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ActiveLudhiana, PunjabSince 2020

Avon Newage Cycles Private Limited

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Set up in 2020 in Ludhiana. It has pledged its assets against loans of up to ₹102 crore from 4 lenders.

CINU35999PB2020PTC051894
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6 years at a glance

Loans against its assets, and when today's people joined

202120222023202420252026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyHDFC Bank Limited, up to ₹37 crore, 18 Sept 2021 to 9 Jul 2024Export Import Bank of India, up to ₹15 crore, 27 Jan 2022 to still openHDFC Bank Limited, up to ₹17 crore, 23 Dec 2022 to still openPunjab National Bank, up to ₹5 crore, 2 Mar 2023 to still openHDFC Bank Limited, up to ₹5 crore, 24 May 2023 to still openHDFC Bank Limited, up to ₹30 crore, 31 Mar 2026 to still openAxis Bank Limited, up to ₹30 crore, 31 Mar 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2020Registered as a company on 16 Sept 2020.
  • 2021Its biggest loan against assets, ₹37 crore with HDFC Bank Limited, was paid off in 2024.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹102 crorein loans backed by its assets, from 4 lenders

  • HDFC Bank Limited₹52 crore

    3 open loans, taken out 2022 to 2026

  • Axis Bank Limited₹30 crore

    Open, taken out 31 Mar 2026

  • Export Import Bank of India₹15 crore

    Open, taken out 27 Jan 2022

  • Punjab National Bank₹5 crore

    Open, taken out 2 Mar 2023

1 earlier loan, now paid off
  • HDFC Bank Limited18 Sept 2021 to 9 Jul 2024₹37 crore

What its filings add

Avon Newage Cycles files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.