La Sovereign Bicycles Private Limited

Indo-Thai joint venture manufacturing bicycles, toys, and invalid carriages under 'La Sovereign' brand.

2006 | Ludhiana, Punjab (India) | Active
Last Updated: November 16, 2024

La Sovereign Bicycles Profile

Key Indicators

  • Authorised Capital ₹ 3.75 Cr
  • Paid Up Capital ₹ 3.65 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth -9.94%
  • Profit Growth -229.30%
  • Ebitda -71.19%
  • Net Worth 0.24%
  • Total Assets -4.39%

About La Sovereign Bicycles

La Sovereign Bicycles Private Limited (LSBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 September 2006 and has a history of 18 years and four months. Its registered office is in Ludhiana, Punjab, India.

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 3.75 Cr and a paid-up capital of Rs 3.65 Cr.

The company currently has active open charges totaling ₹2.00 Cr.

Rohit Kalra, Rahul Kalra, Sujeev Gandhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35921PB2006PTC030629

  • Company No.

    030629

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at La Sovereign Bicycles?

Executive Team (1)

Name Designation Appointment Date Status
Rohit Kalra Country flag representing In Managing Director 26-Sep-2006 Current

Board Members (3)

Name Designation Appointment Date Status
Rahul Kalra Country flag representing In Whole-Time Director 29-Sep-2006 Current
Sujeev Gandhi Country flag representing Th Director 26-Sep-2006 Current
Surasith Tiyavacharapong Country flag representing Th Director 26-Sep-2006 Current

Financial Performance of La Sovereign Bicycles.

La Sovereign Bicycles Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.94% decrease. The company also saw a substantial fall in profitability, with a 229.3% decrease in profit. The company's net worth moved up by a moderate rise of 0.24%.

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
-9.94%
Revenue from Operations
-9.95%
Total Assets
-4.39%
Profit or Loss
-229.30%
Net Worth
0.24%
EBITDA
-71.19%

What is the Ownership and Shareholding Structure of La Sovereign Bicycles?

In 2023, La Sovereign Bicycles had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
03 Aug 2012 Axis Bank Limited ₹2.00 Cr Open

How Many Employees Work at La Sovereign Bicycles?

La Sovereign Bicycles has a workforce of 8 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of La Sovereign Bicycles, 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 La Sovereign Bicycles'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 La Sovereign Bicycles

Recent activity within the organization

  • Annual General Meeting

    La Sovereign Bicycles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 03 Aug 2012 with Charge ID 10372181 was modified on 30 Jul 2024.

    30 Jul 2024

  • Balance Sheet

    La Sovereign Bicycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10372181 was registered on 03 Aug 2012.

    03 Aug 2012

  • Director Appointment

    Rahul Kalra was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Sep 2006 & has been associated with this company since 18 years 4 months .

    29 Sep 2006

  • Director Appointment

    Rohit Kalra was appointed as a Managing Director was appointed as a Managing Director on 26 Sep 2006 & has been associated with this company since 18 years 4 months .

    26 Sep 2006

Frequently asked questions

  • La Sovereign Bicycles Private Limited was incorporated on 26 Sep 2006.

  • The authorized share capital of La Sovereign Bicycles Private Limited is ₹ 3.75 Cr and paid-up capital is ₹ 3.65 Cr.

  • Currently 4 directors are associated with La Sovereign Bicycles Private Limited.

    • Rohit Kalra
    • Rahul Kalra
    • Sujeev Gandhi
    • Surasith Tiyavacharapong
  • As per Ministry of Corporate Affairs (Mca), the registered address of La Sovereign Bicycles Private Limited is 168-B Industrial Estate India, Ludhiana, Punjab, 141003.

  • The corporate identification number (CIN) of La Sovereign Bicycles Private Limited is U35921PB2006PTC030629 and the company number is 030629 as per Ministry of Corporate Affairs (MCA).

  • The Official website of La Sovereign Bicycles Private Limited is https://www.la-sovereign.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for La Sovereign Bicycles Private Limited has fallen by -9.94%.

  • As Per 2023 financial reports, 8 employees are currently employed by La Sovereign Bicycles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of La Sovereign Bicycles Private Limited has experienced an upsurge of 0.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for La Sovereign Bicycles Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for La Sovereign Bicycles Private Limited was filed with the ROC on 31 Mar 2024.

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