Atlas Cycles Haryana Share Price

Atlas Cycle (Haryana) Limited Unlisted Shares - Company Overview

Atlas Cycles (Haryana) Ltd., previously known as Atlas Cycle Industries (ACIL) started with the manufacture of bicycle saddles in 1951, and produced its first bicycle in 1952. From a modest beginning of 120 cycles per day, the company has come a long way to become Indias second-largest cycle manufacturer. It has units at Sonepat, Sahibabad, Rasoi and Gurgaon, all in Haryana. Its combined manufacturing capacity stands at a hefty 3.1 million cycles per annum. It emerged as the largest exporter of bicycles from India. New export markets like Myanmar and South Africa were explored in 1994-95. It has been exporting components, bicycles and mopeds, besides tapping the fitness equipment market overseas. Its ISO-9002 certification is expected to boost exports. The steel tube manufacturing facility at Gurgaon was expanded from 25,000 tpa to 50,000 tpa. The expansion was funded by a rights issue of NCDs in Nov.94. This backward integration helped Atlas stem the profit erosion due to rising costs.It continued its backward integration by setting up a 10,000 tpa cold-rolled (CR) steel project (cost : Rs 14 cr) at Sonepat, housed at the site used previously by its moped unit. The company has developed and implemented a sophisticated frame alignment checking and correcting fixture by employing hydraulic clamping, electronic sensing and display capable of reading errors upto 0.1 mm. A new design for a rowing machine and a bicycle with front telescopic suspension have been developed. Their prototypes are being tested.The company has awarded its shareholders six bonus issues between 1966 and 1994. During 1995-96, new TANGO range of fancy bikes covering SLRs, CTBs, ATBs, & MTBs has been developed. Company has newly introduced `Laser series of bicycles. The paint application plant has been commissioned

Atlas Cycle (Haryana) Limited  Share Price, Share Details as of March 31, 2025

Atlas Cycle (Haryana) Limited Incorporation Details

 Atlas Cycle (Haryana) Limited Board of Directors

Director	Post
SANJIV KAVALJIT SINGH	Director
KARTIK ROOP RAI	Director
SADHNA SYAL	Director
CHANDER MOHAN DHALL	CEO
ISHWAR DAS CHUGH	Independent Director
SATYA PRAKASH DANGWAL	CFO
PRAVEEN KUMAR	Independent Director
ANUJ GOYAL	Independent Director
DES RAJ DHINGRA	Independent Director

FAQs on  Atlas Cycles Ltd 

Q: What is the face value of Atlas Cycles (Haryana) Ltd shares?
Answer: The face value of Atlas Cycles (Haryana) Ltd is ₹5 per equity share.

Q: What is the minimum lot size for buying Atlas Cycles shares through WWIPL?
Answer: The minimum lot size for Atlas Cycles shares is 100 equity shares.

Q: How can I buy Atlas Cycles unlisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.

Q: Why should I buy Atlas Cycles shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.

Q: Is investing in Atlas Cycles (Haryana) Ltd a good idea?
Answer: Investors often evaluate Atlas Cycles based on its legacy brand, business fundamentals, financial performance, valuation, and long-term potential before making an investment decision.

Q: Why do investors buy Atlas Cycles shares before a potential IPO or corporate revival?
Answer: Investors seek early exposure to a well-known legacy brand, anticipating value creation through business restructuring, revival initiatives, or future liquidity events.

Q: What business does Atlas Cycles (Haryana) Ltd operate in?
Answer: Atlas Cycles operates in the bicycle manufacturing industry and has historically manufactured bicycles and related products for the domestic and export markets.

Q: Who founded Atlas Cycles (Haryana) Ltd?
Answer: Atlas Cycles was founded by Janki Das Kapur and has been one of India's most recognized bicycle manufacturers for decades.

Q: What makes Atlas Cycles different from other unlisted manufacturing companies?
Answer: Atlas Cycles has a long operating history, a well-established consumer brand, and significant recognition in the Indian bicycle industry, making it a closely tracked legacy company.

Q: What are the key growth drivers for Atlas Cycles (Haryana) Ltd?
Answer: Business revival, operational restructuring, improved manufacturing efficiency, rising demand for bicycles, and stronger financial performance are key factors that could support future growth.

Q: What factors affect the valuation of Atlas Cycles shares?
Answer: Business performance, financial health, brand value, restructuring progress, market demand for unlisted shares, and future corporate developments are important valuation drivers.

Q: Are Atlas Cycles shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q: Can I sell my Atlas Cycles shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and share availability.

Q: What documents are required to buy Atlas Cycles shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.

Q: What are the risks of investing in Atlas Cycles shares?
Answer: Investors should consider business revival risks, competition in the bicycle industry, operational challenges, profitability fluctuations, and the liquidity constraints associated with unlisted shares.

Q: How does WWIPL help investors track Atlas Cycles investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.

Q: How long does it take for Atlas Cycles shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.

Q: What should investors evaluate before investing in Atlas Cycles (Haryana) Ltd?
Answer: Investors should assess the company's financial performance, business revival strategy, operational efficiency, valuation, competitive position, and long-term growth prospects.

Q: Can Atlas Cycles benefit from the growth of India's bicycle industry?
Answer: Yes. Rising health awareness, demand for sustainable mobility, government support for cycling infrastructure, and increasing preference for affordable personal transportation may create long-term opportunities for the company.