

Pioneer Elastic (India) Profile
Key Indicators
- Authorised Capital ₹ 22.00 Cr
- Paid Up Capital ₹ 21.75 Cr
- Company Age 17 Year, 7 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 seven 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
- 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
Who are the key members and board of directors at Pioneer Elastic (India)?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Chittam Reddy ![]() | Company Secretary | 30-Sep-2019 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Lam Matthew ![]() | Director | 06-Jun-2008 | Current |
Mohamed Omar ![]() | Director | 03-Aug-2007 | Current |
Sze Chu ![]() | Director | 03-Aug-2007 | Current |
Lai Lee ![]() | Director | 07-Nov-2007 | Current |
Joeffreysison Catungal ![]() | Whole-Time Director | 30-Nov-2021 | Current |
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%.


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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.

Related Corporates (Common Directorship)
- Teejay India Private Limited
Mohamed Omar is a mutual person
- Visakha Apparel Private Limited
Mohamed Omar is a mutual person
- Adhistan Private Limited
Mohamed Omar is a mutual person
- Brandix Apparel India Private Limited
Mohamed Omar is a mutual person
- Brandix Intimate India Private Limited
Mohamed Omar is a mutual person
- Adhishtan Investments India Private Limited
Mohamed Omar is a mutual person
Charges (Loans)

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.

Deals i

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

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 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.
- Balance Sheet
Pioneer Elastic (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- 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 3 months .
- 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 9 months .
- 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 4 months .
- 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 7 months .
Frequently asked questions
What is the Incorporation or founding date of Pioneer Elastic (India) Private Limited?
Pioneer Elastic (India) Private Limited was incorporated on 03 Aug 2007.
What is authorized share capital and paid-up capital of Pioneer Elastic (India) Private Limited?
The authorized share capital of Pioneer Elastic (India) Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 21.75 Cr.
Who are the current board members & directors of Pioneer Elastic (India) Private Limited?
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
What is the registered address of Pioneer Elastic (India) Private Limited?
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.
What is the corporate identification number (CIN) and company number of Pioneer Elastic (India) Private Limited?
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).
What is the official website of Pioneer Elastic (India) Private Limited?
The Official website of Pioneer Elastic (India) Private Limited is https://www.pioneerelastic.com
What has been the recent revenue trend for Pioneer Elastic (India) Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Pioneer Elastic (India) Private Limited has risen by 168.04%.
How many employees does Pioneer Elastic (India) Private Limited currently have?
As Per 2022 financial reports, 233 employees are currently employed by Pioneer Elastic (India) Private Limited.
What change has been observed in the net worth of Pioneer Elastic (India) Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Pioneer Elastic (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Pioneer Elastic (India) Private Limited was filed with the ROC on 31 Mar 2023.
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