- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-22-0009167

About Penstack Solutions Private Limited
Data last updated:
Penstack Solutions Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 14 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC080352. Its GSTIN is 29AAICP1273F1ZC (Karnataka).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Viren Tumkur Ranjan and Preeti Agarwal Ranjan.
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 Room No.5 No.1E Hootagally Industrial Area, Mysore, Karnataka, India – 570018.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.36 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹40,803 (net margin 0.1%) and EBITDA of ₹2.83 Lakh (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Penstack Solutions. As per MCA filings, the company has open charges of ₹1.26 Cr and satisfied charges of ₹1.66 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
Penstack Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0009167). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website penstack.com.
Company details
Recognitions & Rankings of Penstack Solutions
Contact details
Penstack Solutions Private Limited's registered office is in Mysore, Karnataka. Its website is penstack.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoom No.5 No.1E Hootagally Industrial Area, Mysore, Karnataka, India – 570018
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Penstack Solutions 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
Penstack Solutions operates one associated brand: Penstack Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B distribution and business intelligence services in the food and beverage sector in India. | penstack.com |
Business activity
The main business activity of Penstack Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Penstack Solutions Private Limited, buy the company report.
Financials of Penstack Solutions Private Limited
FY 2025 filings availablePenstack Solutions Private Limited reported revenue of ₹5.36 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 10% fall in the latest year. EBITDA fell 64% 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 | ₹2.83 Lakh | ||||
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| Net Profit (PAT) | ₹40,803 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Penstack Solutions Private Limited, buy the company report.
Board of directors of Penstack Solutions Private Limited
Penstack Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viren Tumkur Ranjan Also directs: A.J. Polymers LLP | Director | 14 May 2015 | 11 Years 5 Months | Current |
| Preeti Agarwal Ranjan | Director | 14 May 2015 | 11 Years 5 Months | Current |
Peer comparison
Penstack Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eduniya Eretail Private Limited | ₹5.4 Cr (FY 2022) | 5.0% | Bangalore, Karnataka, India | |||
| Cost Price Discount Stores Private Limited | ₹5.4 Cr (FY 2024) | 297.0% | New Delhi, Delhi, India | |||
| Penstack Solutions Private Limitedthis company | ₹5.36 Cr (FY 2025) | ₹40,803 | 0.1% | -10.0% | 6 | Mysore, Karnataka, India |
| Namrup Technologies Private Limited | ₹5.34 Cr (FY 2025) | 8.0% | Pune, Maharashtra, India | |||
| Plan Z Digital Private Limited | ₹5.33 Cr (FY 2024) | 41.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Penstack Solutions Private Limited, buy the company report.
Auditor
Penstack Solutions Private Limited is audited by B S RAVIKUMAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S RAVIKUMAR & ASSOCIATES | FY 2020 | 006101S |
Shareholding
The shareholding of Penstack Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Penstack Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2019 | 100318541 | State Bank of India | ₹1.26 Cr | Satisfied | |
| 26 Mar 2018 | 100177604 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Penstack Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Penstack Solutions Private Limited has 5 court cases on record: 4 filed by Penstack Solutions, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Billion Smiles Hospitality Pvt Ltd | Disposed |
| High Court of Karnataka | Arbitration matter | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Platinum Hotels Group | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Gag Associates | Disposed |
To see the full case history of Penstack Solutions 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 Penstack Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Penstack Solutions Private Limited has a workforce of 6 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Penstack Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP1273F1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Penstack Solutions Private Limited, buy the company report.
Recent activity
Penstack Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Preeti Agarwal Ranjan was appointed as Director on 14 May 2015.
Frequently asked questions
Penstack Solutions is an active private limited company based in Mysore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 14 May 2015 (11+ years old) and is registered under CIN U74900KA2015PTC080352.
Penstack Solutions has 2 current directors:
- Viren Tumkur Ranjan - Director
- Preeti Agarwal Ranjan - Director
The latest financial statements of Penstack Solutions 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 2016 are in the company report.
The GSTIN of Penstack Solutions is 29AAICP1273F1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Penstack Solutions is U74900KA2015PTC080352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penstack Solutions has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Penstack Solutions was incorporated on 14 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Penstack Solutions by revenue are Eduniya Eretail Private Limited, Cost Price Discount Stores Private Limited, Namrup Technologies Private Limited, Plan Z Digital Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Preeti Agarwal Ranjan was appointed as Director on 14 May 2015. Viren Tumkur Ranjan was appointed as Director on 14 May 2015.
Yes, Penstack Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0009167).
Penstack Solutions can be reached through the website penstack.com. Its registered office is in Mysore, Karnataka, India.