Avon Fitness Machines Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 11 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22.20 Cr
- Satisfied Charges ₹ 1.00 M
- Revenue Growth -16.11%
- Profit Growth -102.53%
- Ebitda -37.74%
- Net Worth -19.39%
- Total Assets -8.93%
About Avon Fitness Machines
Avon Fitness Machines Private Limited (AFMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 August 2013 and has a history of 11 years and five months. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Consumer Goods 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹22.20 Cr. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.
Mandeep Pahwa, Rishi Pahwa, and Onkar Pahwa serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35920PB2013PTC037890
- Company No.
037890
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Aug 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Avon Fitness Machines Private Limited offer?
Avon Fitness Machines Private Limited offers a wide range of products and services, including Exercise & Fitness Equipment, Exercise Benches, Exercise Bikes & Fitness Equipments, Arm Exercise Machines, Shoulder Exercise Machines, Exercise Bike, Full Body Exercise Machines, Slimming Machines, Dumbbell, Weight Plate & Accessories, Squat Rack.
Who are the key members and board of directors at Avon Fitness Machines?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Onkar Pahwa  | Managing Director | 30-Aug-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rishi Pahwa | Director | 28-Jun-2014 | Current |
| Mandeep Pahwa | Director | 30-Aug-2013 | Current |
Financial Performance of Avon Fitness Machines.
Avon Fitness Machines Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.11% decrease. The company also saw a substantial fall in profitability, with a 102.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avon Fitness Machines?
In 2023, Avon Fitness Machines 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)
Avon Cycles LtdMandeep Pahwa, Rishi Pahwa and 1 more are mutual person
- Avon Newage Cycles Private Limited
Mandeep Pahwa, Rishi Pahwa and 1 more are mutual person
- Avon Infrabiz Private Limited
Mandeep Pahwa, Rishi Pahwa and 1 more are mutual person
Avon Energies And Investments Private LimitedMandeep Pahwa, Rishi Pahwa and 1 more are mutual person
- Nimbua Greenfield (Punjab) Association
Onkar Pahwa is a mutual person
- Ludhiana Advanced Centre For Cycle Technology
Onkar Pahwa is a mutual person
Charges (Loans)
₹22.20 Cr
₹0.10 Cr
Charges Breakdown by Lending Institutions
- Others : 13.20 Cr
- Hdfc Bank Limited : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2023 | Hdfc Bank Limited | ₹2.00 Cr | Open |
| 13 Aug 2020 | Others | ₹1.20 Cr | Open |
| 31 Dec 2019 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 23 Mar 2015 | Others | ₹12.00 Cr | Open |
| 07 Feb 2015 | Punjab National Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Avon Fitness Machines?
Avon Fitness Machines has a workforce of 55 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 Avon Fitness Machines, 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 Avon Fitness Machines'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.
