Pioneer Furnaces Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.73 M
- Company Age 38 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.98 Cr
- Satisfied Charges ₹ 4.24 M
- Revenue Growth -7.38%
- Profit Growth -15.12%
- Ebitda 2.79%
- Net Worth -10.41%
- Total Assets -21.36%
About Pioneer Furnaces
Pioneer Furnaces Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 October 1986 and has a history of 38 years and four months. Its registered office is in Vadodara, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 2.73 M.
The company currently has active open charges totaling ₹9.98 Cr. The company has closed loans amounting to ₹4.24 M, as per Ministry of Corporate Affairs (MCA) records.
Rasiklal Shah, Atul Shah, Neelay Joshi, and One other member serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U32201GJ1986PTC009066
- Company No.
009066
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Oct 1986
- Date of AGM
13 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Pioneer Furnaces Private Limited offer?
Pioneer Furnaces Private Limited offers a wide range of products and services, including Industrial Furnaces & Ovens, Melting Furnaces, Furnace Structure, Industrial Furnaces, Heater, Thermostat & Heating Devices, Industrial Heaters, Heating Furnace, Pollution Control Devices & Machines, Incinerator.
Who are the key members and board of directors at Pioneer Furnaces?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Atul Shah  | Additional Director | 05-Sep-2024 | Current |
| Rasiklal Shah | Additional Director | 05-Sep-2024 | Current |
| Neelay Joshi | Additional Director | 05-Sep-2024 | Current |
| Kamia Swami | Additional Director | 05-Sep-2024 | Current |
Financial Performance of Pioneer Furnaces.
Pioneer Furnaces Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.38% decrease. The company also saw a substantial fall in profitability, with a 15.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Pioneer Furnaces?
In 2023, Pioneer Furnaces had a promoter holding of 48.68% and a public holding of 51.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Senor Metals Private LimitedRasiklal Shah and Atul Shah are mutual person
Ar Rc Infrabuild LlpRasiklal Shah and Atul Shah are mutual person
- Senor Furnaces Private Limited
Rasiklal Shah, Atul Shah and 1 more are mutual person
- Pigott Entertainment Private Limited
Rasiklal Shah and Atul Shah are mutual person
Charges (Loans)
₹99.80 M
₹4.24 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 9.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 1992 | State Bank Of India | ₹4.99 Cr | Open |
| 10 May 1989 | State Bank Of India | ₹4.99 Cr | Open |
| 20 Jan 2006 | Kotak Mahindra Primus Limited | ₹0.59 M | Satisfied |
| 30 Sep 2003 | Hdfc Bank | ₹0.18 M | Satisfied |
| 28 Aug 2001 | Icici Bank Ltd | ₹0.24 M | Satisfied |
How Many Employees Work at Pioneer Furnaces?
Pioneer Furnaces has a workforce of 28 employees as of Mar 21, 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 Furnaces, 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 Furnaces'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.
