Pioneer Embroideries Limited

Manufacturer of garment accessories, including laces, elastics, and embroidered fabrics. Exports globally and operates an online shop.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Pioneer Embroideries Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 30.82 Cr
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 98.22 Cr
  • Satisfied Charges ₹ 228.56 Cr
  • Revenue Growth 28.99%
  • Profit Growth -43.81%
  • Ebitda -10.04%
  • Net Worth 9.92%
  • Total Assets 6.00%

About Pioneer Embroideries

Pioneer Embroideries Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 October 1991 and has a history of 33 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514300 and on the National Stock Exchange(NSE) under PIONEEREMB.

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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 30.82 Cr.

The company currently has active open charges totaling ₹98.22 Cr. The company has closed loans amounting to ₹228.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pioneer Embroideries Limited India are Ami Tanna as COMPANY SECRETARY and Deepak Sipani as Cfo. Varun Kathuria, Rajkumar Sekhani, Harsh Bassi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17291MH1991PLC063752

  • Company No.

    063752

  • Stock Symbol

    BSE : 514300 NSE : PIONEEREMB

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1991

  • Date of AGM

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Pioneer Embroideries Limited offer?

Pioneer Embroideries Limited offers a wide range of products and services, including Sewing Threads, Laces & Accessories, Lace, Yarns & Threads, Synthetic Yarn, Yarn, Embroidered Laces, Cotton Lace, Garment Laces, Bobbin Lace, Woven Laces.

Who are the key members and board of directors at Pioneer Embroideries?

Executive Team (3)

NameDesignationAppointment DateStatus
Harsh Bassi Country flag representing In Managing Director29-Oct-2010Current
Ami Tanna Country flag representing In Company Secretary02-Jun-2016Current
Deepak Sipani Country flag representing In CFO14-Nov-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Varun Kathuria Country flag representing In Director 28-Aug-2023Current
Rajkumar Sekhani Country flag representing In Whole-Time Director 25-Nov-1991Current
Saurabh Maheshwari Country flag representing In Director 18-May-2021Current
Mahesh Gupta Country flag representing In Director 28-Aug-2023Current
Sushama Bhatt Country flag representing In Director 18-May-2021Current

Financial Performance of Pioneer Embroideries.

Pioneer Embroideries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.99% increase. The company also saw a substantial fall in profitability, with a 43.81% decrease in profit. The company's net worth moved up by a moderate rise of 9.92%.

Pioneer Embroideries revenue growth over time
Pioneer Embroideries 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
28.99%
Revenue from Operations
29.30%
Total Assets
6.00%
Profit or Loss
-43.81%
Net Worth
9.92%
EBITDA
-10.04%

What is the Ownership and Shareholding Structure of Pioneer Embroideries?

In 2022, Pioneer Embroideries had a promoter holding of 32.86% and a public holding of 67.12%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹98.22 Cr

Satisfied Charges

₹228.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 88.22 Cr
  • Tata Capital Financial Services Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2024Others₹0.97 MOpen
30 Mar 2024Others₹3.42 MOpen
28 Sep 2023Tata Capital Financial Services Limited₹10.00 CrOpen
15 Mar 2023Others₹0.98 MOpen
15 Mar 2023Others₹1.40 MOpen

How Many Employees Work at Pioneer Embroideries?

Pioneer Embroideries has a workforce of 768 employees as of Apr 05, 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.

Employee growth trends for Pioneer Embroideries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pioneer Embroideries, 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 Embroideries'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 Embroideries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 26.69 Cr registered on 18 Jan 2005 with Charge ID 80060524 was modified on 11 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101015523 was registered on 10 Dec 2024.

  • Annual General Meeting

    Pioneer Embroideries Limited last Annual general meeting of members was held on 06 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Pioneer Embroideries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 0.34 Cr with Charge ID 100902171 was registered on 30 Mar 2024.

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 10.00 Cr with Charge ID 100795596 was registered on 28 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Pioneer Embroideries Limited?

    Pioneer Embroideries Limited was incorporated on 25 Oct 1991.

  • What is authorized share capital and paid-up capital of Pioneer Embroideries Limited?

    The authorized share capital of Pioneer Embroideries Limited is ₹ 50.00 Cr and paid-up capital is ₹ 30.82 Cr.

  • Who are the current board members & directors of Pioneer Embroideries Limited?

    Currently 8 directors are associated with Pioneer Embroideries Limited.

    • Varun Kathuria
    • Rajkumar Jivraj Sekhani
    • Harsh Vardhan Bassi
    • Saurabh Satyaprakash Maheshwari
    • Mahesh Kumar Gupta
    • Sushama Sunil Bhatt
    • Ami Tanna
    • Deepak Sipani

  • What is the registered address of Pioneer Embroideries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Embroideries Limited is Unit 101B 1St Flr Abhishek Premises Plot No.C5-6 Dalia Ind. Est. Off. New Link Road, Andhe Ri (W) India, Mumbai, Maharashtra, 400058.

  • What is the corporate identification number (CIN) and company number of Pioneer Embroideries Limited?

    The corporate identification number (CIN) of Pioneer Embroideries Limited is L17291MH1991PLC063752 and the company number is 063752 as per Ministry of Corporate Affairs (MCA).

  • Is Pioneer Embroideries Limited registered with any stock exchange in India?

    Yes, Pioneer Embroideries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PIONEEREMB.

  • What is the official website of Pioneer Embroideries Limited?

    The Official website of Pioneer Embroideries Limited is https://www.pelhakoba.com

  • What has been the recent revenue trend for Pioneer Embroideries Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Pioneer Embroideries Limited has risen by 28.99%.

  • How many employees does Pioneer Embroideries Limited currently have?

    As Per 2022 financial reports, 768 employees are currently employed by Pioneer Embroideries Limited.

  • What change has been observed in the net worth of Pioneer Embroideries Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Pioneer Embroideries Limited has experienced an upsurge of 9.92%.

  • What are the total open charges for Pioneer Embroideries Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Pioneer Embroideries Limited amount to ₹ 98.22 Cr.

  • When was the last Balance Sheet of Pioneer Embroideries Limited filed with the ROC?

    The most recent Balance Sheet for Pioneer Embroideries Limited was filed with the ROC on 31 Mar 2024.

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