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
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
Avon Bicycle Components Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 11 Industrial Area B Ludhiana, Punjab, India – 141003
- IndustryAutomotive, Bicycle Mfg & Retail
To see the full contact details of Avon Bicycle Components Private Limited, buy the company report.
Comprehensive company report
Avon Bicycle Components 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Avon Bicycle Components is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Avon Bicycle Components Private Limited, buy the company report.
Financials of Avon Bicycle Components Private Limited
FY 2025 filings availableAvon 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹52.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.89 Lakh | ||||
| Balance Sheet | |||||
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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 | 1.1% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Avon Bicycle Components Private Limited, buy the company report.
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 |
Auditor
Avon Bicycle Components Private Limited is audited by H K CHITKARA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K CHITKARA & CO | FY 2018 | 001571N |
Shareholding
The shareholding of Avon Bicycle Components Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avon Bicycle Components Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.22 Cr
Satisfied charges
₹14.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2025 | 101193418 | Hdfc Bank Limited | ₹11 Lakh | Open | |
| 04 Mar 2025 | 101079887 | Hdfc Bank Limited | ₹28 Lakh | Open | |
| 26 Mar 2019 | 100258645 | Hdfc Bank Limited | ₹10.83 Cr | Open | |
| 09 Oct 2017 | 100139729 | Yes Bank Limited | ₹3.82 Cr | Satisfied | |
| 21 Sep 2016 | 100063656 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Avon Bicycle Components Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Avon Bicycle Components Private Limited has 1 court case on record: 1 filed by Avon Bicycle Components. All case is disposed.
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, PUNJAB | Writ petition | Filed by the company against Principal Secy. to Govt. of Punjab and Ors. | Disposed |
To see the full case history of Avon Bicycle Components 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 Avon Bicycle Components Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avon Bicycle Components Private Limited has a workforce of 246 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
246
Active EPFO establishments
1
Employee growth
-11.19%
GST
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 |
To see the full GST registrations and return filing status of Avon Bicycle Components Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Rohit Pahwa - Managing Director
- Anila Pahwa - Director
- Sheena Pahwa - Director
The latest financial statements of Avon Bicycle Components 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.
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.
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.
Yes, Avon Bicycle Components is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0011478).
The registered office of Avon Bicycle Components is at 9 11 Industrial Area B Ludhiana, Punjab, India – 141003.