MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0009269
Pioneer Cranes & Elevators Private Limited - machinery and equipment in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹31.99 Cr
▼ 28% YoY
Net profit · FY 2025
₹3.82 Cr
Net margin 11.9%
EBITDA · FY 2025
₹5.69 Cr
EBITDA margin 17.8%
Authorised capital
₹2.75 Cr
Registered with MCA
Paid-up capital
₹2.4 Cr
Issued & subscribed
Open charges
₹15.35 Cr
Satisfied ₹16.27 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
80
Provident fund records
About Pioneer Cranes & Elevators Private Limited
Data last updated:
Pioneer Cranes & Elevators Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29241PB2008PTC031812. Its GSTIN is 03AACCM1843L1ZM (Punjab). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.4 Cr. It is led by directors including Harinder Kaur (Whole-Time Director) and Arshdeep Singh (Whole-Time Director).
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 is at Malerkotla Road Village Gill, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.99 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹3.82 Cr (net margin 11.9%) and EBITDA of ₹5.69 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.35 Cr and satisfied charges of ₹16.27 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Pioneer Cranes & Elevators Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0009269). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pioneercranes.co.in.
Company details
CIN U29241PB2008PTC031812
Registration Number 031812
Incorporation Date 01 April 2008
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0009269
Key People
Harinder Kaur Whole-Time Director Arshdeep Singh Whole-Time Director Karandeep Kaur Whole-Time Director Recognitions & Rankings of Pioneer Cranes & Elevators
Contact details
Pioneer Cranes & Elevators Private Limited's registered office is in Ludhiana, Punjab. Its website is pioneercranes.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMalerkotla Road Village Gill, Ludhiana, Punjab, India – 141008
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Pioneer Cranes & Elevators Private Limited, buy the company report.
Comprehensive company report
Pioneer Cranes & Elevators Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Pioneer Cranes & Elevators is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Pioneer Cranes & Elevators Private Limited, buy the company report.
Financials of Pioneer Cranes & Elevators Private Limited
FY 2024 filings availablePioneer Cranes & Elevators Private Limited reported revenue of ₹31.99 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹31.99 Cr ▼ 28%
Net profit · FY 2025
₹3.82 Cr margin 11.9%
EBITDA · FY 2025
₹5.69 Cr margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 17%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▲ 64%
5 years · compounded
▲ 32%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 102% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 11.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pioneer Cranes & Elevators Private Limited, buy the company report.
Board of directors of Pioneer Cranes & Elevators Private Limited
Pioneer Cranes & Elevators has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harinder Kaur | Whole-Time Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Arshdeep Singh | Whole-Time Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Salochan Bir Singh Also directs: Sikh Vidayak Foundation | Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Karandeep Kaur | Whole-Time Director | 04 Jan 2012 | 14 Years 9 Months | Current |
Auditor
Pioneer Cranes & Elevators Private Limited is audited by RAKESH GROVER & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH GROVER & CO. | FY 2023 | 017153N |
Shareholding
The shareholding of Pioneer Cranes & Elevators 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 Cranes & Elevators Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.35 Cr
Satisfied charges
₹16.27 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2025 | 101182949 | Hdfc Bank Limited | ₹32 Lakh | Open | |
| 25 Sep 2023 | 100820999 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 29 Sep 2022 | 100646703 | Others | ₹91.04 Lakh | Open | |
| 31 Oct 2019 | 100309188 | Hdfc Bank Limited | ₹13.37 Cr | Open | |
| 26 Apr 2018 | 100192812 | Others | ₹24.78 Lakh | Open |
To see the full charge records of Pioneer Cranes & Elevators Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Pioneer Cranes & Elevators Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangrur, Punjab | Civil suit | Filed against the company by M/S K N Industries Jind Road Sangrur Through Its Partners Naresh Kumar Son of of Late | Disposed |
To see the full case history of Pioneer Cranes & Elevators 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
Pioneer Cranes & Elevators Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 154 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mangla Hoists Private Limited | |||
| an individual supplier | |||
| Kay Kay Agro Industries | |||
| Shivam Industrial Tool Co | |||
| Bharat Oxygen Co |
To see the full MSME payment records of Pioneer Cranes & Elevators Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pioneer Cranes & Elevators Private Limited has a workforce of 80 employees on its EPFO records as of Apr 11, 2024, across 1 active EPFO establishment.
Employee count
80
Active EPFO establishments
1
Employee growth
-17.53%
GST
Pioneer Cranes & Elevators has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCM1843L1ZM | Punjab | Active | 01 Jul 2017 |
| 03AAECP5976D1ZG | Punjab | Active | 01 Jul 2017 |
| 09AACCM1843L2Z9 | Uttar Pradesh | Active | 15 Mar 2024 |
To see the full GST registrations and return filing status of Pioneer Cranes & Elevators Private Limited, buy the company report.
Recent activity
Pioneer Cranes & Elevators Private Limited has 7 board changes on record since 2008: 4 appointments and 3 cessations. The latest: Arshdeep Singh ceased to be Director on 01 Mar 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 101182949 was registered on 18 Oct 2025.
AGM
Pioneer Cranes & Elevators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pioneer Cranes & Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 13.37 Cr registered on 31 Oct 2019 with Charge ID 100309188 was modified on 22 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100820999 was registered on 25 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.91 Cr with Charge ID 100646703 was registered on 29 Sep 2022.
Charges
A charge registered on 23 Dec 2014 via Charge ID 10554101 with Others was fully satisfied on 24 Jul 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.37 Cr with Charge ID 100309188 was registered on 31 Oct 2019.
Charges
A charge with Others of Rs. 6.86 Cr registered on 23 Dec 2014 with Charge ID 10554101 was modified on 23 Mar 2019.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100192812 was registered on 26 Apr 2018.
Charges
A charge registered on 17 Oct 2013 via Charge ID 10459268 with Bank Of Baroda was fully satisfied on 23 Jun 2016.
Charges
A charge registered on 03 Mar 2009 via Charge ID 10172712 with Bank Of Baroda was fully satisfied on 23 Jun 2016.
14 earlier events are in the company report.
Frequently asked questions
Pioneer Cranes & Elevators is an active private limited company based in Ludhiana, Punjab, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 01 April 2008 (18+ years old) and is registered under CIN U29241PB2008PTC031812.
Pioneer Cranes & Elevators has 4 current directors:
- Harinder Kaur - Whole-Time Director
- Arshdeep Singh - Whole-Time Director
- Karandeep Kaur - Whole-Time Director
- Salochan Bir Singh - Director
The latest financial statements of Pioneer Cranes & Elevators 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.
The GSTIN of Pioneer Cranes & Elevators is 03AACCM1843L1ZM, registered in Punjab. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 03AAECP5976D1ZG (Punjab), 09AACCM1843L2Z9 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Pioneer Cranes & Elevators is U29241PB2008PTC031812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Cranes & Elevators has 1 court case on record: 1 filed against it.
Pioneer Cranes & Elevators was incorporated on 01 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.
Arshdeep Singh ceased to be Director on 01 Mar 2013. Harinder Kaur ceased to be Director on 01 Mar 2013. Karandeep Kaur ceased to be Additional Director on 29 Sep 2012. Pioneer Cranes & Elevators has 7 board changes on record in total.
Yes, Pioneer Cranes & Elevators is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0009269).
Pioneer Cranes & Elevators has 2 MSME Form 1 returns on record between 2018 and 2019, listing 154 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 May 2019.
Pioneer Cranes & Elevators can be reached through the website pioneercranes.co.in. Its registered office is in Ludhiana, Punjab, India.