About Penpenny Infotech Private Limited
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Penpenny Infotech Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2018PTC178404. Its GSTIN is 27AAHCG4406C1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ghadage Products Private Limited. It is led by directors Jivan Jagannath Ghadage and Dnyaneshwar Duryodhan Gavali.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H No. 177 Managalwedha, Solapur, Maharashtra, India – 413305.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.76 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net profit of ₹26.94 Lakh (net margin 5.7%) and EBITDA of ₹45.25 Lakh (EBITDA margin 9.5%).
The company has about 40 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website anuyat.com.
Company details
Contact details
Penpenny Infotech Private Limited's registered office is in Solapur, Maharashtra. Its website is anuyat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH No. 177 Managalwedha, Solapur, Maharashtra, India – 413305
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Penpenny Infotech 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
Business activity
The main business activity of Penpenny Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Penpenny Infotech Private Limited, buy the company report.
Financials of Penpenny Infotech Private Limited
FY 2023 filings availablePenpenny Infotech Private Limited reported revenue of ₹4.76 Cr (up 127% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 127% in the latest year. EBITDA rose 287% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.76 Cr | ||||
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| EBITDA | ₹45.25 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹26.94 Lakh | ||||
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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 | 9.5% | ||||
| Net Profit Margin | 5.7% | ||||
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To see the full financial statements and ratios of Penpenny Infotech Private Limited, buy the company report.
Board of directors of Penpenny Infotech Private Limited
Penpenny Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jivan Jagannath Ghadage Also directs: Glowing Bud Private Limited, Anuyat Private Limited | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
| Dnyaneshwar Duryodhan Gavali | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Penpenny Infotech Private Limited is compared with the 6 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Ninety Nine Oranges Technologies Private Limited | ₹4.76 Cr (FY 2024) | -21.0% | Dadri, Uttar Pradesh, India | |||
| Accentuate Business Solutions Private Limited | ₹4.76 Cr (FY 2024) | 25.0% | Gurugram, Haryana, India | |||
| Foxfire Technologies (India) Private Limited | ₹4.76 Cr (FY 2024) | 3.0% | Hyderabad, Telangana, India | |||
| Penpenny Infotech Private Limitedthis company | ₹4.76 Cr (FY 2023) | ₹26.94 Lakh | 5.7% | 127.0% | 40 | Solapur, Maharashtra, India |
| Deccansoft Software Services Private Limited | ₹4.76 Cr (FY 2025) | -9.0% | Secunderabad, Telangana, India | |||
| Insta Utility Consultant Private Limited | ₹4.75 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Underscore Cybersecurity Private Limited | ₹4.75 Cr (FY 2024) | 694.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Penpenny Infotech Private Limited, buy the company report.
Auditor
Penpenny Infotech Private Limited is audited by Pranoti Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pranoti Shah & Associates | FY 2023 | 173767 |
Shareholding
The shareholding of Penpenny Infotech Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Penpenny Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Penpenny Infotech 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 Penpenny Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Penpenny Infotech Private Limited has a workforce of 40 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Penpenny Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG4406C1ZZ | Maharashtra | Active | 24 Oct 2018 |
To see the full GST registrations and return filing status of Penpenny Infotech Private Limited, buy the company report.
Recent activity
Penpenny Infotech Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dnyaneshwar Duryodhan Gavali was appointed as Director on 31 Aug 2018.
Frequently asked questions
Penpenny Infotech is an active private limited company based in Solapur, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 31 August 2018 (8+ years old) and is registered under CIN U72900PN2018PTC178404.
Penpenny Infotech has 2 current directors:
- Jivan Jagannath Ghadage - Director
- Dnyaneshwar Duryodhan Gavali - Director
The latest financial statements of Penpenny Infotech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Penpenny Infotech is 27AAHCG4406C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Penpenny Infotech is U72900PN2018PTC178404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penpenny Infotech was incorporated on 31 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Penpenny Infotech by revenue are Ninety Nine Oranges Technologies Private Limited, Accentuate Business Solutions Private Limited, Foxfire Technologies (India) Private Limited, Deccansoft Software Services Private Limited, Insta Utility Consultant Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Dnyaneshwar Duryodhan Gavali was appointed as Director on 31 Aug 2018. Jivan Jagannath Ghadage was appointed as Director on 31 Aug 2018.
Penpenny Infotech can be reached through the website anuyat.com. Its registered office is in Solapur, Maharashtra, India.
The registered office of Penpenny Infotech is at H No. 177 Managalwedha, Solapur, Maharashtra, India – 413305.
Penpenny Infotech operates in the information technology industry, in the IT consulting and support services segment.
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