Avon Newage Cycles Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 18.93 Cr
- Company Age 4 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 42.00 Cr
- Satisfied Charges ₹ 37.00 Cr
- Revenue Growth %
- Net Worth 335.51%
- Total Assets 612.39%
About Avon Newage Cycles
Avon Newage Cycles Private Limited (ANCPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 September 2020 (Four years and four months 17 days old ). Its registered office is in Ludhiana, Punjab, India.
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 2024. 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 ₹42.00 Cr. The company has closed loans amounting to ₹37.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
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.
Company Details
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U35999PB2020PTC051894
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Company No.
051894
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Sep 2020
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
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 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%.
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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)
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Avon Cycles LtdMandeep Pahwa, Rishi Pahwa and 1 more are mutual person
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Avon Infrabiz Private Limited
Mandeep Pahwa, Rishi Pahwa and 1 more are mutual person
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Avon Fitness Machines Private LimitedMandeep Pahwa, Rishi Pahwa and 1 more are mutual person
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Avon Energies And Investments Private Limited
Mandeep Pahwa, Rishi Pahwa and 1 more are mutual person
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Nimbua Greenfield (Punjab) Association
Onkar Pahwa is a mutual person
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Ludhiana Advanced Centre For Cycle Technology
Onkar Pahwa is a mutual person
Charges (Loans)
₹42.00 Cr
₹37.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 22.00 Cr
- Others : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2023 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 02 Mar 2023 | Others | ₹5.00 Cr | Open |
| 23 Dec 2022 | Hdfc Bank Limited | ₹17.00 Cr | Open |
| 27 Jan 2022 | Others | ₹15.00 Cr | Open |
| 18 Sep 2021 | Hdfc Bank Limited | ₹37.00 Cr | Satisfied |
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.
