Avon Rims Private Limited

Manufacturer of bicycle and rickshaw rims with 3.0 mn annual capacity, located in Chandigarh.

1998 | Ludhiana, Punjab (India) | Active
Last Updated:

Avon Rims Profile

Key Indicators

  • Authorised Capital ₹ 1.10 M
  • Paid Up Capital ₹ 1.06 M
  • Company Age 26 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.62 Cr
  • Revenue Growth -7.72%
  • Profit Growth -44.66%
  • Ebitda -28.44%
  • Net Worth 8.86%
  • Total Assets 3.83%

About Avon Rims

Avon Rims Private Limited (ARPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 1998 and has a history of 26 years and nine months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Avon Rims Limited. 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 1.10 M and a paid-up capital of Rs 1.06 M.

The company has closed loans amounting to ₹4.62 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chetan Pahwa, Kamla Pahwa, and Mandeep 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

    U35921PB1998PTC021624

  • Company No.

    021624

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive
Company report

Avon Rims Private Limited

Explore comprehensive data for Avon Rims Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avon Rims?

Executive Team (1)

NameDesignationAppointment DateStatus
Chetan Pahwa Country flag representing In Managing Director24-Jan-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Kamla Pahwa Country flag representing In Director 04-Nov-2006Current
Mandeep Pahwa Country flag representing In Director 01-Nov-2015Current

Financial Performance of Avon Rims.

Avon Rims Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.72% decrease. The company also saw a substantial fall in profitability, with a 44.66% decrease in profit. The company's net worth moved up by a moderate rise of 8.86%.

Avon Rims revenue growth over time
Avon Rims profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.72%
Revenue from Operations
-8.48%
Total Assets
3.83%
Profit or Loss
-44.66%
Net Worth
8.86%
EBITDA
-28.44%

What is the Ownership and Shareholding Structure of Avon Rims?

Unlock access to Avon Rims's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹46.20 M

Charges Breakdown by Lending Institutions

  • Others : 4.50 Cr
  • Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2021Hdfc Bank Limited₹1.20 MSatisfied
14 Sep 2015Others₹4.50 CrSatisfied

How Many Employees Work at Avon Rims?

Avon Rims has a workforce of 100 employees as of Apr 07, 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.

Employee growth trends for Avon Rims Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avon Rims, 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 Rims's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Avon Rims

Recent activity within the organization

  • Annual General Meeting

    Avon Rims Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Avon Rims Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge registered on 14 Jun 2021 via Charge ID 100457801 with Hdfc Bank Limited was fully satisfied on 28 Dec 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.20 M with Charge ID 100457801 was registered on 14 Jun 2021.

  • Charges

    A charge registered on 14 Sep 2015 via Charge ID 10595280 with Others was fully satisfied on 26 Apr 2021.

  • Charges

    A charge with Others of Rs. 45.00 M registered on 14 Sep 2015 with Charge ID 10595280 was modified on 23 Jul 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Avon Rims Private Limited?

    Avon Rims Private Limited was incorporated on 27 Jul 1998.

  • What is authorized share capital and paid-up capital of Avon Rims Private Limited?

    The authorized share capital of Avon Rims Private Limited is ₹ 1.10 M and paid-up capital is ₹ 1.06 M.

  • Who are the current board members & directors of Avon Rims Private Limited?

    Currently 3 directors are associated with Avon Rims Private Limited.

    • Chetan Singh Pahwa
    • Kamla Pahwa
    • Mandeep Ahluwalia Pahwa
  • What is the registered address of Avon Rims Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avon Rims Private Limited is Phase Viii, Focal Point Chandigarh Road India, Ludhiana, Punjab, 141010.

  • What is the corporate identification number (CIN) and company number of Avon Rims Private Limited?

    The corporate identification number (CIN) of Avon Rims Private Limited is U35921PB1998PTC021624 and the company number is 021624 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avon Rims Private Limited?

    The Official website of Avon Rims Private Limited is https://www.avonrims.com

  • What has been the recent revenue trend for Avon Rims Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avon Rims Private Limited has fallen by -7.72%.

  • How many employees does Avon Rims Private Limited currently have?

    As Per 2023 financial reports, 100 employees are currently employed by Avon Rims Private Limited.

  • What change has been observed in the net worth of Avon Rims Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avon Rims Private Limited has experienced an upsurge of 8.86%.

  • When was the last Balance Sheet of Avon Rims Private Limited filed with the ROC?

    The most recent Balance Sheet for Avon Rims Private Limited was filed with the ROC on 31 Mar 2024.

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