Pioneer Embroideries Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 30.82 Cr
- Company Age 33 Year, 4 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 four 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harsh Bassi  | Managing Director | 29-Oct-2010 | Current |
| Ami Tanna | Company Secretary | 02-Jun-2016 | Current |
| Deepak Sipani | CFO | 14-Nov-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varun Kathuria | Director | 28-Aug-2023 | Current |
| Rajkumar Sekhani | Whole-Time Director | 25-Nov-1991 | Current |
| Saurabh Maheshwari | Director | 18-May-2021 | Current |
| Mahesh Gupta | Director | 28-Aug-2023 | Current |
| Sushama Bhatt | Director | 18-May-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Taffles Projects Private LimitedVarun Kathuria is a mutual person
Taffles Exports Private LimitedVarun Kathuria is a mutual person
Kiran Industries Private LimitedSaurabh Maheshwari is a mutual person
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Crystal Lace (India) LimitedRajkumar Sekhani and Harsh Bassi are mutual person
Hakoba Lifestyle LimitedRajkumar Sekhani and Harsh Bassi are mutual person
Libord Irp Advisors Private LimitedMahesh Gupta is a mutual person
Charges (Loans)
₹98.22 Cr
₹228.56 Cr
Charges Breakdown by Lending Institutions
- Others : 88.22 Cr
- Tata Capital Financial Services Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2024 | Others | ₹0.97 M | Open |
| 30 Mar 2024 | Others | ₹3.42 M | Open |
| 28 Sep 2023 | Tata Capital Financial Services Limited | ₹10.00 Cr | Open |
| 15 Mar 2023 | Others | ₹0.98 M | Open |
| 15 Mar 2023 | Others | ₹1.40 M | Open |
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.
Deals i
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
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.
