Pioneer Motor Spares Private Limited

Trading of automobile spare parts and other related products.

1937 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Pioneer Motor Spares Profile

Key Indicators

  • Authorised Capital ₹ 0.35 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 87 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.40 M
  • Satisfied Charges ₹ 3.60 M
  • Revenue Growth -9.61%
  • Profit Growth -6.06%
  • Ebitda -85.28%
  • Net Worth 7.80%
  • Total Assets 10.16%

About Pioneer Motor Spares

Pioneer Motor Spares Private Limited (PMSPL) was founded in India on 28 August 1937 and has a glorious history of 87 years and five months.Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as The Pioneer (Madras) Private Limited. The Company is engaged in the Automotive 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 0.35 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹4.40 M. The company has closed loans amounting to ₹3.60 M, as per Ministry of Corporate Affairs (MCA) records.

Prakash Grover, Geeta Grover, and Varsha Grover serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN1937PTC001981

  • Company No.

    001981

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 1937

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Pioneer Motor Spares?

Board Members (3)

NameDesignationAppointment DateStatus
Prakash Grover Country flag representing In Director 22-Jun-2007Current
Geeta Grover Country flag representing In Director 30-Jul-1988Current
Varsha Grover Country flag representing In Director 01-Apr-2019Current

Financial Performance of Pioneer Motor Spares.

Pioneer Motor Spares Private Limited, for the financial year ended 2018, experienced Minor drop in revenue, with a 9.61% decrease. The company also saw a slight decrease in profitability, with a 6.06% decrease in profit. The company's net worth moved up by a moderate rise of 7.8%.

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
-9.61%
Revenue from Operations
-10.21%
Total Assets
10.16%
Profit or Loss
-6.06%
Net Worth
7.80%
EBITDA
-85.28%

What is the Ownership and Shareholding Structure of Pioneer Motor Spares?

In 2018, Pioneer Motor Spares had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.40 M

Satisfied Charges

₹3.60 M

Charges Breakdown by Lending Institutions

  • Others : 0.44 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jan 2024Others₹4.40 MOpen
27 Mar 1995Others₹3.60 MSatisfied

How Many Employees Work at Pioneer Motor Spares?

Pioneer Motor Spares has a workforce of 2 employees as of Apr 06, 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 Motor Spares, 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 Motor Spares'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 Motor Spares

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 4.40 M with Charge ID 100861345 was registered on 23 Jan 2024.

    23 Jan 2024

  • Annual General Meeting

    Pioneer Motor Spares Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pioneer Motor Spares Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 27 Mar 1995 via Charge ID 80019569 with Others was fully satisfied on 28 Nov 2022.

    28 Nov 2022

  • Director Appointment

    Varsha Grover was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Charges

    A charge with Others of Rs. 3.60 M registered on 27 Mar 1995 with Charge ID 80019569 was modified on 05 Jan 2018.

    05 Jan 2018

Frequently asked questions

  • Pioneer Motor Spares Private Limited was incorporated on 28 Aug 1937.

  • The authorized share capital of Pioneer Motor Spares Private Limited is ₹ 0.35 M and paid-up capital is ₹ 0.30 M.

  • Currently 3 directors are associated with Pioneer Motor Spares Private Limited.

    • Prakash Grover
    • Geeta Grover
    • Varsha Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Motor Spares Private Limited is Old No.54A New No.97 G.P.Road, 1St Flkoor Chennai-600 002. India, Tamilnadu, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Pioneer Motor Spares Private Limited is U74999TN1937PTC001981 and the company number is 001981 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Pioneer Motor Spares Private Limited has fallen by -9.61%.

  • As Per 2018 financial reports, 2 employees are currently employed by Pioneer Motor Spares Private Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Pioneer Motor Spares Private Limited has experienced an upsurge of 7.80%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Pioneer Motor Spares Private Limited amount to ₹ 4.40 M.

  • The most recent Balance Sheet for Pioneer Motor Spares Private Limited was filed with the ROC on 31 Mar 2023.

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