Pioneer Aluminium Industries Limited

Alumina refinery and power plant with bauxite supply agreement.

2007 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: August 09, 2024

Pioneer Aluminium Industries Profile

Key Indicators

  • Authorised Capital ₹ 10,000.00 Cr
  • Paid Up Capital ₹ 3,059.21 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3,939.45 Cr
  • Revenue Growth 4111.12%
  • Profit Growth 1825.93%
  • Ebitda -485.49%
  • Net Worth 201.43%
  • Total Assets 5.28%

About Pioneer Aluminium Industries

Pioneer Aluminium Industries Limited (PAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 March 2007 and has a history of 17 years and ten months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Anrak Aluminnium Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10,000.00 Cr and a paid-up capital of Rs 3,059.21 Cr.

The company has closed loans amounting to ₹3,939.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pioneer Aluminium Industries Limited India are Sanka Rao as COMPANY SECRETARY and Srinivas Peddibhotla as Cfo. Prathap Puttamreddy, Ramakrishna Garisa, Ramesh Puttamreddy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999AP2007PLC053278

  • Company No.

    053278

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2007

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals
Energy and Power

Who are the key members and board of directors at Pioneer Aluminium Industries?

Executive Team (2)

Name Designation Appointment Date Status
Sanka Rao Country flag representing In Company Secretary 29-Jul-2020 Current
Srinivas Peddibhotla CFO 29-Jul-2020 Current

Board Members (6)

Name Designation Appointment Date Status
Prathap Puttamreddy Country flag representing In Director 03-Dec-2009 Current
Ramakrishna Garisa Country flag representing In Director 05-Mar-2015 Current
Ramesh Puttamreddy Country flag representing In Whole-Time Director 03-Sep-2012 Current
Madhu Koneru Country flag representing In Director 11-Oct-2022 Current
Bathena Reddy Country flag representing In Director 05-Sep-2016 Current
Lankapalli Rao Country flag representing In Whole-Time Director 31-Dec-2021 Current

Financial Performance of Pioneer Aluminium Industries.

Pioneer Aluminium Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 4111.12% increase. The company also saw a substantial improvement in profitability, with a 1825.93% increase in profit. The company's net worth Soared by an impressive increase of 201.43%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
4111.12%
Revenue from Operations
Total Assets
5.28%
Profit or Loss
1825.93%
Net Worth
201.43%
EBITDA
-485.49%

What is the Ownership and Shareholding Structure of Pioneer Aluminium Industries?

In 2023, Pioneer Aluminium Industries had a promoter holding of 49.32% and a public holding of 50.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,939.45 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3348.61 Cr
  • State Bank Of India : 177.30 Cr
  • Punjab National Bank : 88.61 Cr
  • Others : 64.79 Cr
  • Union Bank Of India : 47.86 Cr
  • Others : 212.28 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2015 Punjab National Bank ₹36.00 Cr Satisfied
22 Aug 2015 Others ₹20.00 Cr Satisfied
26 Jun 2015 Others ₹3.50 Cr Satisfied
30 Mar 2015 Uco Bank ₹20.49 Cr Satisfied
08 Dec 2014 Indian Bank ₹8.10 Cr Satisfied

How Many Employees Work at Pioneer Aluminium Industries?

Pioneer Aluminium Industries has a workforce of 377 employees as of Aug 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pioneer Aluminium Industries, 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 Pioneer Aluminium Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Pioneer Aluminium Industries

Recent activity within the organization

  • Annual General Meeting

    Pioneer Aluminium Industries Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Pioneer Aluminium Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 12 Dec 2009 via Charge ID 10194043 with Axis Bank Limited was fully satisfied on 14 Oct 2022.

    14 Oct 2022

  • Director Appointment

    Madhu Koneru was appointed as a Director was appointed as a Director on 11 Oct 2022 & has been associated with this company since 2 years 3 months .

    11 Oct 2022

  • Charges

    A charge registered on 29 Sep 2015 via Charge ID 10601638 with Punjab National Bank was fully satisfied on 23 Sep 2022.

    23 Sep 2022

  • Charges

    A charge registered on 22 Aug 2015 via Charge ID 10593625 with Others was fully satisfied on 23 Sep 2022.

    23 Sep 2022

Frequently asked questions

  • Pioneer Aluminium Industries Limited was incorporated on 23 Mar 2007.

  • The authorized share capital of Pioneer Aluminium Industries Limited is ₹ 10,000.00 Cr and paid-up capital is ₹ 3,059.21 Cr.

  • Currently 8 directors are associated with Pioneer Aluminium Industries Limited.

    • Prathap Reddy Puttamreddy
    • Ramakrishna Reddy Garisa
    • Ramesh Reddy Puttamreddy
    • Madhu Koneru
    • Bathena Lakshmi Shruthi Reddy
    • Lankapalli Sundara Rao
    • Sanka Ganapathi Rao
    • Srinivas Narayana Peddibhotla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Aluminium Industries Limited is Apiic Industrial Park Rachapalli(Village), Makavarapalem (Mandal), Vishakapatnam, Andhra Pradesh, India, 531113.

  • The corporate identification number (CIN) of Pioneer Aluminium Industries Limited is U74999AP2007PLC053278 and the company number is 053278 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pioneer Aluminium Industries Limited is https://www.anrakaluminium.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pioneer Aluminium Industries Limited has risen by 4111.12%.

  • As Per 2023 financial reports, 377 employees are currently employed by Pioneer Aluminium Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pioneer Aluminium Industries Limited has experienced an upsurge of 201.43%.

  • The most recent Balance Sheet for Pioneer Aluminium Industries Limited was filed with the ROC on 31 Mar 2023.

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