Prima Cycles Pvt Ltd Company Logo

Prima Cycles Pvt Ltd - Company Profile

It is a automotive private limited company based in Punjab, Punjab, India, established in 1991.

1991 | Punjab, Punjab, India | Active
Last Updated:

About Prima Cycles Pvt Ltd

Prima Cycles Pvt Ltd, a active private limited company, was established on 13 March 1991 in Punjab, Punjab, India. Engaging in bicycle mfg & retail within the manufacturing sector, it holds CIN: U35921PB1991PTC011174. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹0.82 M.

It upholds a compliant status. Employing 15 professional, Its leadership includes Manminder Kaur (Additional Director), Harmanjit Singh (Director), Surjit Kaur Rai (Whole-Time Director). It holds ₹15.94 Cr open charges and ₹6.60 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 29 49/1G T Road Daba Road Ludhiana, Punjab, Punjab, 141003.

Company Details

  • CIN/LLPIN

    U35921PB1991PTC011174

  • Registration Number

    011174

  • Incorporation Date

    13 March 1991

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹0.82 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.82 M
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.94 Cr
  • Satisfied Charges ₹ 6.60 M
  • Revenue Growth -10.90%
  • Profit Growth 10.21%
  • Ebitda -5.38%
  • Net Worth 15.50%
  • Total Assets 7.27%
Company report

Prima Cycles Pvt Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Prima Cycles Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Prima Cycles Pvt Ltd?

Current Directors

NameDesignationAppointment DateStatus
Manminder KaurAdditional Director03 Mar 2016Current
Harmanjit SinghDirector03 Feb 2003Current
Surjit Kaur RaiWhole-Time Director30 Sep 2006Current
Harinder Singh RaiManaging Director13 Mar 1991Current
Kirat Kaur RaiAdditional Director01 Aug 2025Current

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Financial Performance of Prima Cycles.

Prima Cycles Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.9% decrease. The company also saw a substantial improvement in profitability, with a 10.21% increase in profit. The company's net worth Soared by an impressive increase of 15.5%.

Prima Cycles revenue growth over time
Prima Cycles profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-10.90%
Revenue from Operations
-11.08%
Total Assets
7.27%
Profit or Loss
10.21%
Net Worth
15.50%
EBITDA
-5.38%

What is the Ownership and Shareholding Structure of Prima Cycles?

Unlock access to Prima Cycles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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Charges (Loans)

Open Charges

₹159,441,000.00

Satisfied Charges

₹6,600,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.73 Cr
  • Sidbi : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2024Sidbi₹2.12 MOpen
29 Jan 2019Hdfc Bank Limited₹5.25 CrOpen
29 Jan 2019Hdfc Bank Limited₹1.25 CrOpen
10 Jan 2014Hdfc Bank Limited₹9.23 CrOpen
16 Aug 2001State Bank Of India₹6.00 MSatisfied

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How Many Employees Work at Prima Cycles?

Prima Cycles has a workforce of 15 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Prima Cycles Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prima Cycles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prima Cycles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Prima Cycles

Recent Activity within the Organization

  • Director Appointment

    The activity Kirat Kaur Rai was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2025 & has been associated with this company since 4 months 26 days . was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 92.32 M registered on 10 Jan 2014 with Charge ID 10476090 was modified on 30 Jan 2025. was completed.

  • Annual General Meeting

    The activity Prima Cycles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Sidbi amounted to Rs. 2.12 M with Charge ID 100981573 was registered on 27 Aug 2024. was documented.

  • Balance Sheet

    Progress on Prima Cycles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 52.50 M registered on 29 Jan 2019 with Charge ID 100248532 was modified on 29 Dec 2022. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Prima Cycles Pvt Ltd?

    The CIN of Prima Cycles Pvt Ltd is U35921PB1991PTC011174.

  • Where is Prima Cycles Pvt Ltd headquartered?

    Prima Cycles Pvt Ltd is headquartered at 29 49/1G T Road Daba Road Ludhiana, Punjab, Punjab, 141003.

  • When was Prima Cycles Pvt Ltd incorporated?

    Prima Cycles Pvt Ltd was incorporated on 13 March 1991.

  • Who are the current directors of Prima Cycles Pvt Ltd?

    The current directors of Prima Cycles Pvt Ltd are

  • What is the primary industry of Prima Cycles Pvt Ltd?

    The primary industry of Prima Cycles Pvt Ltd is Manufacturing.

  • Is Prima Cycles Pvt Ltd a listed company?

    Prima Cycles Pvt Ltd is unlisted.

  • What is the capital structure of Prima Cycles Pvt Ltd?

    The authorized capital of Prima Cycles Pvt Ltd is ₹2.00 M, and the paid-up capital is ₹0.82 M.

  • What is the compliance status of Prima Cycles Pvt Ltd?

    The compliance status of Prima Cycles Pvt Ltd is Compliant.

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