Vishal Cycles Pvt Ltd logo

Vishal Cycles Pvt Ltd

Manufacturer of bicycles and bicycle parts, supplying to major brands, with a wide range of models and components.
1993 | Punjab, Punjab (India) | Active

Last Updated:

June 17, 2024
HomeCompanyVishal Cycles Pvt Ltd

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

Board Members(2)

NameDesignationAppointment DateStatus
Sanjeev Mahindru In Director 24-Mar-1993Current
Sanjay Mahindru In Director 10-Jan-2013Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-12.16%
Revenue from Operations
-12.17%
Total Assets
49.52%
Profit or Loss
30.53%
Net Worth
8.32%
EBITDA
2.73%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹70.52 Cr

₹9.11 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 20 Jul 2022
₹2.50 MOpen

Hdfc Bank Limited

Creation Date: 19 May 2022
₹2.50 MOpen

Axis Bank Limited

Creation Date: 09 Oct 2020
₹2.20 MOpen

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.

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Rating

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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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vishal Cycles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • 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.

    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.

    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.

    19 May 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100385080 was registered on 09 Oct 2020.

    09 Oct 2020

Frequently asked questions

  • Vishal Cycles Pvt Ltd was incorporated on 24 Mar 1993.

  • The authorized share capital of Vishal Cycles Pvt Ltd is ₹ 1.25 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Vishal Cycles Pvt Ltd.

    • Sanjeev Mahindru
    • Sanjay Mahindru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vishal Cycles Pvt Ltd is E 113Focal Point Ludhiana, Punjab, India.

  • 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).

  • The Official website of Vishal Cycles Pvt Ltd is https://www.vishalcycles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vishal Cycles Pvt Ltd has fallen by -12.16%.

  • As Per 2023 financial reports, 87 employees are currently employed by Vishal Cycles Pvt Ltd.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vishal Cycles Pvt Ltd amount to ₹ 70.52 Cr.

  • The most recent Balance Sheet for Vishal Cycles Pvt Ltd was filed with the ROC on 31 Mar 2023.

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