The Coimbatore Pioneer Mills Limited

Produces various types of yarn, including cotton, polyester, and blended fibers.

1935 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 25, 2024

The Coimbatore Pioneer Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 2.40 Cr
  • Company Age 89 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.01 Cr
  • Satisfied Charges ₹ 33.48 Cr
  • Revenue Growth 296.63%
  • Profit Growth 1174.06%
  • Ebitda 267.40%
  • Net Worth 90.30%
  • Total Assets 3.38%

About The Coimbatore Pioneer Mills

The Coimbatore Pioneer Mills Limited (TCPML) was founded in India on 21 March 1935 and has a glorious history of 89 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 7.50 Cr and a paid-up capital of Rs 2.40 Cr.

The company currently has active open charges totaling ₹9.01 Cr. The company has closed loans amounting to ₹33.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ellamanaidu Mounaguruswamy, Vivekanand, and Devarajan Shivakumar 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

    U17111TZ1935PLC000026

  • Company No.

    000026

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1935

  • Date of AGM

    27 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 The Coimbatore Pioneer Mills?

Executive Team (1)

Name Designation Appointment Date Status
Devarajan Shivakumar Country flag representing Be Managing Director 16-Oct-2009 Current

Board Members (2)

Name Designation Appointment Date Status
Ellamanaidu Mounaguruswamy Country flag representing In Whole-Time Director 10-Jun-2009 Current
Vivekanand Country flag representing In Director 15-May-2001 Current

Financial Performance of The Coimbatore Pioneer Mills.

The Coimbatore Pioneer Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 296.63% increase. The company also saw a substantial improvement in profitability, with a 1174.06% increase in profit. The company's net worth Soared by an impressive increase of 90.3%.

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
296.63%
Revenue from Operations
19.80%
Total Assets
3.38%
Profit or Loss
1174.06%
Net Worth
90.30%
EBITDA
267.40%

What is the Ownership and Shareholding Structure of The Coimbatore Pioneer Mills?

In 2018, The Coimbatore Pioneer Mills had a promoter holding of 73.84% and a public holding of 26.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.01 Cr

Satisfied Charges

₹33.48 Cr

Charges Breakdown by Lending Institutions

  • Gikay Investments Anstalt Im Muhleholz : 4.28 Cr
  • Gikay Investments Anstalt Im Mohleholz : 4.28 Cr
  • M/S First Leasing Company Of India Ltd. : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
16 Jul 1998 Gikay Investments Anstalt Im Mohleholz ₹4.28 Cr Open
12 Mar 1992 M/S First Leasing Company Of India Ltd. ₹4.50 M Open
16 Jul 1988 Gikay Investments Anstalt Im Muhleholz ₹4.28 Cr Open
15 Sep 1999 M/S Sakthi Finance Ltd. ₹1.54 M Satisfied
17 May 1997 M/S Sundaram Finance Ltd. ₹2.59 M Satisfied

How Many Employees Work at The Coimbatore Pioneer Mills?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Coimbatore Pioneer 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 The Coimbatore Pioneer 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 The Coimbatore Pioneer Mills

Recent activity within the organization

  • Annual General Meeting

    The Coimbatore Pioneer Mills Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    The Coimbatore Pioneer Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 04 Feb 1988 via Charge ID 90006471 with State Bank Of India was fully satisfied on 27 Sep 2016.

    27 Sep 2016

  • Charges

    A charge registered on 02 Jun 1983 via Charge ID 90006363 with State Bank Of India was fully satisfied on 27 Sep 2016.

    27 Sep 2016

  • Charges

    A charge registered on 18 Jun 1981 via Charge ID 90006336 with State Bank Of India was fully satisfied on 27 Sep 2016.

    27 Sep 2016

  • Charges

    A charge registered on 28 Jan 1978 via Charge ID 90006260 with State Bank Of India was fully satisfied on 27 Sep 2016.

    27 Sep 2016

Frequently asked questions

  • The Coimbatore Pioneer Mills Limited was incorporated on 21 Mar 1935.

  • The authorized share capital of The Coimbatore Pioneer Mills Limited is ₹ 7.50 Cr and paid-up capital is ₹ 2.40 Cr.

  • Currently 3 directors are associated with The Coimbatore Pioneer Mills Limited.

    • Ellamanaidu Mounaguruswamy
    • Vivekanand
    • Devarajan Shivakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Coimbatore Pioneer Mills Limited is Unit Ii The Pioneer Mills Limited Jothipuram Post, Perianaickenpalayam India, Coimbatore, Tamil Nadu, 641047.

  • The corporate identification number (CIN) of The Coimbatore Pioneer Mills Limited is U17111TZ1935PLC000026 and the company number is 000026 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for The Coimbatore Pioneer Mills Limited has risen by 296.63%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of The Coimbatore Pioneer Mills Limited has experienced an upsurge of 90.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for The Coimbatore Pioneer Mills Limited amount to ₹ 9.01 Cr.

  • The most recent Balance Sheet for The Coimbatore Pioneer Mills Limited was filed with the ROC on 31 Mar 2024.

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