Avon Ispat & Power Limited, a active public limited company, was established on 10 April 1968 in Punjab, Punjab, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: U35921PB1968PLC002754. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹1.68 Cr.
Formerly known as Avery Cycle Industries Private Ltd, Avery Cycle Industries Ltd. It upholds a compliant status. Employing 623 professional, Its leadership includes Kamla Pahwa (Director), Abhinav Pahwa (Managing Director), Siddharth Pahwa (Whole-Time Director). Past directors included Harcharan Singh Pahwa, Chetan Singh Pahwa, Abhinav Pahwa. It holds ₹170.00 Cr open charges and ₹1,923.08 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at G T Roaddhandari Kalan Ludhiana, Punjab, Punjab, 141003.
U35921PB1968PLC002754
002754
10 April 1968
₹6.00 Cr
₹1.68 Cr
Roc Chandigarh
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kamla Pahwa | Director | 04 Nov 2006 | Current |
| Abhinav Pahwa | Managing Director | 01 Mar 2016 | Current |
| Siddharth Pahwa | Whole-Time Director | 01 Mar 2016 | Current |
| Abhinav Singh | Additional Director | 07 Apr 2025 | Current |
| Indermohan Singh Sood | Director | 03 Nov 2017 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Managing Director | 31 May 2022 | Past |
| Pramod Abcsdd | Director | 08 Sep 2015 | Past |
| Pramod Abcsdd | Whole-Time Director | 18 Jul 2022 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Director | 02 Mar 2025 | Past |
| Pramod Abcsdd | Director | 10 Oct 2017 | Past |
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Avon Ispat & Power Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.82% decrease. The company also saw a substantial fall in profitability, with a 24.54% decrease in profit. The company's net worth moved up by a moderate rise of 8.48%.
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In 2023, Avon Ispat & Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹1,700,000,000.00
₹19,230,800,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2015 | Others | ₹170.00 Cr | Open |
| 12 Oct 2021 | Yes Bank Limited | ₹45.00 Cr | Satisfied |
| 12 Jul 2021 | Hdfc Bank Limited | ₹83.00 Cr | Satisfied |
| 31 Jul 2018 | Others | ₹25.00 Cr | Satisfied |
| 28 Feb 2018 | Hdfc Bank Limited | ₹42.00 Cr | Satisfied |
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Avon Ispat & Power has a workforce of 623 employees as of Apr 04, 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.
Gain comprehensive insights into the Deals and Valuation data of Avon Ispat & Power, 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 Ispat & Power's trajectory.
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Abhinav Singh was appointed as a Additional Director was appointed as a Additional Director on 07 Apr 2025 & has been associated with this company since 7 months 26 days . was recorded as a recent event.
Progress on A charge registered on 28 Feb 2018 via Charge ID 100164061 with Hdfc Bank Limited was fully satisfied on 27 Feb 2025. was documented.
Avon Ispat & Power Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.
The activity Avon Ispat & Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.
Progress on A charge with Others of Rs. 170.00 Cr registered on 29 Jun 2015 with Charge ID 10580786 was modified on 05 Jan 2024. was documented.
The activity A charge registered on 12 Jul 2021 via Charge ID 100475683 with Hdfc Bank Limited was fully satisfied on 21 Jul 2023. was completed.
The CIN of Avon Ispat & Power Limited is U35921PB1968PLC002754.
Avon Ispat & Power Limited is headquartered at G T Roaddhandari Kalan Ludhiana, Punjab, Punjab, 141003.
Avon Ispat & Power Limited was incorporated on 10 April 1968.
The current directors of Avon Ispat & Power Limited are
The primary industry of Avon Ispat & Power Limited is Manufacturing.
Avon Ispat & Power Limited is unlisted.
The authorized capital of Avon Ispat & Power Limited is ₹6.00 Cr, and the paid-up capital is ₹1.68 Cr.
The compliance status of Avon Ispat & Power Limited is Compliant.
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