MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0002382
Surindera Cycles Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹68.85 Cr
▲ 13% YoY
Net profit · FY 2024
₹83.27 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹4.95 Cr
EBITDA margin 7.2%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.39 Cr
Issued & subscribed
Open charges
₹36.84 Cr
Satisfied ₹89.78 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
54
Provident fund records
About Surindera Cycles Private Limited
Data last updated:
Surindera Cycles Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 08 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35923PB1988PTC007946. Its GSTIN is 03AACCS4621A1Z5 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.39 Cr. It was formerly known as Surindera Cycles Limited. It is led by directors including Baljeet Kaur and Surinder Kaur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 195 C Phase Viifocal Point Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.85 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹83.27 Lakh (net margin 1.2%) and EBITDA of ₹4.95 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.84 Cr and satisfied charges of ₹89.78 Cr on record. Court records list 14 cases involving the company, including 13 filed by the company and 1 filed against it. The company has 1 deal on record (1 rights issue); the latest was in October 2017. The company has 4 MSME Form 1 returns on record between 2019 and 2023, listing 166 overdue payments to 41 micro and small suppliers.
Surindera Cycles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0002382). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surindera.com.
Company details
CIN U35923PB1988PTC007946
Registration Number 007946
Incorporation Date 08 February 1988
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0002382
Recognitions & Rankings of Surindera Cycles
Contact details
Surindera Cycles Private Limited's registered office is in Ludhiana, Punjab. Its website is surindera.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address195 C Phase Viifocal Point Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Surindera Cycles Private Limited, buy the company report.
Comprehensive company report
Surindera Cycles 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 Surindera Cycles is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Surindera Cycles Private Limited, buy the company report.
Financials of Surindera Cycles Private Limited
FY 2024 filings availableSurindera Cycles Private Limited reported revenue of ₹68.85 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹68.85 Cr ▲ 13%
Net profit · FY 2024
₹83.27 Lakh margin 1.2%
EBITDA · FY 2024
₹4.95 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 5%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 3%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 13% growth in the latest year. EBITDA rose 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 | ₹4.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹83.27 Lakh | ||||
| 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 | 7.2% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Surindera Cycles Private Limited, buy the company report.
Board of directors of Surindera Cycles Private Limited
Surindera Cycles has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baljeet Kaur Also directs: Sondh Impex Private Limited | Director | 07 Jun 2005 | 21 Years 4 Months | Current |
| Surinder Kaur | Director | 08 Feb 1988 | 38 Years 8 Months | Current |
| Harjit Singh | Director | 08 Feb 1988 | 38 Years 8 Months | Current |
| Upinder Singh | Director | 01 Jun 1989 | 37 Years 4 Months | Current |
Auditor
Surindera Cycles Private Limited is audited by Gupta Sharma & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Sharma & Associates | FY 2023 | 001466N |
Shareholding
The shareholding of Surindera Cycles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Surindera Cycles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹36.84 Cr
Satisfied charges
₹89.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2025 | 101168557 | Others | ₹5 Cr | Open | |
| 02 May 2025 | 101088289 | Others | ₹5.2 Cr | Open | |
| 31 Oct 2023 | 100818146 | Others | ₹2 Cr | Open | |
| 28 Dec 2022 | 100659142 | Others | ₹24.64 Cr | Open | |
| 01 Feb 2022 | 100559390 | Hdfc Bank Limited | ₹4.75 Cr | Satisfied |
To see the full charge records of Surindera Cycles Private Limited, buy the company report.
Total charge records: 43 View all charges
Deals & funding
Surindera Cycles Private Limited has 1 deal on record (1 rights issue); the latest was in October 2017.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Rights issue | ₹2.17 Cr | Investors: Sondh Impex Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Surindera Cycles Private Limited has 14 court cases on record: 13 filed by Surindera Cycles, 1 filed against it. All cases are disposed.
Total cases
14
Filed by the company
13
Filed against the company
1
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Arpan International Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S National Traders | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Daniyal Enterprises and 1 other | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Housie Cycle Stop and 1 other | Disposed |
To see the full case history of Surindera Cycles Private Limited, 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.
Credit ratings & regulatory alerts
Surindera Cycles Private Limited was last rated by Care on 11 Aug 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Aug 2026 |
To see the full credit ratings and regulatory alerts of Surindera Cycles Private Limited, buy the company report.
MSME payment delays
Surindera Cycles Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 166 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Surindera Cycles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Surindera Cycles Private Limited has a workforce of 54 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
54
Active EPFO establishments
1
Employee growth
-16.92%
GST
Surindera Cycles has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS4621A1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surindera Cycles Private Limited, buy the company report.
Recent activity
Surindera Cycles Private Limited has 4 board changes on record since 1988: 4 appointments. The latest: Baljeet Kaur was appointed as Director on 07 Jun 2005.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101168557 was registered on 18 Sep 2025.
Charges
A charge registered on 01 Feb 2022 via Charge ID 100559390 with Hdfc Bank Limited was fully satisfied on 14 Aug 2025.
Charges
A charge registered on 17 Feb 2021 via Charge ID 100451066 with Hdfc Bank Limited was fully satisfied on 22 Jul 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 17 Feb 2021 with Charge ID 100451066 was modified on 12 May 2025.
Charges
A charge with Others amounted to Rs. 5.20 Cr with Charge ID 101088289 was registered on 02 May 2025.
Charges
A charge with Others of Rs. 24.64 Cr registered on 28 Dec 2022 with Charge ID 100659142 was modified on 12 Dec 2024.
AGM
Surindera Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Surindera Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100818146 was registered on 31 Oct 2023.
Charges
A charge with Others amounted to Rs. 24.64 Cr with Charge ID 100659142 was registered on 28 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.75 Cr with Charge ID 100559390 was registered on 01 Feb 2022.
Charges
A charge registered on 30 Jul 2020 via Charge ID 100362165 with Indian Bank was fully satisfied on 21 Jun 2021.
92 earlier events are in the company report.
Frequently asked questions
Surindera Cycles is an active private limited company based in Ludhiana, Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 08 February 1988 (38+ years old) and is registered under CIN U35923PB1988PTC007946.
Surindera Cycles has 4 current directors:
- Baljeet Kaur - Director
- Surinder Kaur - Director
- Harjit Singh - Director
- Upinder Singh - Director
The latest financial statements of Surindera Cycles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Surindera Cycles is 03AACCS4621A1Z5, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Surindera Cycles is U35923PB1988PTC007946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surindera Cycles has 14 court cases on record: 13 filed by the company and 1 filed against it.
Surindera Cycles was incorporated on 08 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
Surindera Cycles has 1 deal on record (1 rights issue); the latest was in October 2017.
Baljeet Kaur was appointed as Director on 07 Jun 2005. Upinder Singh was appointed as Director on 01 Jun 1989. Harjit Singh was appointed as Director on 08 Feb 1988. Surindera Cycles has 4 board changes on record in total.
Yes, Surindera Cycles is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0002382).
Surindera Cycles has 4 MSME Form 1 returns on record between 2019 and 2023, listing 166 overdue payments to 41 micro and small suppliers. The latest return was filed on 31 Aug 2023.