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Atlas Cycles (Haryana) Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 3.25 Cr
- Company Age 74 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 290.83 Cr
- Revenue Growth -50.70%
- Profit Growth 19.05%
- Ebitda 18.28%
- Net Worth -257.02%
- Total Assets -15.20%
About Atlas Cycles (Haryana)
Atlas Cycles (Haryana) Limited (ACHL) was founded in India on 31 May 1950 and has a glorious history of 74 years and nine months.Its registered office is in Sonipat, Haryana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505029 and on the National Stock Exchange(NSE) under ATLASCYCLE.
The Corporate was formerly known as Atlas Cycle Industries Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 3.25 Cr.
The company has closed loans amounting to ₹290.83 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Atlas Cycles (Haryana) Limited India are Prakhar Rastogi as COMPANY SECRETARY and Chander Dhall as Cfo. Praveen Kumar, Sadhna Syal, Kartik Rai, and Five other members serve as directors at the Company.
Company Details
- Location
Sonipat, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L35923HR1950PLC001614
- Company No.
001614
- Stock Symbol
BSE : 505029 NSE : ATLASCYCLE
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 May 1950
- Date of AGM
05 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
What products or services does Atlas Cycles (Haryana) Limited offer?
Atlas Cycles (Haryana) Limited offers a wide range of products and services, including Bicycle, Men Bicycle.
Who are the key members and board of directors at Atlas Cycles (Haryana)?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Prakhar Rastogi | Company Secretary | 06-Mar-2024 | Current |
Chander Dhall ![]() | CFO | 21-Nov-2024 | Current |
Board Members (8)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Praveen Kumar ![]() | Director | 29-May-2024 | Current |
Sadhna Syal ![]() | Director | 01-Jun-2024 | Current |
Kartik Rai ![]() | Director | 01-Jun-2024 | Current |
Chander Dhall ![]() | Whole-Time Director and Cfo | 29-Oct-2024 | Current |
Anuj Goyal ![]() | Director | 12-Aug-2023 | Current |
Des Dhingra ![]() | Director | 14-Aug-2023 | Current |
Financial Performance of Atlas Cycles (Haryana).
Atlas Cycles (Haryana) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.7% decrease. The company also saw a substantial improvement in profitability, with a 19.05% increase in profit. The company's net worth observed a substantial decline by a decrease of 257.02%.


- Key Matrics
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- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Atlas Cycles (Haryana)?
In 2022, Atlas Cycles (Haryana) had a promoter holding of 41.92% and a public holding of 58.08%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Orizzonti Italian Design Private Limited
Kartik Rai is a mutual person
- Sir Meccanica Service India Private Limited
Kartik Rai is a mutual person
- Haryana Minerals Ltd
Praveen Kumar is a mutual person
- Cee Pee Creations Private Limited
Chander Dhall is a mutual person
- Caps Tradelink Private Limited
Chander Dhall is a mutual person
- Caps Pharma Private Limited
Chander Dhall is a mutual person
Charges (Loans)
₹0
₹290.83 Cr
Charges Breakdown by Lending Institutions
- Others : 144.67 Cr
- Yes Bank Limited : 25.62 Cr
- Small Industries Development Bank Of India : 25.00 Cr
- Central Bank Of India : 17.75 Cr
- Central Bank Of India Limited : 15.50 Cr
- Others : 62.29 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
29 Mar 2017 | Others | ₹1.50 M | Satisfied |
18 Mar 2017 | Others | ₹4.92 M | Satisfied |
18 Mar 2017 | Others | ₹4.92 M | Satisfied |
10 Feb 2016 | Bank Of Baroda | ₹1.30 M | Satisfied |
29 Dec 2015 | Bank Of Baroda | ₹1.20 M | Satisfied |
How Many Employees Work at Atlas Cycles (Haryana)?
Atlas Cycles (Haryana) has a workforce of 13 employees as of Mar 22, 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Atlas Cycles (Haryana), 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 Atlas Cycles (Haryana)'s trajectory.
Rating

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

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.
Latest Updates, News, and FAQs on Atlas Cycles (Haryana)
Recent activity within the organization
- Director Appointment
Chander Mohan Dhall was appointed as a Cfo was appointed as a Cfo on 21 Nov 2024 & has been associated with this company since 4 months 8 days .
- Director Appointment
Chander Mohan Dhall was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Oct 2024 & has been associated with this company since 5 months .
- Annual General Meeting
Atlas Cycles (Haryana) Limited last Annual general meeting of members was held on 05 Jul 2024 as per latest MCA records.
- Director Appointment
Sadhna Syal was appointed as a Director was appointed as a Director on 01 Jun 2024 & has been associated with this company since 9 months 28 days .
- Director Appointment
Kartik Roop Rai was appointed as a Director was appointed as a Director on 01 Jun 2024 & has been associated with this company since 9 months 28 days .
- Director Appointment
Sanjiv Kavaljit Singh was appointed as a Director was appointed as a Director on 01 Jun 2024 & has been associated with this company since 9 months 28 days .
Frequently asked questions
What is the Incorporation or founding date of Atlas Cycles (Haryana) Limited?
Atlas Cycles (Haryana) Limited was incorporated on 31 May 1950.
What is authorized share capital and paid-up capital of Atlas Cycles (Haryana) Limited?
The authorized share capital of Atlas Cycles (Haryana) Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.25 Cr.
Who are the current board members & directors of Atlas Cycles (Haryana) Limited?
Currently 10 directors are associated with Atlas Cycles (Haryana) Limited.
- Prakhar Rastogi
- Praveen Kumar
- Sadhna Syal
- Kartik Roop Rai
- Chander Mohan Dhall
- Anuj Goyal
- Des Raj Dhingra
- Sanjiv Kavaljit Singh
- Ishwar Das Chugh
- Chander Mohan Dhall
What is the registered address of Atlas Cycles (Haryana) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Atlas Cycles (Haryana) Limited is Industrial Areasonepat India, Haryana, 131001.
What is the corporate identification number (CIN) and company number of Atlas Cycles (Haryana) Limited?
The corporate identification number (CIN) of Atlas Cycles (Haryana) Limited is L35923HR1950PLC001614 and the company number is 001614 as per Ministry of Corporate Affairs (MCA).
Is Atlas Cycles (Haryana) Limited registered with any stock exchange in India?
Yes, Atlas Cycles (Haryana) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ATLASCYCLE.
What is the official website of Atlas Cycles (Haryana) Limited?
The Official website of Atlas Cycles (Haryana) Limited is https://www.atlascycles.com
What has been the recent revenue trend for Atlas Cycles (Haryana) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Atlas Cycles (Haryana) Limited has fallen by -50.70%.
How many employees does Atlas Cycles (Haryana) Limited currently have?
As Per 2023 financial reports, 13 employees are currently employed by Atlas Cycles (Haryana) Limited.
What change has been observed in the net worth of Atlas Cycles (Haryana) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Atlas Cycles (Haryana) Limited has experienced an downturn of -257.02%.
When was the last Balance Sheet of Atlas Cycles (Haryana) Limited filed with the ROC?
The most recent Balance Sheet for Atlas Cycles (Haryana) Limited was filed with the ROC on 31 Mar 2024.
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