Pioneer Spinning And Weavings Mills Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 27-06-2024
- Paid Up Capital ₹ 1.00 Cr
as on 27-06-2024
- Company Age 45 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.85 Cr
as on 27-06-2024
- Satisfied Charges ₹ 41.52 Cr
as on 27-06-2024
- Revenue -45.13%
(FY 2023)
- Profit -311.89%
(FY 2023)
- Ebitda -85.28%
(FY 2023)
- Net Worth -72.24%
(FY 2023)
- Total Assets -29.91%
(FY 2023)
About Pioneer Spinning And Weavings Mills
The Corporate was formerly known as Putthur Textiles Ltd. The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹23.85 Cr. The company has closed loans amounting to ₹41.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Beena Kosaraju, Basaveswara Kakumani, Tara Kakumanu, and One other member serve as directors at the Company.
- CIN/LLPIN
U18100AP1979PLC002546
- Company No.
002546
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Oct 1979
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Chittoor, Andhra Pradesh, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Pioneer Spinning And Weavings Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Beena Kosaraju  | Managing Director | 06-Sep-2005 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashwin Kakumanu | Whole-Time Director | 29-Sep-2006 | Current |
| Basaveswara Kakumani | Director | 21-Nov-2022 | Current |
| Tara Kakumanu | Director | 27-Oct-2016 | Current |
Financial of Pioneer Spinning And Weavings Mills.
Pioneer Spinning And Weavings Mills Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.13% decrease. The company also saw a substantial fall in profitability, with a 311.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Pioneer Spinning And Weavings Mills?
In 2023, Pioneer Spinning And Weavings Mills had a promoter holding of 38.29% and a public holding of 61.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Pioneer Building Syndicate Private LimitedActive 62 years 11 months
Tara Kakumanu is a mutual person
- Madras Township Developers Private LimitedActive 28 years 10 months
Tara Kakumanu is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 17 Jun 2022 | ₹12.93 Cr | Open |
Andhra Bank Creation Date: 03 May 1995 | ₹6.90 Cr | Open |
Andhra Pradesh Industrial Development Corpn. Ltd. Creation Date: 13 Mar 1992 | ₹3.70 M | Open |
How Many Employees Work at Pioneer Spinning And Weavings Mills?
Unlock and access historical data on people associated with Pioneer Spinning And Weavings Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pioneer Spinning And Weavings Mills, 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 Spinning And Weavings Mills's trajectory.
Rating
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
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.
