Transworld E Cycles Private Limited

Transworld E Cycles Private Limited - e-commerce in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U50500TN2018PTC126615 Incorporated 29 December 2018 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company e-commerce MSME · Small
Data last updated
Revenue · FY 2024
₹1.54 Cr
▼ 79% YoY
Net loss · FY 2024
₹15.29 Lakh
Net margin -9.9%
EBITDA · FY 2024
₹10.98 Lakh
EBITDA margin 7.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹8 Cr
Satisfied ₹20 Lakh
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings

About Transworld E Cycles Private Limited

Data last updated:

Transworld E Cycles Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 29 December 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U50500TN2018PTC126615. Its GSTIN is 33AAHCT0926C1ZS (Tamil Nadu). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohamed Farook Mohamed Isthiark and Mohamed Isthiark Mohamed Naqeeb.

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 New No. 109 Old No. 98 Velachery Main Road Guindy, Chennai, Tamil Nadu, India – 600032.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.54 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹15.29 Lakh (net margin -9.9%) and EBITDA of ₹10.98 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.

The company is associated with 1 brand: Elife. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹20 Lakh on record.

Transworld E Cycles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0079267). For more details, the company can be reached via its website waltxbicycles.com.

Company details

CIN U50500TN2018PTC126615
Registration Number 126615
Incorporation Date 29 December 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-TN-02-0079267

Recognitions & Rankings of Transworld E Cycles

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0079267

Contact details

Transworld E Cycles Private Limited's registered office is in Chennai, Tamil Nadu. Its website is waltxbicycles.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    New No. 109 Old No. 98 Velachery Main Road Guindy, Chennai, Tamil Nadu, India – 600032
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Transworld E Cycles Private Limited, buy the company report.

Comprehensive company report
Transworld E 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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Brands

Transworld E Cycles operates one associated brand: Elife. Each brand links to its own profile.

BrandDescriptionWebsite
Produces high-quality folding electric bicycles.elifebikes.com

Business activity

The main business activity of Transworld E Cycles is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Transworld E Cycles Private Limited, buy the company report.

Financials of Transworld E Cycles Private Limited

FY 2025 filings available

Transworld E Cycles Private Limited reported revenue of ₹1.54 Cr (down 79% YoY) for FY 2024.

Revenue · FY 2024
₹1.54 Cr ▼ 79%
Net loss · FY 2024
₹15.29 Lakh margin -9.9%
EBITDA · FY 2024
₹10.98 Lakh margin 7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 45%
EBITDA CAGR growth
1 year
▲ 108%
3 years · compounded
▼ 57%

Revenue has declined at a compounded annual rate (CAGR) of 45% over three years, including a 79% fall in the latest year. EBITDA rose 108% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹10.98 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹15.29 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.1%
Net Profit Margin-9.9%
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 Transworld E Cycles Private Limited, buy the company report.

Board of directors of Transworld E Cycles Private Limited

Transworld E Cycles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohamed Farook Mohamed IsthiarkDirector29 Dec 20187 Years 9 MonthsCurrent
Mohamed Isthiark Mohamed NaqeebDirector29 Dec 20187 Years 9 MonthsCurrent
Rohit Ichetira KuttappaDirector29 Dec 20187 Years 9 MonthsCurrent
Abbishek Vaidyanathan BharadwajDirector10 Oct 20224 Years 0 MonthsCurrent

Auditor

Transworld E Cycles Private Limited is audited by B Ramesh & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B Ramesh & AssociatesFY 202302985S

Shareholding

The shareholding of Transworld E 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Transworld E Cycles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8 Cr
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹8.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 May 2022100575655Hdfc Bank Limited₹8 CrOpen
03 Feb 2020100405972Canara Bank₹20 LakhSatisfied

To see the full charge records of Transworld E Cycles Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Transworld E Cycles Private Limited has 5 MSME Form 1 returns on record between 2022 and 2023, listing 190 overdue payments to 8 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 8)

SupplierAmount dueDue sinceReported on
SLB Logistics Private Limited
an individual supplier
Pegasus Forwarding Services Private Limited
Simpatico E- Solution Private Limited
an individual supplier

To see the full MSME payment records of Transworld E Cycles Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Transworld E Cycles has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
33AAHCT0926C1ZSTamil NaduActive30 Apr 2019

To see the full GST registrations and return filing status of Transworld E Cycles Private Limited, buy the company report.

Recent activity

Transworld E Cycles Private Limited has 6 board changes on record since 2018: 5 appointments and 1 cessation. The latest: Abbishek Vaidyanathan Bharadwaj was appointed as Director on 10 Oct 2022.

AGM
Transworld E Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Transworld E Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Abbishek Vaidyanathan Bharadwaj was appointed as Director.
Ceased
Ravichandran Lakshminarayanan ceased to be Director.
Charges
A charge registered on 03 Feb 2020 via Charge ID 100405972 with Canara Bank was fully satisfied on 17 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 800.00 Lakh with Charge ID 100575655 was registered on 09 May 2022.
Charges
A charge with Canara Bank amounted to Rs. 20.00 Lakh with Charge ID 100405972 was registered on 03 Feb 2020.
Appointed
Mohamed Farook Mohamed Isthiark was appointed as Director.
Appointed
Mohamed Isthiark Mohamed Naqeeb was appointed as Director.
Appointed
Ravichandran Lakshminarayanan was appointed as Director.
Appointed
Rohit Ichetira Kuttappa was appointed as Director.
Incorporation
29 Dec 2018
Transworld E Cycles Private Limited was registered on 29 Dec 2018 with Roc Chennai & aged 7 years 9 months as per MCA records.

Frequently asked questions

Transworld E Cycles is an active private limited company based in Chennai, Tamil Nadu, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 29 December 2018 (8+ years old) and is registered under CIN U50500TN2018PTC126615.

Transworld E Cycles has 4 current directors:

The latest financial statements of Transworld E 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 FY 2019 are in the company report.

The GSTIN of Transworld E Cycles is 33AAHCT0926C1ZS, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Transworld E Cycles is U50500TN2018PTC126615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Transworld E Cycles was incorporated on 29 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.

Abbishek Vaidyanathan Bharadwaj was appointed as Director on 10 Oct 2022. Ravichandran Lakshminarayanan ceased to be Director on 10 Oct 2022. Mohamed Farook Mohamed Isthiark was appointed as Director on 29 Dec 2018. Transworld E Cycles has 6 board changes on record in total.

Yes, Transworld E Cycles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0079267).

Transworld E Cycles has 5 MSME Form 1 returns on record between 2022 and 2023, listing 190 overdue payments to 8 micro and small suppliers. The latest return was filed on 18 Dec 2023.

Transworld E Cycles can be reached through the website waltxbicycles.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Transworld E Cycles is at New No. 109 Old No. 98 Velachery Main Road Guindy, Chennai, Tamil Nadu, India – 600032.