MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0011478
Avon Bicycle Components Private Limited
Avon Bicycle Components Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹47.46 Cr
▲ 4% YoY
Net profit · FY 2024
₹8.89 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹52.2 Lakh
EBITDA margin 1.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.49 Lakh
Issued & subscribed
Open charges
₹11.22 Cr
Satisfied ₹14.24 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
246
Provident fund records
About Avon Bicycle Components Private Limited
Data last updated:
Avon Bicycle Components Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 15 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1999PTC022144. Its GSTIN is 03AADCA1848A1ZF (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.49 Lakh. It is led by directors including Rohit Pahwa (Managing Director) and Anila 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 9 11 Industrial Area B Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.46 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹8.89 Lakh (net margin 0.2%) and EBITDA of ₹52.2 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
The company has about 246 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.22 Cr and satisfied charges of ₹14.24 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Avon Bicycle Components Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0011478). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Avon Bicycle Components Private Limited
CIN U35921PB1999PTC022144
Registration Number 022144
Incorporation Date 15 January 1999
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 Small
Udyam Registration UDYAM-PB-12-0011478
Recognitions & Rankings of Avon Bicycle Components
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address9 11 Industrial Area B Ludhiana, Punjab, India – 141003
- IndustryAutomotive, Bicycle Mfg & Retail
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Business Activity of Avon Bicycle Components Private Limited
The main business activity of Avon Bicycle Components is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Avon Bicycle Components Private Limited FY 2025 filings available
Avon Bicycle Components Private Limited reported revenue of ₹47.46 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹47.46 Cr ▲ 4%
Net profit · FY 2024
₹8.89 Lakh margin 0.2%
EBITDA · FY 2024
₹52.2 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR) of Avon Bicycle Components Private Limited
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 9%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 1%
5 years · compounded
▼ 10%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 4% growth in the latest year. EBITDA fell 2% 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 of Avon Bicycle Components Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹52.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.89 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avon Bicycle Components Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avon Bicycle Components are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Avon Bicycle Components Private Limited
Avon Bicycle Components has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Pahwa | Managing Director | 15 Jan 1999 | 27 Years 9 Months | Current |
| Anila Pahwa | Director | 16 May 2003 | 23 Years 5 Months | Current |
| Sheena Pahwa | Director | 16 May 2003 | 23 Years 5 Months | Current |
Peer Comparison of Avon Bicycle Components Private Limited
Avon Bicycle Components Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Cycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radiant Components Private Limited | ₹58.9 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ludhiana, Punjab, India |
| United Marathon Engineers Private Limited | ₹57.64 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Punjab, India |
| Northern India Cyco Parts Private Limited | ₹56.15 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Unistar Technoplast Private Limited | ₹53.31 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Ludhiana, Punjab, India |
| Vishal Udyog Pvt Ltd | ₹48.65 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Punjab, India |
| Avon Bicycle Components Private Limited this company | ₹47.46 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Ludhiana, Punjab, India |
| Nice Exports Pvt.Ltd | ₹45.66 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Ludhiana, Punjab, India |
| Usha Cycle Private Limited | ₹45.58 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| SKS Eco Wheels Private Limited | ₹44.53 Cr (FY 2024) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| Tipson Cycles Pvt Ltd | ₹43.68 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Punjab, India |
| Phoenix Motors (Motor Cycles Division) Private Limited | ₹41.04 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Telangana, India |
Peers are the five companies nearest above and the five nearest below Avon Bicycle Components by revenue in the Automobiles industry (Cycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avon Bicycle Components Private Limited
Avon Bicycle Components Private Limited is audited by H K CHITKARA & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H K CHITKARA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Avon Bicycle Components Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Avon Bicycle Components Private Limited
Open charges
₹11.22 Cr
Satisfied charges
₹14.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Nov 2025 | Hdfc Bank Limited | ₹11 Lakh | Open |
| 04 Mar 2025 | Hdfc Bank Limited | ₹28 Lakh | Open |
| 26 Mar 2019 | Hdfc Bank Limited | ₹10.83 Cr | Open |
| 09 Oct 2017 | Yes Bank Limited | ₹3.82 Cr | Satisfied |
| 21 Sep 2016 | Others | ₹1 Cr | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Avon Bicycle Components Private Limited
Avon Bicycle Components Private Limited has 1 court case on record: 1 filed by Avon Bicycle Components. All case is disposed. Status as checked on 03 Oct 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Principal Secy. to Govt. of Punjab | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Avon Bicycle Components Private Limited
Avon Bicycle Components Private Limited has a workforce of 246 employees as of Apr 04, 2024.
Employee count
246
Active EPFO establishments
1
Employee growth
-11.19%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Avon Bicycle Components Private Limited
Avon Bicycle Components Private Limited has 7 board changes on record since 1999: 3 appointments and 4 cessations. The latest: Anila Pahwa ceased to be Director on 31 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.00 Lakh with Charge ID 101193418 was registered on 13 Nov 2025.
AGM
Avon Bicycle Components Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avon Bicycle Components Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.00 Lakh with Charge ID 101079887 was registered on 04 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 1,083.43 Lakh registered on 26 Mar 2019 with Charge ID 100258645 was modified on 27 Feb 2023.
Ceased
Anila Pahwa ceased to be Director.
Ceased
Sheena Pahwa ceased to be Director.
Ceased
Rohit Pahwa ceased to be Director.
Ceased
Harmohinder Singh Pahwa ceased to be Director.
Charges
A charge registered on 09 Oct 2017 via Charge ID 100139729 with Yes Bank Limited was fully satisfied on 15 May 2019.
Charges
A charge registered on 09 Jan 2015 via Charge ID 10546930 with Punjab National Bank was fully satisfied on 29 Mar 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,083.43 Lakh with Charge ID 100258645 was registered on 26 Mar 2019.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avon Bicycle Components Private Limited
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Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Avon Bicycle Components Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Avon Bicycle Components Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Avon Bicycle Components Private Limited
Avon Bicycle Components has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCA1848A1ZF | Punjab | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Avon Bicycle Components Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Avon Bicycle Components Private Limited
Avon Bicycle Components is an active private limited company based in Ludhiana, Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 15 January 1999 (27+ years old) and is registered under CIN U35921PB1999PTC022144.
Avon Bicycle Components reported revenue of ₹47.46 Cr for FY 2024 (up 4% YoY).
Avon Bicycle Components has 3 current directors:
- Rohit Pahwa - Managing Director
- Anila Pahwa - Director
- Sheena Pahwa - Director
Avon Bicycle Components reported a net profit of ₹8.89 Lakh (net margin 0.2%) and EBITDA of ₹52.2 Lakh (EBITDA margin 1.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avon Bicycle Components is 9% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avon Bicycle Components is 03AADCA1848A1ZF, registered in Punjab.
The CIN (Corporate Identification Number) of Avon Bicycle Components is U35921PB1999PTC022144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avon Bicycle Components has 1 court case on record: 1 filed by the company.
Avon Bicycle Components was incorporated on 15 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Avon Bicycle Components by revenue are Radiant Components Private Limited, United Marathon Engineers Private Limited, Northern India Cyco Parts Private Limited, Unistar Technoplast Private Limited, Vishal Udyog Pvt Ltd and 5 more, all in the Automobiles industry (Cycles).
Anila Pahwa ceased to be Director on 31 Aug 2022. Sheena Pahwa ceased to be Director on 31 Aug 2022. Rohit Pahwa ceased to be Director on 01 Dec 2021. Avon Bicycle Components has 7 board changes on record in total.