Pennant Technologies Private Limited

Founded in 2005 and headquartered in Telangana, India.

2005 | Hyderabad, Telangana (India) | Active
Last Updated: December 26, 2024

Pennant Technologies Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.18 Cr
  • Company Age 19 Year, 2 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 two 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
  • 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)

NameDesignationAppointment DateStatus
Venkata Penmetsa Country flag representing In Managing Director21-Nov-2005Current

Board Members (4)

NameDesignationAppointment DateStatus
Ramakrishna Eepuri Country flag representing In Director 21-Nov-2005Current
Anurag Chottani Country flag representing In Nominee Director 30-Mar-2024Current
Mudit Mehrish Nominee Director 30-Mar-2024Current
Patnaik Sireesh Country flag representing In Director 30-Mar-2024Current

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%.

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
28.64%
Revenue from Operations
28.09%
Total Assets
45.47%
Profit or Loss
25.76%
Net Worth
18.77%
EBITDA
-4.22%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 12.20 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2022Others₹12.20 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    16 Sep 2024

  • Balance Sheet

    Pennant Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • 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 10 months 2 days .

    30 Mar 2024

  • 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 10 months 2 days .

    30 Mar 2024

  • 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 10 months 2 days .

    30 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 12.20 Cr with Charge ID 100531368 was registered on 20 Jan 2022.

    20 Jan 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Pennant Technologies Private Limited was incorporated on 21 Nov 2005.

  • The authorized share capital of Pennant Technologies Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.18 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Pennant Technologies Private Limited is https://www.pennanttech.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pennant Technologies Private Limited has risen by 28.64%.

  • As Per 2022 financial reports, 401 employees are currently employed by Pennant Technologies Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Pennant Technologies Private Limited amount to ₹ 12.20 Cr.

  • The most recent Balance Sheet for Pennant Technologies Private Limited was filed with the ROC on 31 Mar 2024.