About Penny Cycles Private Limited
Data last updated: 26 July 2025
Penny Cycles Private Limited was a private limited company based in Ludhiana, Punjab, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It specialised in sports goods, a part of the broader musical instruments sector. Incorporated on 04 May 1995.
Registered with ROC Chandigarh under CIN U35921PB1995PTC016347.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.4 Lakh. It was led by directors Jagjit Singh and Kamaljit Kaur.
Last AGM: 30 September 2016. Financial statements filed for year ended 31 March 2016. Office: C – 589 Phase – Ii Urban Estate Focal Point, Ludhiana, Punjab, India – 141010.
As per MCA filings, the company had satisfied charges of ₹25 Lakh on record.
The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk. The last known website on record is pennycycle.com.
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Registered AddressC – 589 Phase – Ii Urban Estate Focal Point, Ludhiana, Punjab, India – 141010
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IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
- Historical Financials and ratios
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Board of Directors of Penny Cycles Private Limited
Penny Cycles Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagjit Singh | Director | 04 May 1995 | 31 Years 2 Months | As last reported |
| Kamaljit Kaur | Director | 21 Mar 2007 | 19 Years 4 Months | As last reported |
Financials of Penny Cycles Private Limited FY 2016 filings available
Ten-year financial statements for Penny Cycles Private Limited
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Charges & Borrowings of Penny Cycles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jan 1997 | State Bank of India | ₹25 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Penny Cycles Private Limited
View historical data on people associated with Penny Cycles Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Penny Cycles Private Limited
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GST Compliance of Penny Cycles Private Limited
GST registrations and filing compliance for Penny Cycles Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Penny Cycles Private Limited
Credit ratings, litigation, and regulatory alerts for Penny Cycles Private Limited
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MSME Payment Delays by Penny Cycles Private Limited
MSME payment history for Penny Cycles Private Limited
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Subsidiaries & Group Companies of Penny Cycles Private Limited
Corporate group structure for Penny Cycles Private Limited
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MCA Filings & Documents of Penny Cycles Private Limited
MCA filings and documents for Penny Cycles Private Limited
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Recent Activity on Penny Cycles Private Limited
Frequently Asked Questions about Penny Cycles Private Limited
Penny Cycles Private Limited has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Penny Cycles Private Limited is a struck-off private limited company in the musical instruments sector based in Ludhiana, Punjab, India. It was incorporated on 04 May 1995 and is registered under CIN U35921PB1995PTC016347. The company has been struck off by the Registrar of Companies and is no longer operational.
The current directors of Penny Cycles Private Limited are:
- Jagjit Singh - Director
- Kamaljit Kaur - Director
The CIN (Corporate Identification Number) of Penny Cycles Private Limited is U35921PB1995PTC016347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Penny Cycles Private Limited is musical instruments. The company specifically operates in sports goods. The company was active in this sector before being struck off.
The company has its registered office at C – 589 Phase – Ii Urban Estate Focal Point, Ludhiana, Punjab, India – 141010.