Pioneer Packaging Industries Profile
Key Indicators
- Authorised Capital ₹ 1.01 Cr
- Paid Up Capital ₹ 1.21 M
- Company Age 50 Year, 21 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.00 Cr
- Satisfied Charges ₹ 81.10 Cr
- Revenue Growth -10.23%
- Profit Growth -44.66%
- Ebitda -33.48%
- Net Worth 16.25%
- Total Assets -26.01%
About Pioneer Packaging Industries
Pioneer Packaging Industries Pvt Ltd (PPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 1975 and has a history of 50 years. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Packaging 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 1.01 Cr and a paid-up capital of Rs 1.21 M.
The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹81.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Alok Agarwala, Ramgopal Agarwala, Dinesh Agarwala, and Two other members serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U21023WB1975PTC029834
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Company No.
029834
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Jan 1975
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Pioneer Packaging Industries?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alok Agarwala
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Whole-Time Director | 19-Aug-1995 | Current |
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Ramgopal Agarwala
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Whole-Time Director | 15-Jun-1995 | Current |
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Dinesh Agarwala
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Whole-Time Director | 19-Aug-1995 | Current |
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Nand Agarwala
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Director | Current | |
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Subhankar Agarwala
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Director | Current |
Financial Performance of Pioneer Packaging Industries.
Pioneer Packaging Industries Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.23% decrease. The company also saw a substantial fall in profitability, with a 44.66% decrease in profit. The company's net worth Soared by an impressive increase of 16.25%.
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What is the Ownership and Shareholding Structure of Pioneer Packaging Industries?
In 2023, Pioneer Packaging Industries had a promoter holding of 70.72% and a public holding of 29.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹45.00 Cr
₹81.10 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 45.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2021 | Citi Bank N.A. | ₹25.00 Cr | Open |
| 27 Dec 2021 | Citi Bank N.A. | ₹20.00 Cr | Open |
| 26 Oct 2018 | The South Indian Bank Limited | ₹3.47 M | Satisfied |
| 17 Sep 2018 | The South Indian Bank Limited | ₹0.90 M | Satisfied |
| 23 Aug 2018 | Tata Capital Financial Services Limited | ₹9.07 Cr | Satisfied |
How Many Employees Work at Pioneer Packaging Industries?
Pioneer Packaging Industries has a workforce of 200 employees as of Apr 07, 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 Packaging 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 Packaging 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.