Vishal Cycles Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 32 Year, 6 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 80.52 Cr
- Satisfied Charges ₹ 9.11 Cr
- Revenue Growth -12.16%
- Profit Growth 30.53%
- Ebitda 2.73%
- Net Worth 8.32%
- Total Assets 49.52%
About Vishal Cycles
Vishal Cycles Pvt Ltd (VCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 1993 and has a history of 32 years. Its registered office is in Punjab, Punjab.
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 1.25 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹80.52 Cr. The company has closed loans amounting to ₹9.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Mahindru and Sanjeev Mahindru serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35921PB1993PTC013160
- Company No.
013160
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Mar 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
What products or services does Vishal Cycles Pvt Ltd offer?
Vishal Cycles Pvt Ltd offers a wide range of products and services, including Kids, Racing Bicycles and Rickshaws, Sports Bicycles, Bicycle.
Who are the key members and board of directors at Vishal Cycles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Mahindru  | Director | 10-Jan-2013 | Current |
| Sanjeev Mahindru | Director | 24-Mar-1993 | Current |
Financial Performance of Vishal Cycles.
Vishal Cycles Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.16% decrease. The company also saw a substantial improvement in profitability, with a 30.53% increase in profit. The company's net worth moved up by a moderate rise of 8.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vishal Cycles?
In 2023, Vishal 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.
Related Corporates (Common Directorship)
Vishal Cotton And General Mills LimitedSanjay Mahindru and Sanjeev Mahindru are mutual person
- Vishal Udyog International Ltd
Sanjay Mahindru is a mutual person
Charges (Loans)
Open Charges
₹80.52 Cr
Satisfied Charges
₹9.11 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 80.00 Cr
- Axis Bank Limited : 0.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2024 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 20 Jul 2022 | Hdfc Bank Limited | ₹2.50 M | Open |
| 19 May 2022 | Hdfc Bank Limited | ₹2.50 M | Open |
| 09 Oct 2020 | Axis Bank Limited | ₹2.20 M | Open |
| 11 Mar 2020 | Axis Bank Limited | ₹2.96 M | Open |
How Many Employees Work at Vishal Cycles?
Vishal Cycles has a workforce of 87 employees as of Apr 06, 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 Vishal 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 Vishal 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.
Latest Updates, News, and FAQs on Vishal Cycles
Recent activity within the organization
- Annual General Meeting
Vishal Cycles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100966944 was registered on 16 Aug 2024.
- Balance Sheet
Vishal Cycles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 69.50 Cr registered on 26 Feb 2011 with Charge ID 10280400 was modified on 22 Sep 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100648928 was registered on 20 Jul 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100594479 was registered on 19 May 2022.
Frequently asked questions
What is the Incorporation or founding date of Vishal Cycles Pvt Ltd?
Vishal Cycles Pvt Ltd was incorporated on 24 Mar 1993.
What is authorized share capital and paid-up capital of Vishal Cycles Pvt Ltd?
The authorized share capital of Vishal Cycles Pvt Ltd is ₹ 1.25 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Vishal Cycles Pvt Ltd?
Currently 2 directors are associated with Vishal Cycles Pvt Ltd.
- Sanjay Mahindru
- Sanjeev Mahindru
What is the registered address of Vishal Cycles Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Vishal Cycles Pvt Ltd is E 113Focal Point Ludhiana India, Punjab.
What is the corporate identification number (CIN) and company number of Vishal Cycles Pvt Ltd?
The corporate identification number (CIN) of Vishal Cycles Pvt Ltd is U35921PB1993PTC013160 and the company number is 013160 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vishal Cycles Pvt Ltd?
The Official website of Vishal Cycles Pvt Ltd is https://www.vishalcycles.com
What has been the recent revenue trend for Vishal Cycles Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Vishal Cycles Pvt Ltd has fallen by -12.16%.
How many employees does Vishal Cycles Pvt Ltd currently have?
As Per 2023 financial reports, 87 employees are currently employed by Vishal Cycles Pvt Ltd.
What change has been observed in the net worth of Vishal Cycles Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vishal Cycles Pvt Ltd has experienced an upsurge of 8.32%.
What are the total open charges for Vishal Cycles Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Vishal Cycles Pvt Ltd amount to ₹ 80.52 Cr.
When was the last Balance Sheet of Vishal Cycles Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Vishal Cycles Pvt Ltd was filed with the ROC on 31 Mar 2024.
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