MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0009725
Satyam Cycles Pvt Ltd - automobile in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.27 Cr
▼ 2% YoY
Net profit · FY 2024
₹46,700
Net margin 0.2%
EBITDA · FY 2024
₹6.08 Lakh
EBITDA margin 2.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.25 Lakh
Issued & subscribed
Open charges
₹30.06 Lakh
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
5
Provident fund records
About Satyam Cycles Pvt Ltd
Data last updated:
Satyam Cycles Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the motor vehicle segment of the automobiles sector. It was incorporated on 25 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1994PTC014144. Its GSTIN is 03AACCS5636D1ZQ (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.25 Lakh. It is led by directors including Atul Soni (Managing Director) and Bhuwnesh Kumar Soni (Whole-Time Director).
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 E 570 Phase Vifocal Point Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.27 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹46,700 (net margin 0.2%) and EBITDA of ₹6.08 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30.06 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it.
Satyam Cycles Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0009725). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyamcycles.com.
Company details
CIN U35921PB1994PTC014144
Registration Number 014144
Incorporation Date 25 January 1994
ROC Chandigarh
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-PB-12-0009725
Recognitions & Rankings of Satyam Cycles
Contact details
Satyam Cycles Pvt Ltd's registered office is in Ludhiana, Punjab. Its website is satyamcycles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE 570 Phase Vifocal Point Ludhiana, Punjab, India – 141010
- IndustryAutomobile, Motor Vehicle, Other Transport Vehicles, Trailers, Semi Trailers
To see the full contact details of Satyam Cycles Pvt Ltd, buy the company report.
Comprehensive company report
Satyam Cycles Pvt Ltd - 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 Satyam 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 Satyam Cycles Pvt Ltd, buy the company report.
Financials of Satyam Cycles Pvt Ltd
FY 2025 filings availableSatyam Cycles Pvt Ltd reported revenue of ₹2.27 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹2.27 Cr ▼ 2%
Net profit · FY 2024
₹46,700 margin 0.2%
EBITDA · FY 2024
₹6.08 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 9%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 21%
5 years · compounded
▲ 30%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 13% 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 | ₹6.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46,700 | ||||
| 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 | 2.7% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Satyam Cycles Pvt Ltd, buy the company report.
Board of directors of Satyam Cycles Pvt Ltd
Satyam Cycles has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhuwnesh Kumar Soni | Whole-Time Director | 25 Jan 1994 | 32 Years 9 Months | Current |
| Pushan Soni | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
| Atul Soni | Managing Director | 25 Jan 1994 | 32 Years 9 Months | Current |
Auditor
Satyam Cycles Pvt Ltd is audited by MUNISH SAMEER & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUNISH SAMEER & ASSOCIATES | FY 2017 | 013540N |
Shareholding
The shareholding of Satyam Cycles Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Satyam Cycles Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹30.06 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2021 | 100468805 | Hdfc Bank Limited | ₹6.05 Lakh | Open | |
| 26 Mar 2001 | 90178208 | Union Bank of India | ₹2.8 Lakh | Open | |
| 29 Jan 1998 | 90182387 | Union Bank of India | ₹2.1 Lakh | Open | |
| 27 May 1997 | 90182289 | Union Bank of India | ₹40,000 | Open | |
| 18 Sep 1996 | 90177720 | Union Bank of India | ₹3 Lakh | Open |
To see the full charge records of Satyam Cycles Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Satyam Cycles Pvt Ltd has 6 court cases on record: 6 filed against it. All cases are disposed.
Total cases
6
Filed against the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by Oerlikon-Schweisstechnik Ag | Disposed |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by Oerlikon Schweisstechnik Ag | Disposed |
To see the full case history of Satyam Cycles Pvt Ltd, 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 Satyam Cycles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satyam Cycles Pvt Ltd has a workforce of 5 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-16.67%
GST
Satyam Cycles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS5636D1ZQ | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satyam Cycles Pvt Ltd, buy the company report.
Recent activity
Satyam Cycles Pvt Ltd has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Pushan Soni ceased to be Additional Director on 30 Sep 2022.
AGM
Satyam Cycles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Satyam Cycles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Pushan Soni ceased to be Additional Director.
Appointed
Pushan Soni was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.05 Lakh with Charge ID 100468805 was registered on 20 Jul 2021.
Charges
A charge with Others of Rs. 10.00 Lakh registered on 20 Dec 1994 with Charge ID 90182007 was modified on 16 Jul 2021.
Charges
A charge with Union Bank Of India amounted to Rs. 2.80 Lakh with Charge ID 90178208 was registered on 26 Mar 2001.
Charges
A charge with Union Bank Of India amounted to Rs. 2.10 Lakh with Charge ID 90182387 was registered on 29 Jan 1998.
Charges
A charge with Union Bank Of India amounted to Rs. 0.40 Lakh with Charge ID 90182289 was registered on 27 May 1997.
Charges
A charge with Union Bank Of India of Rs. 3.00 Lakh registered on 18 Sep 1996 with Charge ID 90177720 was modified on 27 May 1997.
Charges
A charge with Union Bank Of India amounted to Rs. 3.00 Lakh with Charge ID 90177720 was registered on 18 Sep 1996.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 90182007 was registered on 20 Dec 1994.
4 earlier events are in the company report.
Frequently asked questions
Satyam Cycles is an active private limited company based in Ludhiana, Punjab, India. The company works in motor vehicle, within the automobile industry. It was incorporated on 25 January 1994 (32+ years old) and is registered under CIN U35921PB1994PTC014144.
Satyam Cycles has 3 current directors:
- Atul Soni - Managing Director
- Bhuwnesh Kumar Soni - Whole-Time Director
- Pushan Soni - Director
The latest financial statements of Satyam 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 Satyam Cycles is 03AACCS5636D1ZQ, registered in Punjab.
The CIN (Corporate Identification Number) of Satyam Cycles is U35921PB1994PTC014144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyam Cycles has 6 court cases on record: 6 filed against it.
Satyam Cycles was incorporated on 25 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
Pushan Soni ceased to be Additional Director on 30 Sep 2022. Pushan Soni was appointed as Director on 07 Mar 2022. Atul Soni was appointed as Managing Director on 25 Jan 1994. Satyam Cycles has 4 board changes on record in total.
Yes, Satyam Cycles is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0009725).
Satyam Cycles can be reached through the website satyamcycles.com. Its registered office is in Ludhiana, Punjab, India.