- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0251323

About Pioneer Ispat Private Limited
Data last updated:
Pioneer Ispat Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27106PN2000PTC014705. Its GSTIN is 27AACCP2482L1Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Wasim Dilawar Shaikh and Asma Dilawar Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at W – 210 MIDC, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.78 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹9.88 Lakh (net margin 2.6%) and EBITDA of ₹13.74 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 2% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹6 Cr on record. Court records list 19 cases involving the company, including 19 filed against it; 5 cases are pending.
Pioneer Ispat Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0251323). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pioneerispat.com.
Company details
Recognitions & Rankings of Pioneer Ispat
Contact details
Pioneer Ispat Private Limited's registered office is in Pune, Maharashtra. Its website is pioneerispat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressW – 210 MIDC, Pune, Maharashtra, India – 411026
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Pioneer Ispat 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
Business activity
The main business activity of Pioneer Ispat is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Pioneer Ispat Private Limited, buy the company report.
Financials of Pioneer Ispat Private Limited
FY 2025 filings availablePioneer Ispat Private Limited reported revenue of ₹3.78 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 16% 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 |
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| EBITDA | ₹13.74 Lakh | ||||
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| Net Profit (PAT) | ₹9.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Pioneer Ispat Private Limited, buy the company report.
Board of directors of Pioneer Ispat Private Limited
Pioneer Ispat has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wasim Dilawar Shaikh Also directs: Mayoor Heavy Equipments Private Limited | Director | 11 Jun 2013 | 13 Years 4 Months | Current |
| Asma Dilawar Shaikh | Director | 03 Apr 2006 | 20 Years 7 Months | Current |
| Dilawar Rasul Shaikh Also directs: Super Profiles Private Limited | Director | 31 Mar 2000 | 26 Years 7 Months | Current |
Auditor
Pioneer Ispat Private Limited is audited by S D PATHAK & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D PATHAK & CO | FY 2022 | 107789W |
Shareholding
The shareholding of Pioneer Ispat Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pioneer Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2011 | 10308480 | Vidya Sahakari Bank Limited | ₹30 Lakh | Open | |
| 17 Apr 2006 | 10066814 | Vidya Sahakari Bank Limited | ₹40 Lakh | Open | |
| 11 Jul 2002 | 90086134 | Vidya Sahakari Bank Ltd | ₹50 Lakh | Open | |
| 29 Jul 2000 | 80051980 | Vidya Sahakari Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Pioneer Ispat Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Pioneer Ispat Private Limited has 19 court cases on record: 19 filed against it. 5 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 5 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Tirupati Balaji Steels Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed against the company by Accurate Powertech India Pvt Ltd Through Amol Nigade | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Jini Polymech Engineering Pvt. Ltd. Through Dilip Vishnu Thigale | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Steel Mart India Private Limited Through Mandar Joshi | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by M/S. Steel Mart India Pvt. Ltd. - Applicant (Ori. Complainant) | Disposed |
To see the full case history of Pioneer Ispat 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 Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pioneer Ispat Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Pioneer Ispat has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP2482L1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pioneer Ispat Private Limited, buy the company report.
Recent activity
Pioneer Ispat Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Sugrabi Rasul Shaikh ceased to be Director on 06 Nov 2020.
1 earlier event is in the company report.
Frequently asked questions
Pioneer Ispat is an active private limited company based in Pune, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 March 2000 (26+ years old) and is registered under CIN U27106PN2000PTC014705.
Pioneer Ispat has 3 current directors:
- Wasim Dilawar Shaikh - Director
- Asma Dilawar Shaikh - Director
- Dilawar Rasul Shaikh - Director
The latest financial statements of Pioneer Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pioneer Ispat is 27AACCP2482L1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pioneer Ispat is U27106PN2000PTC014705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Ispat has 19 court cases on record: 19 filed against it. 5 are pending. Most are in the district courts.
Pioneer Ispat was incorporated on 31 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
Sugrabi Rasul Shaikh ceased to be Director on 06 Nov 2020. Wasim Dilawar Shaikh was appointed as Director on 11 Jun 2013. Asma Dilawar Shaikh was appointed as Director on 03 Apr 2006. Pioneer Ispat has 4 board changes on record in total.
Yes, Pioneer Ispat is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0251323).
Pioneer Ispat can be reached through the website pioneerispat.com. Its registered office is in Pune, Maharashtra, India.

