Teamcycle World Private Limited

Bicycle trading and repair services since 2019, based in Bangalore.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Teamcycle World Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 13.51%
  • Profit Growth 64.39%
  • Ebitda 105.01%
  • Net Worth 87.86%
  • Total Assets 43.06%

About Teamcycle World

Teamcycle World Private Limited (TWPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 06 June 2019 (Five years and eight months 5 days old ). Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnasamy Deveraj and Sabitha Krishnasamy serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2019PTC124974

  • Company No.

    124974

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Teamcycle World?

Board Members (2)

Name Designation Appointment Date Status
Sabitha Krishnasamy Country flag representing In Director 06-Jun-2019 Current
Krishnasamy Deveraj Country flag representing In Director 06-Jun-2019 Current

Financial Performance of Teamcycle World.

Teamcycle World Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.51% increase. The company also saw a substantial improvement in profitability, with a 64.39% increase in profit. The company's net worth Soared by an impressive increase of 87.86%.

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
13.51%
Revenue from Operations
13.95%
Total Assets
43.06%
Profit or Loss
64.39%
Net Worth
87.86%
EBITDA
105.01%

What is the Ownership and Shareholding Structure of Teamcycle World?

In 2023, Teamcycle World 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

₹30.00 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
23 Nov 2023 Yes Bank Limited ₹3.00 Cr Open
13 Jun 2023 Hdfc Bank Limited ₹1.00 Cr Satisfied

How Many Employees Work at Teamcycle World?

Teamcycle World has a workforce of 30 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 Teamcycle World, 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 Teamcycle World'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 Teamcycle World

Recent activity within the organization

  • Charges

    A charge registered on 13 Jun 2023 via Charge ID 100735849 with Hdfc Bank Limited was fully satisfied on 08 Jan 2024.

    08 Jan 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 30.00 M with Charge ID 100834419 was registered on 23 Nov 2023.

    23 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100735849 was registered on 13 Jun 2023.

    13 Jun 2023

  • Balance Sheet

    Teamcycle World Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Krishnasamy Deveraj was appointed as a Director was appointed as a Director on 06 Jun 2019 & has been associated with this company since 5 years 8 months .

    06 Jun 2019

Frequently asked questions

  • Teamcycle World Private Limited was incorporated on 06 Jun 2019.

  • The authorized share capital of Teamcycle World Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Teamcycle World Private Limited.

    • Krishnasamy Deveraj
    • Sabitha Krishnasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Teamcycle World Private Limited is Site 536 Cycle World Avenue Bullet Venkatesh Reddy Layout, Hulimanga La Village India, Anekal Taluk, Karnataka, 560105.

  • The corporate identification number (CIN) of Teamcycle World Private Limited is U74999KA2019PTC124974 and the company number is 124974 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Teamcycle World Private Limited is https://www.cycleworld.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Teamcycle World Private Limited has risen by 13.51%.

  • As Per 2023 financial reports, 30 employees are currently employed by Teamcycle World Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Teamcycle World Private Limited has experienced an upsurge of 87.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Teamcycle World Private Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Teamcycle World Private Limited was filed with the ROC on 31 Mar 2023.