MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CH-01-0004766
Avery Freewheel Private Limited
Avery Freewheel Private Limited - manufacturing in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.79 Cr
▼ 94% YoY
Net loss · FY 2024
₹3.23 Cr
Net margin -180.8%
EBITDA · FY 2024
-₹3.11 Cr
EBITDA margin -173.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10.01 Lakh
Issued & subscribed
Satisfied charges
₹19.92 Cr
No open charges
Company age
55 yrs
Est. 1971
Employees · EPFO
3
Provident fund records
About Avery Freewheel Private Limited
Data last updated:
Avery Freewheel Private Limited is a private limited company based in Chandigarh, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 07 August 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35923CH1971PTC003037. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.01 Lakh. It is led by directors Tejwant Singh Pahwa and Kulwant Singh Pahwa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 23 A Industrial Areaphase 1 Chandigarh, Chandigarh, India – 160002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.79 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹3.23 Cr (net margin -180.8%) and EBITDA of -₹3.11 Cr (EBITDA margin -173.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹19.92 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
Avery Freewheel Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0004766). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35923CH1971PTC003037
Registration Number 003037
Incorporation Date 07 August 1971
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-CH-01-0004766
Recognitions & Rankings of Avery Freewheel
Contact details
Avery Freewheel Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23 A Industrial Areaphase 1 Chandigarh, Chandigarh, India – 160002
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Avery Freewheel Private Limited, buy the company report.
Comprehensive company report
Avery Freewheel Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Avery Freewheel is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Avery Freewheel Private Limited, buy the company report.
Financials of Avery Freewheel Private Limited
FY 2025 filings availableAvery Freewheel Private Limited reported revenue of ₹1.79 Cr (down 94% YoY) for FY 2024.
Revenue · FY 2024
₹1.79 Cr ▼ 94%
Net loss · FY 2024
₹3.23 Cr margin -180.8%
EBITDA · FY 2024
-₹3.11 Cr margin -173.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▲ 8%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 119%
3 years · compounded
▼ 224%
5 years · compounded
▼ 67%
Revenue fell 94% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 119% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Employee Benefit Expense | |||||
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| Total Expenses | |||||
| EBITDA | -₹3.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.23 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -173.9% | ||||
| Net Profit Margin | -180.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Avery Freewheel Private Limited, buy the company report.
Board of directors of Avery Freewheel Private Limited
Avery Freewheel has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejwant Singh Pahwa | Director | 12 Apr 2003 | 23 Years 6 Months | Current |
| Kulwant Singh Pahwa | Director | 07 Aug 1971 | 55 Years 2 Months | Current |
Auditor
Avery Freewheel Private Limited is audited by PARVEEN KAPOOR AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARVEEN KAPOOR AND ASSOCIATES | FY 2022 | 090987 |
Shareholding
The shareholding of Avery Freewheel Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avery Freewheel Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹19.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2021 | 100502231 | Others | ₹50 Lakh | Satisfied | |
| 05 Jan 2021 | 100415665 | Others | ₹28 Lakh | Satisfied | |
| 13 Dec 2019 | 100310687 | Others | ₹30 Lakh | Satisfied | |
| 24 Dec 2018 | 100228406 | Others | ₹40.4 Lakh | Satisfied | |
| 26 Apr 2018 | 100177304 | Others | ₹40.4 Lakh | Satisfied |
To see the full charge records of Avery Freewheel Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Avery Freewheel Private Limited has 6 court cases on record: 5 filed by Avery Freewheel, 1 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Lifestyle Buildcon Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Lifestyle Buildcon Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Lifestyle Buildcon Private Limited | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Life Style Buildcon Private Limited and 1 other | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of Avery Freewheel Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avery Freewheel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avery Freewheel Private Limited has a workforce of 3 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
GST
Avery Freewheel has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Avery Freewheel Private Limited, buy the company report.
Recent activity
Avery Freewheel Private Limited has 2 board changes on record since 1971: 2 appointments. The latest: Tejwant Singh Pahwa was appointed as Director on 12 Apr 2003.
AGM
Avery Freewheel Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avery Freewheel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge registered on 02 Sep 2021 via Charge ID 100502231 with Others was fully satisfied on 18 Jan 2023.
Charges
A charge registered on 05 Jan 2021 via Charge ID 100415665 with Others was fully satisfied on 18 Jan 2023.
Charges
A charge registered on 13 Dec 2019 via Charge ID 100310687 with Others was fully satisfied on 18 Jan 2023.
Charges
A charge registered on 24 Dec 2018 via Charge ID 100228406 with Others was fully satisfied on 18 Jan 2023.
Charges
A charge registered on 26 Apr 2018 via Charge ID 100177304 with Others was fully satisfied on 18 Jan 2023.
Charges
A charge registered on 31 Aug 2017 via Charge ID 100124648 with Others was fully satisfied on 18 Jan 2023.
Charges
A charge registered on 21 Jun 2017 via Charge ID 100107899 with Others was fully satisfied on 18 Jan 2023.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100502231 was registered on 02 Sep 2021.
Charges
A charge with Others amounted to Rs. 28.00 Lakh with Charge ID 100415665 was registered on 05 Jan 2021.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100310687 was registered on 13 Dec 2019.
42 earlier events are in the company report.
Frequently asked questions
Avery Freewheel is an active private limited company based in Chandigarh, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 07 August 1971 (55+ years old) and is registered under CIN U35923CH1971PTC003037.
Avery Freewheel has 2 current directors:
- Tejwant Singh Pahwa - Director
- Kulwant Singh Pahwa - Director
The latest financial statements of Avery Freewheel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Avery Freewheel has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avery Freewheel is U35923CH1971PTC003037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avery Freewheel has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Avery Freewheel was incorporated on 07 August 1971, making it 55+ years old. It is registered with the Registrar of Companies, Chandigarh.
Tejwant Singh Pahwa was appointed as Director on 12 Apr 2003. Kulwant Singh Pahwa was appointed as Director on 07 Aug 1971.
Yes, Avery Freewheel is registered as a micro enterprise under Udyam registration (number: UDYAM-CH-01-0004766).
The registered office of Avery Freewheel is at 23 A Industrial Areaphase 1 Chandigarh, Chandigarh, India – 160002.
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