Avon Newage Cycles Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 18.93 Cr
as on 17-07-2024
- Company Age 4 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 79.00 Cr
as on 17-07-2024
- Revenue %
(FY 2022)
- Net Worth 335.51%
(FY 2022)
- Total Assets 612.39%
(FY 2022)
About Avon Newage Cycles
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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 18.93 Cr.
The company currently has active open charges totaling ₹79.00 Cr.
The Key Managerial Personnel (KMP) at Avon Newage Cycles Private Limited India are Jahanvi Sharma as CFO and Shiv Mishra as Company Secretary. Mandeep Pahwa, Rishi Pahwa, and Onkar Pahwa serve as directors at the Company.
- CIN/LLPIN
U35999PB2020PTC051894
- Company No.
051894
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Sep 2020
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Avon Newage Cycles?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rishi Pahwa  | Managing Director | 16-Sep-2020 | Current |
| Jahanvi Sharma | CFO | 13-Feb-2024 | Current |
| Shiv Mishra | Company Secretary | 01-Feb-2022 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mandeep Pahwa | Director | 16-Sep-2020 | Current |
| Onkar Pahwa | Director | 16-Sep-2020 | Current |
Financial Performance and Corporate Structure Insights of Avon Newage Cycles.
Avon Newage Cycles Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth Soared by an impressive increase of 335.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avon Newage Cycles?
In 2022, Avon Newage 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)
- Avon Infrabiz Private LimitedActive 8 years 4 months
Mandeep Pahwa, Rishi Pahwa and 1 more are mutual person
Avon Fitness Machines Private LimitedActive 11 years 3 monthsMandeep Pahwa, Rishi Pahwa and 1 more are mutual person
- Avon Energies And Investments Private LimitedActive 2 years 11 months
Mandeep Pahwa, Rishi Pahwa and 1 more are mutual person
- Ludhiana Advanced Centre For Cycle TechnologyActive 2 years 10 months
Onkar Pahwa is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 24 May 2023 | ₹5.00 Cr | Open |
Others Creation Date: 02 Mar 2023 | ₹5.00 Cr | Open |
Hdfc Bank Limited Creation Date: 23 Dec 2022 | ₹17.00 Cr | Open |
How Many Employees Work at Avon Newage Cycles?
Avon Newage Cycles has a workforce of 180 employees as of Mar 28, 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 Newage 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 Avon Newage 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.
