MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0121841
Pen Music Private Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.61 Cr
▲ 3% YoY
Net profit · FY 2025
₹22.82 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹3.75 Cr
EBITDA margin 6.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Open charges
₹25.1 Cr
Satisfied ₹30 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
56
Provident fund records
About Pen Music Private Limited
Data last updated:
Pen Music Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 29 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64100MH2016PTC283052. Its GSTIN is 27AAICP7440C1ZH (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Promcreate Holding and Developers Private Limited. It is led by directors Akshay Jayantilal Gada and Reshma Gunvantlal Kadakia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.61 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹22.82 Lakh (net margin 0.4%) and EBITDA of ₹3.75 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.1 Cr and satisfied charges of ₹30 Cr on record. 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 ₹9.99 Cr; the latest was in April 2017. Its 6 peer companies in the Media and Publishing industry (Music, TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities) are compared by revenue, 3 larger and 3 smaller; the largest is Qyou Media India Private Limited with revenue of ₹59.02 Cr.
Pen Music Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0121841). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website penindia.in.
Company details
CIN U64100MH2016PTC283052
Registration Number 283052
Incorporation Date 29 June 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0121841
CIN history
Pen Music has one previous CIN (Corporate Identification Number): U70109MH2016PTC283052. The current CIN is U64100MH2016PTC283052, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64100MH2016PTC283052 | Current |
| U70109MH2016PTC283052 | Previous |
Recognitions & Rankings of Pen Music
Contact details
Pen Music Private Limited's registered office is in Mumbai, Maharashtra. Its website is penindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1101 Fortune Terraces Condominium South Side, New Link Road Oshiwara Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Pen Music Private Limited, buy the company report.
Comprehensive company report
Pen Music 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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Business activity
The main business activity of Pen Music is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Pen Music Private Limited, buy the company report.
Financials of Pen Music Private Limited
FY 2025 filings availablePen Music Private Limited reported revenue of ₹56.61 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹56.61 Cr ▲ 3%
Net profit · FY 2025
₹22.82 Lakh margin 0.4%
EBITDA · FY 2025
₹3.75 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 3% growth in the latest year. EBITDA fell 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.82 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pen Music Private Limited, buy the company report.
Board of directors of Pen Music Private Limited
Pen Music has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Jayantilal Gada | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Reshma Gunvantlal Kadakia | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Pen Music Private Limited is compared with the 6 companies closest to it by revenue in the Media and Publishing industry (Music, TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qyou Media India Private Limited | ₹59.02 Cr (FY 2023) | 17.0% | Mumbai, Maharashtra, India | |||
| Nandighosha Network Private Limited | ₹58.9 Cr (FY 2025) | -29.0% | Bhubaneswar, Odisha, India | |||
| Venkata Sai Media Private Limited | ₹58.42 Cr (FY 2017) | -14.0% | Hyderaabad, Telangana, India | |||
| Pen Music Private Limitedthis company | ₹56.61 Cr (FY 2025) | ₹22.82 Lakh | 0.4% | 3.0% | 56 | Mumbai, Maharashtra, India |
| Indiasign Private Limited | ₹55.19 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| TV Vision Limited | ₹55.04 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Suryansh Broadcasting Private Limited | ₹54.56 Cr (FY 2025) | -23.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Pen Music Private Limited, buy the company report.
Auditor
Pen Music Private Limited is audited by Sparks & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sparks & Co. | FY 2023 | 0101458W |
Shareholding
The shareholding of Pen Music Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pen Music Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.1 Cr
Satisfied charges
₹30 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2024 | 100912208 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Open | |
| 28 Feb 2023 | 100683931 | Yes Bank Limited | ₹25 Cr | Open | |
| 13 Sep 2017 | 100131344 | Yes Bank Limited | ₹30 Cr | Satisfied |
To see the full charge records of Pen Music Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Pen Music Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹9.99 Cr; the latest was in April 2017.
Total deals
1
Funding round
1
Disclosed funding
₹9.99 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Funding round | ₹9.99 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pen Music Private Limited has 2 court cases on record: 2 filed by Pen Music. 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 |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Anr. | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
To see the full case history of Pen Music 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 Pen Music Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pen Music Private Limited has a workforce of 56 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
56
Active EPFO establishments
1
Employee growth
14.29%
GST
Pen Music has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP7440C1ZH | Maharashtra | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of Pen Music Private Limited, buy the company report.
Recent activity
Pen Music Private Limited has 12 board changes on record since 2016: 7 appointments and 5 cessations. The latest: Bhavita Shah ceased to be Director on 25 Nov 2021.
AGM
Pen Music Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pen Music Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
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.
Charges
A charge with Yes Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100683931 was registered on 28 Feb 2023.
Ceased
Bhavita Shah ceased to be Director.
Ceased
Dhaval Jayantilal Gada ceased to be Director.
Ceased
Jayantilal Vershi Gada ceased to be Director.
Appointed
Akshay Jayantilal Gada was appointed as Director.
Appointed
Reshma Gunvantlal Kadakia was appointed as Director.
Charges
A charge registered on 13 Sep 2017 via Charge ID 100131344 with Yes Bank Limited was fully satisfied on 13 Jan 2020.
Ceased
Hitesh Kantilal Vakil ceased to be Director.
Ceased
Jasmin Bhogilal Shah ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Pen Music is an active private limited company based in Mumbai, Maharashtra, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 29 June 2016 (10+ years old) and is registered under CIN U64100MH2016PTC283052.
Pen Music has 2 current directors:
- Akshay Jayantilal Gada - Director
- Reshma Gunvantlal Kadakia - Director
The latest financial statements of Pen Music on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Pen Music is 27AAICP7440C1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pen Music is U64100MH2016PTC283052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pen Music has 2 court cases on record: 2 filed by the company. 1 is pending.
Pen Music was incorporated on 29 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Pen Music has 1 deal on record (1 funding round), with disclosed funding of ₹9.99 Cr; the latest was in April 2017.
The peers of Pen Music by revenue are Qyou Media India Private Limited, Nandighosha Network Private Limited, Venkata Sai Media Private Limited, Indiasign Private Limited, TV Vision Limited and 1 more, all in the Media and Publishing industry (Music, TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities).
Bhavita Shah ceased to be Director on 25 Nov 2021. Dhaval Jayantilal Gada ceased to be Director on 25 Nov 2021. Jayantilal Vershi Gada ceased to be Director on 25 Nov 2021. Pen Music has 12 board changes on record in total.
Yes, Pen Music is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0121841).