Pioneer Torsteel Mills Private Limited

Manufactures sponge iron and steel products with a capacity of 200 tons/day.

1999 | Hyderabad, Telangana (India) | Active
Last Updated:

Pioneer Torsteel Mills Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 29.12 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 92.59 Cr
  • Revenue Growth -59.66%
  • Profit Growth -8590.08%
  • Ebitda -121.06%
  • Net Worth -22.17%
  • Total Assets -1.17%

About Pioneer Torsteel Mills

Pioneer Torsteel Mills Private Limited (PTMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 November 1999 and has a history of 25 years and three months. Its registered office is in Hyderabad, Telangana, India.

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 2022. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 29.12 Cr.

The company has closed loans amounting to ₹92.59 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Krishnamacharyulu Chilakamarri and Bhargav Upputolla serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    amodagroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15312TG1999PTC032803

  • Company No.

    032803

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 1999

  • Date of AGM

    02 Nov 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

Who are the key members and board of directors at Pioneer Torsteel Mills?

Board Members (2)

NameDesignationAppointment DateStatus
Krishnamacharyulu Chilakamarri Country flag representing In Director 27-Dec-2023Current
Bhargav Upputolla Country flag representing In Additional Director 14-Nov-2022Current

Financial Performance of Pioneer Torsteel Mills.

Pioneer Torsteel Mills Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 59.66% decrease. The company also saw a substantial fall in profitability, with a 8590.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.17%.

Pioneer Torsteel Mills revenue growth over time
Pioneer Torsteel Mills 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
-59.66%
Revenue from Operations
-59.67%
Total Assets
-1.17%
Profit or Loss
-8590.08%
Net Worth
-22.17%
EBITDA
-121.06%

What is the Ownership and Shareholding Structure of Pioneer Torsteel Mills?

In 2020, Pioneer Torsteel Mills had a promoter holding of 96.30% and a public holding of 3.70%. 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

₹92.59 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 36.89 Cr
  • Punjab National Bank : 28.50 Cr
  • Andhra Bank : 24.57 Cr
  • Srei Equipment Finance Limited : 2.30 Cr
  • Kotak Mahindra Bank Limited : 0.33 Cr

Latest Charge Details

DateLenderAmountStatus
01 Dec 2014Srei Equipment Finance Limited₹2.30 CrSatisfied
22 Aug 2013Canara Bank₹36.89 CrSatisfied
22 Sep 2010Andhra Bank₹24.57 CrSatisfied
28 May 2008Punjab National Bank₹8.78 CrSatisfied
30 Jul 2006Kotak Mahindra Bank Limited₹3.31 MSatisfied

How Many Employees Work at Pioneer Torsteel Mills?

Unlock and access historical data on people associated with Pioneer Torsteel Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Pioneer Torsteel Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pioneer Torsteel 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 Torsteel Mills'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 Torsteel Mills

Recent activity within the organization

  • Director Appointment

    Krishnamacharyulu Chilakamarri was appointed as a Director was appointed as a Director on 27 Dec 2023 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge registered on 22 Aug 2013 via Charge ID 10449093 with Canara Bank was fully satisfied on 04 Jan 2023.

  • Director Appointment

    Bhargav Upputolla was appointed as a Additional Director was appointed as a Additional Director on 14 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Annual General Meeting

    Pioneer Torsteel Mills Private Limited last Annual general meeting of members was held on 02 Nov 2022 as per latest MCA records.

  • Balance Sheet

    Pioneer Torsteel Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

  • Charges

    A charge registered on 01 Dec 2014 via Charge ID 10541832 with Srei Equipment Finance Limited was fully satisfied on 06 Aug 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Pioneer Torsteel Mills Private Limited?

    Pioneer Torsteel Mills Private Limited was incorporated on 05 Nov 1999.

  • What is authorized share capital and paid-up capital of Pioneer Torsteel Mills Private Limited?

    The authorized share capital of Pioneer Torsteel Mills Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 29.12 Cr.

  • Who are the current board members & directors of Pioneer Torsteel Mills Private Limited?

    Currently 2 directors are associated with Pioneer Torsteel Mills Private Limited.

    • Krishnamacharyulu Chilakamarri
    • Bhargav Upputolla

  • What is the registered address of Pioneer Torsteel Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Torsteel Mills Private Limited is 8-2-685/P1 8-2-685/P 8-2-685/P6/1 8-2-685/P6 3Rd Floor Rd No.12, Banjara Hills India, Hyderabad, Telangana, 500034.

  • What is the corporate identification number (CIN) and company number of Pioneer Torsteel Mills Private Limited?

    The corporate identification number (CIN) of Pioneer Torsteel Mills Private Limited is U15312TG1999PTC032803 and the company number is 032803 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pioneer Torsteel Mills Private Limited?

    The Official website of Pioneer Torsteel Mills Private Limited is https://www.amodagroup.com

  • What has been the recent revenue trend for Pioneer Torsteel Mills Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Pioneer Torsteel Mills Private Limited has fallen by -59.66%.

  • What change has been observed in the net worth of Pioneer Torsteel Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Pioneer Torsteel Mills Private Limited has experienced an downturn of -22.17%.

  • When was the last Balance Sheet of Pioneer Torsteel Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Pioneer Torsteel Mills Private Limited was filed with the ROC on 31 Mar 2022.

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