About Avon Newage Cycles Private Limited
Data last updated: 10 March 2026
Avon Newage Cycles Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Avon Cycles Ltd. It specialises in bicycle mfg and retail, a part of the broader automotive sector. Incorporated on 16 September 2020, the company has been in operation for over 6 years.
Registered with ROC Chandigarh under CIN U35999PB2020PTC051894.
Capital: an authorised share capital of ₹75 Cr and a paid-up capital of ₹68.95 Cr. It is led by directors including Rishi Pahwa and Onkar Singh Pahwa.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Avon Cycles Premises G.T. Road Dhandari Kalan, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.34 Cr, a growth of 18% compared to the previous year.
The company has a workforce of approximately 180 employees as per the latest available data. It operates as a subsidiary of Avon Cycles Ltd.
The company is associated with 1 brand - Avon Newage Cycles. As per MCA filings, the company has open charges of ₹42 Cr and satisfied charges of ₹37 Cr on record.
For more details, the company can be reached via its website cambiobikes.com.
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Registered AddressAvon Cycles Premises G.T. Road Dhandari Kalan, Ludhiana, Punjab, India – 141003
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IndustryAutomotive, Bicycle Mfg & Retail
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Avon Newage Cycles Private Limited
Avon Newage Cycles Private Limited operates one associated brand: Avon Newage Cycles. These brands represent Avon Newage Cycles Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Avon Newage Cycles produces premium two-wheeler equipment and components. | avonnewagecycles.com |
Competitors & Alternatives of Avon Newage Cycles Private Limited
Brands and companies operating in the same space as Avon Newage Cycles Private Limited include Cummins, Valeo, UNO Minda and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Cummins
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Manufacturer of gas-powered construction equipment | United States | 1919 |
Valeo
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Automotive products and services are supplied globally to automakers. | Paris, France, France | 1923 |
UNO Minda
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies | Gurugram, India, India | 1958 |
Rane Group
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Major auto components are manufactured and supplied to OEMs. | Chennai, India, India | 1929 |
Novares
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Major auto components are manufactured and supplied globally. | Clamart, France, France | 1955 |
Schaeffler
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Manufacturer of bearings for the automotive industry | Herzogenaurach, Germany, Germany | 1946 |
Hutchinson
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Manufacturer and supplier of major auto components | Paris, France, France | 1853 |
Faurecia
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Automotive components and systems are manufactured for vehicles. | Nanterre, France, France | 1997 |
ZF
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Mobility systems are developed for cars, vehicles, and industrial uses. | Friedrichshafen, Germany, Germany | 1915 |
Business Activity of Avon Newage Cycles Private Limited
Avon Newage Cycles Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details for Avon Newage Cycles Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Avon Newage Cycles Private Limited
Avon Newage Cycles Private Limited is audited by C S ARORA & ASSOCIATES for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C S ARORA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Avon Newage Cycles Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Avon Newage Cycles Private Limited
Avon Newage Cycles Private Limited is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Rishi Pahwa
Also directs:
Avon Fitness Machines Private Limited, Avon Cycles Ltd, Avon Energies And Investments Private Limited and 1 more
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Managing Director | 16 Sep 2020 | 5 Years 11 Months | Current |
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Onkar Singh Pahwa
Also directs:
Avon Fitness Machines Private Limited, Avon Cycles Ltd, Avon Energies And Investments Private Limited and 3 more
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Director | 16 Sep 2020 | 5 Years 11 Months | Current |
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Mandeep Singh Pahwa
Also directs:
Avon Fitness Machines Private Limited, Avon Cycles Ltd, Avon Energies And Investments Private Limited and 1 more
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Director | 16 Sep 2020 | 5 Years 11 Months | Current |
Financials of Avon Newage Cycles Private Limited FY 2025 filings available
Avon Newage Cycles Private Limited reported revenue of ₹68.34 Cr (up 18.00% YoY) for FY 2025.
Ten-year financial statements for Avon Newage Cycles Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Avon Newage Cycles Private Limited
Shareholding and ownership data for Avon Newage Cycles Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Avon Newage Cycles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2023 | Hdfc Bank Limited | ₹5 Cr | Open |
| 02 Mar 2023 | Others | ₹5 Cr | Open |
| 23 Dec 2022 | Hdfc Bank Limited | ₹17 Cr | Open |
| 27 Jan 2022 | Others | ₹15 Cr | Open |
| 18 Sep 2021 | Hdfc Bank Limited | ₹37 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Avon Newage Cycles Private Limited
Avon Newage Cycles Private Limited has a workforce of 180 employees as of Mar 28, 2024.
Employee and EPFO history for Avon Newage Cycles Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Avon Newage Cycles Private Limited
GST registrations and filing compliance for Avon Newage Cycles Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Avon Newage Cycles Private Limited
Credit ratings, litigation, and regulatory alerts for Avon Newage Cycles Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Avon Newage Cycles Private Limited
MSME payment history for Avon Newage Cycles Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Avon Newage Cycles Private Limited
Corporate group structure for Avon Newage Cycles Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Avon Newage Cycles Private Limited
MCA filings and documents for Avon Newage Cycles Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Avon Newage Cycles Private Limited
Recent News on Avon Newage Cycles Private Limited
Frequently Asked Questions about Avon Newage Cycles Private Limited
Avon Newage Cycles Private Limited is an active private limited company in the automotive sector based in Ludhiana, Punjab, India. It was incorporated on 16 September 2020 (6+ years old) and is registered under CIN U35999PB2020PTC051894. The company has 180 employees.
Avon Newage Cycles Private Limited reported revenue of ₹68.34 Cr for FY 2025 (up 18.00% YoY).
The current directors of Avon Newage Cycles Private Limited are:
- Rishi Pahwa - Managing Director
- Onkar Singh Pahwa - Director
- Mandeep Singh Pahwa - Director
The primary industry of Avon Newage Cycles Private Limited is automotive. The company specifically operates in bicycle mfg and retail. The company is currently active in this sector.
Avon Newage Cycles Private Limited can be reached at the registered office: Avon Cycles Premises G.T. Road Dhandari Kalan, Ludhiana, Punjab, India – 141003, or through the website cambiobikes.com.
The authorised capital is ₹75 Cr, and the paid-up capital is ₹68.95 Cr.