MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0016935
Surpal Cycles Private Limited
Surpal Cycles Private Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.02 Cr
▲ 5% YoY
Net profit · FY 2025
₹38.65 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹1.74 Cr
EBITDA margin 5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.9 Cr
Issued & subscribed
Open charges
₹6.26 Cr
Satisfied ₹58.1 Cr
Company age
47 yrs
Est. 1979
Employees · EPFO
112
Provident fund records
About Surpal Cycles Private Limited
Data last updated:
Surpal Cycles Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 06 June 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1979PTC009663. Its GSTIN is 03AAACS0295G1ZP (Punjab).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.9 Cr. It was formerly known as Surpal Cycles Limited. It is led by directors Anil Kumar Surpal and Manju Surpal.
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 A – 11 Maharani Bagh Ring Road, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.02 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹38.65 Lakh (net margin 1.1%) and EBITDA of ₹1.74 Cr (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 112 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.26 Cr and satisfied charges of ₹58.1 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 5 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Surpal Cycles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0016935). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74899DL1979PTC009663
Registration Number 009663
Incorporation Date 06 June 1979
ROC Delhi
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 Small
Udyam Registration UDYAM-PB-12-0016935
Key People
Anil Kumar Surpal Director Manju Surpal Director Recognitions & Rankings of Surpal Cycles
Contact details
Surpal Cycles Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 11 Maharani Bagh Ring Road, New Delhi, Delhi, India – 110065
- IndustryAutomotive, Bicycle Mfg & Retail
To see the full contact details of Surpal Cycles Private Limited, buy the company report.
Comprehensive company report
Surpal 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Surpal Cycles is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Surpal Cycles Private Limited, buy the company report.
Financials of Surpal Cycles Private Limited
FY 2025 filings availableSurpal Cycles Private Limited reported revenue of ₹35.02 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹35.02 Cr ▲ 5%
Net profit · FY 2025
₹38.65 Lakh margin 1.1%
EBITDA · FY 2025
₹1.74 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 12%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▼ 23%
5 years · compounded
▼ 19%
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 28% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.65 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Surpal Cycles Private Limited, buy the company report.
Board of directors of Surpal Cycles Private Limited
Surpal Cycles has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Surpal | Director | 06 Jun 1979 | 47 Years 4 Months | Current |
| Manju Surpal Also directs: Surpal Education LLP, Fresh Air Education Private Limited | Director | 25 Jun 1994 | 32 Years 4 Months | Current |
Auditor
Surpal Cycles Private Limited is audited by ASHOK KHANDELWAL ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK KHANDELWAL ASSOCIATES | FY 2023 | 008618N |
Shareholding
The shareholding of Surpal 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Surpal Cycles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.26 Cr
Satisfied charges
₹58.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2024 | 101032191 | Hdfc Bank Limited | ₹69 Lakh | Open | |
| 04 Jun 2024 | 100947213 | Hdfc Bank Limited | ₹5.57 Cr | Open | |
| 28 Apr 2022 | 100576593 | State Bank of India | ₹6 Cr | Satisfied | |
| 30 Jul 2020 | 100359896 | Others | ₹92.05 Lakh | Satisfied | |
| 28 Sep 2019 | 100294858 | Axis Bank Limited | ₹1.49 Cr | Satisfied |
To see the full charge records of Surpal Cycles Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Surpal Cycles Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Surpal Cycles Private Limited has 17 court cases on record: 12 filed by Surpal Cycles, 5 filed against it. 5 cases are pending and 12 are disposed.
Total cases
17
Filed by the company
12
Filed against the company
5
Pending
5
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 5 | 4 |
| High courts | 6 | 0 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against M/S Arpan International Ltd. | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against M/S Saluja Construction Company Limited | Pending |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by M/S Arpan International Ltd | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Saluja Construction Company Limited | Pending |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed against the company by M/S Saluja Construction Company Ltd | Disposed |
To see the full case history of Surpal 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Surpal Cycles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Surpal Cycles has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Surpal Cycles Private Limited has a workforce of 112 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
112
Active EPFO establishments
1
Employee growth
-18.84%
GST
Surpal Cycles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACS0295G1ZP | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surpal Cycles Private Limited, buy the company report.
Recent activity
Surpal Cycles Private Limited has 2 board changes on record since 1979: 2 appointments. The latest: Manju Surpal was appointed as Director on 25 Jun 1994.
AGM
Surpal Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Surpal Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 5.57 Cr registered on 04 Jun 2024 with Charge ID 100947213 was modified on 21 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.69 Cr with Charge ID 101032191 was registered on 26 Dec 2024.
Charges
A charge registered on 15 Jun 2016 via Charge ID 100057158 with State Bank Of India was fully satisfied on 16 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.57 Cr with Charge ID 100947213 was registered on 04 Jun 2024.
Charges
A charge registered on 28 Apr 2022 via Charge ID 100576593 with State Bank Of India was fully satisfied on 23 Jan 2024.
Charges
A charge registered on 28 Sep 2019 via Charge ID 100294858 with Axis Bank Limited was fully satisfied on 03 Dec 2022.
Charges
A charge with State Bank Of India of Rs. 6.85 Cr registered on 15 Jun 2016 with Charge ID 100057158 was modified on 02 Dec 2022.
Charges
A charge with State Bank Of India amounted to Rs. 6.00 Cr with Charge ID 100576593 was registered on 28 Apr 2022.
Charges
A charge registered on 30 Jul 2020 via Charge ID 100359896 with Others was fully satisfied on 07 Mar 2022.
Charges
A charge registered on 03 Jul 2019 via Charge ID 100275957 with Others was fully satisfied on 07 Mar 2022.
31 earlier events are in the company report.
Frequently asked questions
Surpal Cycles is an active private limited company based in New Delhi, Delhi, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 06 June 1979 (47+ years old) and is registered under CIN U74899DL1979PTC009663.
Surpal Cycles has 2 current directors:
- Anil Kumar Surpal - Director
- Manju Surpal - Director
The latest financial statements of Surpal 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 Surpal Cycles is 03AAACS0295G1ZP, registered in Punjab.
The CIN (Corporate Identification Number) of Surpal Cycles is U74899DL1979PTC009663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surpal Cycles has 17 court cases on record: 12 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Surpal Cycles was incorporated on 06 June 1979, making it 47+ years old. It is registered with the Registrar of Companies, Delhi.
Surpal Cycles has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Manju Surpal was appointed as Director on 25 Jun 1994. Anil Kumar Surpal was appointed as Director on 06 Jun 1979.
Yes, Surpal Cycles is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0016935).