Pioneer Elastic (India) Private Limited

Manufactures and supplies elastic fabric to global markets.

2007 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 29, 2024

Pioneer Elastic (India) Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 21.75 Cr
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 168.04%
  • Profit Growth 87.51%
  • Ebitda 117.98%
  • Net Worth -16.92%
  • Total Assets -2.63%

About Pioneer Elastic (India)

Pioneer Elastic (India) Private Limited (PEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 August 2007 and has a history of 17 years and six months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Manufacturing 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 22.00 Cr and a paid-up capital of Rs 21.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pioneer Elastic (India) Private Limited India is Chittam Reddy as COMPANY SECRETARY. Mohamed Omar, Sze Chu, Lai Lee, and Two other members serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pioneerelastic.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900AP2007PTC055016

  • Company No.

    055016

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Pioneer Elastic (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Chittam Reddy Country flag representing In Company Secretary30-Sep-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Lam Matthew Country flag representing Cn Director 06-Jun-2008Current
Mohamed Omar Country flag representing Lk Director 03-Aug-2007Current
Sze Chu Country flag representing Cn Director 03-Aug-2007Current
Lai Lee Country flag representing Cn Director 07-Nov-2007Current
Joeffreysison Catungal Country flag representing Ph Whole-Time Director 30-Nov-2021Current

Financial Performance of Pioneer Elastic (India).

Pioneer Elastic (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 168.04% increase. The company also saw a substantial improvement in profitability, with a 87.51% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.92%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
168.04%
Revenue from Operations
168.24%
Total Assets
-2.63%
Profit or Loss
87.51%
Net Worth
-16.92%
EBITDA
117.98%

What is the Ownership and Shareholding Structure of Pioneer Elastic (India)?

In 2022, Pioneer Elastic (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Pioneer Elastic (India)?

Pioneer Elastic (India) has a workforce of 233 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pioneer Elastic (India), 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 Elastic (India)'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.

Latest Updates, News, and FAQs on Pioneer Elastic (India)

Recent activity within the organization

  • Annual General Meeting

    Pioneer Elastic (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pioneer Elastic (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Joeffreysison Catungal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Nov 2021 & has been associated with this company since 3 years 2 months .

    30 Nov 2021

  • Director Appointment

    Lam Ka Chun Matthew was appointed as a Director was appointed as a Director on 06 Jun 2008 & has been associated with this company since 16 years 8 months .

    06 Jun 2008

  • Director Appointment

    Lai Chuen Lee was appointed as a Director was appointed as a Director on 07 Nov 2007 & has been associated with this company since 17 years 3 months .

    07 Nov 2007

  • Director Appointment

    Mohamed Ashroff Omar was appointed as a Director was appointed as a Director on 03 Aug 2007 & has been associated with this company since 17 years 6 months .

    03 Aug 2007

Frequently asked questions

  • Pioneer Elastic (India) Private Limited was incorporated on 03 Aug 2007.

  • The authorized share capital of Pioneer Elastic (India) Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 21.75 Cr.

  • Currently 6 directors are associated with Pioneer Elastic (India) Private Limited.

    • Mohamed Ashroff Omar
    • Sze Kin Sasha Chu
    • Lai Chuen Lee
    • Lam Ka Chun Matthew
    • Joeffreysison Catungal
    • Chittam Avinash Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Elastic (India) Private Limited is Plot No. 6 Brandix India Apparel City (Sez) Apsez Pudimadaka Road, Atchuthapuram Ma Ndal, Visakhapatnam, Andhra Pradesh, 531011.

  • The corporate identification number (CIN) of Pioneer Elastic (India) Private Limited is U74900AP2007PTC055016 and the company number is 055016 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pioneer Elastic (India) Private Limited is https://www.pioneerelastic.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pioneer Elastic (India) Private Limited has risen by 168.04%.

  • As Per 2022 financial reports, 233 employees are currently employed by Pioneer Elastic (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pioneer Elastic (India) Private Limited has experienced an downturn of -16.92%.

  • The most recent Balance Sheet for Pioneer Elastic (India) Private Limited was filed with the ROC on 31 Mar 2023.

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