Tipson Cycles Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.60 M
- Company Age 52 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.08 Cr
- Satisfied Charges ₹ 13.28 Cr
- Revenue Growth -1.53%
- Profit Growth 106.61%
- Ebitda 5.36%
- Net Worth 4.79%
- Total Assets 2.03%
About Tipson Cycles
Tipson Cycles Pvt Ltd (TCPL) was founded in India on 04 November 1972 and has a glorious history of 52 years and three 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.60 M.
The company currently has active open charges totaling ₹16.08 Cr. The company has closed loans amounting to ₹13.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kanwaljit Pahwa, Tanu Pahwa, Jatin Pahwa, and One other member serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U35921PB1972PTC003193
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Company No.
003193
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Nov 1972
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Tipson Cycles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanwaljit Pahwa
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Director | 18-Dec-1982 | Current |
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Tanu Pahwa
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Director | 21-Dec-2015 | Current |
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Jatin Pahwa
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Director | 21-Dec-2015 | Current |
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Chirag Pahwa
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Director | 06-May-2021 | Current |
Financial Performance of Tipson Cycles.
Tipson Cycles Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.53% decrease. The company also saw a substantial improvement in profitability, with a 106.61% increase in profit. The company's net worth moved up by a moderate rise of 4.79%.
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What is the Ownership and Shareholding Structure of Tipson Cycles?
In 2023, Tipson 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.
Charges (Loans)
₹16.08 Cr
₹13.28 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 15.48 Cr
- Hdfc Bank Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2021 | Bank Of India | ₹7.50 M | Open |
| 10 Jun 2021 | Hdfc Bank Limited | ₹6.00 M | Open |
| 06 Aug 2020 | Bank Of India | ₹1.25 Cr | Open |
| 16 Nov 2004 | Bank Of India | ₹13.15 Cr | Open |
| 15 Jun 1983 | Bank Of India | ₹0.60 M | Open |
How Many Employees Work at Tipson Cycles?
Tipson Cycles has a workforce of 32 employees as of Apr 05, 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 Tipson 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 Tipson Cycles'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.
