MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-30-0016494
Trinity Cycles India Private Limited - automotive in Khandala, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹192.28 Cr
▼ 5% YoY
Net profit · FY 2025
₹3.72 Cr
Net margin 1.9%
EBITDA · FY 2025
₹15.67 Cr
EBITDA margin 8.1%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹23.88 Cr
Issued & subscribed
Open charges
₹82.82 Cr
Satisfied ₹3.24 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
162
Provident fund records
About Trinity Cycles India Private Limited
Data last updated:
Trinity Cycles India Private Limited is a private limited company based in Khandala, Maharashtra, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 14 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC165503. Its GSTIN is 27AAFCT8355B1ZA (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.88 Cr. It is led by directors Paramjit Singh Trilok Singh Narang (Whole-Time Director) and Liang Jianxiong.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. Pap – 68 Phase 1 M.I.D.C Khandala Near Nipro Company Dhangarwadi Tal. Kh, Andala, Maharashtra, India – 412801.
As per the financials filed for FY 2025, the company reported a revenue of ₹192.28 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.72 Cr (net margin 1.9%) and EBITDA of ₹15.67 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 20% over five years.
The company has about 162 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Trinity Cycles and Trinity Cycles India. As per MCA filings, the company has open charges of ₹82.82 Cr and satisfied charges of ₹3.24 Cr on record. Court records list 31 cases involving the company, including 30 filed by the company and 1 filed against it; 25 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in December 2016. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 693 overdue payments to 38 micro and small suppliers.
Trinity Cycles India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-30-0016494). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trinitycyclesindia.com.
Company details
CIN U74999PN2016PTC165503
Registration Number 165503
Incorporation Date 14 July 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-30-0016494
CIN history
Trinity Cycles India has one previous CIN (Corporate Identification Number): U74999PN2016FTC165503. The current CIN is U74999PN2016PTC165503, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999PN2016PTC165503 | Current |
| U74999PN2016FTC165503 | Previous |
Recognitions & Rankings of Trinity Cycles India
Contact details
Trinity Cycles India Private Limited's registered office is in Khandala, Maharashtra.
- Registered AddressPlot No. Pap – 68 Phase 1 M.I.D.C Khandala Near Nipro Company Dhangarwadi Tal. Kh, Andala, Maharashtra, India – 412801
- IndustryAutomotive, Bicycle Mfg & Retail
Comprehensive company report
Trinity Cycles India 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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Secure checkout · GST invoice included
Brands
Trinity Cycles India operates two associated brands: Trinity Cycles and Trinity Cycles India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bicycle manufacturing and sales in India, emphasizing quality, sustainability, and community building. | trinitycyclesindia.com | |
| Bicycle manufacturing and mobility solutions in India. | trinitycycles.in |
Business activity
The main business activity of Trinity Cycles India is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Trinity Cycles India Private Limited, buy the company report.
Financials of Trinity Cycles India Private Limited
FY 2025 filings availableTrinity Cycles India Private Limited reported revenue of ₹192.28 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹192.28 Cr ▼ 5%
Net profit · FY 2025
₹3.72 Cr margin 1.9%
EBITDA · FY 2025
₹15.67 Cr margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 4%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 1%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 1% 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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| Total Expenses | |||||
| EBITDA | ₹15.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.72 Cr | ||||
| Balance Sheet | |||||
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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 | 8.1% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Trinity Cycles India Private Limited, buy the company report.
Board of directors of Trinity Cycles India Private Limited
Trinity Cycles India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paramjit Singh Trilok Singh Narang Also directs: Nineways the Cycle Factory Private Limited | Whole-Time Director | 14 Jul 2016 | 10 Years 3 Months | Current |
| Liang Jianxiong | Director | 25 Feb 2019 | 7 Years 8 Months | Current |
Charges & borrowings
Open charges
₹82.82 Cr
Satisfied charges
₹3.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2025 | 101095805 | Axis Bank Limited | ₹35 Cr | Open | |
| 25 May 2022 | 100579889 | Hdfc Bank Limited | ₹39.9 Lakh | Open | |
| 27 Mar 2021 | 100433127 | Others | ₹6.52 Cr | Open | |
| 08 Jan 2018 | 100145564 | Others | ₹40.9 Cr | Open | |
| 07 Apr 2021 | 100437782 | Hdfc Bank Limited | ₹24.3 Lakh | Satisfied |
To see the full charge records of Trinity Cycles India Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Trinity Cycles India Private Limited has 1 deal on record (1 rights issue); the latest was in December 2016.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2016 | Rights issue | ₹23.78 Cr | Investors: Guangzhou Trinity Bicycle Company Limited, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Trinity Cycles India Private Limited has 31 court cases on record: 30 filed by Trinity Cycles India, 1 filed against it. 25 cases are pending and 6 are disposed.
Total cases
31
Filed by the company
30
Filed against the company
1
Pending
25
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 1 | 25 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Hero Cycles Ltd | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against G C Calcutta Cycle Company Pvt. Ltd Through Chaitali Dutta and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Dakm Sports Solution Pvt. Ltd Through Rizwan Khan | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Trinity Cycles India 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
Trinity Cycles India Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 693 overdue payments to 38 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 38)
| 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 Trinity Cycles India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Trinity Cycles India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT8355B1ZA | Maharashtra | Active | 01 Jul 2017 |
| 03AAFCT8355B1ZK | Punjab | Active | 08 Mar 2019 |
To see the full GST registrations and return filing status of Trinity Cycles India Private Limited, buy the company report.
Recent activity
Trinity Cycles India Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Paramjit Singh Trilok Singh Narang ceased to be Director on 30 Sep 2022.
Charges
A charge with Others of Rs. 40.90 Cr registered on 08 Jan 2018 with Charge ID 100145564 was modified on 12 Nov 2025.
AGM
Trinity Cycles India Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 35.00 Cr registered on 13 May 2025 with Charge ID 101095805 was modified on 28 Jul 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 35.00 Cr with Charge ID 101095805 was registered on 13 May 2025.
Filing
Trinity Cycles India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 07 Apr 2021 via Charge ID 100437782 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.
Ceased
Paramjit Singh Trilok Singh Narang ceased to be Director.
Charges
A charge registered on 28 Mar 2019 via Charge ID 100253891 with Tata Capital Financial Services Limited was fully satisfied on 06 Jul 2022.
Charges
A charge with Others of Rs. 6.52 Cr registered on 27 Mar 2021 with Charge ID 100433127 was modified on 28 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100579889 was registered on 25 May 2022.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 3.00 Cr registered on 28 Mar 2019 with Charge ID 100253891 was modified on 20 Sep 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100437782 was registered on 07 Apr 2021.
9 earlier events are in the company report.
Frequently asked questions
Trinity Cycles India is an active private limited company based in Khandala, Maharashtra, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 14 July 2016 (10+ years old) and is registered under CIN U74999PN2016PTC165503.
Trinity Cycles India has 2 current directors:
- Paramjit Singh Trilok Singh Narang - Whole-Time Director
- Liang Jianxiong - Director
The latest financial statements of Trinity Cycles India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Trinity Cycles India is 27AAFCT8355B1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAFCT8355B1ZK (Punjab).
The CIN (Corporate Identification Number) of Trinity Cycles India is U74999PN2016PTC165503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trinity Cycles India has 31 court cases on record: 30 filed by the company and 1 filed against it. 25 are pending.
Trinity Cycles India was incorporated on 14 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Trinity Cycles India has 1 deal on record (1 rights issue); the latest was in December 2016.
Paramjit Singh Trilok Singh Narang ceased to be Director on 30 Sep 2022. Soni Chawla ceased to be Director on 28 Jan 2021. Liang Jianxiong ceased to be Additional Director on 30 Sep 2019. Trinity Cycles India has 6 board changes on record in total.
Yes, Trinity Cycles India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-30-0016494).
Trinity Cycles India has 12 MSME Form 1 returns on record between 2019 and 2023, listing 693 overdue payments to 38 micro and small suppliers. The latest return was filed on 13 Nov 2023.