Surindera Cycles Private Limited

Manufacturer of high-quality cycle parts, supplying to major OEMs and exporting to South East Asia and Africa.

1988 | Ludhiana, Punjab (India) | Active
Last Updated:

Surindera Cycles Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.39 Cr
  • Company Age 37 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 61.54 Cr
  • Satisfied Charges ₹ 82.03 Cr
  • Revenue Growth -10.14%
  • Profit Growth -61.17%
  • Ebitda -0.82%
  • Net Worth 1.11%
  • Total Assets 2.96%

About Surindera Cycles

Surindera Cycles Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 1988 and has a history of 37 years and two months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Surindera Cycles 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 2.50 Cr and a paid-up capital of Rs 2.39 Cr.

The company currently has active open charges totaling ₹61.54 Cr. The company has closed loans amounting to ₹82.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harjit Singh, Upinder Singh, Baljeet Kaur, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35923PB1988PTC007946

  • Company No.

    007946

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Surindera Cycles Private Limited offer?

Surindera Cycles Private Limited offers a wide range of products and services, including Bicycle Wheel Parts, Chain Wheel, Bicycles Parts, Bicycle cranks, Bicycle Accessories, Handlebar, Cycle Seats.

Company report

Surindera Cycles Private Limited

Explore comprehensive data for Surindera Cycles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Surindera Cycles?

Board Members (4)

NameDesignationAppointment DateStatus
Harjit Singh Country flag representing In Director 08-Feb-1988Current
Upinder Singh Country flag representing In Director 01-Jun-1989Current
Baljeet Kaur Country flag representing In Director 07-Jun-2005Current
Surinder Kaur Country flag representing In Director 08-Feb-1988Current

Financial Performance of Surindera Cycles.

Surindera Cycles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.14% decrease. The company also saw a substantial fall in profitability, with a 61.17% decrease in profit. The company's net worth moved up by a moderate rise of 1.11%.

Surindera Cycles revenue growth over time
Surindera Cycles 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
-10.14%
Revenue from Operations
-9.80%
Total Assets
2.96%
Profit or Loss
-61.17%
Net Worth
1.11%
EBITDA
-0.82%

What is the Ownership and Shareholding Structure of Surindera Cycles?

In 2023, Surindera 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 Indicator graph

Charges (Loans)

Open Charges

₹61.54 Cr

Satisfied Charges

₹82.03 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 38.54 Cr
  • Others : 23.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2023Others₹2.00 CrOpen
28 Dec 2022Others₹21.00 CrOpen
01 Feb 2022Hdfc Bank Limited₹4.75 CrOpen
17 Feb 2021Hdfc Bank Limited₹33.79 CrOpen
30 Jul 2020Indian Bank₹4.24 CrSatisfied

How Many Employees Work at Surindera Cycles?

Surindera Cycles has a workforce of 54 employees as of Mar 31, 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 growth trends for Surindera Cycles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Surindera 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 Surindera 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.

Latest Updates, News, and FAQs on Surindera Cycles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 21.00 Cr registered on 28 Dec 2022 with Charge ID 100659142 was modified on 27 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100818146 was registered on 31 Oct 2023.

  • Annual General Meeting

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

  • Balance Sheet

    Surindera Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 21.00 Cr with Charge ID 100659142 was registered on 28 Dec 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.79 Cr registered on 17 Feb 2021 with Charge ID 100451066 was modified on 02 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Surindera Cycles Private Limited?

    Surindera Cycles Private Limited was incorporated on 08 Feb 1988.

  • What is authorized share capital and paid-up capital of Surindera Cycles Private Limited?

    The authorized share capital of Surindera Cycles Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.39 Cr.

  • Who are the current board members & directors of Surindera Cycles Private Limited?

    Currently 4 directors are associated with Surindera Cycles Private Limited.

    • Harjit Singh
    • Upinder Singh
    • Baljeet Kaur
    • Surinder Kaur
  • What is the registered address of Surindera Cycles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Surindera Cycles Private Limited is 195 C Phase Viifocal Point Ludhiana India, Punjab, 141010.

  • What is the corporate identification number (CIN) and company number of Surindera Cycles Private Limited?

    The corporate identification number (CIN) of Surindera Cycles Private Limited is U35923PB1988PTC007946 and the company number is 007946 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Surindera Cycles Private Limited?

    The Official website of Surindera Cycles Private Limited is https://www.surindera.com

  • What has been the recent revenue trend for Surindera Cycles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Surindera Cycles Private Limited has fallen by -10.14%.

  • How many employees does Surindera Cycles Private Limited currently have?

    As Per 2023 financial reports, 54 employees are currently employed by Surindera Cycles Private Limited.

  • What change has been observed in the net worth of Surindera Cycles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Surindera Cycles Private Limited has experienced an upsurge of 1.11%.

  • What are the total open charges for Surindera Cycles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Surindera Cycles Private Limited amount to ₹ 61.54 Cr.

  • When was the last Balance Sheet of Surindera Cycles Private Limited filed with the ROC?

    The most recent Balance Sheet for Surindera Cycles Private Limited was filed with the ROC on 31 Mar 2023.

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