Penn Information Technologies Private Limited

IT company providing training, SAP solutions, and application development services to clients worldwide.

2004 | Hyderabad, Telangana (India) | Active
Last Updated: July 02, 2024

Penn Information Technologies Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth %
  • Profit Growth -2062.22%
  • Ebitda -3975.73%
  • Net Worth -11.71%
  • Total Assets 0.68%

About Penn Information Technologies

Penn Information Technologies Private Limited (PITPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 August 2004 and has a history of 20 years and six months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Elaprolu Technologies Private Limited. The Company is engaged in the Information Technology 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company has closed loans amounting to ₹1.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chennupati Bhanu and Harish Karthikeyan serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2004PTC043833

  • Company No.

    043833

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Penn Information Technologies?

Board Members (2)

Name Designation Appointment Date Status
Harish Karthikeyan Country flag representing In Additional Director 31-Mar-2020 Current
Chennupati Bhanu Country flag representing In Additional Director 31-Mar-2020 Current

Financial Performance of Penn Information Technologies.

Penn Information Technologies Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 2062.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.71%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
0.68%
Profit or Loss
-2062.22%
Net Worth
-11.71%
EBITDA
-3975.73%

What is the Ownership and Shareholding Structure of Penn Information Technologies?

In 2023, Penn Information Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.10 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2014 Idbi Bank Limited ₹1.00 M Satisfied

How Many Employees Work at Penn Information Technologies?

Penn Information Technologies has a workforce of 0 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Penn Information Technologies, 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 Penn Information Technologies's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Penn Information Technologies

Recent activity within the organization

  • Annual General Meeting

    Penn Information Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Penn Information Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Chennupati Uday Bhanu was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2020 & has been associated with this company since 4 years 10 months .

    31 Mar 2020

  • Director Appointment

    Harish Sharadha Karthikeyan was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2020 & has been associated with this company since 4 years 10 months .

    31 Mar 2020

  • Charges

    A charge registered on 28 Mar 2014 via Charge ID 10526179 with Idbi Bank Limited was fully satisfied on 18 Feb 2016.

    18 Feb 2016

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 0.10 Cr with Charge ID 10526179 was registered on 28 Mar 2014.

    28 Mar 2014

Frequently asked questions

  • Penn Information Technologies Private Limited was incorporated on 05 Aug 2004.

  • The authorized share capital of Penn Information Technologies Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 2 directors are associated with Penn Information Technologies Private Limited.

    • Chennupati Uday Bhanu
    • Harish Sharadha Karthikeyan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Penn Information Technologies Private Limited is Plot No. 20 Nanakramguda Serilingampally, Hyderabad, Telangana, India, 500008.

  • The corporate identification number (CIN) of Penn Information Technologies Private Limited is U72200TG2004PTC043833 and the company number is 043833 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Penn Information Technologies Private Limited is https://www.penninfotech.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Penn Information Technologies Private Limited has experienced an downturn of -11.71%.

  • The most recent Balance Sheet for Penn Information Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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