Vishal Cycles Pvt Ltd - Company Profile

It is a automotive private limited company based in Punjab, Punjab, India, established in 1993.
1993 Punjab, Punjab, India Active
Last Updated:
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About Vishal Cycles Pvt Ltd

Vishal Cycles Pvt Ltd, a active private limited company, was established on 24 March 1993 in Punjab, Punjab, India. Engaging in bicycle mfg & retail within the manufacturing sector, it holds CIN: U35921PB1993PTC013160. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.25 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Employing 87 professional, Its leadership includes Sanjay Mahindru (Director), Sanjeev Mahindru (Director). Past directors included Jyoti Mahindru, Sanjay Mahindru. It holds ₹80.84 Cr open charges and ₹9.11 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at E 113Focal Point Ludhiana, Punjab, Punjab.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U35921PB1993PTC013160

  • Registration Number

    013160

  • Incorporation Date

    24 March 1993

  • Authorized Capital

    ₹1.25 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 80.84 Cr
  • Satisfied Charges ₹ 9.11 Cr
  • Revenue Growth **** -12.16%
  • Profit Growth **** 30.53%
  • Ebitda **** 2.73%
  • Net Worth 8.32%
  • Total Assets **** 49.52%
Company report

Vishal Cycles Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vishal Cycles Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vishal Cycles Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Sanjay Mahindru Director 10 Jan 2013 Current
Sanjeev Mahindru Director 24 Mar 1993 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Jan 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2017 Past

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Financial Performance of Vishal Cycles.

Vishal Cycles Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.16% decrease. The company also saw a substantial improvement in profitability, with a 30.53% increase in profit. The company's net worth moved up by a moderate rise of 8.32%.

Vishal Cycles revenue growth over time
Vishal Cycles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -12.16%
*******
*******
*******
*******
Revenue from Operations
*******
 -12.17%
*******
*******
*******
*******
Total Assets
*******
 49.52%
*******
*******
*******
*******
Profit or Loss
*******
 30.53%
*******
*******
*******
*******
Net Worth
*******
 8.32%
*******
*******
*******
*******
EBITDA
*******
 2.73%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vishal Cycles?

In 2023, Vishal Cycles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹808,428,500.00

Satisfied Charges

₹91,100,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 80.33 Cr
  • Axis Bank Limited : 0.52 Cr
Latest Charge Details
Date Lender Amount Status
21 Jul 2025 Hdfc Bank Limited ₹3.27 M Open
16 Aug 2024 Hdfc Bank Limited ₹10.00 Cr Open
20 Jul 2022 Hdfc Bank Limited ₹2.50 M Open
19 May 2022 Hdfc Bank Limited ₹2.50 M Open
09 Oct 2020 Axis Bank Limited ₹2.20 M Open

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How Many Employees Work at Vishal Cycles?

Vishal Cycles has a workforce of 87 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vishal Cycles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vishal Cycles's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Vishal Cycles
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Vishal Cycles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 101135977 was registered on 21 Jul 2025. was recorded as a recent event.

  • Balance Sheet

    Progress on Vishal Cycles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100966944 was registered on 16 Aug 2024. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 69.50 Cr registered on 26 Feb 2011 with Charge ID 10280400 was modified on 22 Sep 2022. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100648928 was registered on 20 Jul 2022. was completed.

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Frequently Asked Questions
What is the CIN of Vishal Cycles Pvt Ltd?

The CIN of Vishal Cycles Pvt Ltd is U35921PB1993PTC013160.

Where is Vishal Cycles Pvt Ltd headquartered?

Vishal Cycles Pvt Ltd is headquartered at E 113Focal Point Ludhiana, Punjab, Punjab.

When was Vishal Cycles Pvt Ltd incorporated?

Vishal Cycles Pvt Ltd was incorporated on 24 March 1993.

Who are the current directors of Vishal Cycles Pvt Ltd?

The current directors of Vishal Cycles Pvt Ltd are

What is the primary industry of Vishal Cycles Pvt Ltd?

The primary industry of Vishal Cycles Pvt Ltd is Manufacturing.

Is Vishal Cycles Pvt Ltd a listed company?

Vishal Cycles Pvt Ltd is unlisted.

What is the capital structure of Vishal Cycles Pvt Ltd?

The authorized capital of Vishal Cycles Pvt Ltd is ₹1.25 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Vishal Cycles Pvt Ltd?

The compliance status of Vishal Cycles Pvt Ltd is Compliant.

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