Pioneer Industries Profile
Key Indicators
- Authorised Capital ₹ 58.62 Cr
- Paid Up Capital ₹ 45.82 Cr
- Company Age 27 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 449.61 Cr
- Satisfied Charges ₹ 272.85 Cr
- Revenue Growth 8.46%
- Profit Growth -13.26%
- Ebitda -3.89%
- Net Worth 5.26%
- Total Assets 61.14%
About Pioneer Industries
Pioneer Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 1997 and has a history of 27 years and three months. Its registered office is in Gurdaspur, Punjab, India.
The Corporate was formerly known as Pioneer Industries Limited. The Company is engaged in the Food And Beverages 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 58.62 Cr and a paid-up capital of Rs 45.82 Cr.
The company currently has active open charges totaling ₹449.61 Cr. The company has closed loans amounting to ₹272.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pioneer Industries Private Limited India are Kulwinder Sikarwar as CFO and Chahat Mahajan as Company Secretary. Ajay Kumar, Pawan Sharma, Ajay Goel, and Two other members serve as directors at the Company.
Company Details
- Location
Gurdaspur, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24241PB1997PTC020695
- Company No.
020695
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Nov 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Pioneer Industries Private Limited offer?
Pioneer Industries Private Limited offers a wide range of products and services, including Weight Gain Nutrition, Maltodextrin Powder.
Who are the key members and board of directors at Pioneer Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kulwinder Sikarwar | CFO | 20-May-2022 | Current |
Chahat Mahajan  | Company Secretary | 10-Nov-2021 | Current |
| Jagat Aggarwal | Managing Director | 24-Sep-2008 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Kumar | Whole-Time Director | Current | |
| Pawan Sharma | Whole-Time Director | 05-Mar-2012 | Current |
| Ajay Goel | Whole-Time Director | 01-May-2012 | Current |
| Rajinder Mittal | Director | 29-Sep-2005 | Current |
Financial Performance of Pioneer Industries.
Pioneer Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.46% increase. The company also saw a substantial fall in profitability, with a 13.26% decrease in profit. The company's net worth moved up by a moderate rise of 5.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pioneer Industries?
In 2023, Pioneer Industries had a promoter holding of 57.98% and a public holding of 42.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vkm Township Private LimitedRajinder Mittal is a mutual person
Bcl Industries LimitedRajinder Mittal is a mutual person
Pioneer Agro Extracts LimitedJagat Aggarwal is a mutual person
Mohan Timbers Private LimitedAjay Goel is a mutual person
- Transworld Polymers Private Limited
Ajay Goel is a mutual person
- Jagat Roller Flour Mills Llp
Jagat Aggarwal is a mutual person
Charges (Loans)
₹449.61 Cr
₹272.85 Cr
Charges Breakdown by Lending Institutions
- The Jammu And Kashmir Bank Limited : 337.80 Cr
- Hdfc Bank Limited : 62.60 Cr
- Yes Bank Limited : 46.00 Cr
- Axis Bank Limited : 3.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2023 | Yes Bank Limited | ₹46.00 Cr | Open |
| 12 Jul 2023 | The Jammu And Kashmir Bank Limited | ₹65.60 Cr | Open |
| 23 Jan 2023 | Axis Bank Limited | ₹3.22 Cr | Open |
| 20 Jan 2023 | Hdfc Bank Limited | ₹2.10 Cr | Open |
| 29 Apr 2022 | Hdfc Bank Limited | ₹27.00 Cr | Open |
How Many Employees Work at Pioneer Industries?
Pioneer Industries has a workforce of 88 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 Industries, 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 Industries'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.
