About Pinwheel Ventures Private Limited
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Pinwheel Ventures Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2013PTC094054. Its GSTIN is 33AAMCA2212P1ZO (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.99 Lakh. It is led by directors including Gunasekaran Akbar Chezhian and Nithiyanandhan Ananthakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at New No 4 Old No – 10 Vivekananda Street Annai Indra Nagar Velachery, Chennai, Tamil Nadu, India – 600042.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.22 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹9.39 Cr (net margin 22.8%) and EBITDA of ₹12.57 Cr (EBITDA margin 30.5%). Revenue has grown at a compounded annual rate (CAGR) of 163% over three years and 78% over five years.
The company has about 136 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Algorics. As per MCA filings, the company has open charges of ₹1.26 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in April 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website algorics.com.
Company details
Contact details
Pinwheel Ventures Private Limited's registered office is in Chennai, Tamil Nadu. Its website is algorics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew No 4 Old No – 10 Vivekananda Street Annai Indra Nagar Velachery, Chennai, Tamil Nadu, India – 600042
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Pinwheel Ventures 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
Pinwheel Ventures operates one associated brand: Algorics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for data analytics and risk management for clinical trials | algorics.com |
Business activity
The main business activity of Pinwheel Ventures is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Pinwheel Ventures Private Limited, buy the company report.
Financials of Pinwheel Ventures Private Limited
FY 2024 filings availablePinwheel Ventures Private Limited reported revenue of ₹41.22 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years, including 47% growth in the latest year. EBITDA rose 151% 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 | ₹12.57 Cr | ||||
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| Net Profit (PAT) | ₹9.39 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 30.5% | ||||
| Net Profit Margin | 22.8% | ||||
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To see the full financial statements and ratios of Pinwheel Ventures Private Limited, buy the company report.
Board of directors of Pinwheel Ventures Private Limited
Pinwheel Ventures has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunasekaran Akbar Chezhian Also directs: Sabarmathi of South Agro Private Limited | Director | 05 Dec 2013 | 12 Years 10 Months | Current |
| Nithiyanandhan Ananthakrishnan | Director | 05 Dec 2013 | 12 Years 10 Months | Current |
| Sathya Thirugnana Sambandham | Additional Director | 15 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Pinwheel Ventures Private Limited is audited by RVKS and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RVKS and Associates | FY 2023 | 008572S |
Shareholding
The shareholding of Pinwheel Ventures 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Pinwheel Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2024 | 100956149 | Hdfc Bank Limited | ₹23.15 Lakh | Open | |
| 20 Mar 2024 | 100940958 | Others | ₹61.66 Lakh | Open | |
| 27 Apr 2023 | 100713849 | Hdfc Bank Limited | ₹40.97 Lakh | Open |
Total charge records: 3 View all charges
Deals & funding
Pinwheel Ventures Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in April 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Algorithm Inc |
| Oct 2014 | Funding round | ₹10 Lakh | Investors: Algorithm Inc |
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 Pinwheel Ventures 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 Pinwheel Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pinwheel Ventures Private Limited has a workforce of 136 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Pinwheel Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCA2212P1ZO | Tamil Nadu | Active | 09 May 2023 |
| 29AAMCA2212P1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pinwheel Ventures Private Limited, buy the company report.
Recent activity
Pinwheel Ventures Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Sathya Thirugnana Sambandham was appointed as Additional Director on 15 Apr 2024.
News
Frequently asked questions
Pinwheel Ventures is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 December 2013 (13+ years old) and is registered under CIN U72900TN2013PTC094054.
Pinwheel Ventures has 3 current directors:
- Gunasekaran Akbar Chezhian - Director
- Nithiyanandhan Ananthakrishnan - Director
- Sathya Thirugnana Sambandham - Additional Director
The latest financial statements of Pinwheel Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pinwheel Ventures is 33AAMCA2212P1ZO, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAMCA2212P1ZD (Karnataka).
The CIN (Corporate Identification Number) of Pinwheel Ventures is U72900TN2013PTC094054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pinwheel Ventures was incorporated on 05 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Pinwheel Ventures has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in April 2019.
Sathya Thirugnana Sambandham was appointed as Additional Director on 15 Apr 2024. Abby Valiaparambathu Abraham ceased to be Additional Director on 27 Sep 2017. Gunasekaran Akbar Chezhian was appointed as Director on 05 Dec 2013. Pinwheel Ventures has 4 board changes on record in total.
Pinwheel Ventures can be reached through the website algorics.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Pinwheel Ventures is at New No 4 Old No – 10 Vivekananda Street Annai Indra Nagar Velachery, Chennai, Tamil Nadu, India – 600042.
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