Pioneer Finance Company Private Limited

Provides financing and loan services for two and three wheelers, as well as personal non-mortgage loans.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Pioneer Finance Company Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.08 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 41.92 Cr
  • Revenue Growth -35.26%
  • Profit Growth 34.65%
  • Ebitda -73.25%
  • Net Worth 4.89%
  • Total Assets -46.61%

About Pioneer Finance Company

Pioneer Finance Company Private Limited (PFCPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 May 2010 and has a history of 14 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

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 7.00 Cr and a paid-up capital of Rs 6.08 Cr.

The company has closed loans amounting to ₹41.92 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nalin Shah and Rabindu Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pifco.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65900MH2010PTC203428

  • Company No.

    203428

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rabindu Shah Country flag representing In Managing Director21-May-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Nalin Shah Country flag representing In Director 21-May-2010Current

Financial Performance of Pioneer Finance Company.

Pioneer Finance Company Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.26% decrease. The company also saw a substantial improvement in profitability, with a 34.65% increase in profit. The company's net worth moved up by a moderate rise of 4.89%.

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
-35.26%
Revenue from Operations
-56.38%
Total Assets
-46.61%
Profit or Loss
34.65%
Net Worth
4.89%
EBITDA
-73.25%

What is the Ownership and Shareholding Structure of Pioneer Finance Company?

In 2023, Pioneer Finance Company had a promoter holding of 91.95% and a public holding of 8.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹41.92 Cr

Charges Breakdown by Lending Institutions

  • Others : 37.92 Cr
  • Indian Overseas Bank : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Mar 2019Others₹4.00 CrSatisfied
09 Mar 2018Others₹9.00 CrSatisfied
15 Feb 2018Others₹3.00 CrSatisfied
02 Feb 2018Others₹2.00 CrSatisfied
24 Mar 2017Others₹6.00 CrSatisfied

How Many Employees Work at Pioneer Finance Company?

Pioneer Finance Company has a workforce of 8 employees as of Apr 02, 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 Finance Company, 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 Finance Company'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 Finance Company

Recent activity within the organization

  • Annual General Meeting

    Pioneer Finance Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 30 Mar 2016 via Charge ID 100019262 with Others was fully satisfied on 13 May 2024.

    13 May 2024

  • Charges

    A charge registered on 09 Mar 2018 via Charge ID 100183595 with Others was fully satisfied on 22 Apr 2024.

    22 Apr 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 13 Mar 2019 via Charge ID 100260933 with Others was fully satisfied on 17 Apr 2021.

    17 Apr 2021

  • Charges

    A charge registered on 15 Feb 2018 via Charge ID 100160479 with Others was fully satisfied on 13 Apr 2021.

    13 Apr 2021

Frequently asked questions

  • Pioneer Finance Company Private Limited was incorporated on 21 May 2010.

  • The authorized share capital of Pioneer Finance Company Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.08 Cr.

  • Currently 2 directors are associated with Pioneer Finance Company Private Limited.

    • Nalin Chunilal Shah
    • Rabindu Nalin Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Finance Company Private Limited is A-201 2Nd Floor Bhoomi Sarraswathi Ganjawala Lane, Borivali West India, Mumbai, Maharashtra, 400092.

  • The corporate identification number (CIN) of Pioneer Finance Company Private Limited is U65900MH2010PTC203428 and the company number is 203428 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pioneer Finance Company Private Limited is https://www.pifco.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pioneer Finance Company Private Limited has fallen by -35.26%.

  • As Per 2023 financial reports, 8 employees are currently employed by Pioneer Finance Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pioneer Finance Company Private Limited has experienced an upsurge of 4.89%.

  • The most recent Balance Sheet for Pioneer Finance Company Private Limited was filed with the ROC on 31 Mar 2024.