Pioneer Alloy Castings Ltd
About Pioneer Alloy Castings Ltd
Data last updated:
Pioneer Alloy Castings Ltd is a public limited company based in Chittoor, Andhra Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 30 January 1976.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN L27310AP1976PLC001985. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.18 Cr. It is led by directors including Gita Kakumaanu Subbiah (Managing Director) and Harshavardhan Thaminaar.
Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Plot No.22 & 23 Ida Gazulumandyam Via – Renigunta, Chittoor, Andhra Pradesh, India – 517520.
As per MCA filings, the company has open charges of ₹140.56 Cr and satisfied charges of ₹6.16 Cr on record. Court records list 68 cases involving the company, including 40 filed by the company and 28 filed against it; 17 cases are pending.
Company details
CIN history
Pioneer Alloy Castings has one previous CIN (Corporate Identification Number): U27310AP1976PLC001985. The current CIN is L27310AP1976PLC001985, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27310AP1976PLC001985 | Current |
| U27310AP1976PLC001985 | Previous |
Contact details
Pioneer Alloy Castings Ltd's registered office is in Chittoor, Andhra Pradesh.
- Registered AddressPlot No.22 & 23 Ida Gazulumandyam Via – Renigunta, Chittoor, Andhra Pradesh, India – 517520
- IndustryManufacturing, Die Casting & Metal Forming
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Pioneer Alloy Castings Ltd
FY 2010 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Pioneer Alloy Castings Ltd, buy the company report.
Board of directors of Pioneer Alloy Castings Ltd
Pioneer Alloy Castings has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshavardhan Thaminaar | Director | 13 Jan 2012 | 14 Years 9 Months | As last reported |
| Titu Prasad Kooretti Also directs: Merino Industries Limited, Srinivasa Resorts Ltd | Director | 13 Jan 2012 | 14 Years 9 Months | As last reported |
| Gita Kakumaanu Subbiah | Managing Director | 03 Mar 2008 | 18 Years 8 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2010 | 10258375 | State Bank of India | ₹48.4 Cr | Open | |
| 17 Jul 2007 | 10063551 | Canbank Factors Ltd | ₹5 Cr | Open | |
| 27 Apr 2007 | 10052698 | Canbank Factors Ltd | ₹5 Cr | Open | |
| 09 Apr 1998 | 90129603 | Allahabad Bank | ₹2.6 Cr | Open | |
| 14 Mar 1996 | 90125913 | Andhra Bank | ₹5.05 Cr | Open |
To see the full charge records of Pioneer Alloy Castings Ltd, buy the company report.
Total charge records: 18 View all charges
Legal cases
Pioneer Alloy Castings Ltd has 68 court cases on record: 40 filed by Pioneer Alloy Castings, 28 filed against it. 17 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 56 | 16 | 10 |
| District courts | 11 | 11 | 7 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 68)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Court case (OSA) | Filed against the company by M/S Innovative Foundries Pvt Ltd | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Canbank Factors Limited and 2 others | Pending |
| High Court, TAMIL NADU | Civil suit | Filed against the company by M/S.Snam Alloys Pvt Ltd., | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Snam Alloys Pvt Ltd., | Disposed |
| High Court, ANDHRAPRADESH | Court case (OSA) | Filed against the company by M/S. Irmovative Foundries Pvt. Ltd., | Pending |
To see the full case history of Pioneer Alloy Castings Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pioneer Alloy Castings Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pioneer Alloy Castings has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pioneer Alloy Castings Ltd, buy the company report.
Recent activity
Pioneer Alloy Castings Ltd has 17 board changes on record since 1983: 10 appointments and 7 cessations. The latest: Harshavardhan Thaminaar was appointed as Director on 13 Jan 2012.
33 earlier events are in the company report.
Frequently asked questions
Pioneer Alloy Castings is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Pioneer Alloy Castings is a company under liquidation, formerly operating as a public limited company based in Chittoor, Andhra Pradesh, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 30 January 1976 and is registered under CIN L27310AP1976PLC001985. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pioneer Alloy Castings has 3 current directors:
- Gita Kakumaanu Subbiah - Managing Director
- Harshavardhan Thaminaar - Director
- Titu Prasad Kooretti - Director
The latest financial statements of Pioneer Alloy Castings on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pioneer Alloy Castings is L27310AP1976PLC001985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Alloy Castings is recorded as a listed company by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
Pioneer Alloy Castings has open charges of ₹140.56 Cr and satisfied charges of ₹6.16 Cr as per latest MCA filings.
Pioneer Alloy Castings has 68 court cases on record: 40 filed by the company and 28 filed against it. 17 are pending. Most are in the high courts.
Pioneer Alloy Castings was incorporated on 30 January 1976. It is registered with the Registrar of Companies, Vijayawada.
Harshavardhan Thaminaar was appointed as Director on 13 Jan 2012. Pavithra Thaminaar ceased to be Additional Director on 13 Jan 2012. Ravichandran Rajagopal ceased to be Director on 13 Jan 2012. Pioneer Alloy Castings has 17 board changes on record in total.
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