Pioneer Insurance & Reinsurance Brokers Private Limited Company Logo

Pioneer Insurance & Reinsurance Brokers Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2002.

2002 | Mumbai, Maharashtra, India | Active
Last Updated:

About Pioneer Insurance & Reinsurance Brokers Private Limited

Pioneer Insurance & Reinsurance Brokers Private Limited, a active private limited company, was established on 18 November 2002 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U67200MH2002PTC137896. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹8.00 Cr.

Formerly known as Pioneer Insurance Services Private Limited. It upholds a compliant status. Its leadership includes Gaurang Manhar Gandhi (Director), Rakesh Madanlal Bhatia (Director). Past directors included Girish Bakre, Manhar Mangaldas Gandhi, Sashi Bhatter. It holds ₹32.67 Cr open charges and ₹10.27 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1219 Maker Chambers Vnariman Point, Mumbai, Maharashtra, 400021.

Company Details

  • CIN/LLPIN

    U67200MH2002PTC137896

  • Registration Number

    137896

  • Incorporation Date

    18 November 2002

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹8.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 23 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.67 Cr
  • Satisfied Charges ₹ 10.27 Cr
  • Revenue Growth 23.52%
  • Profit Growth 224.68%
  • Ebitda 142.45%
  • Net Worth 34.92%
  • Total Assets 78.15%
Company report

Pioneer Insurance & Reinsurance Brokers Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Pioneer Insurance & Reinsurance Brokers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Pioneer Insurance & Reinsurance Brokers Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Gaurang Manhar GandhiDirector18 Nov 2002Current
Rakesh Madanlal BhatiaDirector05 Jun 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector27 Jan 2009Past
Pramod AbcsddDirector07 May 2011Past
Pramod AbcsddKey Managerial Personnel-Past
Pramod AbcsddDirector07 Apr 2015Past
Pramod AbcsddDirector14 Nov 2008Past

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Financial Performance of Pioneer Insurance & Reinsurance Brokers.

Pioneer Insurance & Reinsurance Brokers Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 23.52% increase. The company also saw a substantial improvement in profitability, with a 224.68% increase in profit. The company's net worth Soared by an impressive increase of 34.92%.

Pioneer Insurance & Reinsurance Brokers revenue growth over time
Pioneer Insurance & Reinsurance Brokers 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
23.52%
Revenue from Operations
22.58%
Total Assets
78.15%
Profit or Loss
224.68%
Net Worth
34.92%
EBITDA
142.45%

What is the Ownership and Shareholding Structure of Pioneer Insurance & Reinsurance Brokers?

In 2023, Pioneer Insurance & Reinsurance Brokers had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹326,702,000.00

Satisfied Charges

₹102,734,000.00

Charges Breakdown by Lending Institutions

  • Others : 31.31 Cr
  • Hdfc Bank Limited : 1.08 Cr
  • Yes Bank Limited : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Others₹1.31 CrOpen
12 Oct 2023Hdfc Bank Limited₹1.00 MOpen
31 May 2023Hdfc Bank Limited₹4.65 MOpen
23 Sep 2022Hdfc Bank Limited₹5.19 MOpen
21 Dec 2019Others₹30.00 CrOpen

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How Many Employees Work at Pioneer Insurance & Reinsurance Brokers?

Unlock and access historical data on people associated with Pioneer Insurance & Reinsurance Brokers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Pioneer Insurance & Reinsurance Brokers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pioneer Insurance & Reinsurance Brokers, 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 Insurance & Reinsurance Brokers'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

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Latest Updates, News, and FAQs on Pioneer Insurance & Reinsurance Brokers

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Pioneer Insurance & Reinsurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 21 Dec 2019 with Charge ID 100315218 was modified on 15 Jul 2024. was recorded as a recent event.

  • Balance Sheet

    Progress on Pioneer Insurance & Reinsurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.31 Cr with Charge ID 100893001 was registered on 22 Mar 2024. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100798810 was registered on 12 Oct 2023. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.46 Cr with Charge ID 100735811 was registered on 31 May 2023. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Pioneer Insurance & Reinsurance Brokers Private Limited?

    The CIN of Pioneer Insurance & Reinsurance Brokers Private Limited is U67200MH2002PTC137896.

  • Where is Pioneer Insurance & Reinsurance Brokers Private Limited headquartered?

    Pioneer Insurance & Reinsurance Brokers Private Limited is headquartered at 1219 Maker Chambers Vnariman Point, Mumbai, Maharashtra, 400021.

  • When was Pioneer Insurance & Reinsurance Brokers Private Limited incorporated?

    Pioneer Insurance & Reinsurance Brokers Private Limited was incorporated on 18 November 2002.

  • Who are the current directors of Pioneer Insurance & Reinsurance Brokers Private Limited?

    The current directors of Pioneer Insurance & Reinsurance Brokers Private Limited are

  • What is the primary industry of Pioneer Insurance & Reinsurance Brokers Private Limited?

    The primary industry of Pioneer Insurance & Reinsurance Brokers Private Limited is Financial And Insurance Service.

  • Is Pioneer Insurance & Reinsurance Brokers Private Limited a listed company?

    Pioneer Insurance & Reinsurance Brokers Private Limited is unlisted.

  • What is the capital structure of Pioneer Insurance & Reinsurance Brokers Private Limited?

    The authorized capital of Pioneer Insurance & Reinsurance Brokers Private Limited is ₹10.00 Cr, and the paid-up capital is ₹8.00 Cr.

  • What is the compliance status of Pioneer Insurance & Reinsurance Brokers Private Limited?

    The compliance status of Pioneer Insurance & Reinsurance Brokers Private Limited is Compliant.

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