Pen Music Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 16-07-2024
- Paid Up Capital ₹ 10.00 Cr
as on 16-07-2024
- Company Age 8 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.00 Cr
as on 16-07-2024
- Satisfied Charges ₹ 30.00 Cr
as on 16-07-2024
- Revenue -42.75%
(FY 2023)
- Profit -29.77%
(FY 2023)
- Ebitda -36.32%
(FY 2023)
- Net Worth 10.66%
(FY 2023)
- Total Assets 24.71%
(FY 2023)
About Pen Music
The Corporate was formerly known as Promcreate Holding And Developers Private Limited. The Company is engaged in the Media And Publishing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Reshma Kadakia and Akshay Gada serve as directors at the Company.
- CIN/LLPIN
U64100MH2016PTC283052
- Company No.
283052
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jun 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Pen Music?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshay Gada  | Director | 01-Oct-2021 | Current |
| Reshma Kadakia | Director | 01-Oct-2021 | Current |
Financial Performance and Corporate Structure Insights of Pen Music.
Pen Music Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.75% decrease. The company also saw a substantial fall in profitability, with a 29.77% decrease in profit. The company's net worth Soared by an impressive increase of 10.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pen Music?
In 2023, Pen Music had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bflix Digital And Broadcasting LlpActive 1 year 3 monthsReshma Kadakia and Akshay Gada are mutual person
- Propmax Developers And Holders Private LimitedActive 10 years 5 months
Reshma Kadakia and Akshay Gada are mutual person
- Tyche Entertainment Network Private LimitedActive 6 years 10 months
Reshma Kadakia is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 28 Feb 2023 | ₹25.00 Cr | Open |
Yes Bank Limited Creation Date: 13 Sep 2017 | ₹30.00 Cr | Satisfied |
How Many Employees Work at Pen Music?
Pen Music has a workforce of 56 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pen Music, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pen Music's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
