MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-09-0045337
Pennywise Solutions Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹60.61 Cr
▼ 1% YoY
Net profit · FY 2023
₹6.76 Cr
Net margin 11.1%
EBITDA · FY 2023
₹19.94 Cr
EBITDA margin 32.9%
Authorised capital
₹11.3 Lakh
Registered with MCA
Paid-up capital
₹11.3 Lakh
Issued & subscribed
Satisfied charges
₹3 Lakh
No open charges
Company age
23 yrs
Est. 2003
Employees · EPFO
182
Provident fund records
About Pennywise Solutions Private Limited
Data last updated:
Pennywise Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Ogilvy Singapore Pte Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2003PTC041120. Its GSTIN is 36AAECP0333L1ZH (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.3 Lakh and a paid-up capital of ₹11.3 Lakh. It is led by directors including Pavan Pochu (Whole-Time Director) and Andrew S Kochar.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹60.61 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹6.76 Cr (net margin 11.1%) and EBITDA of ₹19.94 Cr (EBITDA margin 32.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
The company has about 182 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PennyWise Solutions. As per MCA filings, the company has satisfied charges of ₹3 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 12 deals on record (12 secondary share transfers); the latest was in March 2025. Its 7 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 4 smaller; the largest is Tagbin Services Private Limited with revenue of ₹61.24 Cr. The company has 3 MSME Form 1 returns on record between 2020 and 2021, listing 4 overdue payments to 2 micro and small suppliers.
Pennywise Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-09-0045337). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pennywisesolutions.com.
Company details
CIN U72200TG2003PTC041120
Registration Number 041120
Incorporation Date 06 June 2003
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Ogilvy Singapore Pte Ltd
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-09-0045337
CIN history
Pennywise Solutions has one previous CIN (Corporate Identification Number): U72200AP2003PTC041120. The current CIN is U72200TG2003PTC041120, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2003PTC041120 | Current |
| U72200AP2003PTC041120 | Previous |
Recognitions & Rankings of Pennywise Solutions
Contact details
Pennywise Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is pennywisesolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Solitaire Building Plot No. 14 & 15 Software Units Layout Madhapur Survey, No. 64, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Pennywise Solutions Private Limited, buy the company report.
Comprehensive company report
Pennywise Solutions 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
Pennywise Solutions operates one associated brand: PennyWise Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers digital experience platforms, commerce solutions, custom development, analytics, and marketing services. | pennywisesolutions.com |
Financials of Pennywise Solutions Private Limited
FY 2024 filings availablePennywise Solutions Private Limited reported revenue of ₹60.61 Cr (down 1% YoY) for FY 2023.
Revenue · FY 2023
₹60.61 Cr ▼ 1%
Net profit · FY 2023
₹6.76 Cr margin 11.1%
EBITDA · FY 2023
₹19.94 Cr margin 32.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 7%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 1%
5 years · compounded
▲ 9%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 5% 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 | FY 2018-19 |
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| EBITDA | ₹19.94 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.76 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.9% | ||||
| Net Profit Margin | 11.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pennywise Solutions Private Limited, buy the company report.
Board of directors of Pennywise Solutions Private Limited
Pennywise Solutions has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavan Pochu Also directs: Tolmolbol.Com Private Limited | Whole-Time Director | 06 Jun 2003 | 23 Years 4 Months | Current |
| Andrew S Kochar | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
| Abhishek Singh Gaur Also directs: Verticurl Marketing Private Limited | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Pennywise Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tagbin Services Private Limited | ₹61.24 Cr (FY 2024) | 75.0% | New Delhi, Delhi, India | |||
| First Direct Marketing Private Limited | ₹61.21 Cr (FY 2025) | 24.0% | Nagpur, Maharashtra, India | |||
| Bluewater Trade Winds Private Limited | ₹61.21 Cr (FY 2025) | 58.0% | Dehradun, Uttarakhand, India | |||
| Pennywise Solutions Private Limitedthis company | ₹60.61 Cr (FY 2023) | ₹6.76 Cr | 11.1% | -1.0% | 182 | Hyderabad, Telangana, India |
| Capestart Software Private Limited | ₹60.27 Cr (FY 2025) | 19.0% | Nagarcoil, Tamil Nadu, India | |||
| Cerillion Technologies India Private Limited | ₹60.05 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Yalamanchili Software Exports Private Limited | ₹59.77 Cr (FY 2025) | 23.0% | Chennai, Tamil Nadu, India | |||
| Kiwi Technologies India Private Limited | ₹59.76 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India |
To see the full peer comparison of Pennywise Solutions Private Limited, buy the company report.
Auditor
Pennywise Solutions Private Limited is audited by Deloitte Haskins & Sell for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sell | FY 2022 | 008072S |
Shareholding
The shareholding of Pennywise Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pennywise Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2005 | 90126971 | Allahabad Bank | ₹3 Lakh | Satisfied |
To see the full charge records of Pennywise Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Pennywise Solutions Private Limited has 12 deals on record (12 secondary share transfers); the latest was in March 2025.
Total deals
12
Secondary share transfers
12
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: WPP Singapore Pte Limited, Ogilvy (Singapore) Private Limited Seller: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Ogilvy (Singapore) Private Limited Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Ogilvy (Singapore) Private Limited Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: Ogilvy (Singapore) Private Limited Seller: 4 individuals |
To see the full deal history of Pennywise Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pennywise Solutions Private Limited has 3 court cases on record: 1 filed by Pennywise Solutions, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against M/S. Cura Technologies Limited and 3 others | Disposed |
| High Court, TELANGANA | Court case (ITTA) | Filed against the company by The Dy Commissioner of IT, Hyd | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Pennywise Solutions 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
Pennywise Solutions Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Odcem Technologies Private Limited | |||
| Good Will Services |
To see the full MSME payment records of Pennywise Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pennywise Solutions Private Limited has a workforce of 182 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
182
Active EPFO establishments
1
Employee growth
0.55%
GST
Pennywise Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECP0333L1ZH | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pennywise Solutions Private Limited, buy the company report.
Recent activity
Pennywise Solutions Private Limited has 16 board changes on record since 2003: 3 appointments and 13 cessations. The latest: Abhishek Singh Gaur ceased to be Additional Director on 23 Apr 2023.
AGM
Pennywise Solutions Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Filing
Pennywise Solutions Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Hyderabad.
Ceased
Abhishek Singh Gaur ceased to be Additional Director.
Appointed
Abhishek Singh Gaur was appointed as Director.
Ceased
Vettakorumakankav Ramamurthy Rajesh ceased to be Additional Director.
Ceased
Kunal Ramesh Jeswani ceased to be Director.
Ceased
Andrew S Kochar ceased to be Additional Director.
Appointed
Andrew S Kochar was appointed as Director.
Ceased
Anshuman Dimri ceased to be Additional Director.
Ceased
Jeremy Douglas Smith ceased to be Additional Director.
Ceased
Sonal Dabral ceased to be Additional Director.
Ceased
Kent Montgomery Wertime ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Pennywise Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 June 2003 (23+ years old) and is registered under CIN U72200TG2003PTC041120.
Pennywise Solutions has 3 current directors:
- Pavan Pochu - Whole-Time Director
- Andrew S Kochar - Director
- Abhishek Singh Gaur - Director
The latest financial statements of Pennywise Solutions on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pennywise Solutions is 36AAECP0333L1ZH, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pennywise Solutions is U72200TG2003PTC041120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pennywise Solutions has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Pennywise Solutions was incorporated on 06 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
Pennywise Solutions has 12 deals on record (12 secondary share transfers); the latest was in March 2025.
The peers of Pennywise Solutions by revenue are Tagbin Services Private Limited, First Direct Marketing Private Limited, Bluewater Trade Winds Private Limited, Capestart Software Private Limited, Cerillion Technologies India Private Limited and 2 more, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Abhishek Singh Gaur ceased to be Additional Director on 23 Apr 2023. Abhishek Singh Gaur was appointed as Director on 01 Apr 2023. Vettakorumakankav Ramamurthy Rajesh ceased to be Additional Director on 28 Jun 2022. Pennywise Solutions has 16 board changes on record in total.
Yes, Pennywise Solutions is registered as an MSME under Udyam registration (number: UDYAM-TS-09-0045337).
Pennywise Solutions has 3 MSME Form 1 returns on record between 2020 and 2021, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.