Pioneer (Express Services) Private Limited
About Pioneer (Express Services) Private Limited
Data last updated:
Pioneer (Express Services) Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the express logistics segment of the transport and logistics sector. It was incorporated on 03 March 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U60300MH1994PTC076917. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.45 Lakh. It was led by directors Makarand Ram Patankar and Jayashree Makarand Patankar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot – 35 Flat – 35 Floor – Gr Mysore Chsl Colony, Mahul Road Near Rcf Gate No. 2 Chembur Mumbai – 400074, Maharashtra, India – 400074.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.85 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Lakh (net margin 29.6%) and EBITDA of ₹2.83 Lakh (EBITDA margin 48.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
Court records list 3 cases involving the company, including 3 filed by the company.
Company details
Contact details
Pioneer (Express Services) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot – 35 Flat – 35 Floor – Gr Mysore Chsl Colony, Mahul Road Near Rcf Gate No. 2 Chembur Mumbai – 400074, Maharashtra, India – 400074
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Pioneer (Express Services) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Pioneer (Express Services) Private Limited
FY 2024 filings availablePioneer (Express Services) Private Limited reported revenue of ₹5.85 Lakh (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 6% growth in the latest year. EBITDA fell 42% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.83 Lakh | ||||
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| Net Profit (PAT) | ₹1.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 48.4% | ||||
| Net Profit Margin | 29.6% | ||||
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To see the full financial statements and ratios of Pioneer (Express Services) Private Limited, buy the company report.
Board of directors of Pioneer (Express Services) Private Limited
Pioneer (Express Services) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Makarand Ram Patankar Also directs: Pioneer (Express Services) LLP, Fullstop Solutions Private Limited | Director | 03 Mar 1994 | 32 Years 7 Months | As last reported |
| Jayashree Makarand Patankar Also directs: Pioneer (Express Services) LLP, Fullstop Solutions Private Limited | Director | 26 May 2001 | 25 Years 5 Months | As last reported |
Auditor
Pioneer (Express Services) Private Limited is audited by VIDYADHAR JOSHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIDYADHAR JOSHI & ASSOCIATES | FY 2023 | 111393W |
Shareholding
The shareholding of Pioneer (Express Services) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pioneer (Express Services) Private Limited, buy the company report.
Legal cases
Pioneer (Express Services) Private Limited has 3 court cases on record: 3 filed by Pioneer (Express Services). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOCL) | Filed by the company against DHD Corurier and Cargi (I) Pvt.Ltd. | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against DHD Courier and Cargo (India) Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against DHD Courier and Cargo India Pvt Ltd | Disposed |
To see the full case history of Pioneer (Express Services) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pioneer (Express Services) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pioneer (Express Services) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pioneer (Express Services) Private Limited, buy the company report.
Recent activity
Pioneer (Express Services) Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Gaurav Makarand Patankar ceased to be Director on 12 Aug 2016.
Frequently asked questions
Pioneer (Express Services) has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Pioneer (Express Services) was a private limited company based in Mumbai, Maharashtra, India. The company worked in express logistics, within the transport and logistics industry. It was incorporated on 03 March 1994 and is registered under CIN U60300MH1994PTC076917. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Pioneer (Express Services) is U60300MH1994PTC076917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer (Express Services) had 2 directors:
- Makarand Ram Patankar - Director
- Jayashree Makarand Patankar - Director
Pioneer (Express Services) was incorporated on 03 March 1994. It is registered with the Registrar of Companies, Mumbai.
The registered office of Pioneer (Express Services) is at Plot – 35 Flat – 35 Floor – Gr Mysore Chsl Colony, Mahul Road Near Rcf Gate No. 2 Chembur Mumbai – 400074, Maharashtra, India – 400074.
The latest financial statements of Pioneer (Express Services) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Pioneer (Express Services) has 1 GST registration on record and it is cancelled or inactive.
Pioneer (Express Services) operated in the transport and logistics industry, in the express logistics segment.
Pioneer (Express Services) has 3 court cases on record: 3 filed by the company. Most are in the high courts.