Pennant Technologies Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 3.18 Cr
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.20 Cr
- Revenue Growth 28.64%
- Profit Growth 25.76%
- Ebitda -4.22%
- Net Worth 18.77%
- Total Assets 45.47%
About Pennant Technologies
Pennant Technologies Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 November 2005 and has a history of 19 years and three months. Its registered office is in Hyderabad, Telangana, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 3.18 Cr.
The company currently has active open charges totaling ₹12.20 Cr.
Ramakrishna Eepuri, Venkata Penmetsa, Anurag Chottani, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U68200TG2005PTC048119
- Company No.
048119
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Nov 2005
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Information Technology
Who are the key members and board of directors at Pennant Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Penmetsa  | Managing Director | 21-Nov-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramakrishna Eepuri | Director | 21-Nov-2005 | Current |
| Anurag Chottani | Nominee Director | 30-Mar-2024 | Current |
| Mudit Mehrish | Nominee Director | 30-Mar-2024 | Current |
| Patnaik Sireesh | Director | 30-Mar-2024 | Current |
Financial Performance of Pennant Technologies.
Pennant Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.64% increase. The company also saw a substantial improvement in profitability, with a 25.76% increase in profit. The company's net worth Soared by an impressive increase of 18.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pennant Technologies?
In 2022, Pennant Technologies had a promoter holding of 75.34% and a public holding of 24.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Snapwork Technologies Private LimitedAnurag Chottani is a mutual person
Pennant Projects LlpRamakrishna Eepuri is a mutual person
- Pennant Ventures Private Limited
Ramakrishna Eepuri and Venkata Penmetsa are mutual person
Charges (Loans)
Open Charges
₹12.20 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 12.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2022 | Others | ₹12.20 Cr | Open |
How Many Employees Work at Pennant Technologies?
Pennant Technologies has a workforce of 401 employees as of Apr 08, 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 Pennant 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 Pennant Technologies'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.
Latest Updates, News, and FAQs on Pennant Technologies
Recent activity within the organization
- Annual General Meeting
Pennant Technologies Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
- Balance Sheet
Pennant Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Anurag Krishan Chottani was appointed as a Nominee Director was appointed as a Nominee Director on 30 Mar 2024 & has been associated with this company since 11 months 4 days .
- Director Appointment
Mudit Mehrish was appointed as a Nominee Director was appointed as a Nominee Director on 30 Mar 2024 & has been associated with this company since 11 months 4 days .
- Director Appointment
Patnaik Sireesh was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 11 months 4 days .
- Charges
A charge with Others amounted to Rs. 12.20 Cr with Charge ID 100531368 was registered on 20 Jan 2022.
Recent News, Updates & Announcement
Pennant Group's Stock on the Rise: A Closer Look at Their Success in the Home Healthcare Industry.Me: *sees Pennant Group's stock rise* Also me: *googles what they do* Turns out they're a big deal in the home healthcare game. Gotta keep an eye on them, might be a good investment. #pennantgroup #homehealthcare #stocks.
- Bajaj Finance Acquires 26% Stake in Pennant Tech for 267.50 Crore, Q2 Results to Reveal Significant Profit and Growth, Analysts Predict 34% Increase in Profit and 29% in NII, Loan Book Expected to Grow 33%, RBI Imposes 8.50 Lakh Fine, Company Plans to Raise Additional 1200 Crore. Expert Advice Recommended Before Investing..
Bajaj Finance bought 26% of Pennant Tech for 267.50 crore. Bajaj Finance's Q2 results expected to show big profit and growth. Analysts predict 34% increase in profit and 29% increase in NII. Margins and spreads may decrease slightly. Loan book expected to grow 33%. Bajaj Finance raised 8800 crore and plans to raise 1200 crore more. RBI fined them 8.50 lakh for not following rules. Remember to consult experts before investing..
Frequently asked questions
What is the Incorporation or founding date of Pennant Technologies Private Limited?
Pennant Technologies Private Limited was incorporated on 21 Nov 2005.
What is authorized share capital and paid-up capital of Pennant Technologies Private Limited?
The authorized share capital of Pennant Technologies Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.18 Cr.
Who are the current board members & directors of Pennant Technologies Private Limited?
Currently 5 directors are associated with Pennant Technologies Private Limited.
- Ramakrishna Raju Eepuri
- Venkata Satya Pradeep Kumar Varma Penmetsa
- Anurag Krishan Chottani
- Mudit Mehrish
- Patnaik Sireesh
What is the registered address of Pennant Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pennant Technologies Private Limited is Cyber Gateway Block B Level 1 Wing 2 L T Infocity Hitec City, Madhapur India, Hyderabad, Telangana, 500081.
What is the corporate identification number (CIN) and company number of Pennant Technologies Private Limited?
The corporate identification number (CIN) of Pennant Technologies Private Limited is U68200TG2005PTC048119 and the company number is 048119 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pennant Technologies Private Limited?
The Official website of Pennant Technologies Private Limited is https://www.pennanttech.com
What has been the recent revenue trend for Pennant Technologies Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Pennant Technologies Private Limited has risen by 28.64%.
How many employees does Pennant Technologies Private Limited currently have?
As Per 2022 financial reports, 401 employees are currently employed by Pennant Technologies Private Limited.
What change has been observed in the net worth of Pennant Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Pennant Technologies Private Limited has experienced an upsurge of 18.77%.
What are the total open charges for Pennant Technologies Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Pennant Technologies Private Limited amount to ₹ 12.20 Cr.
When was the last Balance Sheet of Pennant Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Pennant Technologies Private Limited was filed with the ROC on 31 Mar 2024.