
About Team Cycle World Private Limited
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Team Cycle World Private Limited is a private limited company based in Anekal, Karnataka, India, recognised as a startup by DPIIT. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 06 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC124974. Its GSTIN is 29AAHCT3639C1Z9 (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.8 Lakh. It is led by directors Krishnasamy Deveraj and Sabitha Krishnasamy.
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 Anekal, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.42 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹56.47 Lakh (net margin 1.9%) and EBITDA of ₹2.1 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 138% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹1 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.
Team Cycle World Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0059818). For more details, the company can be reached via its website cycleworld.in.
Company details
Recognitions & Rankings of Team Cycle World
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0059818
Contact details
Team Cycle World Private Limited's registered office is in Anekal, Karnataka. Its website is cycleworld.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSite #536 Cycle World Avenue Bullet Venkatesh Reddy Layout Hulimanga, La Village, Anekal, Karnataka, India – 560105
- IndustryAutomotive, Bicycle Mfg & Retail, Electrical and Bio Fuel Vehicles
To see the full contact details of Team Cycle World Private Limited, buy the company report.
- 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
Business activity
The main business activity of Team Cycle World is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Team Cycle World Private Limited, buy the company report.
Financials of Team Cycle World Private Limited
FY 2025 filings availableTeam Cycle World Private Limited reported revenue of ₹29.42 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 138%. EBITDA rose 21% 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 |
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| EBITDA | ₹2.1 Cr | ||||
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| Net Profit (PAT) | ₹56.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Team Cycle World Private Limited, buy the company report.
Board of directors of Team Cycle World Private Limited
Team Cycle World has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnasamy Deveraj Also directs: Gsports EV Private Limited | Director | 06 Jun 2019 | 7 Years 4 Months | Current |
| Sabitha Krishnasamy Also directs: Gsports EV Private Limited | Director | 06 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Team Cycle World Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivansh Autozone Private Limited | ₹29.48 Cr (FY 2015) | 0.0% | Mandi, Himachal Pradesh, India | |||
| Futuristics Motor Dealers Private Limited | ₹29.44 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Team Cycle World Private Limitedthis company | ₹29.42 Cr (FY 2025) | ₹56.47 Lakh | 1.9% | -11.0% | 30 | Anekal, Karnataka, India |
| Vicon Wheels (India) Private Limited | ₹29.36 Cr (FY 2016) | -45.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Team Cycle World Private Limited, buy the company report.
Auditor
Team Cycle World Private Limited is audited by S S P G AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S P G AND ASSOCIATES | FY 2023 | 024713S |
Shareholding
The shareholding of Team Cycle World Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Team Cycle World Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2025 | 101144959 | The Hongkong and Shanghai Banking Corporation Limited | ₹9 Cr | Open | |
| 23 Nov 2023 | 100834419 | Yes Bank Limited | ₹3 Cr | Open | |
| 13 Jun 2023 | 100735849 | Hdfc Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Team Cycle World Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Team Cycle World Private Limited has 5 court cases on record: 5 filed by Team Cycle World. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. the Bike Nation | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. the Bike Nation | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Motors Cycle | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Motors Cycle | Disposed |
To see the full case history of Team Cycle World 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 Team Cycle World Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Team Cycle World Private Limited has a workforce of 30 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Team Cycle World has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT3639C1Z9 | Karnataka | Active | 24 Jul 2019 |
To see the full GST registrations and return filing status of Team Cycle World Private Limited, buy the company report.
Recent activity
Team Cycle World Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Krishnasamy Deveraj was appointed as Director on 06 Jun 2019.
Frequently asked questions
Team Cycle World is an active private limited company based in Anekal, Karnataka, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 06 June 2019 (7+ years old) and is registered under CIN U74999KA2019PTC124974.
Team Cycle World has 2 current directors:
- Krishnasamy Deveraj - Director
- Sabitha Krishnasamy - Director
The latest financial statements of Team Cycle World 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 2020 are in the company report.
The GSTIN of Team Cycle World is 29AAHCT3639C1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Team Cycle World is U74999KA2019PTC124974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Team Cycle World has 5 court cases on record: 5 filed by the company. 1 is pending.
Team Cycle World was incorporated on 06 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Team Cycle World by revenue are Shivansh Autozone Private Limited, Futuristics Motor Dealers Private Limited, Vicon Wheels (India) Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Krishnasamy Deveraj was appointed as Director on 06 Jun 2019. Sabitha Krishnasamy was appointed as Director on 06 Jun 2019.
Yes, Team Cycle World is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Team Cycle World is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0059818).