The Pioneer Magnesia Works Private Limited - Company Profile

It is a chemicals and materials private limited company based in Dasada, Gujarat, India, established in 1935.
1935 Dasada, Gujarat, India Active
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About The Pioneer Magnesia Works Private Limited

The Pioneer Magnesia Works Private Limited, a active private limited company, was established on 15 August 1935 in Dasada, Gujarat, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U24110GJ1935PTC083917. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.38 M.

Formerly known as The Pioneer Magnesia Works Limited. It upholds a compliant status. Employing 31 professional, Its leadership includes Philip Stephen Balaram (Director), Amit Gunvant Mangaldas (Director), Firdos Sorab Cambatta (Director). Past directors included Amit Gunvant Mangaldas, Firdos Sorab Cambatta, Cawas Lalkaka Nariman. It holds ₹2.50 M open charges and no settled loans. Its latest AGM occurred on 04 September 2025, with the balance sheet filed on 31 March 2025. It is based at Near Railway Station Village: Kharaghoda, Dasada, Gujarat, 382760.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24110GJ1935PTC083917

  • Registration Number

    083917

  • Incorporation Date

    15 August 1935

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.38 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.38 M
  • Company Age 90 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.50 M
  • Revenue Growth **** 6.30%
  • Profit Growth **** -6.13%
  • Ebitda **** -5.16%
  • Net Worth 3.57%
  • Total Assets **** 6.00%
Company report

The Pioneer Magnesia Works Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into The Pioneer Magnesia Works 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 The Pioneer Magnesia Works Private Limited?
Current Directors
Name Designation Appointment Date Status
Philip Stephen Balaram Director 26 Sep 2015 Current
Amit Gunvant Mangaldas Director 08 Dec 2009 Current
Firdos Sorab Cambatta Director 23 Dec 2022 Current
Ashvinbhai Naik Dhirubhai Director 26 Jun 1994 Current
Zaheer Jehangir Vakil Director 30 Sep 1983 Current
Jehangir Percy Rustom Vakil Managing Director 30 Sep 1983 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Sep 2010 Past
Pramod Abcsdd Additional Director 25 Sep 2023 Past
Pramod Abcsdd Director 16 Sep 2022 Past
Pramod Abcsdd Additional Director 25 Sep 2023 Past

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Financial Performance of The Pioneer Magnesia Works.

The Pioneer Magnesia Works Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.3% increase. The company also saw a slight decrease in profitability, with a 6.13% decrease in profit. The company's net worth moved up by a moderate rise of 3.57%.

The Pioneer Magnesia Works revenue growth over time
The Pioneer Magnesia Works profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 6.30%
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Revenue from Operations
*******
 6.25%
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*******
Total Assets
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 6.00%
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*******
*******
*******
Profit or Loss
*******
 -6.13%
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*******
*******
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Net Worth
*******
 3.57%
*******
*******
*******
*******
EBITDA
*******
 -5.16%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of The Pioneer Magnesia Works?

In 2020, The Pioneer Magnesia Works had a promoter holding of 75.77% and a public holding of 24.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of India : 0.25 Cr
Latest Charge Details
Date Lender Amount Status
22 Jan 1960 Bank Of India ₹2.50 M Open

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How Many Employees Work at The Pioneer Magnesia Works?

The Pioneer Magnesia Works has a workforce of 31 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Pioneer Magnesia Works, 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 The Pioneer Magnesia Works'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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on The Pioneer Magnesia Works
Recent Activity within the Organization
  • Annual General Meeting

    Progress on The Pioneer Magnesia Works Private Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity The Pioneer Magnesia Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    The activity Firdos Sorab Cambatta was appointed as a Director was appointed as a Director on 23 Dec 2022 & has been associated with this company since 3 years 2 months . was completed.

  • Director Appointment

    Progress on Vinayak Mahadeo Deodhar was appointed as a Director was appointed as a Director on 23 Dec 2022 & has been associated with this company since 3 years 2 months . was documented.

  • Director Appointment

    Progress on Philip Stephen Balaram was appointed as a Director was appointed as a Director on 26 Sep 2015 & has been associated with this company since 10 years 5 months . was documented.

  • Charges

    The activity A charge with Bank Of India of Rs. 2.50 M registered on 22 Jan 1960 with Charge ID 80060545 was modified on 09 Oct 2010. was completed.

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Frequently Asked Questions
What is the CIN of The Pioneer Magnesia Works Private Limited?

The CIN of The Pioneer Magnesia Works Private Limited is U24110GJ1935PTC083917.

Where is The Pioneer Magnesia Works Private Limited headquartered?

The Pioneer Magnesia Works Private Limited is headquartered at Near Railway Station Village: Kharaghoda, Dasada, Gujarat, 382760.

When was The Pioneer Magnesia Works Private Limited incorporated?

The Pioneer Magnesia Works Private Limited was incorporated on 15 August 1935.

Who are the current directors of The Pioneer Magnesia Works Private Limited?

The current directors of The Pioneer Magnesia Works Private Limited are

What is the primary industry of The Pioneer Magnesia Works Private Limited?

The primary industry of The Pioneer Magnesia Works Private Limited is Manufacturing.

Is The Pioneer Magnesia Works Private Limited a listed company?

The Pioneer Magnesia Works Private Limited is unlisted.

What is the capital structure of The Pioneer Magnesia Works Private Limited?

The authorized capital of The Pioneer Magnesia Works Private Limited is ₹5.00 M, and the paid-up capital is ₹2.38 M.

What is the compliance status of The Pioneer Magnesia Works Private Limited?

The compliance status of The Pioneer Magnesia Works Private Limited is Compliant.

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