Pranavaditya Spinning Mills Limited

Textile company specializing in cotton spinning and production of various types of yarn.

1990 | Kolhapur, Maharashtra (India) | Merged
Last Updated: January 17, 2025

Pranavaditya Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 19.27 Cr
  • Paid Up Capital ₹ 19.24 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 716.59 Cr
  • Revenue Growth -33.97%
  • Profit Growth 112.23%
  • Ebitda 51.21%
  • Net Worth 3.02%
  • Total Assets 15.19%

About Pranavaditya Spinning Mills

Pranavaditya Spinning Mills Limited (PSML) is Amalgamated company established on 12 Sep 1990 with its office registered at Kolhapur, Maharashtra, India and has been running since 34 Year, 5 Months with a paid up capital of 19.24 Cr. According to MCA records, 6 Directors and 3 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pranavaditya.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17119PN1990PLC058139

  • Company No.

    058139

  • Stock Symbol

    BSE : 531172

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 1990

  • Date of AGM

    10 Aug 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Pranavaditya Spinning Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Neeraj Kalaskar CEO29-Jul-2022Current
Amruta Paranjape Country flag representing In Company Secretary09-Feb-2016Current
Muralidharan Kasturirengan CFO03-Nov-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Sushilkumar Agrawal Country flag representing In Director 25-Jun-2009Current
Anil Jain Country flag representing In Director 31-Jul-2007Current
Viswanathan Lakshmanan Country flag representing In Director 08-May-2019Current
Kala Agarwal Country flag representing In Director 07-Feb-2019Current
Ashok Desai Country flag representing In Director 01-Aug-2018Current
Kamal Mitra Country flag representing In Director 27-Sep-2007Current

Financial Performance of Pranavaditya Spinning Mills.

Pranavaditya Spinning Mills Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 33.97% decrease. The company also saw a substantial improvement in profitability, with a 112.23% increase in profit. The company's net worth moved up by a moderate rise of 3.02%.

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
-33.97%
Revenue from Operations
-100.00%
Total Assets
15.19%
Profit or Loss
112.23%
Net Worth
3.02%
EBITDA
51.21%

What is the Ownership and Shareholding Structure of Pranavaditya Spinning Mills?

In 2022, Pranavaditya Spinning Mills had a promoter holding of 74.53% and a public holding of 25.46%. 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

₹716.59 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 223.13 Cr
  • Bank Of Baroda : 145.95 Cr
  • Bank Of India : 107.38 Cr
  • : 71.07 Cr
  • Export-Import Bank Of India : 38.75 Cr
  • Others : 130.31 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2014Union Bank Of India Limited₹8.00 CrSatisfied
18 Dec 2013Union Bank Of India₹4.00 CrSatisfied
23 Nov 2011State Bank Of India₹29.12 CrSatisfied
23 Nov 2011Idbi Bank Ltd₹19.45 CrSatisfied
23 Nov 2011State Bank Of Hyderabad₹14.53 CrSatisfied

How Many Employees Work at Pranavaditya Spinning Mills?

Pranavaditya Spinning Mills has a workforce of 31 employees as of Mar 31, 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 Pranavaditya Spinning 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 Pranavaditya Spinning 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 Pranavaditya Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Pranavaditya Spinning Mills Limited last Annual general meeting of members was held on 10 Aug 2022 as per latest MCA records.

    10 Aug 2022

  • Director Appointment

    Neeraj Shankarrao Kalaskar was appointed as a Ceo was appointed as a Ceo on 29 Jul 2022 & has been associated with this company since 2 years 6 months .

    29 Jul 2022

  • Balance Sheet

    Pranavaditya Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.

    31 Mar 2022

  • Director Appointment

    Viswanathan Lakshmanan was appointed as a Director was appointed as a Director on 08 May 2019 & has been associated with this company since 5 years 9 months .

    08 May 2019

  • Director Appointment

    Kala Agarwal was appointed as a Director was appointed as a Director on 07 Feb 2019 & has been associated with this company since 6 years 14 days .

    07 Feb 2019

  • Director Appointment

    Muralidharan Kasturirengan was appointed as a Cfo was appointed as a Cfo on 03 Nov 2018 & has been associated with this company since 6 years 3 months .

    03 Nov 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Pranavaditya Spinning Mills Limited was incorporated on 12 Sep 1990.

  • The authorized share capital of Pranavaditya Spinning Mills Limited is ₹ 19.27 Cr and paid-up capital is ₹ 19.24 Cr.

  • Currently 9 directors are associated with Pranavaditya Spinning Mills Limited.

    • Anil Kumar Jain
    • Viswanathan Lakshmanan
    • Sushilkumar Agrawal
    • Neeraj Shankarrao Kalaskar
    • Amruta Jayant Paranjape
    • Kala Agarwal
    • Ashok Naraharrao Desai
    • Kamal Sukhamoy Mitra
    • Muralidharan Kasturirengan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pranavaditya Spinning Mills Limited is Office No. 2 Plot 266 Village Alte Kumbhoj Road, Taluka Hatkanangale India, Kolhapur, Maharashtra, 416109.

  • The corporate identification number (CIN) of Pranavaditya Spinning Mills Limited is L17119PN1990PLC058139 and the company number is 058139 as per Ministry of Corporate Affairs (MCA).

  • Yes, Pranavaditya Spinning Mills Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Pranavaditya Spinning Mills Limited is https://www.pranavaditya.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pranavaditya Spinning Mills Limited has fallen by -33.97%.

  • As Per 2022 financial reports, 31 employees are currently employed by Pranavaditya Spinning Mills Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pranavaditya Spinning Mills Limited has experienced an upsurge of 3.02%.

  • The most recent Balance Sheet for Pranavaditya Spinning Mills Limited was filed with the ROC on 31 Mar 2022.

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