Pioneer Tea & Exports Ltd

Produces CTC black tea using bought green leaves, marketed under various brand names.

1995 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Pioneer Tea & Exports Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.40 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.34 Cr
  • Satisfied Charges ₹ 6.65 Cr
  • Revenue Growth -8.47%
  • Profit Growth 2068.86%
  • Ebitda 23.15%
  • Net Worth 4.18%
  • Total Assets 26.26%

About Pioneer Tea & Exports

Pioneer Tea & Exports Ltd (PTEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 April 1995 and has a history of 29 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Pioneer Tea & Exports Private Limited. The Company is engaged in the Agriculture 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 4.00 Cr and a paid-up capital of Rs 3.40 Cr.

The company currently has active open charges totaling ₹24.34 Cr. The company has closed loans amounting to ₹6.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gobind Kayan, Gopal Kayan, and Shyam Kayan serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01132WB1995PLC071291

  • Company No.

    071291

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 1995

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

Who are the key members and board of directors at Pioneer Tea & Exports?

Board Members (3)

Name Designation Appointment Date Status
Gobind Kayan Country flag representing In Director 23-Mar-2006 Current
Gopal Kayan Country flag representing In Director 23-Mar-2006 Current
Shyam Kayan Country flag representing In Director 10-Apr-2024 Current

Financial Performance of Pioneer Tea & Exports.

Pioneer Tea & Exports Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.47% decrease. The company also saw a substantial improvement in profitability, with a 2068.86% increase in profit. The company's net worth moved up by a moderate rise of 4.18%.

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
-8.47%
Revenue from Operations
-8.53%
Total Assets
26.26%
Profit or Loss
2068.86%
Net Worth
4.18%
EBITDA
23.15%

What is the Ownership and Shareholding Structure of Pioneer Tea & Exports?

In 2023, Pioneer Tea & Exports had a promoter holding of 75.04% and a public holding of 24.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.34 Cr

Satisfied Charges

₹6.65 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.55 Cr
  • State Bank Of India : 3.79 Cr

Latest Charge Details

Date Lender Amount Status
29 Mar 2023 Hdfc Bank Limited ₹0.98 M Open
24 Oct 2016 Hdfc Bank Limited ₹10.23 Cr Open
08 Jul 2016 Hdfc Bank Limited ₹10.23 Cr Open
30 May 2000 State Bank Of India ₹2.20 Cr Open
20 Aug 1998 State Bank Of India ₹6.00 M Open

How Many Employees Work at Pioneer Tea & Exports?

Pioneer Tea & Exports has a workforce of 24 employees as of Apr 08, 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 Tea & Exports, 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 Tea & Exports'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 Tea & Exports

Recent activity within the organization

  • Annual General Meeting

    Pioneer Tea & Exports Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.23 Cr registered on 08 Jul 2016 with Charge ID 100082968 was modified on 26 Sep 2024.

    26 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.23 Cr registered on 24 Oct 2016 with Charge ID 100100448 was modified on 24 Sep 2024.

    24 Sep 2024

  • Director Appointment

    Shyam Sunder Kayan was appointed as a Director was appointed as a Director on 10 Apr 2024 & has been associated with this company since 9 months 30 days .

    10 Apr 2024

  • Balance Sheet

    Pioneer Tea & Exports Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100775445 was registered on 29 Mar 2023.

    29 Mar 2023

Frequently asked questions

  • Pioneer Tea & Exports Ltd was incorporated on 28 Apr 1995.

  • The authorized share capital of Pioneer Tea & Exports Ltd is ₹ 4.00 Cr and paid-up capital is ₹ 3.40 Cr.

  • Currently 3 directors are associated with Pioneer Tea & Exports Ltd.

    • Gobind Prasad Kayan
    • Gopal Krishna Kayan
    • Shyam Sunder Kayan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pioneer Tea & Exports Ltd is Swaika Centre 2Nd Flor Room No - 1, 4A Pollock Street India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Pioneer Tea & Exports Ltd is U01132WB1995PLC071291 and the company number is 071291 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pioneer Tea & Exports Ltd has fallen by -8.47%.

  • As Per 2023 financial reports, 24 employees are currently employed by Pioneer Tea & Exports Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pioneer Tea & Exports Ltd has experienced an upsurge of 4.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pioneer Tea & Exports Ltd amount to ₹ 24.34 Cr.

  • The most recent Balance Sheet for Pioneer Tea & Exports Ltd was filed with the ROC on 31 Mar 2024.

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