Pioneer Asia Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 1.10 M
as on 23-10-2024
- Company Age 48 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 76.39 Cr
as on 23-10-2024
- Satisfied Charges ₹ 144.85 Cr
as on 23-10-2024
- Revenue 31.61%
(FY 2023)
- Profit 73.61%
(FY 2023)
- Ebitda 16.67%
(FY 2023)
- Net Worth 7.53%
(FY 2023)
- Total Assets 15.98%
(FY 2023)
About Pioneer Asia Industries
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.
- 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
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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 and Corporate Structure Insights 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.
Related Corporates (Common Directorship)
Solopioneer Match Private LimitedActive 16 years 6 monthsAnnamalai Pramodsankar and Pradeep Maheswaran are mutual person
Meenasankar Enterprises Private LimitedActive 16 years 5 monthsPradeep Maheswaran is a mutual person
Pioneer Nf Forgings India Private LimitedActive 45 years 5 monthsPradeep Maheswaran is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 01 Aug 2011 | ₹76.39 Cr | Open |
Hdfc Bank Limited Creation Date: 08 May 2010 | ₹7.20 Cr | Satisfied |
Axis Bank Limited Creation Date: 15 Feb 2010 | ₹2.65 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.
