Pioneer Sports Works Profile
Key Indicators
- Authorised Capital ₹ 0.40 M
- Paid Up Capital ₹ 0.20 M
- Company Age 68 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.44 Cr
- Revenue Growth -74.57%
- Profit Growth -105.72%
- Ebitda -2.06%
- Net Worth -5.80%
- Total Assets -2.20%
About Pioneer Sports Works
Pioneer Sports Works Pvt Ltd (PSWPL) was founded in India on 28 April 1956 and has a glorious history of 68 years and nine months.Its registered office is in Jalandhar, Punjab, India.
The Corporate was formerly known as The Pioneer Sports Works Private Limited. The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.40 M and a paid-up capital of Rs 0.20 M.
The company has closed loans amounting to ₹1.44 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Jitendra Ahluwalia and Aarti Singh serve as directors at the Company.
Company Details
- Location
Jalandhar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U36939PB1956PTC001905
- Company No.
001905
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Apr 1956
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Pioneer Sports Works Pvt Ltd offer?
Pioneer Sports Works Pvt Ltd offers a wide range of products and services, including Badminton Equipment, Badminton Rackets, Sports Gloves, Leather Boxing Gloves, Yonex Badminton Rackets, Cricket Kits, Plastic Cricket Set, Sports Balls, Soccer Ball, Cricket Bat.
Who are the key members and board of directors at Pioneer Sports Works?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jitendra Ahluwalia  | Managing Director | 02-Mar-1998 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aarti Singh | Director | 09-May-2023 | Current |
Financial Performance of Pioneer Sports Works.
Pioneer Sports Works Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 74.57% decrease. The company also saw a substantial fall in profitability, with a 105.72% decrease in profit. The company's net worth dipped by a decrease of 5.8%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Pioneer Sports Works?
In 2020, Pioneer Sports Works had a promoter holding of 95.00% and a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pioneer International Sports Company Private Limited.Jitendra Ahluwalia and Aarti Singh are mutual person
Charges (Loans)
₹0
₹14.40 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 0.38 Cr
- Punjab Nationalbank : 0.36 Cr
- Chandra Mohan Singh : 0.35 Cr
- Punjab National Bank : 0.25 Cr
- New Bank Of India : 0.06 Cr
- Others : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2004 | Punjab National Bank | ₹2.50 M | Satisfied |
| 06 Apr 1990 | Punjab Nationalbank | ₹3.55 M | Satisfied |
| 21 Sep 1986 | Chandra Mohan Singh | ₹3.50 M | Satisfied |
| 21 Jul 1986 | State Bank Of India | ₹3.50 M | Satisfied |
| 21 Jul 1986 | New Bank Of India | ₹0.10 M | Satisfied |
How Many Employees Work at Pioneer Sports Works?
Pioneer Sports Works has a workforce of 4 employees as of Apr 01, 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 Sports Works, 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 Sports Works'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.
