Pioneer Power Corporation Profile
Key Indicators
- Authorised Capital ₹ 85.50 Cr
- Paid Up Capital ₹ 30.92 Cr
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 715.00 Cr
- Satisfied Charges ₹ 1,881.50 Cr
- Revenue Growth 14.71%
- Profit Growth 74.84%
- Ebitda 18.33%
- Net Worth 4.21%
- Total Assets 2.97%
About Pioneer Power Corporation
Pioneer Power Corporation Limited (PPCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 July 2002 and has a history of 22 years and nine months. Its registered office is in Hyderabad, Telangana, India.
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 Vijaykumar Chennamsetty as CFO and Pallavi Maheshwari as Company Secretary. Venkat Puttamreddy, Venkata Puttamreddy, Raghavareddy Kurapati, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Environment
Pioneer Power Corporation Limited
Explore comprehensive data for Pioneer Power Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pioneer Power Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Puttamreddy  | Managing Director | 08-Aug-2009 | Current |
| Vijaykumar Chennamsetty | CFO | 01-Jun-2017 | Current |
| Pallavi Maheshwari | Company Secretary | 03-Dec-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkat Puttamreddy | Director | 11-Jul-2002 | Current |
| Raghavareddy Kurapati | Director | 30-Nov-2020 | Current |
| Bathena Reddy | Director | 22-Dec-2022 | Current |
Financial Performance 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)
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Venkat Puttamreddy and Raghavareddy Kurapati are mutual person
- Pioneer Holiday Resorts Limited
Venkat Puttamreddy and Raghavareddy Kurapati are mutual person
- Orbit Flight Training Centre Private Limited
Venkata Puttamreddy is a mutual person
- Om Hydropower Limited
Raghavareddy Kurapati and Bathena Reddy are mutual person
Charges (Loans)
Open Charges
₹715.00 Cr
Satisfied Charges
₹1,881.50 Cr
Charges Breakdown by Lending Institutions
- Others : 715.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2023 | Others | ₹50.00 Cr | Open |
| 09 Sep 2023 | Others | ₹50.00 Cr | Open |
| 30 Jun 2023 | Others | ₹45.00 Cr | Open |
| 08 Jun 2022 | Others | ₹170.00 Cr | Open |
| 08 Jun 2022 | Others | ₹400.00 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.
Latest Updates, News, and FAQs on Pioneer Power Corporation
Recent activity within the organization
- Director Appointment
Pallavi Maheshwari was appointed as a Company Secretary was appointed as a Company Secretary on 03 Dec 2024 & has been associated with this company since 5 months 1 day .
- Charges
A charge with Others of Rs. 45.00 Cr registered on 30 Jun 2023 with Charge ID 100750224 was modified on 29 Dec 2023.
- Annual General Meeting
Pioneer Power Corporation Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100779403 was registered on 15 Sep 2023.
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100785812 was registered on 09 Sep 2023.
- Charges
A charge with Others of Rs. 400.00 Cr registered on 08 Jun 2022 with Charge ID 100587903 was modified on 04 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Pioneer Power Corporation Limited?
Pioneer Power Corporation Limited was incorporated on 11 Jul 2002.
What is authorized share capital and paid-up capital of Pioneer Power Corporation Limited?
The authorized share capital of Pioneer Power Corporation Limited is ₹ 85.50 Cr and paid-up capital is ₹ 30.92 Cr.
Who are the current board members & directors of Pioneer Power Corporation Limited?
Currently 6 directors are associated with Pioneer Power Corporation Limited.
- Venkat Lakshmireddy Puttamreddy
- Venkata Divya Priyanka Puttamreddy
- Raghavareddy Kurapati
- Bathena Lakshmi Shruthi Reddy
- Vijaykumar Chennamsetty
- Pallavi Maheshwari
What is the registered address of Pioneer Power Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Power Corporation Limited is H.No.8-2-268/A/1/S S1 Plot No.705 Road No.3 Banjara Hills, India, Hyderabad, Telangana, 500034.
What is the corporate identification number (CIN) and company number of Pioneer Power Corporation Limited?
The corporate identification number (CIN) of Pioneer Power Corporation Limited is U40109TG2002PLC039289 and the company number is 039289 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pioneer Power Corporation Limited?
The Official website of Pioneer Power Corporation Limited is https://www.pioneergenco.com
What has been the recent revenue trend for Pioneer Power Corporation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Pioneer Power Corporation Limited has risen by 14.71%.
How many employees does Pioneer Power Corporation Limited currently have?
As Per 2022 financial reports, 20 employees are currently employed by Pioneer Power Corporation Limited.
What change has been observed in the net worth of Pioneer Power Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Pioneer Power Corporation Limited has experienced an upsurge of 4.21%.
What are the total open charges for Pioneer Power Corporation Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Pioneer Power Corporation Limited amount to ₹ 715.00 Cr.
When was the last Balance Sheet of Pioneer Power Corporation Limited filed with the ROC?
The most recent Balance Sheet for Pioneer Power Corporation Limited was filed with the ROC on 31 Mar 2023.
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