Startup India Government of India
Penguin Innovative Engineering Private Limited - engineering in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2025
₹8.14 Cr
▲ 28% YoY
Net profit · FY 2025
₹10.84 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹21.25 Lakh
EBITDA margin 2.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
13
Provident fund records
Directors on board
3
As per MCA filings
About Penguin Innovative Engineering Private Limited
Data last updated:
Penguin Innovative Engineering Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the robotics and automation solutions segment of the engineering sector. It was incorporated on 12 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29251GJ2021PTC126322. Its GSTIN is 24AAMCP3772B1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Krishnaben Kiritkumar Gajjar and Aakash Kiritkumar Gajjar.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.14 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹10.84 Lakh (net margin 1.3%) and EBITDA of ₹21.25 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 250% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ptech innovative.
Penguin Innovative Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0179166). For more details, the company can be reached via its website penguinengineering.in.
Company details
CIN U29251GJ2021PTC126322
Registration Number 126322
Incorporation Date 12 October 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0179166
Key People
Krishnaben Kiritkumar Gajjar Director Aakash Kiritkumar Gajjar Director Devendra Sunilbhai Avhad Director Recognitions & Rankings of Penguin Innovative Engineering
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0179166
Contact details
Penguin Innovative Engineering Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressPlot No 62/14 G.I.D.C Ind Estate Phase 1, Nr Patel Airtel Opp Sbi Bank Vatva, Ahmedabad, Gujarat, India – 382440
- IndustryEngineering, Robotics & Automation Solutions
Comprehensive company report
Penguin Innovative Engineering 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Penguin Innovative Engineering operates one associated brand: Ptech innovative. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures food processing machines like pani puri makers and fryers. | ptechinnovative.in |
Business activity
The main business activity of Penguin Innovative Engineering 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 Penguin Innovative Engineering Private Limited, buy the company report.
Financials of Penguin Innovative Engineering Private Limited
FY 2025 filings availablePenguin Innovative Engineering Private Limited reported revenue of ₹8.14 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹8.14 Cr ▲ 28%
Net profit · FY 2025
₹10.84 Lakh margin 1.3%
EBITDA · FY 2025
₹21.25 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 250%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 305%
Revenue has grown at a compounded annual rate (CAGR) of 250% over three years, including 28% growth in the latest year. EBITDA rose 48% 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 |
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| Total Expenses | ||||
| EBITDA | ₹21.25 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹10.84 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.6% | |||
| Net Profit Margin | 1.3% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Penguin Innovative Engineering Private Limited, buy the company report.
Board of directors of Penguin Innovative Engineering Private Limited
Penguin Innovative Engineering has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnaben Kiritkumar Gajjar | Director | 12 Oct 2021 | 5 Years 0 Months | Current |
| Aakash Kiritkumar Gajjar Also directs: Equickes Online Solutions LLP, Natural Golgappe LLP | Director | 12 Oct 2021 | 5 Years 0 Months | Current |
| Devendra Sunilbhai Avhad Also directs: Natural Golgappe LLP | Director | 12 Oct 2021 | 5 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Penguin Innovative Engineering 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 Penguin Innovative Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Penguin Innovative Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCP3772B1ZI | Gujarat | Active | 07 Feb 2022 |
To see the full GST registrations and return filing status of Penguin Innovative Engineering Private Limited, buy the company report.
Recent activity
Penguin Innovative Engineering Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Aakash Kiritkumar Gajjar was appointed as Director on 12 Oct 2021.
AGM
Penguin Innovative Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Penguin Innovative Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Aakash Kiritkumar Gajjar was appointed as Director.
Appointed
Devendra Sunilbhai Avhad was appointed as Director.
Appointed
Krishnaben Kiritkumar Gajjar was appointed as Director.
Incorporation
12 Oct 2021
Penguin Innovative Engineering Private Limited was registered on 12 Oct 2021 with Roc Ahmedabad & aged 5 years 18 days as per MCA records.
Frequently asked questions
Penguin Innovative Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in robotics and automation solutions, within the engineering industry. It was incorporated on 12 October 2021 (5+ years old) and is registered under CIN U29251GJ2021PTC126322.
Penguin Innovative Engineering has 3 current directors:
- Krishnaben Kiritkumar Gajjar - Director
- Aakash Kiritkumar Gajjar - Director
- Devendra Sunilbhai Avhad - Director
The latest financial statements of Penguin Innovative Engineering 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 2022 are in the company report.
The GSTIN of Penguin Innovative Engineering is 24AAMCP3772B1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Penguin Innovative Engineering is U29251GJ2021PTC126322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penguin Innovative Engineering was incorporated on 12 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aakash Kiritkumar Gajjar was appointed as Director on 12 Oct 2021. Devendra Sunilbhai Avhad was appointed as Director on 12 Oct 2021. Krishnaben Kiritkumar Gajjar was appointed as Director on 12 Oct 2021.
Yes, Penguin Innovative Engineering is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Penguin Innovative Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0179166).
Penguin Innovative Engineering can be reached through the website penguinengineering.in. Its registered office is in Ahmedabad, Gujarat, India.