Pioneer Investcorp Ltd
PION

Pioneer Investcorp Ltd (507864)

₹29.81.82%

Key Stats

₹29.1
Day's Price Range
₹33.75
₹27.25
52-Week Price Range
₹54.5
1 Month Return-15.7 %
3 Month Return-17.76 %
1 Year Return-1.31 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 132
27.84
EPS
Rank 140
₹1.09
BVPS
Rank 91
₹102.23
Dividend Yield
Rank 73
ROE
Rank 356
0.51%
Price To Book Ratio
Rank 35
0.29
Debt To Asset
Rank 107
0.45

Company Information

Promoted by M M Gandhi and G M Gandhi the Bombaybased Pioneer Investcorp established itself as a niche player in financial services with a presence in a gamut of financial products in both fee and fundbased activities. It renders a range of financial services to a welldiversified corporate clientele.Pioneers investment banking operations include both primary and secondary market operations and are supported by a wellequipped inhouse equity research division. Its merchant banking activities includes corporate advisory services on capital structuring of both equity and debt and issue management which includes preissue management private placement of securities and underwriting. A SEBIauthorised merchant banker Pioneer has already established itself in issue management.It obtained membership on the National Stock Exchange for the capital market segment. It proposes to acquire sponsor membership of the OTCEI. These would complement its present operations and contribute substantially to its income in the future.Pioneer has also established itself as one of the largest lease syndicators in the country. It has regularly been doing lease syndication of more than Rs 100 cr every year. It has syndicated funds of more than Rs 2000 cr for its clients. It went public in Apr.95 to strengthen and consolidate its capital base and augment longterm resources.Pioneer plans to further expand its operations to tap its nonresident clientele and act as a link in providing a wide range of services in both the primary and secondary segments of the capital market. In this regard its inhouse research division will provide the necessary support in terms of qualitative and quantitative industry information. The company has two subsidiariesPioneer Credit Limited and Pioneer Intermediaries Limited.During the financial year 199596 the company was assigned an AAminus rating by CARECredit Analysis and Research Limited which is classified as anupper medium grade investment and is two grades higher than the minimum prescribed by the Reserve Bank of India.With a view to entering into stock broking activities the company has promoted Pioneer Intermediaries Limited which will conduct Broking operations as member of National Stock Exchange as well as Mumbai Stock Exchange during the financial year 199596.
OrganisationPioneer Investcorp Ltd
HeadquartersMumbai
IndustryFinance