PTC099306
Registration Number 099306
Incorporation Date 03 October 2017
ROC Ahmedabad
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-GJ-20-0128134
Key People
Marshalbhai Ashokbhai Donga Director Bhavin Maganbhai Donga Director Hardeep Ashokbhai Donga Director

Recognitions & Rankings of North Bicycles

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-20-0128134

Contact details

North Bicycles Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Anand Nagar Q No.66 Jay Ambe Krupa Nr. Radhe Krushna Dairy, Rajkot, Gujarat, India – 360002
  • Industry
    Transportation, Transport Equipment, Manufacturing

To see the full contact details of North Bicycles Private Limited, buy the company report.

Comprehensive company report
North Bicycles 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
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Business activity

The main business activity of North Bicycles is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of North Bicycles Private Limited, buy the company report.

Financials of North Bicycles Private Limited

FY 2025 filings available

North Bicycles Private Limited reported revenue of ₹97.05 Lakh (down 65% YoY) for FY 2025.

Revenue · FY 2025
₹97.05 Lakh ▼ 65%
Net loss · FY 2025
₹32,340 margin -0.3%
EBITDA · FY 2025
₹29,910 margin 0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 14%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 41%
5 years · compounded
▼ 37%

Revenue fell 65% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 75% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹29,910
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹32,340
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.3%
Net Profit Margin-0.3%
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 North Bicycles Private Limited, buy the company report.

Board of directors of North Bicycles Private Limited

North Bicycles has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Marshalbhai Ashokbhai DongaDirector03 Oct 20179 Years 1 MonthsCurrent
Bhavin Maganbhai DongaDirector03 Oct 20179 Years 1 MonthsCurrent
Hardeep Ashokbhai DongaDirector03 Oct 20179 Years 1 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for North Bicycles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for North Bicycles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

North Bicycles Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Bhavin Maganbhai Donga was appointed as Director on 03 Oct 2017.

AGM
North Bicycles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
North Bicycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Bhavin Maganbhai Donga was appointed as Director.
Appointed
Hardeep Ashokbhai Donga was appointed as Director.
Appointed
Marshalbhai Ashokbhai Donga was appointed as Director.
Incorporation
03 Oct 2017
North Bicycles Private Limited was registered on 03 Oct 2017 with Roc Ahmedabad & aged 9 years 1 month as per MCA records.

Frequently asked questions

North Bicycles is an active private limited company based in Rajkot, Gujarat, India. The company works in transport equipment, within the transportation industry. It was incorporated on 03 October 2017 (9+ years old) and is registered under CIN U35999GJ2017PTC099306.

North Bicycles has 3 current directors:

The latest financial statements of North Bicycles 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 FY 2018 are in the company report.

The CIN (Corporate Identification Number) of North Bicycles is U35999GJ2017PTC099306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

North Bicycles was incorporated on 03 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Bhavin Maganbhai Donga was appointed as Director on 03 Oct 2017. Hardeep Ashokbhai Donga was appointed as Director on 03 Oct 2017. Marshalbhai Ashokbhai Donga was appointed as Director on 03 Oct 2017.

Yes, North Bicycles is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0128134).

The registered office of North Bicycles is at Anand Nagar Q No.66 Jay Ambe Krupa Nr. Radhe Krushna Dairy, Rajkot, Gujarat, India – 360002.

North Bicycles operates in the transportation industry, in the transport equipment segment.

The compliance status of North Bicycles is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.