DPIIT recognised startup Government of India
Startup India
Tru E Bikes Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.96 Cr
▲ 191% YoY
Net profit · FY 2025
₹18.55 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹54.34 Lakh
EBITDA margin 2.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10.4 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
6
Provident fund records
About Tru E Bikes Private Limited
Data last updated:
Tru E Bikes Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 09 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28100PB2020PTC052264. Its GSTIN is 03AAICT2227M1ZB (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.4 Lakh. It is led by directors including Rohini Sharma and Shaveta Arora.
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 Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.96 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹18.55 Lakh (net margin 0.9%) and EBITDA of ₹54.34 Lakh (EBITDA margin 2.6%).
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tru E Bikes. As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Tru E Bikes Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-PB-12-0024765). For more details, the company can be reached via its website tru-ebikes.com.
Company Details of Tru E Bikes Private Limited
CIN U28100PB2020PTC052264
Registration Number 052264
Incorporation Date 09 November 2020
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-PB-12-0024765
Recognitions & Rankings of Tru E Bikes
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-PB-12-0024765
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 50 Focal Point, Phase – V, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
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Associated Brands with Tru E Bikes Private Limited
Tru E Bikes operates one associated brand: Tru E Bikes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality electric two-wheelers in various categories. | tru-ebikes.com |
Business Activity of Tru E Bikes Private Limited
The main business activity of Tru E Bikes is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Tru E Bikes Private Limited FY 2025 filings available
Tru E Bikes Private Limited reported revenue of ₹20.96 Cr (up 191% YoY) for FY 2025.
Revenue · FY 2025
₹20.96 Cr ▲ 191%
Net profit · FY 2025
₹18.55 Lakh margin 0.9%
EBITDA · FY 2025
₹54.34 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR) of Tru E Bikes Private Limited
Revenue CAGR growth
1 year
▲ 191%
EBITDA CAGR growth
1 year
▲ 422%
Revenue rose 191% in the latest year. EBITDA rose 422% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Tru E Bikes Private Limited
| 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 | ₹54.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.55 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 of Tru E Bikes Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tru E Bikes are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Tru E Bikes Private Limited
Tru E Bikes has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohini Sharma | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
| Shaveta Arora Also directs: Gobiking E-Retail Private Limited | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
| Sunil Sharma | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
| Ritesh Arora | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
| Vivek Khajuria | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
Peer Comparison of Tru E Bikes Private Limited
Tru E Bikes Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enginia Vehicles Private Limited | ₹21.36 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Gopal Auto Motors Private Limited | ₹21.35 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Darbhanga, Bihar, India |
| Uboard India Limited | ₹21.08 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Top Team Machines Private Limited | ₹20.99 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Hotage Overseas Private Limited | ₹20.99 Cr (FY 2024) | •••• | •••• | 240.0% | •••• | Meerut, Uttar Pradesh, India |
| Tru E Bikes Private Limited this company | ₹20.96 Cr (FY 2025) | •••• | •••• | 191.0% | •••• | Ludhiana, Punjab, India |
| Oben Electric Vehicles Private Limited | ₹20.77 Cr (FY 2025) | •••• | •••• | 1285.0% | •••• | Bangalore, Karnataka, India |
| Evey Trans (NGP) Private Limited | ₹20.45 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| RGM Business Plus Private Limited | ₹19.96 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Delhi, India |
| Reep Industries Private Limited | ₹19.36 Cr (FY 2025) | •••• | •••• | -71.0% | •••• | Kanchipuram, Tamil Nadu, India |
| Shining Technologies Venture Private Limited | ₹19.3 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Tru E Bikes by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Tru E Bikes Private Limited
Tru E Bikes Private Limited is audited by I.S. KHURANA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| I.S. KHURANA & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Tru E Bikes Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Tru E Bikes Private Limited
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2024 | Indian Overseas Bank | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Tru E Bikes Private Limited
Tru E Bikes Private Limited has 1 court case on record: 1 filed by Tru E Bikes. All case is pending. Status as checked on 21 Sep 2026.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Tru E Bikes Private Limited
Employment history and EPFO contributions of people linked to Tru E Bikes.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Tru E Bikes Private Limited
Tru E Bikes Private Limited has 9 board changes on record since 2020: 7 appointments and 2 cessations. The latest: Ritesh Arora was appointed as Director on 09 Aug 2023.
AGM
Tru E Bikes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tru E Bikes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Indian Overseas Bank of Rs. 200.00 Lakh registered on 27 May 2024 with Charge ID 100922997 was modified on 04 Nov 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 200.00 Lakh with Charge ID 100922997 was registered on 27 May 2024.
Appointed
Ritesh Arora was appointed as Director.
Appointed
Sunil Sharma was appointed as Director.
Appointed
Vivek Khajuria was appointed as Director.
Ceased
Paramjeet Kaur ceased to be Director.
Ceased
Sonika Chandan ceased to be Director.
Appointed
Paramjeet Kaur was appointed as Director.
Appointed
Rohini Sharma was appointed as Director.
Appointed
Shaveta Arora was appointed as Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tru E Bikes Private Limited
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MSME Payment Delays by Tru E Bikes Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Tru E Bikes Private Limited
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Corporate group structure
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GST Compliance of Tru E Bikes Private Limited
Tru E Bikes has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICT2227M1ZB | Punjab | Active | 09 Dec 2020 |
| 33AAICT2227M1Z8 | Tamil Nadu | Active | 28 Mar 2024 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Tru E Bikes Private Limited
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MCA filings and documents
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Frequently Asked Questions about Tru E Bikes Private Limited
Tru E Bikes is an active private limited company based in Ludhiana, Punjab, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 09 November 2020 (6+ years old) and is registered under CIN U28100PB2020PTC052264.
Tru E Bikes reported revenue of ₹20.96 Cr for FY 2025 (up 191% YoY).
Tru E Bikes has 5 current directors:
- Rohini Sharma - Director
- Shaveta Arora - Director
- Sunil Sharma - Director
- Ritesh Arora - Director
- Vivek Khajuria - Director
Tru E Bikes reported a net profit of ₹18.55 Lakh (net margin 0.9%) and EBITDA of ₹54.34 Lakh (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Tru E Bikes is 03AAICT2227M1ZB, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAICT2227M1Z8 (Tamil Nadu).
The CIN (Corporate Identification Number) of Tru E Bikes is U28100PB2020PTC052264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tru E Bikes has 1 court case on record: 1 filed by the company. 1 is pending.
Tru E Bikes was incorporated on 09 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Tru E Bikes by revenue are Enginia Vehicles Private Limited, Gopal Auto Motors Private Limited, Uboard India Limited, Top Team Machines Private Limited, Hotage Overseas Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Ritesh Arora was appointed as Director on 09 Aug 2023. Sunil Sharma was appointed as Director on 09 Aug 2023. Vivek Khajuria was appointed as Director on 09 Aug 2023. Tru E Bikes has 9 board changes on record in total.
Yes, Tru E Bikes is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).