About Twic Motorcycles Private Limited
Data last updated:
Twic Motorcycles Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online rental platforms segment of the e-commerce sector. It was incorporated on 31 August 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC096183. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Harsha Bennur and Rahul Gururaj Mansabdar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.19 2nd Cross Ganganagar Behind Shell Petrol Station, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2020, the company reported a revenue of ₹36.12 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹2.94 Lakh (net margin -8.1%) and EBITDA of -₹2.57 Lakh (EBITDA margin -7.1%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years.
The company was associated with 1 brand: BMTFT.
The last known website on record is twic.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.19 2nd Cross Ganganagar Behind Shell Petrol Station, Bangalore, Karnataka, India – 560032
- IndustryE-Commerce, Online Rental Platforms
- 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
- One PDF report, delivered after checkout
Business Activity of Twic Motorcycles Private Limited
The main business activity of Twic Motorcycles is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Twic Motorcycles Private Limited FY 2021 filings available
Twic Motorcycles Private Limited reported revenue of ₹36.12 Lakh (down 45% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Twic Motorcycles Private Limited
Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 86%. 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 of Twic Motorcycles Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹36.12 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.57 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.94 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 Twic Motorcycles Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -7.1% | •••• | •••• | •••• |
| Net Profit Margin | -8.1% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Twic Motorcycles are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Twic Motorcycles Private Limited
Twic Motorcycles Private Limited is audited by H MURALIDHAR AND CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H MURALIDHAR AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Twic Motorcycles Private Limited
Twic Motorcycles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Bennur | Director | 31 Aug 2016 | 10 Years 1 Months | As last reported |
| Rahul Gururaj Mansabdar | Director | 17 Oct 2016 | 9 Years 11 Months | As last reported |
Ownership and Shareholding of Twic Motorcycles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Twic Motorcycles Private Limited
Twic Motorcycles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Twic Motorcycles Private Limited
Employment history and EPFO contributions of people linked to Twic Motorcycles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Twic Motorcycles Private Limited
Twic Motorcycles Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Arun Hubert ceased to be Director on 12 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Twic Motorcycles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Twic Motorcycles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Twic Motorcycles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Twic Motorcycles Private Limited
Twic Motorcycles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Twic Motorcycles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Twic Motorcycles Private Limited
Twic Motorcycles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Twic Motorcycles was a private limited company based in Bangalore, Karnataka, India. The company worked in online rental platforms, within the e-commerce industry. It was incorporated on 31 August 2016 and is registered under CIN U74999KA2016PTC096183. The company has been struck off by the Registrar of Companies and is no longer operational.
Twic Motorcycles had 2 directors:
- Harsha Bennur - Director
- Rahul Gururaj Mansabdar - Director
The CIN (Corporate Identification Number) of Twic Motorcycles is U74999KA2016PTC096183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Twic Motorcycles is at No.19 2nd Cross Ganganagar Behind Shell Petrol Station, Bangalore, Karnataka, India – 560032.
Twic Motorcycles was incorporated on 31 August 2016. It is registered with the Registrar of Companies, Bangalore.
Twic Motorcycles can be reached through the website twic.in. Its registered office is in Bangalore, Karnataka, India.
Twic Motorcycles reported revenue of ₹36.12 Lakh for FY 2020 (down 45% YoY).
Twic Motorcycles has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Twic Motorcycles reported a net loss of ₹2.94 Lakh (net margin -8.1%) and EBITDA of -₹2.57 Lakh (EBITDA margin -7.1%) for FY 2020, as per its filed financial statements.