MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CH-01-0005425
Avon Rims Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.72 Cr
▼ 19% YoY
Net profit · FY 2024
₹89.29 Lakh
Net margin 4.8%
EBITDA · FY 2024
₹1.43 Cr
EBITDA margin 7.7%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹10.6 Lakh
Issued & subscribed
Satisfied charges
₹4.62 Cr
No open charges
Company age
28 yrs
Est. 1998
Employees · EPFO
100
Provident fund records
About Avon Rims Private Limited
Data last updated:
Avon Rims Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 27 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1998PTC021624. Its GSTIN is 04AAECA6601N2ZR (Chandigarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹10.6 Lakh. It was formerly known as Avon Rims Limited. It is led by directors including Chetan Singh Pahwa (Managing Director) and Kamla 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 Phase VIII Focal Point Chandigarh Road, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.72 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹89.29 Lakh (net margin 4.8%) and EBITDA of ₹1.43 Cr (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 100 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4.62 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
Avon Rims Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0005425). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avonrims.com.
Company details
CIN U35921PB1998PTC021624
Registration Number 021624
Incorporation Date 27 July 1998
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-CH-01-0005425
CIN history
Avon Rims has one previous CIN (Corporate Identification Number): U35921PB1998PLC021624. The current CIN is U35921PB1998PTC021624, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35921PB1998PTC021624 | Current |
| U35921PB1998PLC021624 | Previous |
Key People
Chetan Singh Pahwa Managing Director Kamla Pahwa Director Mandeep Ahluwalia Pahwa Director Recognitions & Rankings of Avon Rims
Contact details
Avon Rims Private Limited's registered office is in Ludhiana, Punjab. Its website is avonrims.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPhase VIII Focal Point Chandigarh Road, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Avon Rims Private Limited, buy the company report.
Comprehensive company report
Avon Rims 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
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Business activity
The main business activity of Avon Rims 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 Rims Private Limited, buy the company report.
Financials of Avon Rims Private Limited
FY 2025 filings availableAvon Rims Private Limited reported revenue of ₹18.72 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹18.72 Cr ▼ 19%
Net profit · FY 2024
₹89.29 Lakh margin 4.8%
EBITDA · FY 2024
₹1.43 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 8%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 1%
5 years · compounded
▲ 9%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 19% fall in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89.29 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 | |||||
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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 | 7.7% | ||||
| Net Profit Margin | 4.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Avon Rims Private Limited, buy the company report.
Board of directors of Avon Rims Private Limited
Avon Rims has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Singh Pahwa | Managing Director | 24 Jan 2006 | 20 Years 9 Months | Current |
| Kamla Pahwa Also directs: Avon Tubes Limited, Avon Steel Industries Private Limited, Avery Raleigh Cycles LLP and 2 more | Director | 04 Nov 2006 | 20 Years 0 Months | Current |
| Mandeep Ahluwalia Pahwa | Director | 01 Nov 2015 | 11 Years 0 Months | Current |
Auditor
Avon Rims Private Limited is audited by H.K. CHITKARA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.K. CHITKARA & CO. | FY 2023 | 001571N |
Shareholding
The shareholding of Avon Rims Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avon Rims Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹4.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2021 | 100457801 | Hdfc Bank Limited | ₹12 Lakh | Satisfied | |
| 14 Sep 2015 | 10595280 | Others | ₹4.5 Cr | Satisfied |
To see the full charge records of Avon Rims Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Avon Rims Private Limited has 7 court cases on record: 6 filed by Avon Rims, 1 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
6
Filed against the company
1
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by M/S Chanidgarh Mazda Transport and Anr and 2 others | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Chandigarh Mazda Transport | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Cute Products India | Disposed |
| High Court | Court case (CWJC) | Filed by the company against The State of Bihar Through the Principal Secretary, and 4 others | Disposed |
To see the full case history of Avon Rims 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 Rims Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avon Rims Private Limited has a workforce of 100 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
100
Active EPFO establishments
1
Employee growth
-8.26%
GST
Avon Rims has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAECA6601N2ZR | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avon Rims Private Limited, buy the company report.
Recent activity
Avon Rims Private Limited has 5 board changes on record since 1998: 4 appointments and 1 cessation. The latest: Mandeep Ahluwalia Pahwa was appointed as Director on 01 Nov 2015.
AGM
Avon Rims Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avon Rims Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge registered on 14 Jun 2021 via Charge ID 100457801 with Hdfc Bank Limited was fully satisfied on 28 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 100457801 was registered on 14 Jun 2021.
Charges
A charge registered on 14 Sep 2015 via Charge ID 10595280 with Others was fully satisfied on 26 Apr 2021.
Charges
A charge with Others of Rs. 450.00 Lakh registered on 14 Sep 2015 with Charge ID 10595280 was modified on 23 Jul 2019.
Appointed
Mandeep Ahluwalia Pahwa was appointed as Director.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 10595280 was registered on 14 Sep 2015.
Ceased
Harcharan Singh Pahwa ceased to be Director.
Appointed
Kamla Pahwa was appointed as Director.
Appointed
Chetan Singh Pahwa was appointed as Managing Director.
Appointed
Harcharan Singh Pahwa was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Avon Rims is an active private limited company based in Ludhiana, Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 27 July 1998 (28+ years old) and is registered under CIN U35921PB1998PTC021624.
Avon Rims has 3 current directors:
- Chetan Singh Pahwa - Managing Director
- Kamla Pahwa - Director
- Mandeep Ahluwalia Pahwa - Director
The latest financial statements of Avon Rims 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 Rims is 04AAECA6601N2ZR, registered in Chandigarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Avon Rims is U35921PB1998PTC021624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avon Rims has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Avon Rims was incorporated on 27 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Mandeep Ahluwalia Pahwa was appointed as Director on 01 Nov 2015. Harcharan Singh Pahwa ceased to be Director on 08 Sep 2015. Kamla Pahwa was appointed as Director on 04 Nov 2006. Avon Rims has 5 board changes on record in total.
Yes, Avon Rims is registered as a small enterprise under Udyam registration (number: UDYAM-CH-01-0005425).
Avon Rims can be reached through the website avonrims.com. Its registered office is in Ludhiana, Punjab, India.
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