Pioneer Asia Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.10 M
- Company Age 48 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 76.39 Cr
- Satisfied Charges ₹ 144.85 Cr
- Revenue Growth 31.61%
- Profit Growth 73.61%
- Ebitda 16.67%
- Net Worth 7.53%
- Total Assets 15.98%
About Pioneer Asia Industries
Pioneer Asia Industries Private Limited (PAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 August 1976 and has a history of 48 years and nine months. Its registered office is in Virudhunagar, Tamil Nadu, India.
The Corporate was formerly known as Asia Glues And Chemicals Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.10 M.
The company currently has active open charges totaling ₹76.39 Cr. The company has closed loans amounting to ₹144.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Annamalai Pramodsankar, Annamalai Rameshwari, and Pradeep Maheswaran serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24294TN1976PTC007180
- Company No.
007180
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Aug 1976
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Machinery and Equipment
Financial Services
Pioneer Asia Industries Private Limited
Explore comprehensive data for Pioneer Asia Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pioneer Asia Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Annamalai Pramodsankar  | Director | 25-Dec-2021 | Current |
| Annamalai Rameshwari | Director | 02-Mar-2007 | Current |
| Pradeep Maheswaran | Director | 25-Dec-2021 | Current |
Financial Performance of Pioneer Asia Industries.
Pioneer Asia Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.61% increase. The company also saw a substantial improvement in profitability, with a 73.61% increase in profit. The company's net worth moved up by a moderate rise of 7.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pioneer Asia Industries?
In 2023, Pioneer Asia Industries 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.
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Charges (Loans)
Open Charges
₹76.39 Cr
Satisfied Charges
₹144.85 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 76.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2011 | Axis Bank Limited | ₹76.39 Cr | Open |
| 08 May 2010 | Hdfc Bank Limited | ₹7.20 Cr | Satisfied |
| 15 Feb 2010 | Axis Bank Limited | ₹2.65 Cr | Satisfied |
| 21 Jul 2009 | Hdfc Bank Limited | ₹3.00 Cr | Satisfied |
| 29 Oct 2004 | Axis Bank Limited | ₹30.00 Cr | Satisfied |
How Many Employees Work at Pioneer Asia Industries?
Pioneer Asia Industries has a workforce of 1 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pioneer Asia Industries, 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 Asia Industries's trajectory.
Rating
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
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 Pioneer Asia Industries
Recent activity within the organization
- Annual General Meeting
Pioneer Asia Industries Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Pioneer Asia Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Axis Bank Limited of Rs. 76.39 Cr registered on 01 Aug 2011 with Charge ID 10298856 was modified on 24 Feb 2022.
- Director Appointment
Annamalai Pramodsankar was appointed as a Director was appointed as a Director on 25 Dec 2021 & has been associated with this company since 3 years 4 months .
- Director Appointment
Pradeep Sankar Maheswaran was appointed as a Director was appointed as a Director on 25 Dec 2021 & has been associated with this company since 3 years 4 months .
- Charges
A charge registered on 08 May 2010 via Charge ID 10226167 with Hdfc Bank Limited was fully satisfied on 27 Mar 2017.
Frequently asked questions
What is the Incorporation or founding date of Pioneer Asia Industries Private Limited?
Pioneer Asia Industries Private Limited was incorporated on 02 Aug 1976.
What is authorized share capital and paid-up capital of Pioneer Asia Industries Private Limited?
The authorized share capital of Pioneer Asia Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.10 M.
Who are the current board members & directors of Pioneer Asia Industries Private Limited?
Currently 3 directors are associated with Pioneer Asia Industries Private Limited.
- Annamalai Pramodsankar
- Annamalai Rameshwari
- Pradeep Sankar Maheswaran
What is the registered address of Pioneer Asia Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Asia Industries Private Limited is Boopathy Buildings New No. 118 Old 17A, Tiruthangal Ro Ad India, Sivakasi, Tamil Nadu, 626123.
What is the corporate identification number (CIN) and company number of Pioneer Asia Industries Private Limited?
The corporate identification number (CIN) of Pioneer Asia Industries Private Limited is U24294TN1976PTC007180 and the company number is 007180 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pioneer Asia Industries Private Limited?
The Official website of Pioneer Asia Industries Private Limited is https://www.pioneerasia.com
What has been the recent revenue trend for Pioneer Asia Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pioneer Asia Industries Private Limited has risen by 31.61%.
How many employees does Pioneer Asia Industries Private Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Pioneer Asia Industries Private Limited.
What change has been observed in the net worth of Pioneer Asia Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pioneer Asia Industries Private Limited has experienced an upsurge of 7.53%.
What are the total open charges for Pioneer Asia Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pioneer Asia Industries Private Limited amount to ₹ 76.39 Cr.
When was the last Balance Sheet of Pioneer Asia Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Pioneer Asia Industries Private Limited was filed with the ROC on 31 Mar 2023.
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