Pioneer Power Corporation Profile
Key Indicators
- Authorised Capital ₹ 85.50 Cr
as on 15-06-2024
- Paid Up Capital ₹ 30.92 Cr
as on 15-06-2024
- Company Age 22 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 715.00 Cr
as on 15-06-2024
- Satisfied Charges ₹ 1,881.50 Cr
as on 15-06-2024
- Revenue 14.71%
(FY 2022)
- Profit 74.84%
(FY 2022)
- Ebitda 18.33%
(FY 2022)
- Net Worth 4.21%
(FY 2022)
- Total Assets 2.97%
(FY 2022)
About Pioneer Power Corporation
The Corporate was formerly known as Penna Hydro Energy Limited. The Company is engaged in the Environment 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 85.50 Cr and a paid-up capital of Rs 30.92 Cr.
The company currently has active open charges totaling ₹715.00 Cr. The company has closed loans amounting to ₹1,881.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pioneer Power Corporation Limited India are Kamalakar Saipavan as COMPANY SECRETARY and Vijaykumar Chennamsetty as Cfo. Raghavareddy Kurapati, Bathena Reddy, Venkat Puttamreddy, and One other member serve as directors at the Company.
- CIN/LLPIN
U40109TG2002PLC039289
- Company No.
039289
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2002
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Pioneer Power Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kamalakar Saipavan | Company Secretary | 07-Sep-2018 | Current |
| Vijaykumar Chennamsetty | CFO | 01-Jun-2017 | Current |
Venkata Puttamreddy  | Managing Director | 08-Aug-2009 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raghavareddy Kurapati | Director | 30-Nov-2020 | Current |
| Bathena Reddy | Director | 01-Oct-2017 | Current |
| Venkat Puttamreddy | Director | 11-Jul-2002 | Current |
Financial Performance and Corporate Structure Insights of Pioneer Power Corporation.
Pioneer Power Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.71% increase. The company also saw a substantial improvement in profitability, with a 74.84% increase in profit. The company's net worth moved up by a moderate rise of 4.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pioneer Power Corporation?
In 2022, Pioneer Power Corporation had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lakshmi Sea Foods LimitedActive 31 years 1 monthRaghavareddy Kurapati and Venkat Puttamreddy are mutual person
- Pioneer Holiday Resorts LimitedActive 35 years 6 months
Raghavareddy Kurapati and Venkat Puttamreddy are mutual person
- Marwar Cement LimitedActive 16 years 6 months
Raghavareddy Kurapati and Bathena Reddy are mutual person
- Om Hydropower LimitedActive 30 years 10 months
Raghavareddy Kurapati and Bathena Reddy are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Sep 2023 | ₹50.00 Cr | Open |
Others Creation Date: 09 Sep 2023 | ₹50.00 Cr | Open |
Others Creation Date: 30 Jun 2023 | ₹45.00 Cr | Open |
How Many Employees Work at Pioneer Power Corporation?
Pioneer Power Corporation has a workforce of 20 employees as of Apr 03, 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 Power Corporation, 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 Power Corporation'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.
