About Penbound Partners Private Limited
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Penbound Partners Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2016PTC274740. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.2 Lakh and a paid-up capital of ₹1.13 Lakh. It was formerly known as Ambient Motion Private Limited. It is led by directors Sumitra Gopal Shetty and Vineet Gopalkrishna Shetty.
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 76 Kailash Nagar Tardeo Road Opposite Bhatia Hospital, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.39 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.99 Lakh (net margin 14.8%) and EBITDA of ₹1.99 Lakh (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 280% over three years.
The company is associated with 2 brands: Penbound and Plop Chat Stories. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹81.1 Lakh; the latest was in February 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plopnow.com.
Company details
Contact details
Penbound Partners Private Limited's registered office is in Mumbai, Maharashtra. Its website is plopnow.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address76 Kailash Nagar Tardeo Road Opposite Bhatia Hospital, Mumbai, Maharashtra, India – 400007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Penbound Partners Private Limited, buy the company report.
- 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
Brands
Penbound Partners operates two associated brands: Penbound and Plop Chat Stories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as an online platform connecting readers and writers. | penbound.com | |
| Fictional stories are delivered via an online chat platform. | plopnow.com |
Business activity
The main business activity of Penbound Partners is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Penbound Partners Private Limited, buy the company report.
Financials of Penbound Partners Private Limited
FY 2023 filings availablePenbound Partners Private Limited reported revenue of ₹13.39 Lakh (up 932% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 280% over three years, including 932% growth in the latest year. EBITDA rose 107% 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
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| EBITDA | ₹1.99 Lakh | ||||
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| Net Profit (PAT) | ₹1.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 14.8% | ||||
| Net Profit Margin | 14.8% | ||||
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To see the full financial statements and ratios of Penbound Partners Private Limited, buy the company report.
Board of directors of Penbound Partners Private Limited
Penbound Partners has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumitra Gopal Shetty Also directs: Hashdrift Technologies Private Limited | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Vineet Gopalkrishna Shetty Also directs: Hashdrift Technologies Private Limited | Director | 04 May 2017 | 9 Years 5 Months | Current |
Auditor
Penbound Partners Private Limited is audited by Kolte & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kolte & Associates | FY 2022 | 134552W |
Shareholding
The shareholding of Penbound Partners 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 Penbound Partners Private Limited, buy the company report.
Deals & funding
Penbound Partners Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹81.1 Lakh; the latest was in February 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Funding round | ₹81.1 Lakh | Investors: Angel List, LVX (LetsVenture), Sarcha Advisors |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Penbound Partners Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Penbound Partners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Penbound Partners has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Penbound Partners Private Limited, buy the company report.
Recent activity
Penbound Partners Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Anushka Chandrashekhar Shetty ceased to be Director on 16 Jul 2021.
Frequently asked questions
Penbound Partners is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 March 2016 (10+ years old) and is registered under CIN U72200MH2016PTC274740.
Penbound Partners has 2 current directors:
- Sumitra Gopal Shetty - Director
- Vineet Gopalkrishna Shetty - Director
The latest financial statements of Penbound Partners 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 2016 are in the company report.
No. Penbound Partners has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Penbound Partners is U72200MH2016PTC274740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penbound Partners was incorporated on 21 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Penbound Partners has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹81.1 Lakh; the latest was in February 2020.
Anushka Chandrashekhar Shetty ceased to be Director on 16 Jul 2021. Sumitra Gopal Shetty was appointed as Director on 15 Jul 2021. Hemalatha Chandrashekhar Shetty ceased to be Director on 08 May 2017. Penbound Partners has 4 board changes on record in total.
Penbound Partners can be reached through the website plopnow.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Penbound Partners is at 76 Kailash Nagar Tardeo Road Opposite Bhatia Hospital, Mumbai, Maharashtra, India – 400007.