Pioneer Insurance & Reinsurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.00 Cr
- Company Age 22 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 32.67 Cr
- Satisfied Charges ₹ 10.27 Cr
- Revenue Growth 13.83%
- Profit Growth -61.17%
- Ebitda -49.94%
- Net Worth 12.05%
- Total Assets -17.31%
About Pioneer Insurance & Reinsurance Brokers
Pioneer Insurance & Reinsurance Brokers Private Limited (PIRBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 2002 and has a history of 22 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Pioneer Insurance Services Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.00 Cr.
The company currently has active open charges totaling ₹32.67 Cr. The company has closed loans amounting to ₹10.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gaurang Gandhi and Rakesh Bhatia 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
U67200MH2002PTC137896
- Company No.
137896
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Nov 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Pioneer Insurance & Reinsurance Brokers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Bhatia  | Director | 05-Jun-2007 | Current |
| Gaurang Gandhi | Director | 18-Nov-2002 | Current |
Financial Performance of Pioneer Insurance & Reinsurance Brokers.
Pioneer Insurance & Reinsurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.83% increase. The company also saw a substantial fall in profitability, with a 61.17% decrease in profit. The company's net worth Soared by an impressive increase of 12.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Pioneer Insurance & Reinsurance Brokers?
In 2023, Pioneer Insurance & Reinsurance Brokers had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Myytake Private LimitedGaurang Gandhi is a mutual person
Asi Industries LimitedGaurang Gandhi is a mutual person
Myy Sports Private LimitedGaurang Gandhi is a mutual person
Pioneer Investcorp LimitedGaurang Gandhi is a mutual person
- Pinc Finserve Private Limited
Gaurang Gandhi is a mutual person
- Pioneer Fundinvest Private Limited
Gaurang Gandhi is a mutual person
Charges (Loans)
₹32.67 Cr
₹10.27 Cr
Charges Breakdown by Lending Institutions
- Others : 31.31 Cr
- Hdfc Bank Limited : 1.08 Cr
- Yes Bank Limited : 0.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2024 | Others | ₹1.31 Cr | Open |
| 12 Oct 2023 | Hdfc Bank Limited | ₹1.00 M | Open |
| 31 May 2023 | Hdfc Bank Limited | ₹4.65 M | Open |
| 23 Sep 2022 | Hdfc Bank Limited | ₹5.19 M | Open |
| 21 Dec 2019 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Pioneer Insurance & Reinsurance Brokers?
Unlock and access historical data on people associated with Pioneer Insurance & Reinsurance Brokers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pioneer Insurance & Reinsurance Brokers, 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 Insurance & Reinsurance Brokers'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.
