Pioneer Spinning And Weavings Mills Ltd - Company Profile

It is a manufacturing public limited company based in Andhra Pradesh, Andhra Pradesh, India, established in 1979.
1979 Andhra Pradesh, Andhra Pradesh, India Active
Last Updated:
Access Report
About Pioneer Spinning And Weavings Mills Ltd

Pioneer Spinning And Weavings Mills Ltd, a active public limited company, was established on 09 October 1979 in Andhra Pradesh, Andhra Pradesh, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U18100AP1979PLC002546. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Putthur Textiles Ltd. It upholds a compliant status. Its leadership includes Beena Kosaraju (Managing Director), Basaveswara Rao Kakumani (Director), Tara Keerthi Kakumanu (Director). Past directors included Beena Kosaraju, Venkatesan Bhaskaran, Pitcheswara Rao Achanta. It holds ₹23.85 Cr open charges and ₹41.52 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Nandimangalam Villageputtur, Chittoor, Andhra Pradesh, Andhra Pradesh, 517583.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U18100AP1979PLC002546

  • Registration Number

    002546

  • Incorporation Date

    09 October 1979

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 46 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 23.85 Cr
  • Satisfied Charges ₹ 41.52 Cr
  • Revenue Growth **** -45.13%
  • Profit Growth **** -311.89%
  • Ebitda **** -85.28%
  • Net Worth -72.24%
  • Total Assets -29.91%
Company report

Pioneer Spinning And Weavings Mills Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pioneer Spinning And Weavings Mills Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Pioneer Spinning And Weavings Mills Ltd?
Current Directors
Name Designation Appointment Date Status
Beena Kosaraju Managing Director 06 Sep 2005 Current
Basaveswara Rao Kakumani Director 21 Nov 2022 Current
Tara Keerthi Kakumanu Director 27 Oct 2016 Current
Madhu Hemanathan Additional Director 01 Mar 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 01 Apr 2015 Past
Pramod Abcsdd Director 18 Aug 2022 Past
Pramod Abcsdd Director 27 Mar 2021 Past
Pramod Abcsdd Whole-Time Director 21 Nov 2022 Past
Pramod Abcsdd Director 03 Mar 2008 Past
Pramod Abcsdd Additional Director 28 Sep 2023 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Pioneer Spinning And Weavings Mills.

Pioneer Spinning And Weavings Mills Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.13% decrease. The company also saw a substantial fall in profitability, with a 311.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.24%.

Pioneer Spinning And Weavings Mills revenue growth over time
Pioneer Spinning And Weavings Mills profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -45.13%
*******
*******
*******
*******
Revenue from Operations
*******
 -45.24%
*******
*******
*******
*******
Total Assets
*******
 -29.91%
*******
*******
*******
*******
Profit or Loss
*******
 -311.89%
*******
*******
*******
*******
Net Worth
*******
 -72.24%
*******
*******
*******
*******
EBITDA
*******
 -85.28%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Pioneer Spinning And Weavings Mills?

In 2023, Pioneer Spinning And Weavings Mills had a promoter holding of 38.29% and a public holding of 61.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹238,510,000.00

Satisfied Charges

₹415,240,924.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 12.93 Cr
  • Andhra Bank : 6.92 Cr
  • A. P. Industrial Development Corpn. Ltd. : 2.72 Cr
  • Andhra Pradesh Industrial Development Corpn. Ltd. : 1.27 Cr
Latest Charge Details
Date Lender Amount Status
17 Jun 2022 Hdfc Bank Limited ₹12.93 Cr Open
03 May 1995 Andhra Bank ₹6.90 Cr Open
13 Mar 1992 Andhra Pradesh Industrial Development Corpn. Ltd. ₹3.70 M Open
28 Sep 1989 A. P. Industrial Development Corpn. Ltd. ₹2.72 Cr Open
20 Apr 1985 Andhra Pradesh Industrial Development Corpn. Ltd. ₹3.42 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Pioneer Spinning And Weavings Mills?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pioneer Spinning And Weavings 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 Pioneer Spinning And Weavings 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Pioneer Spinning And Weavings Mills
Recent Activity within the Organization
  • Annual General Meeting

    Pioneer Spinning And Weavings Mills Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Pioneer Spinning And Weavings Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was recorded as a recent event.

  • Director Appointment

    Progress on Madhu Hemanathan was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2025 & has been associated with this company since 1 year 2 days . was documented.

  • Director Appointment

    Basaveswara Rao Kakumani was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 3 years 3 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 12.93 Cr registered on 17 Jun 2022 with Charge ID 100594167 was modified on 15 Sep 2022. was documented.

  • Charges

    The activity A charge registered on 05 Sep 2020 via Charge ID 100364132 with Others was fully satisfied on 21 Jul 2022. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Pioneer Spinning And Weavings Mills Ltd?

The CIN of Pioneer Spinning And Weavings Mills Ltd is U18100AP1979PLC002546.

Where is Pioneer Spinning And Weavings Mills Ltd headquartered?

Pioneer Spinning And Weavings Mills Ltd is headquartered at Nandimangalam Villageputtur, Chittoor, Andhra Pradesh, Andhra Pradesh, 517583.

When was Pioneer Spinning And Weavings Mills Ltd incorporated?

Pioneer Spinning And Weavings Mills Ltd was incorporated on 09 October 1979.

Who are the current directors of Pioneer Spinning And Weavings Mills Ltd?

The current directors of Pioneer Spinning And Weavings Mills Ltd are

What is the primary industry of Pioneer Spinning And Weavings Mills Ltd?

The primary industry of Pioneer Spinning And Weavings Mills Ltd is Manufacturing.

Is Pioneer Spinning And Weavings Mills Ltd a listed company?

Pioneer Spinning And Weavings Mills Ltd is unlisted.

What is the capital structure of Pioneer Spinning And Weavings Mills Ltd?

The authorized capital of Pioneer Spinning And Weavings Mills Ltd is ₹2.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Pioneer Spinning And Weavings Mills Ltd?

The compliance status of Pioneer Spinning And Weavings Mills Ltd is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available