Pongalur Pioneer Textiles Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 34 Year, 10 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 ten 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.
Aravind Selvapathy, Selvapathy Venkataswamynaidu, and Indirani 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
Who are the key members and board of directors at Pongalur Pioneer Textiles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aravind Selvapathy  | Managing Director | 27-Dec-2001 | Current |
| Selvapathy Venkataswamynaidu | Managing Director | 03-Apr-1990 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Indirani Selvapathy | Whole-Time Director | 27-Oct-2003 | Current |
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%.
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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.
Related Corporates (Common Directorship)
Million Spinners Private LimitedAravind Selvapathy and Selvapathy Venkataswamynaidu are mutual person
- Ruckmani Ammal Cotspin Private Limited
Aravind Selvapathy and Selvapathy Venkataswamynaidu are mutual person
- Sri Visaka Textiles Private Limited
Selvapathy Venkataswamynaidu and Indirani Selvapathy are mutual person
Charges (Loans)
₹199.20 Cr
₹19.01 Cr
Charges Breakdown by Lending Institutions
- Others : 160.88 Cr
- Hdfc Bank Limited : 38.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2024 | Hdfc Bank Limited | ₹1.92 M | Open |
| 07 Feb 2024 | Hdfc Bank Limited | ₹38.13 Cr | Open |
| 03 Sep 2021 | Others | ₹1.88 M | Open |
| 03 Jul 2021 | Others | ₹1.79 M | Open |
| 16 Jun 2021 | Others | ₹10.00 Cr | Open |
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.
Deals i
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
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.
