Pioneer Power Service Private Limited

Provides power rental services through diesel generators and other equipment to various industries.

1999 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Pioneer Power Service Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.13 Cr
  • Satisfied Charges ₹ 7.30 M
  • Revenue Growth 22.61%
  • Profit Growth -18.02%
  • Ebitda 232.88%
  • Net Worth 4.06%
  • Total Assets 12.95%

About Pioneer Power Service

Pioneer Power Service Private Limited (PPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 1999 and has a history of 26 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

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 0.50 M and a paid-up capital of Rs 0.11 M.

The company currently has active open charges totaling ₹7.13 Cr. The company has closed loans amounting to ₹7.30 M, as per Ministry of Corporate Affairs (MCA) records.

Sundarakrishnan Vaghul, Nageswari Utthamalingam, and Sundarakrishnan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pioneerindia.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40109TN1999PTC041742

  • Company No.

    041742

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Pioneer Power Service?

Board Members (3)

NameDesignationAppointment DateStatus
Sundarakrishnan Vaghul Country flag representing In Director 06-Sep-2021Current
Nageswari Utthamalingam Country flag representing In Director 01-Mar-2001Current
Sundarakrishnan Country flag representing In Director 18-Jan-1999Current

Financial Performance of Pioneer Power Service.

Pioneer Power Service Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.61% increase. The company also saw a substantial fall in profitability, with a 18.02% decrease in profit. The company's net worth moved up by a moderate rise of 4.06%.

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
22.61%
Revenue from Operations
41.22%
Total Assets
12.95%
Profit or Loss
-18.02%
Net Worth
4.06%
EBITDA
232.88%

What is the Ownership and Shareholding Structure of Pioneer Power Service?

Unlock access to Pioneer Power Service's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.33 M

Satisfied Charges

₹7.30 M

Charges Breakdown by Lending Institutions

  • Others : 4.21 Cr
  • Indian Overseas Bank : 2.93 Cr

Latest Charge Details

DateLenderAmountStatus
16 May 2024Others₹1.28 MOpen
22 Feb 2024Others₹1.28 MOpen
13 Oct 2023Others₹4.25 MOpen
04 Sep 2023Others₹5.19 MOpen
11 Oct 2022Others₹5.19 MOpen

How Many Employees Work at Pioneer Power Service?

Pioneer Power Service has a workforce of 58 employees as of Mar 31, 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 Power Service, 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 Service'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 Power Service

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.28 M with Charge ID 100920805 was registered on 16 May 2024.

    16 May 2024

  • Charges

    A charge with Others amounted to Rs. 1.28 M with Charge ID 100919589 was registered on 22 Feb 2024.

    22 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 4.25 M with Charge ID 100810318 was registered on 13 Oct 2023.

    13 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 5.19 M with Charge ID 100787996 was registered on 04 Sep 2023.

    04 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Pioneer Power Service Private Limited was incorporated on 18 Jan 1999.

  • The authorized share capital of Pioneer Power Service Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.11 M.

  • Currently 3 directors are associated with Pioneer Power Service Private Limited.

    • Sundarakrishnan Vaghul
    • Nageswari Utthamalingam
    • Sundarakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Power Service Private Limited is No.15 Fifth Main Road Kasturbai Nagar, Adyar India, Chennai, Tamil Nadu, 600020.

  • The corporate identification number (CIN) of Pioneer Power Service Private Limited is U40109TN1999PTC041742 and the company number is 041742 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pioneer Power Service Private Limited is https://www.pioneerindia.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pioneer Power Service Private Limited has risen by 22.61%.

  • As Per 2023 financial reports, 58 employees are currently employed by Pioneer Power Service Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pioneer Power Service Private Limited has experienced an upsurge of 4.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pioneer Power Service Private Limited amount to ₹ 7.13 Cr.

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