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PNR Commerce Services Private Limited - e-commerce in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹8.45 Cr
▼ 86% YoY
Net loss · FY 2023
₹54,055
Net margin -0.1%
EBITDA · FY 2023
₹1.54 Lakh
EBITDA margin 0.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
2
Provident fund records
Directors on board
3
As per MCA filings
About PNR Commerce Services Private Limited
Data last updated:
PNR Commerce Services Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 18 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U52100PN2019PTC185555. Its GSTIN is 27AAKCP6730B1ZI (Maharashtra). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Siddhant Rajendra Kochar and Niraj Rajendra Raka.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 82/B 1st Floor Above Godrej Showroom Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.45 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹54,055 (net margin -0.1%) and EBITDA of ₹1.54 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: FollowG and GabbarDeals. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.19 Cr; the latest was in June 2020. Its 4 peer companies in the Ecommerce and Internet industry (Electronic Goods), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 1 smaller; the largest is Irich Private Limited with revenue of ₹8.74 Cr.
For more details, the company can be reached via its website gabbardeals.com.
Company details
CIN U52100PN2019PTC185555
Registration Number 185555
Incorporation Date 18 July 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Key People
Siddhant Rajendra Kochar Director Niraj Rajendra Raka Director Piyush Ganesh Raka Director Recognitions & Rankings of PNR Commerce Services
Contact details
PNR Commerce Services Private Limited's registered office is in Pune, Maharashtra. Its website is gabbardeals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address82/B 1st Floor Above Godrej Showroom Pune, Maharashtra, India – 411001
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of PNR Commerce Services Private Limited, buy the company report.
Comprehensive company report
PNR Commerce Services Private Limited - one report that includes everything
- 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
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Brands
PNR Commerce Services operates two associated brands: FollowG and GabbarDeals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B retail operations and CRM management tools are provided. | followg.com | |
| Electronic products and accessories are sold via an e-commerce platform. | gabbardeals.com |
Business activity
The main business activity of PNR Commerce Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of PNR Commerce Services Private Limited, buy the company report.
Financials of PNR Commerce Services Private Limited
FY 2023 filings availablePNR Commerce Services Private Limited reported revenue of ₹8.45 Cr (down 86% YoY) for FY 2023.
Revenue · FY 2023
₹8.45 Cr ▼ 86%
Net loss · FY 2023
₹54,055 margin -0.1%
EBITDA · FY 2023
₹1.54 Lakh margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 86%
3 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▲ 27%
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 86% fall in the latest year. EBITDA rose 102% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.54 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹54,055 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.2% | |||
| Net Profit Margin | -0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of PNR Commerce Services Private Limited, buy the company report.
Board of directors of PNR Commerce Services Private Limited
PNR Commerce Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhant Rajendra Kochar Also directs: Gabbardeals Retail Private Limited | Director | 08 Mar 2022 | 4 Years 7 Months | Current |
| Niraj Rajendra Raka Also directs: PNR Commerce LLP, Gabbardeals Retail Private Limited | Director | 18 Jul 2019 | 7 Years 3 Months | Current |
| Piyush Ganesh Raka | Director | 18 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
PNR Commerce Services Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Electronic Goods), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Irich Private Limited | ₹8.74 Cr (FY 2018) | 3554.0% | Bangalore, Karnataka, India | |||
| Sri Roonwal Marketing Private Limited | ₹8.73 Cr (FY 2025) | 32.0% | Tamil Nadu, India | |||
| Reloved Gadgets Private Limited | ₹8.58 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| PNR Commerce Services Private Limitedthis company | ₹8.45 Cr (FY 2023) | -₹54,055 | -0.1% | -86.0% | Pune, Maharashtra, India | |
| Tomson Electronics Private Limited | ₹7.99 Cr (FY 2024) | 17.0% | Ernakulam, Kerala, India |
To see the full peer comparison of PNR Commerce Services Private Limited, buy the company report.
Auditor
PNR Commerce Services Private Limited is audited by Ms D G Kango and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ms D G Kango and Associates | FY 2022 | 126235W |
Shareholding
The shareholding of PNR Commerce Services Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of PNR Commerce Services Private Limited, buy the company report.
Deals & funding
PNR Commerce Services Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.19 Cr; the latest was in June 2020.
Total deals
1
Funding round
1
Disclosed funding
₹2.19 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Funding round | ₹2.19 Cr | Investors: Samyakth Management Services LLP , A.S Family Trust & Ashok K Shah, Pankaj Jain Huf & Riju Goel |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
PNR Commerce Services Private Limited has 2 court cases on record: 2 filed by PNR Commerce Services. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of PNR Commerce Services 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 PNR Commerce Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
PNR Commerce Services has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| PNR Technology Private Limited | U72900PN2020PTC194044 |
To see the full group structure of PNR Commerce Services Private Limited, buy the company report.
GST
PNR Commerce Services has 8 GST registrations: 1 active and 7 cancelled or inactive.
Total GSTINs
8
Active
1
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP6730B1ZI | Maharashtra | Active | 30 Jul 2019 |
To see the full GST registrations and return filing status of PNR Commerce Services Private Limited, buy the company report.
Recent activity
PNR Commerce Services Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Siddhant Rajendra Kochar ceased to be Additional Director on 29 Sep 2022.
AGM
Pnr Commerce Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Pnr Commerce Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Ceased
Siddhant Rajendra Kochar ceased to be Additional Director.
Ceased
Piyush Ganesh Raka ceased to be Director.
Appointed
Siddhant Rajendra Kochar was appointed as Director.
Ceased
Poonam Dharamchand Gugale ceased to be Director.
Ceased
Bhavesh Raman Solanki ceased to be Director.
Appointed
Niraj Rajendra Raka was appointed as Director.
Appointed
Piyush Ganesh Raka was appointed as Director.
Incorporation
18 Jul 2019
Pnr Commerce Services Private Limited was registered on 18 Jul 2019 with Roc Pune & aged 7 years 3 months as per MCA records.
Frequently asked questions
PNR Commerce Services is an active private limited company based in Pune, Maharashtra, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 18 July 2019 (7+ years old) and is registered under CIN U52100PN2019PTC185555.
PNR Commerce Services has 3 current directors:
- Siddhant Rajendra Kochar - Director
- Niraj Rajendra Raka - Director
- Piyush Ganesh Raka - Director
The latest financial statements of PNR Commerce Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of PNR Commerce Services is 27AAKCP6730B1ZI, registered in Maharashtra. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of PNR Commerce Services is U52100PN2019PTC185555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PNR Commerce Services has 2 court cases on record: 2 filed by the company. 1 is pending.
PNR Commerce Services was incorporated on 18 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
PNR Commerce Services has 1 deal on record (1 funding round), with disclosed funding of ₹2.19 Cr; the latest was in June 2020.
The peers of PNR Commerce Services by revenue are Irich Private Limited, Sri Roonwal Marketing Private Limited, Reloved Gadgets Private Limited, Tomson Electronics Private Limited, all in the Ecommerce and Internet industry (Electronic Goods), with the same principal business activity (wholesale trading).
Siddhant Rajendra Kochar ceased to be Additional Director on 29 Sep 2022. Piyush Ganesh Raka ceased to be Director on 08 Mar 2022. Siddhant Rajendra Kochar was appointed as Director on 08 Mar 2022. PNR Commerce Services has 7 board changes on record in total.
Yes, PNR Commerce Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).