Avon Newage Cycles Private Limited, a active private limited company, was established on 16 September 2020 in Ludhiana, Punjab, India. Engaging in bicycle mfg & retail within the manufacturing sector, it holds CIN: U35999PB2020PTC051894. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹75.00 Cr and a paid-up capital of ₹68.95 Cr.
Employing 180 professional, Its leadership includes Rishi Pahwa (Managing Director), Onkar Singh Pahwa (Director), Mandeep Singh Pahwa (Director). Past directors included Rishi Pahwa. It holds ₹42.00 Cr open charges and ₹37.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Avon Cycles Premises G.T. Road, Dhandari Kalan, Ludhiana, Punjab, 141003.
U35999PB2020PTC051894
051894
16 September 2020
₹75.00 Cr
₹68.95 Cr
Roc Chandigarh
Unlisted
Active
Explore comprehensive insights into Avon Newage Cycles Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rishi Pahwa | Managing Director | 16 Sep 2020 | Current |
| Onkar Singh Pahwa | Director | 16 Sep 2020 | Current |
| Mandeep Singh Pahwa | Director | 16 Sep 2020 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 31 Jan 2024 | Past |
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Avon Newage Cycles Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth Soared by an impressive increase of 335.51%.
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In 2022, Avon Newage Cycles 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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₹420,000,000.00
₹370,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2023 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 02 Mar 2023 | Others | ₹5.00 Cr | Open |
| 23 Dec 2022 | Hdfc Bank Limited | ₹17.00 Cr | Open |
| 27 Jan 2022 | Others | ₹15.00 Cr | Open |
| 18 Sep 2021 | Hdfc Bank Limited | ₹37.00 Cr | Satisfied |
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Avon Newage Cycles has a workforce of 180 employees as of Mar 28, 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 Newage Cycles, 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 Newage Cycles's trajectory.
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Progress on Avon Newage Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
The activity Avon Newage Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was completed.
A charge registered on 18 Sep 2021 via Charge ID 100492204 with Hdfc Bank Limited was fully satisfied on 09 Jul 2024. was recorded as a recent event.
Jahanvi Sharma was appointed as a Cfo was appointed as a Cfo on 13 Feb 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.
A charge with Hdfc Bank Limited of Rs. 17.00 Cr registered on 23 Dec 2022 with Charge ID 100668601 was modified on 18 Jan 2024. was recorded as a recent event.
Progress on A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 24 May 2023 with Charge ID 100730106 was modified on 06 Dec 2023. was documented.
According to Onkar Singh Pahwa, chairman-cum-managing director of Avon Cycles, the owners of M/S Swani Motors Services, duped his company of Rs10.50 crore, which was initially taken as a loan from them..
GreenSignal Bio Pharma says the IPO will constitute up to 38% of the fully diluted post-offer paid-up equity share capital.
The CIN of Avon Newage Cycles Private Limited is U35999PB2020PTC051894.
Avon Newage Cycles Private Limited is headquartered at Avon Cycles Premises G.T. Road, Dhandari Kalan, Ludhiana, Punjab, 141003.
Avon Newage Cycles Private Limited was incorporated on 16 September 2020.
The current directors of Avon Newage Cycles Private Limited are
The primary industry of Avon Newage Cycles Private Limited is Manufacturing.
Avon Newage Cycles Private Limited is unlisted.
The authorized capital of Avon Newage Cycles Private Limited is ₹75.00 Cr, and the paid-up capital is ₹68.95 Cr.
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