The Pioneer Magnesia Works Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.38 M
- Company Age 89 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.50 M
- Revenue Growth 6.30%
- Profit Growth -6.13%
- Ebitda -5.16%
- Net Worth 3.57%
- Total Assets 6.00%
About The Pioneer Magnesia Works
The Pioneer Magnesia Works Private Limited (TPMWPL) was founded in India on 15 August 1935 and has a glorious history of 89 years and six months.Its registered office is in Surendra Nagar, Gujarat, India.
The Corporate was formerly known as The Pioneer Magnesia Works Limited. The Company is engaged in the Chemicals And Materials 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 5.00 M and a paid-up capital of Rs 2.38 M.
The company currently has active open charges totaling ₹2.50 M.
Zaheer Vakil, Farah Vakil, Amit Mangaldas, and Five other members serve as directors at the Company.
Company Details
- Location
Surendra Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24110GJ1935PTC083917
- Company No.
083917
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Aug 1935
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does The Pioneer Magnesia Works Private Limited offer?
The Pioneer Magnesia Works Private Limited offers a wide range of products and services, including Inorganic Salts, Magnesium Chloride Hexahydrate, Pollution Control Devices & Machines, Air Pollution Control Equipment, Chemical Reagents & Catalysts.
Who are the key members and board of directors at The Pioneer Magnesia Works?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jehangir Vakil  | Managing Director | 30-Sep-1983 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Zaheer Vakil | Director | 30-Sep-1983 | Current |
| Farah Vakil | Director | 01-Aug-1995 | Current |
| Amit Mangaldas | Director | 08-Dec-2009 | Current |
| Ashvinbhai Dhirubhai | Director | 26-Jun-1994 | Current |
| Vinayak Deodhar | Director | 23-Dec-2022 | Current |
| Philip Balaram | Director | 26-Sep-2015 | Current |
Financial Performance of The Pioneer Magnesia Works.
The Pioneer Magnesia Works Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.3% increase. The company also saw a slight decrease in profitability, with a 6.13% decrease in profit. The company's net worth moved up by a moderate rise of 3.57%.
- Key Matrics
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What is the Ownership and Shareholding Structure of The Pioneer Magnesia Works?
In 2020, The Pioneer Magnesia Works had a promoter holding of 75.77% and a public holding of 24.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Stephen Balaram Engineering Private LimitedPhilip Balaram is a mutual person
James Smith Foods Private LimitedZaheer Vakil and Farah Vakil are mutual person
Greentokri Foods LlpZaheer Vakil is a mutual person
Greentokri Farms Private LimitedZaheer Vakil is a mutual person
Bharat Beams Private LimitedFirdos Cambatta is a mutual person
Bharucha And Motivala Design And Consult Ancy LlpZaheer Vakil and Farah Vakil are mutual person
Charges (Loans)
₹2.50 M
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 1960 | Bank Of India | ₹2.50 M | Open |
How Many Employees Work at The Pioneer Magnesia Works?
The Pioneer Magnesia Works has a workforce of 31 employees as of Apr 04, 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 The Pioneer Magnesia 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 The Pioneer Magnesia 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
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