Pongalur Pioneer Textiles Private Limited - Company Profile

It is a manufacturing private limited company based in Coimbatore, Tamil Nadu, India, established in 1990.
1990 Coimbatore, Tamil Nadu, India Active
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About Pongalur Pioneer Textiles Private Limited

Pongalur Pioneer Textiles Private Limited, a active private limited company, was established on 03 April 1990 in Coimbatore, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17115TZ1990PTC002663. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Employing 507 professional, Its leadership includes Selvapathy Venkataswamynaidu (Managing Director), Indirani Selvapathy (Whole-Time Director), Aravind Selvapathy (Managing Director). Past directors included Indirani Selvapathy, Aravind Selvapathy, Cherukoori Ramaswamy Naidu Swaminathan. It holds ₹268.29 Cr open charges and ₹19.01 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 883 Sundaram Apartments Race Course Road, Coimbatore, Tamil Nadu, 641018.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U17115TZ1990PTC002663

  • Registration Number

    002663

  • Incorporation Date

    03 April 1990

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 35 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 268.29 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%
Company report

Pongalur Pioneer Textiles Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pongalur Pioneer Textiles Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Pongalur Pioneer Textiles Private Limited?
Current Directors
Name Designation Appointment Date Status
Selvapathy Venkataswamynaidu Managing Director 03 Apr 1990 Current
Indirani Selvapathy Whole-Time Director 27 Oct 2003 Current
Aravind Selvapathy Managing Director 27 Dec 2001 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jan 2021 Past
Pramod Abcsdd Director 01 Sep 2016 Past
Pramod Abcsdd Director 04 Feb 2014 Past

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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%.

Pongalur Pioneer Textiles revenue growth over time
Pongalur Pioneer Textiles 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
********
 14.64%
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*******
*******
Revenue from Operations
*******
 14.62%
*******
*******
*******
*******
Total Assets
*******
 11.45%
*******
*******
*******
*******
Profit or Loss
*******
 -99.44%
*******
*******
*******
*******
Net Worth
*******
 7.44%
*******
*******
*******
*******
EBITDA
*******
 -30.13%
*******
*******
*******
*******

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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.

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

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Charges (Loans)
Open Charges

₹2,682,894,000.00

Satisfied Charges

₹190,051,984.00

Charges Breakdown by Lending Institutions
  • Others : 166.78 Cr
  • Yes Bank Limited : 63.19 Cr
  • Hdfc Bank Limited : 38.32 Cr
Latest Charge Details
Date Lender Amount Status
25 Apr 2025 Yes Bank Limited ₹63.19 Cr Open
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

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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.

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 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
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.

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Latest Updates, News, and FAQs on Pongalur Pioneer Textiles
Recent Activity within the Organization
  • Charges

    Progress on A charge with Yes Bank Limited of Rs. 63.19 Cr registered on 25 Apr 2025 with Charge ID 101094435 was modified on 24 Sep 2025. was documented.

  • Charges

    Progress on A charge with Others of Rs. 15.90 Cr registered on 16 Jun 2021 with Charge ID 100466519 was modified on 05 May 2025. was documented.

  • Charges

    The activity A charge with Yes Bank Limited amounted to Rs. 63.19 Cr with Charge ID 101094435 was registered on 25 Apr 2025. was completed.

  • Annual General Meeting

    Pongalur Pioneer Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100987096 was registered on 26 Jun 2024. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 38.13 Cr registered on 07 Feb 2024 with Charge ID 100880877 was modified on 04 Apr 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Pongalur Pioneer Textiles Private Limited?

The CIN of Pongalur Pioneer Textiles Private Limited is U17115TZ1990PTC002663.

Where is Pongalur Pioneer Textiles Private Limited headquartered?

Pongalur Pioneer Textiles Private Limited is headquartered at 883 Sundaram Apartments Race Course Road, Coimbatore, Tamil Nadu, 641018.

When was Pongalur Pioneer Textiles Private Limited incorporated?

Pongalur Pioneer Textiles Private Limited was incorporated on 03 April 1990.

Who are the current directors of Pongalur Pioneer Textiles Private Limited?

The current directors of Pongalur Pioneer Textiles Private Limited are

What is the primary industry of Pongalur Pioneer Textiles Private Limited?

The primary industry of Pongalur Pioneer Textiles Private Limited is Manufacturing.

Is Pongalur Pioneer Textiles Private Limited a listed company?

Pongalur Pioneer Textiles Private Limited is unlisted.

What is the capital structure of Pongalur Pioneer Textiles Private Limited?

The authorized capital of Pongalur Pioneer Textiles Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.00 Cr.

What is the compliance status of Pongalur Pioneer Textiles Private Limited?

The compliance status of Pongalur Pioneer Textiles Private Limited is Compliant.

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