About Milton Cycle Industries Limited Unlisted Shares
Milton Cycle Industries Limited (MCIL) was established on May 10, 1960, and is an Indian manufacturer of bicycles and bicycle components. The company operates from its registered office in Sonipat, Haryana, India. The company's manufacturing facility is located in Sonipat, Haryana and has a production capacity of 5,000 units per day. The unit is equipped with facilities such as a paint shop, press shop, heat treatment, and electroplating. Milton Cycle Industries Ltd fulfils bicycles demand in Uttar Pradesh, Bihar, Jharkhand, Andhra Pradesh, and Nepal through a network of dealers.
Whether you’re a daily commuter or a distributor looking for quality bicycles,...
Latest available unlisted share price: ₹195.00
Overview
Milton Cycle Industries Limited (MCIL) was established on May 10, 1960, and is an Indian manufacturer of bicycles and bicycle components. The company operates from its registered office in Sonipat, Haryana, India. The company's manufacturing facility is located in Sonipat, Haryana and has a production capacity of 5,000 units per day. The unit is equipped with facilities such as a paint shop, press shop, heat treatment, and electroplating. Milton Cycle Industries Ltd fulfils bicycles demand in Uttar Pradesh, Bihar, Jharkhand, Andhra Pradesh, and Nepal through a network of dealers.
Whether you’re a daily commuter or a distributor looking for quality bicycles, Milton Cycle price remains competitive and attractive in the market, making it a preferred brand in its category.
Products & Services
MCIL offers a diverse range of bicycles and related components, including:
-
Fancy Bikes
-
Ladies Bikes
-
Junior Bikes
-
Kids Bikes
-
Roadster Bikes
-
Bicycle Components: chains, freewheels, handles, hubs, tires, saddles, rims, spokes, forks, and BB axles
Board of Directors
The current board members of MCIL include:
-
Mr. Ashok Kumar Sharma – Director (appointed on October 4, 2021)
-
Mr. Vinod Buber – Whole-Time Director (appointed on February 4, 2022)
-
Mr. Kamal Kohli – Director Appointed in Casual Vacancy (appointed on November 30, 2024)
IPO Details
Milton Cycle Industries Limited is not a publicly listed company; therefore, there have been no announcements regarding an Initial Public Offering (IPO), and there is currently no publicly available Milton Cycle price in the stock market.
Subsidiaries
MCIL does not own any subsidiary companies.
Fundamentals
Financials
| P&L Statement | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue | - | - | 0.52 | 1.18 |
| Other Income | - | - | 0.10 | 0.64 |
| COGS | - | - | 0.25 | 0.66 |
| Gross Profit | - | - | 1.30 | 6.90 |
| Total Expense | - | - | 5.26 | 4.84 |
| EBIDTA | - | - | -3.96 | 2.06 |
| D&A | - | - | 0.60 | 0.33 |
| EBIT | - | - | -4.55 | 1.73 |
| Interest Expense | - | - | - | - |
| PBT | - | - | -4.55 | 1.73 |
| TAX | - | - | 0.83 | 0.10 |
| PAT | - | - | -3.71 | 1.63 |
| Diluted EPS | - | - | -4.00 | 2.00 |
| Basic EPS | - | - | -4.00 | 2.00 |
| Total income | 0.00 | 0.00 | 0.62 | 1.82 |
ASSETS
| CURRENT ASSETS | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | - | 1.55 | 0.12 |
| Trade Payables | - | - | 15.32 | 14.24 |
| Inventory | - | - | 3.27 | 1.72 |
| Other Current Assets | - | - | 12.41 | 12.86 |
| Total Current Assets | 0.00 | 0.00 | 32.55 | 28.94 |
| NON CURRENT ASSETS | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Plant Property and Equipment | - | - | 4.36 | 3.80 |
| Long Term Investment | - | - | 2.05 | 2.05 |
| Other Non Current Assets | - | - | 2.02 | 1.51 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 0.00 | 8.43 | 7.36 |
| Total Assets | 0.00 | 0.00 | 40.98 | 36.30 |
|---|
| CURRENT LIABILITES | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| TRADW Payable | - | - | 22.33 | 22.33 |
| Other Current Liab | - | - | 8.84 | 2.79 |
| Total Current Liab | 0.00 | 0.00 | 31.17 | 25.12 |
| NON CURRENTLIABILITIES | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Long Term Debt | - | - | - | - |
| Deffered Tax Liab | - | - | - | - |
| Other Non Current Liab | - | - | 0.05 | 0.02 |
LIABILITIES
| EQUITY | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Share Capital | - | - | 0.42 | 0.42 |
| Reserves And Surplus | - | - | 9.34 | 10.75 |
| Other Equity | - | - | - | - |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 0.00 | 9.76 | 11.17 |
| Total Liabilities | 0.00 | 0.00 | 9.81 | 11.19 |
|---|
| CASH FLOW STAT | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Cash Flow from operating | - | - | 0.50 | -8.30 |
| Cash Flow from financing | - | - | -0.12 | -0.03 |
| Cash Flow from investing | - | - | 1.03 | 6.91 |
| Net cash flow | 0.00 | 0.00 | 1.41 | -1.42 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.
Related News
No related news is available for Milton Cycle Industries Limited.