Pioneer Assurance Consultants Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.73 M
- Company Age 22 Year, 24 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 M
- Satisfied Charges ₹ 4.91 M
- Revenue Growth -25.32%
- Profit Growth -36.75%
- Ebitda -3.15%
- Net Worth 8.64%
- Total Assets 16.84%
About Pioneer Assurance Consultants
Pioneer Assurance Consultants Private Limited (PACPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 April 2003 and has a history of 22 years. Its registered office is in Jalandhar, Punjab, India.
The Corporate was formerly known as Pioneer Assurance Consultants Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.73 M.
The company currently has active open charges totaling ₹1.50 M. The company has closed loans amounting to ₹4.91 M, as per Ministry of Corporate Affairs (MCA) records.
Gurpreet Chug, Neha Gupta, and Mahesh Kumar serve as directors at the Company.
Company Details
- Location
Jalandhar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140PB2003PTC025902
- Company No.
025902
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Apr 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Financial Services
What products or services does Pioneer Assurance Consultants Private Limited offer?
Pioneer Assurance Consultants Private Limited offers a wide range of products and services, including Insurance Service, Life Insurance.
Pioneer Assurance Consultants Private Limited
Explore comprehensive data for Pioneer Assurance Consultants Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pioneer Assurance Consultants?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurpreet Chug  | Managing Director | 02-Apr-2003 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neha Gupta | Director | 21-May-2005 | Current |
| Mahesh Kumar | Director | 30-Mar-2017 | Current |
Financial Performance of Pioneer Assurance Consultants.
Pioneer Assurance Consultants Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.32% decrease. The company also saw a substantial fall in profitability, with a 36.75% decrease in profit. The company's net worth moved up by a moderate rise of 8.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pioneer Assurance Consultants?
In 2019, Pioneer Assurance Consultants had a promoter holding of 79.92% and a public holding of 20.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hamco Ispat Private LimitedNeha Gupta is a mutual person
Capital Small Finance Bank LimitedGurpreet Chug is a mutual person
Charges (Loans)
Open Charges
₹1.50 M
Satisfied Charges
₹4.91 M
Charges Breakdown by Lending Institutions
- Others : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jan 2021 | Others | ₹1.50 M | Open |
| 08 May 2012 | Capital Local Area Bank Limited | ₹2.39 M | Satisfied |
| 03 Feb 2010 | Capital Local Area Bank Limited | ₹2.52 M | Satisfied |
How Many Employees Work at Pioneer Assurance Consultants?
Pioneer Assurance Consultants has a workforce of 3 employees as of Mar 30, 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 Assurance Consultants, 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 Assurance Consultants'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 Assurance Consultants
Recent activity within the organization
- Annual General Meeting
Pioneer Assurance Consultants Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Pioneer Assurance Consultants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge registered on 08 May 2012 via Charge ID 10358158 with Capital Local Area Bank Limited was fully satisfied on 15 Feb 2022.
- Charges
A charge registered on 03 Feb 2010 via Charge ID 10207282 with Capital Local Area Bank Limited was fully satisfied on 15 Feb 2022.
- Charges
A charge with Others amounted to Rs. 1.50 M with Charge ID 100404403 was registered on 01 Jan 2021.
- Director Appointment
Mahesh Kumar was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 8 years 26 days .
Frequently asked questions
What is the Incorporation or founding date of Pioneer Assurance Consultants Private Limited?
Pioneer Assurance Consultants Private Limited was incorporated on 02 Apr 2003.
What is authorized share capital and paid-up capital of Pioneer Assurance Consultants Private Limited?
The authorized share capital of Pioneer Assurance Consultants Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.73 M.
Who are the current board members & directors of Pioneer Assurance Consultants Private Limited?
Currently 3 directors are associated with Pioneer Assurance Consultants Private Limited.
- Gurpreet Singh Chug
- Neha Gupta
- Mahesh Kumar
What is the registered address of Pioneer Assurance Consultants Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Assurance Consultants Private Limited is Raj Chambers 5 6Hind Samachar Street Jalandhar City India, Punjab, 144001.
What is the corporate identification number (CIN) and company number of Pioneer Assurance Consultants Private Limited?
The corporate identification number (CIN) of Pioneer Assurance Consultants Private Limited is U74140PB2003PTC025902 and the company number is 025902 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pioneer Assurance Consultants Private Limited?
The Official website of Pioneer Assurance Consultants Private Limited is https://www.pioneerassurance.com
What has been the recent revenue trend for Pioneer Assurance Consultants Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Pioneer Assurance Consultants Private Limited has fallen by -25.32%.
How many employees does Pioneer Assurance Consultants Private Limited currently have?
As Per 2021 financial reports, 3 employees are currently employed by Pioneer Assurance Consultants Private Limited.
What change has been observed in the net worth of Pioneer Assurance Consultants Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Pioneer Assurance Consultants Private Limited has experienced an upsurge of 8.64%.
What are the total open charges for Pioneer Assurance Consultants Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Pioneer Assurance Consultants Private Limited amount to ₹ 1.50 M.
When was the last Balance Sheet of Pioneer Assurance Consultants Private Limited filed with the ROC?
The most recent Balance Sheet for Pioneer Assurance Consultants Private Limited was filed with the ROC on 31 Mar 2024.
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