Batra Cycle India Private Limited

This company manufactures and trades bicycle and auto parts, with a focus on heavy duty kits.

2004 | Ludhiana, Punjab (India) | Active
Last Updated: October 23, 2024

Batra Cycle India Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.58 Cr
  • Satisfied Charges ₹ 7.86 Cr
  • Revenue Growth -9.44%
  • Profit Growth -80.35%
  • Ebitda -881.66%
  • Net Worth 0.92%
  • Total Assets -5.83%

About Batra Cycle India

Batra Cycle India Private Limited (BCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 May 2004 and has a history of 20 years and nine months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Shri Rama Krishna Bikes Private 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹28.58 Cr. The company has closed loans amounting to ₹7.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aakash Narang, Piyush Narang, and Ravinder Narang serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    willpowercycle.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35920PB2004PTC027130

  • Company No.

    027130

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 May 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Batra Cycle India?

Board Members (3)

Name Designation Appointment Date Status
Aakash Narang Country flag representing In Whole-Time Director 03-Oct-2011 Current
Piyush Narang Country flag representing In Whole-Time Director 03-Oct-2011 Current
Ravinder Narang Country flag representing In Director 03-Oct-2011 Current

Financial Performance of Batra Cycle India.

Batra Cycle India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.44% decrease. The company also saw a substantial fall in profitability, with a 80.35% decrease in profit. The company's net worth moved up by a moderate rise of 0.92%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-9.44%
Revenue from Operations
Total Assets
-5.83%
Profit or Loss
-80.35%
Net Worth
0.92%
EBITDA
-881.66%

What is the Ownership and Shareholding Structure of Batra Cycle India?

In 2023, Batra Cycle India 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 Indicator graph

Charges (Loans)

Open Charges

₹285.81 M

Satisfied Charges

₹78.60 M

Charges Breakdown by Lending Institutions

  • Others : 28.58 Cr

Latest Charge Details

Date Lender Amount Status
29 Mar 2016 Others ₹28.58 Cr Open
30 May 2015 City Union Bank Limited ₹6.00 M Satisfied
08 May 2014 City Union Bank Limited ₹5.00 M Satisfied
02 Jan 2012 City Union Bank Limited ₹3.00 Cr Satisfied
02 Jan 2012 City Union Bank Limited ₹1.50 Cr Satisfied

How Many Employees Work at Batra Cycle India?

Unlock and access historical data on people associated with Batra Cycle India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Batra Cycle India, 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 Batra Cycle India'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.

Latest Updates, News, and FAQs on Batra Cycle India

Recent activity within the organization

  • Annual General Meeting

    Batra Cycle India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Batra Cycle India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 285.81 M registered on 29 Mar 2016 with Charge ID 100036431 was modified on 17 Nov 2022.

    17 Nov 2022

  • Charges

    A charge registered on 02 Jan 2012 via Charge ID 10332622 with City Union Bank Limited was fully satisfied on 02 Jun 2016.

    02 Jun 2016

  • Charges

    A charge registered on 02 Jan 2012 via Charge ID 10332620 with City Union Bank Limited was fully satisfied on 02 Jun 2016.

    02 Jun 2016

  • Charges

    A charge with Others amounted to Rs. 285.81 M with Charge ID 100036431 was registered on 29 Mar 2016.

    29 Mar 2016

Frequently asked questions

  • Batra Cycle India Private Limited was incorporated on 18 May 2004.

  • The authorized share capital of Batra Cycle India Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Batra Cycle India Private Limited.

    • Aakash Narang
    • Piyush Narang
    • Ravinder Kumar Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Batra Cycle India Private Limited is 536/13 Station Road, Opp Dhandari Railway Industrial Area C India, Ludhiana, Punjab, 141010.

  • The corporate identification number (CIN) of Batra Cycle India Private Limited is U35920PB2004PTC027130 and the company number is 027130 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Batra Cycle India Private Limited is https://www.willpowercycle.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Batra Cycle India Private Limited has fallen by -9.44%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Batra Cycle India Private Limited has experienced an upsurge of 0.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Batra Cycle India Private Limited amount to ₹ 28.58 Cr.

  • The most recent Balance Sheet for Batra Cycle India Private Limited was filed with the ROC on 31 Mar 2023.

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