Pongalur Pioneer Textiles Private Limited

Produces high-quality combed warp cotton yarn in various fine counts.

1990 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Pongalur Pioneer Textiles Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 199.20 Cr
  • Satisfied Charges ₹ 19.01 Cr
  • Revenue Growth 14.64%
  • Profit Growth -99.44%
  • Ebitda -30.13%
  • Net Worth 7.44%
  • Total Assets 11.45%

About Pongalur Pioneer Textiles

Pongalur Pioneer Textiles Private Limited (PPTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1990 and has a history of 34 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹199.20 Cr. The company has closed loans amounting to ₹19.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Selvapathy Venkataswamynaidu, Indirani Selvapathy, and Aravind Selvapathy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ1990PTC002663

  • Company No.

    002663

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Pongalur Pioneer Textiles?

Executive Team (2)

NameDesignationAppointment DateStatus
Selvapathy Venkataswamynaidu Country flag representing In Managing Director03-Apr-1990Current
Aravind Selvapathy Country flag representing In Managing Director27-Dec-2001Current

Board Members (1)

NameDesignationAppointment DateStatus
Indirani Selvapathy Country flag representing In Whole-Time Director 27-Oct-2003Current

Financial Performance of Pongalur Pioneer Textiles.

Pongalur Pioneer Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.64% increase. The company also saw a substantial fall in profitability, with a 99.44% decrease in profit. The company's net worth moved up by a moderate rise of 7.44%.

Pongalur Pioneer Textiles revenue growth over time
Pongalur Pioneer Textiles 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
14.64%
Revenue from Operations
14.62%
Total Assets
11.45%
Profit or Loss
-99.44%
Net Worth
7.44%
EBITDA
-30.13%

What is the Ownership and Shareholding Structure of Pongalur Pioneer Textiles?

In 2023, Pongalur Pioneer Textiles had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹199.20 Cr

Satisfied Charges

₹19.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 160.88 Cr
  • Hdfc Bank Limited : 38.32 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2024Hdfc Bank Limited₹1.92 MOpen
07 Feb 2024Hdfc Bank Limited₹38.13 CrOpen
03 Sep 2021Others₹1.88 MOpen
03 Jul 2021Others₹1.79 MOpen
16 Jun 2021Others₹10.00 CrOpen

How Many Employees Work at Pongalur Pioneer Textiles?

Pongalur Pioneer Textiles has a workforce of 507 employees as of Dec 06, 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.

Employee growth trends for Pongalur Pioneer Textiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pongalur Pioneer Textiles, 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 Pongalur Pioneer Textiles'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 Pongalur Pioneer Textiles

Recent activity within the organization

  • Annual General Meeting

    Pongalur Pioneer Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100987096 was registered on 26 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 38.13 Cr registered on 07 Feb 2024 with Charge ID 100880877 was modified on 04 Apr 2024.

  • Balance Sheet

    Pongalur Pioneer Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 38.13 Cr with Charge ID 100880877 was registered on 07 Feb 2024.

  • Charges

    A charge registered on 04 Aug 2003 via Charge ID 90001487 with Others was fully satisfied on 12 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Pongalur Pioneer Textiles Private Limited?

    Pongalur Pioneer Textiles Private Limited was incorporated on 03 Apr 1990.

  • What is authorized share capital and paid-up capital of Pongalur Pioneer Textiles Private Limited?

    The authorized share capital of Pongalur Pioneer Textiles Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Pongalur Pioneer Textiles Private Limited?

    Currently 3 directors are associated with Pongalur Pioneer Textiles Private Limited.

    • Selvapathy Venkataswamynaidu
    • Indirani Selvapathy
    • Aravind Selvapathy

  • What is the registered address of Pongalur Pioneer Textiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pongalur Pioneer Textiles Private Limited is 883 Sundaram Apartments Race Course Road India, Coimbatore, Tamil Nadu, 641018.

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

    The corporate identification number (CIN) of Pongalur Pioneer Textiles Private Limited is U17115TZ1990PTC002663 and the company number is 002663 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Pongalur Pioneer Textiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pongalur Pioneer Textiles Private Limited has risen by 14.64%.

  • How many employees does Pongalur Pioneer Textiles Private Limited currently have?

    As Per 2023 financial reports, 507 employees are currently employed by Pongalur Pioneer Textiles Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Pongalur Pioneer Textiles Private Limited has experienced an upsurge of 7.44%.

  • What are the total open charges for Pongalur Pioneer Textiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pongalur Pioneer Textiles Private Limited amount to ₹ 199.20 Cr.

  • When was the last Balance Sheet of Pongalur Pioneer Textiles Private Limited filed with the ROC?

    The most recent Balance Sheet for Pongalur Pioneer Textiles Private Limited was filed with the ROC on 31 Mar 2024.

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