Pioneer Asia Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.10 M
- Company Age 48 Year, 6 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 six 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
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Location
Virudhunagar, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24294TN1976PTC007180
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Company No.
007180
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Aug 1976
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Pioneer Asia Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Annamalai Pramodsankar
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Director | 25-Dec-2021 | Current |
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Annamalai Rameshwari
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Director | 02-Mar-2007 | Current |
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Pradeep Maheswaran
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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%.
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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)
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Solopioneer Match Private LimitedAnnamalai Pramodsankar and Pradeep Maheswaran are mutual person
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Meenasankar Enterprises Private LimitedPradeep Maheswaran is a mutual person
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Pioneer Xenergy Private LimitedPradeep Maheswaran is a mutual person
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Pioneer Nf Forgings India Private LimitedPradeep Maheswaran is a mutual person
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Pioneer Jellice India Private LimitedPradeep Maheswaran is a mutual person
Charges (Loans)
₹76.39 Cr
₹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.
