- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-04-0011226

About Pioneer Semicon Materials Private Limited
Data last updated:
Pioneer Semicon Materials Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 12 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36998MH2018PTC310642. Its GSTIN is 27ABACS4465R1ZM (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Achyut Sudhakar Chavan and Kapil Rameshrao Deshpande.
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 Plot No.35 Sector 5 Auric Shendra Dmic, Aurangabad, Maharashtra, India – 431007.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.7 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹27.33 Lakh (net margin 2.2%) and EBITDA of ₹1.55 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 89% over five years.
The company is associated with 1 brand: Pioneer Semicon Materials. As per MCA filings, the company has open charges of ₹65 Lakh and satisfied charges of ₹3.93 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in November 2018. Its 3 peer companies in the Manufacturing industry (Glass Works), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Anant Infra Glasses India Private Limited with revenue of ₹12.81 Cr.
Pioneer Semicon Materials Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0011226). For more details, the company can be reached via its website straddleglassworks.com.
Company details
Recognitions & Rankings of Pioneer Semicon Materials
Contact details
Pioneer Semicon Materials Private Limited's registered office is in Aurangabad, Maharashtra. Its website is straddleglassworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.35 Sector 5 Auric Shendra Dmic, Aurangabad, Maharashtra, India – 431007
- IndustryManufacturing, Glass & Products
To see the full contact details of Pioneer Semicon Materials 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
Brands
Pioneer Semicon Materials operates one associated brand: Pioneer Semicon Materials. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of quartz glass products and provision of related services in India. | straddleglassworks.com |
Business activity
The main business activity of Pioneer Semicon Materials is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Pioneer Semicon Materials Private Limited, buy the company report.
Financials of Pioneer Semicon Materials Private Limited
FY 2025 filings availablePioneer Semicon Materials Private Limited reported revenue of ₹12.7 Cr (up 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years, including 86% growth in the latest year. EBITDA rose 24% 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 | ₹1.55 Cr | ||||
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| Net Profit (PAT) | ₹27.33 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 | 12.2% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Pioneer Semicon Materials Private Limited, buy the company report.
Board of directors of Pioneer Semicon Materials Private Limited
Pioneer Semicon Materials 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 |
|---|---|---|---|---|
| Achyut Sudhakar Chavan Also directs: Semimat Technologies Private Limited | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
| Kapil Rameshrao Deshpande | Director | 18 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Pioneer Semicon Materials Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Glass Works), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anant Infra Glasses India Private Limited | ₹12.81 Cr (FY 2025) | -15.0% | Mandideep, Madhya Pradesh, India | |||
| Pioneer Semicon Materials Private Limitedthis company | ₹12.7 Cr (FY 2025) | ₹27.33 Lakh | 2.2% | 86.0% | Aurangabad, Maharashtra, India | |
| Gudex Glass Industries Private Limited | ₹12.65 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| MG Glass (OPC) Private Limited | ₹12.35 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Pioneer Semicon Materials Private Limited, buy the company report.
Auditor
Pioneer Semicon Materials Private Limited is audited by R O HEDA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R O HEDA & CO | FY 2022 | 133599W |
Shareholding
The shareholding of Pioneer Semicon Materials Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pioneer Semicon Materials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2024 | 100944121 | Others | ₹25 Lakh | Open | |
| 23 May 2022 | 100578570 | Others | ₹40 Lakh | Open | |
| 14 Jun 2024 | 100944129 | Others | ₹60 Lakh | Satisfied | |
| 17 Mar 2022 | 100557647 | Others | ₹2 Cr | Satisfied | |
| 17 Mar 2022 | 100569994 | Others | ₹45 Lakh | Satisfied |
To see the full charge records of Pioneer Semicon Materials Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Pioneer Semicon Materials Private Limited has 1 deal on record (1 rights issue); the latest was in November 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Rights issue | ₹59 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Pioneer Semicon Materials Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pioneer Semicon Materials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pioneer Semicon Materials has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS4465R1ZM | Maharashtra | Active | 09 Aug 2018 |
To see the full GST registrations and return filing status of Pioneer Semicon Materials Private Limited, buy the company report.
Recent activity
Pioneer Semicon Materials Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Kapil Rameshrao Deshpande ceased to be Additional Director on 17 Dec 2019.
10 earlier events are in the company report.
Frequently asked questions
Pioneer Semicon Materials is an active private limited company based in Aurangabad, Maharashtra, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 12 June 2018 (8+ years old) and is registered under CIN U36998MH2018PTC310642.
Pioneer Semicon Materials has 2 current directors:
- Achyut Sudhakar Chavan - Director
- Kapil Rameshrao Deshpande - Director
The latest financial statements of Pioneer Semicon Materials 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 FY 2019 are in the company report.
The GSTIN of Pioneer Semicon Materials is 27ABACS4465R1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pioneer Semicon Materials is U36998MH2018PTC310642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Semicon Materials was incorporated on 12 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Pioneer Semicon Materials has 1 deal on record (1 rights issue); the latest was in November 2018.
The peers of Pioneer Semicon Materials by revenue are Anant Infra Glasses India Private Limited, Gudex Glass Industries Private Limited, MG Glass (OPC) Private Limited, all in the Manufacturing industry (Glass Works), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Kapil Rameshrao Deshpande ceased to be Additional Director on 17 Dec 2019. Kapil Rameshrao Deshpande was appointed as Director on 18 Jan 2019. Ketan Rameshrao Deshpande ceased to be Director on 18 Jan 2019. Pioneer Semicon Materials has 4 board changes on record in total.
Yes, Pioneer Semicon Materials is registered as a small enterprise under Udyam registration (number: UDYAM-MH-04-0011226).
Pioneer Semicon Materials can be reached through the website straddleglassworks.com. Its registered office is in Aurangabad, Maharashtra, India.

