Pen Music Private Limited - Company Profile

Q: Who are the current directors of Pen Music Private Limited?

The current directors of Pen Music Private Limited are Akshay Jayantilal Gada, Reshma Gunvantlal Kadakia.

It is a media and publishing private limited company based in Mumbai, Maharashtra, India, established in 2016.

2016 Mumbai, Maharashtra, India Active

Last Updated: December 18, 2025

About Pen Music Private Limited

Pen Music Private Limited, a active private limited company, was established on 29 June 2016 in Mumbai, Maharashtra, India. Engaging in television & radio broadcasting within the information and communication sector, it holds CIN: U64100MH2016PTC283052. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹10.00 Cr.

Formerly known as Promcreate Holding And Developers Private Limited. It upholds a compliant status. Employing 56 professional, Its leadership includes Akshay Jayantilal Gada (Director), Reshma Gunvantlal Kadakia (Director). Past directors included Bhavita Ninal Shah, Akshay Jayantilal Gada, Dhaval Jayantilal Gada. It holds ₹25.10 Cr open charges and ₹30.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1101, Fortune Terraces Condominium, South Side,, New Link Road, Oshiwara, Andheri West, Mumbai, Maharashtra, 400053.

Company Details

CIN/LLPIN
U64100MH2016PTC283052
Registration Number
283052
Incorporation Date
29 June 2016
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹10.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 18-12-2025
Paid Up Capital ₹ 10.00 Cr as on 18-12-2025
Company Age 9 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 25.10 Cr as on 18-12-2025
Satisfied Charges ₹ 30.00 Cr as on 18-12-2025
Revenue Growth **** -42.75% (FY 2023)
Profit Growth **** -29.77% (FY 2023)
Ebitda **** -36.32% (FY 2023)
Net Worth 10.66% (FY 2023)
Total Assets **** 24.71% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Pen Music 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 Pen Music Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Akshay Jayantilal Gada	Director	01 Oct 2021	Current
Reshma Gunvantlal Kadakia	Director	01 Oct 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Nov 2021	Past
Pramod Abcsdd	Additional Director	12 Nov 2021	Past
Pramod Abcsdd	Director	25 Nov 2021	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	25 Nov 2021	Past
Pramod Abcsdd	Director	15 Nov 2019	Past

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Financial Performance of Pen Music.

Pen Music Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.75% decrease. The company also saw a substantial fall in profitability, with a 29.77% decrease in profit. The company's net worth Soared by an impressive increase of 10.66%.

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

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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

********

-42.75%

*******

Revenue from Operations

*******

-45.26%

*******

Total Assets

*******

24.71%

*******

Profit or Loss

*******

-29.77%

*******

Net Worth

*******

10.66%

*******

EBITDA

*******

-36.32%

*******

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What is the Ownership and Shareholding Structure of Pen Music?

In 2023, Pen Music had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹251,000,000.00

Satisfied Charges

₹300,000,000.00

Charges Breakdown by Lending Institutions

Yes Bank Limited : 25.00 Cr
The Hongkong And Shanghai Banking Corporation Limited : 0.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Mar 2024	The Hongkong And Shanghai Banking Corporation Limited	₹1.00 M	Open
28 Feb 2023	Yes Bank Limited	₹25.00 Cr	Open
13 Sep 2017	Yes Bank Limited	₹30.00 Cr	Satisfied

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How Many Employees Work at Pen Music?

Pen Music has a workforce of 56 employees as of Apr 05, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Pen Music, 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 Pen Music's trajectory.

Rating

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

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 Pen Music

Recent Activity within the Organization

Annual General Meeting

The activity Pen Music Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

Pen Music Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

The activity A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.10 Cr with Charge ID 100912208 was registered on 27 Mar 2024. was completed.
27 Mar 2024
Charges

The activity A charge with Yes Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100683931 was registered on 28 Feb 2023. was completed.
28 Feb 2023
Director Appointment

Progress on Akshay Jayantilal Gada was appointed as a Director was appointed as a Director on 01 Oct 2021 & has been associated with this company since 4 years 4 months . was documented.
01 Oct 2021
Director Appointment

Reshma Gunvantlal Kadakia was appointed as a Director was appointed as a Director on 01 Oct 2021 & has been associated with this company since 4 years 4 months . was recorded as a recent event.
01 Oct 2021

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