ActiveMumbai City, MaharashtraSince 1991

Pioneer Embroideries Limited

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Set up in 1991 in Mumbai City. 8 people run it as directors and officers, and it has pledged its assets against loans of up to ₹92.77 crore from 5 lenders.

CINL17291MH1991PLC063752
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34 years at a glance

Loans against its assets, and when today's people joined

199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyThe Bank of Nova Scotia, up to ₹50 lakh, 3 Aug 1990 to 12 Mar 2012The Bank of Nova Scotia, up to ₹50 lakh, 30 Aug 1990 to 12 Mar 2012The Bank of Nova Scotia, up to ₹1 crore, 29 Sept 1993 to 12 Mar 2012The Bank of Nova Scotia, up to ₹15.2 lakh, 6 Jul 1994 to 12 Mar 2012The Bank of Nova Scotia, up to ₹62 lakh, 3 Aug 1996 to 12 Mar 2012Industrial Development Bank of India, up to ₹7 crore, 14 Nov 2000 to 1 Mar 2007Union Bank of India, up to ₹9.75 crore, 10 Oct 2001 to 26 Jun 2015State Bank of India, up to ₹60.56 crore, 14 Nov 2002 to 15 Sept 2015Axis Bank Limited, up to ₹2.88 crore, 18 Jan 2005 to 3 Apr 2013Union Bank of India, up to ₹77.02 crore, 18 Jan 2005 to still openLandesbank Baden-Wurttemberg, up to ₹8.24 crore, 5 Jul 2006 to 13 Nov 2019Corporation Bank, up to ₹6.29 crore, 19 Jul 2006 to 7 Oct 2016Edelweiss Asset Reconstruction Company Limited, up to ₹18.23 crore, 22 Jul 2006 to 14 Aug 2020ICICI Bank Limited, up to ₹7.48 crore, 23 Feb 2007 to 25 Oct 2013Union Bank of India, up to ₹2 crore, 20 Mar 2007 to 22 Aug 2014Kotak Mahindra Bank Limited, up to ₹14.81 crore, 29 May 2007 to 1 Sept 2020Union Bank of India, up to ₹4 crore, 12 Oct 2007 to 22 Aug 2014HDFC Bank Limited, up to ₹10 crore, 22 Jan 2008 to 20 Aug 2015Union Bank of India, up to ₹8.29 crore, 13 Jul 2010 to 27 Jan 2017Small Industries Development Bank of India, up to ₹1.64 crore, 13 Jul 2010 to 5 Oct 2016State Bank of India, up to ₹22.78 crore, 13 Jul 2010 to 15 Sept 2015State Bank of Patiala, up to ₹13.5 crore, 13 Jul 2010 to 13 Aug 2014Union Bank of India, up to ₹1.5 crore, 23 Mar 2011 to 22 Aug 2014ICICI Bank Limited, up to ₹1.5 crore, 7 May 2012 to 23 Oct 2013Small Industries Develpoment Bank of India, up to ₹2.09 crore, 11 Jun 2013 to 5 Oct 2016Union Bank of India, up to ₹1 crore, 23 Dec 2013 to 11 Dec 2014Kotak Mahindra Bank Limited, up to ₹5 crore, 10 Apr 2015 to 25 Sept 2020Kotak Mahindra Bank Limited, up to ₹17 crore, 14 Aug 2015 to 25 Sept 2020Punjab National Bank, up to ₹20 lakh, 14 Oct 2015 to 30 Oct 2020Punjab National Bank, up to ₹5 lakh, 29 Oct 2015 to 30 Oct 2020Kotak Mahindra Bank Limited, up to ₹60.39 crore, 1 Sept 2016 to 30 Dec 2025Director of Industries Government of Himachal Pradesh, up to ₹30 lakh, 27 Aug 2018 to still openUnion Bank of India, up to ₹7.14 lakh, 13 Nov 2020 to still openUnion Bank of India, up to ₹14 lakh, 15 Mar 2023 to still openUnion Bank of India, up to ₹9.75 lakh, 15 Mar 2023 to still openUnion Bank of India, up to ₹9 lakh, 15 Mar 2023 to still openTata Capital Financial Services Limited, up to ₹10 crore, 28 Sept 2023 to still openBank of Baroda, up to ₹34.2 lakh, 30 Mar 2024 to still openUnion Bank of India, up to ₹9.65 lakh, 10 Dec 2024 to still openOrix Leasing & Financial Services India Limited, up to ₹90.25 lakh, 29 Jan 2025 to still openOrix Leasing & Financial Services India Limited, up to ₹2.46 crore, 30 Jul 2025 to still openOrix Leasing & Financial Services India Limited, up to ₹1.17 crore, 16 Oct 2025 to still openUnion Bank of India, up to ₹8.58 lakh, 23 Apr 2026 to still openRajkumar Jivraj Sekhani, Whole-time director, joined 23 May 2014Ami Samir Thakkar, Company Secretary, joined 2 Jun 2016Deepak Sipani, CFO, joined 14 Nov 2018Sushama Sunil Bhatt, Director, joined 19 Jul 2021Saurabh Maheshwari, Managing Director, joined 19 Jul 2021Varun Kathuria, Director, joined 2 Sept 2023Mahesh Kumar Gupta, Director, joined 2 Sept 2023Vishal Rajkumar Sekhani, Whole-time director, joined 16 Oct 2025
Loan still openLoan paid offSomeone joined, and is still there
  • 1991Registered as a company on 25 Oct 1991.
  • 2005Its biggest loan against assets, ₹77.02 crore with Union Bank of India, is still open.

Who runs it

  • 3 Director
  • 2 Whole-time director
  • 1 CFO
  • 1 Company Secretary
  • 1 Managing Director
  • Vishal Rajkumar Sekhani

    Whole-time directorsince 16 Oct 20254 other companies

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  • Varun Kathuria

    Directorsince 2 Sept 20239 other companies

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  • Mahesh Kumar Gupta

    Directorsince 2 Sept 20234 other companies

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  • Sushama Sunil Bhatt

    Directorsince 19 Jul 2021

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  • Saurabh Maheshwari

    Managing Directorsince 19 Jul 20212 other companies

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  • Deepak Sipani

    CFOsince 14 Nov 2018

All 8 people
  • Ami Samir Thakkar

    Company Secretarysince 2 Jun 2016

  • Rajkumar Jivraj Sekhani

    Whole-time directorsince 23 May 20148 other companies

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Who has lent to it

₹92.77 crorein loans backed by its assets, from 5 lenders

  • Union Bank of India₹77.6 crore

    7 open loans, taken out 2005 to 2026

  • Tata Capital Financial Services Limited₹10 crore

    Open, taken out 28 Sept 2023

  • Orix Leasing & Financial Services India Limited₹4.53 crore

    3 open loans, taken out in 2025

  • Bank of Baroda₹34.2 lakh

    Open, taken out 30 Mar 2024

  • Director of Industries Government of Himachal Pradesh₹30 lakh

    Open, taken out 27 Aug 2018

30 earlier loans, now paid off
  • Kotak Mahindra Bank Limited1 Sept 2016 to 30 Dec 2025₹60.39 crore
  • Punjab National Bank29 Oct 2015 to 30 Oct 2020₹5 lakh
  • Punjab National Bank14 Oct 2015 to 30 Oct 2020₹20 lakh
  • Kotak Mahindra Bank Limited14 Aug 2015 to 25 Sept 2020₹17 crore
  • Kotak Mahindra Bank Limited10 Apr 2015 to 25 Sept 2020₹5 crore
  • Union Bank of India23 Dec 2013 to 11 Dec 2014₹1 crore
  • Small Industries Develpoment Bank of India11 Jun 2013 to 5 Oct 2016₹2.09 crore
  • ICICI Bank Limited7 May 2012 to 23 Oct 2013₹1.5 crore
  • Union Bank of India23 Mar 2011 to 22 Aug 2014₹1.5 crore
  • Union Bank of India13 Jul 2010 to 27 Jan 2017₹8.29 crore
  • Small Industries Development Bank of India13 Jul 2010 to 5 Oct 2016₹1.64 crore
  • State Bank of India13 Jul 2010 to 15 Sept 2015₹22.78 crore
  • State Bank of Patiala13 Jul 2010 to 13 Aug 2014₹13.5 crore
  • HDFC Bank Limited22 Jan 2008 to 20 Aug 2015₹10 crore
  • Union Bank of India12 Oct 2007 to 22 Aug 2014₹4 crore
  • Kotak Mahindra Bank Limited29 May 2007 to 1 Sept 2020₹14.81 crore
  • Union Bank of India20 Mar 2007 to 22 Aug 2014₹2 crore
  • ICICI Bank Limited23 Feb 2007 to 25 Oct 2013₹7.48 crore
  • Edelweiss Asset Reconstruction Company Limited22 Jul 2006 to 14 Aug 2020₹18.23 crore
  • Corporation Bank19 Jul 2006 to 7 Oct 2016₹6.29 crore
  • Landesbank Baden-Wurttemberg5 Jul 2006 to 13 Nov 2019₹8.24 crore
  • Axis Bank Limited18 Jan 2005 to 3 Apr 2013₹2.88 crore
  • State Bank of India14 Nov 2002 to 15 Sept 2015₹60.56 crore
  • Union Bank of India10 Oct 2001 to 26 Jun 2015₹9.75 crore
  • Industrial Development Bank of India14 Nov 2000 to 1 Mar 2007₹7 crore
  • The Bank of Nova Scotia3 Aug 1996 to 12 Mar 2012₹62 lakh
  • The Bank of Nova Scotia6 Jul 1994 to 12 Mar 2012₹15.2 lakh
  • The Bank of Nova Scotia29 Sept 1993 to 12 Mar 2012₹1 crore
  • The Bank of Nova Scotia30 Aug 1990 to 12 Mar 2012₹50 lakh
  • The Bank of Nova Scotia3 Aug 1990 to 12 Mar 2012₹50 lakh

Who else its people work with

Other companies where its directors and officers hold roles

Prits Vintage Lineage LimitedDazzles Exports Private LimitedTara Buildwell Private LimitedZip Quest Private LimitedKarma Fashions Private LimitedTaffles Exports Private LimitedTaffles Projects Private LimitedThree Coins Properties Private LimitedTaffles Advisory Services Private LimitedCrystal Lace (India) LimitedPioneer Realty LimitedRoyal Embroideries Private LimitedHakoba Lifestyle LimitedPioneer E-Com Fashions LimitedSekhani Share & Stocks Pvt.Ltd.Mas Embroideries LLPPioneer E-Com Fashions LLPCrystal Lace (India) LimitedHakoba Lifestyle LimitedPioneer Realty LimitedPioneer E-Com Fashions LLPLibord Irp Advisors Private LimitedCar Bazaar Automobiles Private LimitedFirst Flight Couriers LimitedStarlite Jewels Private LimitedKiran Industries Private LimitedSomit Textrade LLPVarun Kathuria: 9 other companiesRajkumar Jivraj Sekhani: 8 other companiesVishal Rajkumar Sekhani: 4 other companiesMahesh Kumar Gupta: 4 other companiesSaurabh Maheshwari: 2 other companiesSushama Sunil Bhatt: 0 other companiesPioneerEmbroid…

5 of its 8 people also hold roles in 23 other companies.

  • Varun Kathuria

    Director at Pioneer Embroideries

    9 other companiesFollow
  • Rajkumar Jivraj Sekhani

    Whole-time director at Pioneer Embroideries

    8 other companiesFollow
  • Vishal Rajkumar Sekhani

    Whole-time director at Pioneer Embroideries

    4 other companiesFollow
  • Mahesh Kumar Gupta

    Director at Pioneer Embroideries

    4 other companiesFollow
  • Saurabh Maheshwari

    Managing Director at Pioneer Embroideries

    2 other companiesFollow
All other companies, by person

A shared director or officer is the only link shown here, not a sign that the companies are connected in any other way.

Varun Kathuria

  • Prits Vintage Lineage Limited
  • Dazzles Exports Private Limited
  • Tara Buildwell Private Limited
  • Zip Quest Private Limited
  • Karma Fashions Private Limited
  • Taffles Exports Private Limited
  • Taffles Projects Private Limited
  • Three Coins Properties Private Limited
  • Taffles Advisory Services Private Limited

Rajkumar Jivraj Sekhani

  • Crystal Lace (India) Limited
  • Pioneer Realty Limited
  • Royal Embroideries Private Limited (Amalgamated)
  • Hakoba Lifestyle Limited
  • Pioneer E-Com Fashions Limited (Converted to LLP)
  • Sekhani Share & Stocks Pvt.Ltd.
  • Mas Embroideries LLP (Strike Off)
  • Pioneer E-Com Fashions LLP

Vishal Rajkumar Sekhani

Mahesh Kumar Gupta

Saurabh Maheshwari

MCA listed no other company for Sushama Sunil Bhatt.

Read from each person's DIN record, the oldest on .

What its filings add

Pioneer Embroideries files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.