Pioneer Insurance & Reinsurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.00 Cr
- Company Age 22 Year, 3 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 three 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
Financial Services
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
- Ratios
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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)
Open Charges
₹32.67 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Pioneer Insurance & Reinsurance Brokers
Recent activity within the organization
- Charges
A charge with Others of Rs. 30.00 Cr registered on 21 Dec 2019 with Charge ID 100315218 was modified on 15 Jul 2024.
- Charges
A charge with Others amounted to Rs. 1.31 Cr with Charge ID 100893001 was registered on 22 Mar 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100798810 was registered on 12 Oct 2023.
- Annual General Meeting
Pioneer Insurance & Reinsurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.46 Cr with Charge ID 100735811 was registered on 31 May 2023.
- Balance Sheet
Pioneer Insurance & Reinsurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Frequently asked questions
What is the Incorporation or founding date of Pioneer Insurance & Reinsurance Brokers Private Limited?
Pioneer Insurance & Reinsurance Brokers Private Limited was incorporated on 18 Nov 2002.
What is authorized share capital and paid-up capital of Pioneer Insurance & Reinsurance Brokers Private Limited?
The authorized share capital of Pioneer Insurance & Reinsurance Brokers Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.00 Cr.
Who are the current board members & directors of Pioneer Insurance & Reinsurance Brokers Private Limited?
Currently 2 directors are associated with Pioneer Insurance & Reinsurance Brokers Private Limited.
- Gaurang Manhar Gandhi
- Rakesh Madanlal Bhatia
What is the registered address of Pioneer Insurance & Reinsurance Brokers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Insurance & Reinsurance Brokers Private Limited is 1219 Maker Chambers Vnariman Point India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Pioneer Insurance & Reinsurance Brokers Private Limited?
The corporate identification number (CIN) of Pioneer Insurance & Reinsurance Brokers Private Limited is U67200MH2002PTC137896 and the company number is 137896 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pioneer Insurance & Reinsurance Brokers Private Limited?
The Official website of Pioneer Insurance & Reinsurance Brokers Private Limited is https://www.pincinsurance.com
What has been the recent revenue trend for Pioneer Insurance & Reinsurance Brokers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pioneer Insurance & Reinsurance Brokers Private Limited has risen by 13.83%.
What change has been observed in the net worth of Pioneer Insurance & Reinsurance Brokers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pioneer Insurance & Reinsurance Brokers Private Limited has experienced an upsurge of 12.05%.
What are the total open charges for Pioneer Insurance & Reinsurance Brokers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pioneer Insurance & Reinsurance Brokers Private Limited amount to ₹ 32.67 Cr.
When was the last Balance Sheet of Pioneer Insurance & Reinsurance Brokers Private Limited filed with the ROC?
The most recent Balance Sheet for Pioneer Insurance & Reinsurance Brokers Private Limited was filed with the ROC on 31 Mar 2023.
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