Pioneer Power Service Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.11 M
- Company Age 26 Year, 2 Months
- 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 two months. 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sundarakrishnan Vaghul  | Director | 06-Sep-2021 | Current |
| Nageswari Utthamalingam | Director | 01-Mar-2001 | Current |
| Sundarakrishnan | Director | 18-Jan-1999 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Risebotics Private LimitedSundarakrishnan Vaghul and Sundarakrishnan are mutual person
- Pioneer Tech Pneumatic Private Limited
Nageswari Utthamalingam and Sundarakrishnan are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2024 | Others | ₹1.28 M | Open |
| 22 Feb 2024 | Others | ₹1.28 M | Open |
| 13 Oct 2023 | Others | ₹4.25 M | Open |
| 04 Sep 2023 | Others | ₹5.19 M | Open |
| 11 Oct 2022 | Others | ₹5.19 M | Open |
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.
Deals i
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
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 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.
- Charges
A charge with Others amounted to Rs. 1.28 M with Charge ID 100919589 was registered on 22 Feb 2024.
- Charges
A charge with Others amounted to Rs. 4.25 M with Charge ID 100810318 was registered on 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.
- Charges
A charge with Others amounted to Rs. 5.19 M with Charge ID 100787996 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Pioneer Power Service Private Limited?
Pioneer Power Service Private Limited was incorporated on 18 Jan 1999.
What is authorized share capital and paid-up capital of Pioneer Power Service Private Limited?
The authorized share capital of Pioneer Power Service Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.11 M.
Who are the current board members & directors of Pioneer Power Service Private Limited?
Currently 3 directors are associated with Pioneer Power Service Private Limited.
- Sundarakrishnan Vaghul
- Nageswari Utthamalingam
- Sundarakrishnan
What is the registered address of Pioneer Power Service Private Limited?
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.
What is the corporate identification number (CIN) and company number of Pioneer Power Service Private Limited?
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).
What is the official website of Pioneer Power Service Private Limited?
The Official website of Pioneer Power Service Private Limited is https://www.pioneerindia.co.in
What has been the recent revenue trend for Pioneer Power Service Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pioneer Power Service Private Limited has risen by 22.61%.
How many employees does Pioneer Power Service Private Limited currently have?
As Per 2023 financial reports, 58 employees are currently employed by Pioneer Power Service Private Limited.
What change has been observed in the net worth of Pioneer Power Service Private Limited, and by what percentage?
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%.
What are the total open charges for Pioneer Power Service Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pioneer Power Service Private Limited amount to ₹ 7.13 Cr.
When was the last Balance Sheet of Pioneer Power Service Private Limited filed with the ROC?
The most recent Balance Sheet for Pioneer Power Service Private Limited was filed with the ROC on 31 Mar 2023.