MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0288448
Sturdy Bikes Private Limited - e-commerce in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.28 Cr
▲ 62% YoY
Net profit · FY 2024
₹26.33 Lakh
Net margin 6.1%
EBITDA · FY 2024
₹39.17 Lakh
EBITDA margin 9.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹11.6 Lakh
Issued & subscribed
Open charges
₹4.44 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
About Sturdy Bikes Private Limited
Data last updated:
Sturdy Bikes Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 30 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2021PTC124544. Its GSTIN is 24ABGCS5499F1ZZ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.6 Lakh. It is led by directors including Vijay Rameshbhai Gajjar and Ronak Gajjar.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.28 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹26.33 Lakh (net margin 6.1%) and EBITDA of ₹39.17 Lakh (EBITDA margin 9.1%).
The company is associated with 1 brand: Sturdy Bikes. As per MCA filings, the company has open charges of ₹4.44 Cr on record.
Sturdy Bikes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0288448). For more details, the company can be reached via its website sturdybikes.in.
Company details
CIN U74999GJ2021PTC124544
Registration Number 124544
Incorporation Date 30 July 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0288448
Key People
Vijay Rameshbhai Gajjar Director Ronak Gajjar Director Amit Hareshbhai Ranpariya Director Recognitions & Rankings of Sturdy Bikes
Contact details
Sturdy Bikes Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sturdybikes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNr. Hotel Gopal Srk, Bavla Road, Ahmedabad, Gujarat, India – 382210
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Sturdy Bikes Private Limited, buy the company report.
Comprehensive company report
Sturdy Bikes 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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Brands
Sturdy Bikes operates one associated brand: Sturdy Bikes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bicycle sales and services focusing on electric and non-electric models in India. | sturdybikes.in |
Business activity
The main business activity of Sturdy Bikes is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Sturdy Bikes Private Limited, buy the company report.
Financials of Sturdy Bikes Private Limited
FY 2025 filings availableSturdy Bikes Private Limited reported revenue of ₹4.28 Cr (up 62% YoY) for FY 2024.
Revenue · FY 2024
₹4.28 Cr ▲ 62%
Net profit · FY 2024
₹26.33 Lakh margin 6.1%
EBITDA · FY 2024
₹39.17 Lakh margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
EBITDA CAGR growth
1 year
▲ 118%
Revenue rose 62% in the latest year. EBITDA rose 118% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹39.17 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26.33 Lakh | ||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.1% | ||
| Net Profit Margin | 6.1% | ||
| 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 Sturdy Bikes Private Limited, buy the company report.
Board of directors of Sturdy Bikes Private Limited
Sturdy Bikes has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Rameshbhai Gajjar | Director | 30 Jul 2021 | 5 Years 3 Months | Current |
| Ronak Gajjar Also directs: Mobius X Mobility Private Limited | Director | 30 Jul 2021 | 5 Years 3 Months | Current |
| Amit Hareshbhai Ranpariya Also directs: Mobius X Mobility Private Limited | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Sumit Rajeshbhai Vachhani | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Sturdy Bikes Private Limited is audited by ASGM & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASGM & Co | FY 2023 | 137191W |
Shareholding
The shareholding of Sturdy Bikes Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sturdy Bikes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.44 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2025 | 101112090 | Others | ₹79 Lakh | Open | |
| 20 Sep 2024 | 100986297 | Others | ₹3.65 Cr | Open |
To see the full charge records of Sturdy Bikes Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sturdy Bikes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sturdy Bikes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sturdy Bikes Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
Active EPFO establishments
1
GST
Sturdy Bikes has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABGCS5499F1ZZ | Gujarat | Active | 14 Dec 2021 |
| 29ABGCS5499F1ZP | Karnataka | Active | 03 Aug 2023 |
To see the full GST registrations and return filing status of Sturdy Bikes Private Limited, buy the company report.
Recent activity
Sturdy Bikes Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Amit Hareshbhai Ranpariya was appointed as Director on 15 Dec 2023.
AGM
Sturdy Bikes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 365.00 Lakh registered on 20 Sep 2024 with Charge ID 100986297 was modified on 12 Sep 2025.
Charges
A charge with Others amounted to Rs. 79.00 Lakh with Charge ID 101112090 was registered on 17 Jun 2025.
Filing
Sturdy Bikes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 365.00 Lakh with Charge ID 100986297 was registered on 20 Sep 2024.
Appointed
Amit Hareshbhai Ranpariya was appointed as Director.
Appointed
Sumit Rajeshbhai Vachhani was appointed as Director.
Appointed
Ronak Gajjar was appointed as Director.
Appointed
Vijay Rameshbhai Gajjar was appointed as Director.
Incorporation
30 Jul 2021
Sturdy Bikes Private Limited was registered on 30 Jul 2021 with Roc Ahmedabad & aged 5 years 3 months as per MCA records.
Frequently asked questions
Sturdy Bikes is an active private limited company based in Ahmedabad, Gujarat, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 30 July 2021 (5+ years old) and is registered under CIN U74999GJ2021PTC124544.
Sturdy Bikes has 4 current directors:
- Vijay Rameshbhai Gajjar - Director
- Ronak Gajjar - Director
- Amit Hareshbhai Ranpariya - Director
- Sumit Rajeshbhai Vachhani - Director
The latest financial statements of Sturdy Bikes 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 2022 are in the company report.
The GSTIN of Sturdy Bikes is 24ABGCS5499F1ZZ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29ABGCS5499F1ZP (Karnataka).
The CIN (Corporate Identification Number) of Sturdy Bikes is U74999GJ2021PTC124544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sturdy Bikes was incorporated on 30 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amit Hareshbhai Ranpariya was appointed as Director on 15 Dec 2023. Sumit Rajeshbhai Vachhani was appointed as Director on 15 Dec 2023. Ronak Gajjar was appointed as Director on 30 Jul 2021. Sturdy Bikes has 4 board changes on record in total.
Yes, Sturdy Bikes is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0288448).
Sturdy Bikes can be reached through the website sturdybikes.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sturdy Bikes is at Nr. Hotel Gopal Srk, Bavla Road, Ahmedabad, Gujarat, India – 382210.
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