Panabyte Technologies Limited - Company overview

Panache Innovations is a listed public limited company, first registered with ROC Mumbai Ii on 16 June 1981.

1981-06-16 Thane, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹5–10 Cr
▲ 4.5%
FY 2023
PROFIT / LOSS
Loss · ₹10–50 Lakh
▼ -4280.4%
FY 2023
EBITDA
₹1–10 Lakh
▲ 58.0%
FY 2023
NET WORTH
₹1–5 Cr
▼ -12.1%
FY 2023
TOTAL ASSETS
₹10–25 Cr
▲ 9.3%
FY 2023
EMPLOYEE COUNT
21–30
OPEN CHARGES
3
1.88 cr
PAID-UP CAPITAL
6.69 cr
AUTHORISED CAPITAL
25.00 cr
COMPANY AGE
45 Years 4 Months
since 1981-06-16
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-23
ACTIVE GST
2
Updated: 2023-11-16 18:14:01
SATISFIED CHARGES
1
35.00 Lakh

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Panache Innovations covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
64/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (68), financial health (50), director (50) and company-foundation signals.
  • Operating for 45+ years.
Compliance Score Moderate
68/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
50/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Positive net worth.
Director Risk Score Moderate
50/100
Board strength, DIN status and churn.
  • 9 directors on the board.
  • Director CHHAYA RAJENDRA BHONSLAY has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Panache Innovations Company identity, industry, contact, and registration details from MCA and company records.

Panache Innovations is a listed public limited company, first registered with ROC Mumbai Ii on 16 June 1981. The registered office is in Thane, Maharashtra. It was earlier known as Ruby Traders & Exporters Ltd.

In its MCA filings the main business is listed as wholesale Trading, which made up 66.27% of turnover.

It has nine directors: Chhaya Rajendra Bhonslay, Prakash Mavji Vichhivora, Hetal Mavji Vichhivora and 6 others. The longest-serving is Prakash Mavji Vichhivora, on the board since 2019; the most recent to join is Chhaya Rajendra Bhonslay, appointed in November 2024. Prakash Mavji Vichhivora is the managing director. 29 former directors are on record; the most recent to leave was Meeta Kaushal Mehta in October 2021.

₹6.69 crore of its ₹25 crore authorised capital is paid up (about 27%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 23 September 2025. Three charges (secured loans) are still open, with Canara Bank among the lenders, and one more has been paid off. Its shares trade on BSE (538742).

Information Technology •••••••• Consumer Electronics & Durables ••••••••
  • Location Office No.105, Primus Business Park, Plot No.A-195 Rd.No.16A, Ambika Nagar-2, Wagle Industr, Thane, Maharashtra - 400604
  • Website panachemodera.com
Name History
Legal NamePanabyte Technologies Limited
CIN / LLPINL51100MH1981PLC312742
Company No.312742
Stock Symbol BSE: 538742
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1981-06-16
Date of AGM2025-09-23
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai Ii
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Panache Innovations (9) Current board members from MCA filings, including designation and appointment details.

C
Director | Since 2024-11-12 | DIN: 07133344
P
Managing Director | Since 2019-05-30 | DIN: 03123043
H
Whole-time director | Since 2019-05-30 | DIN: 03123060
T
Director | Since 2022-01-18 | DIN: 00324922
S
Subhash Navrang Kanojiya
CFO | Since 2024-02-17
N
Director | Since 2024-02-02 | DIN: 10483628

Financial Performance of Panache Innovations Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹5–10 Cr ▲ 4.5%
P&L Loss · ₹10–50 Lakh ▼ -4280.4%
EBITDA ₹1–10 Lakh ▲ 58.0%
Net worth ₹1–5 Cr ▼ -12.1%

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Charges of Panache Innovations Open and satisfied charges registered against the company with MCA.

Canara Bank : 4.08 cr
Open Charges: 3 Satisfied Charges: 1
Open 1.88 cr
Satisfied 35.00 Lakh
LenderAmountStatus
Canara Bank
Creation Date: 08 Jun 2026
50.00 Lakh Open
Canara Bank
Creation Date: 10 Nov 2021
23.00 Lakh Open
Canara Bank
Creation Date: 24 Jun 2020
35.00 Lakh Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
TradeWholesale Trading66.27

Financial Ratios of Panache Innovations Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Panache Innovations Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Panache Innovations EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Panache Innovations GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Panache Innovations Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Panache Innovations MSME supplier payment delays and filing history. Full amounts unlock with your report.

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Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Panache Innovations Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Panache Innovations Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Panache Innovations?
MCA does not publish an "owner" field. Panache Innovations is run by its directors, Chhaya Rajendra Bhonslay, Prakash Mavji Vichhivora, Hetal Mavji Vichhivora and six others, with Prakash Mavji Vichhivora as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Panache Innovations?
Panache Innovations has nine current directors: Chhaya Rajendra Bhonslay (since November 2024), Prakash Mavji Vichhivora (since May 2019), Hetal Mavji Vichhivora (since May 2019), Tejaswini Chandrashekhar More (since January 2022), Subhash Navrang Kanojiya (since February 2024) and Narayan Das Mundhra (since February 2024), plus 3 more. Prakash Mavji Vichhivora is the managing director.
What is CIN of Panache Innovations?
The CIN of Panache Innovations is L51100MH1981PLC312742. Reading it left to right: L means it is listed, 51100 is the industry code it registered under, MH is Maharashtra, 1981 is the year it was registered, PLC is the company type and 312742 is its registration number.
When was Panache Innovations incorporated?
Panache Innovations was incorporated on 16 June 1981 with ROC Mumbai Ii. That makes it more than 45 years old.
What is the registered address of Panache Innovations?
The registered office on MCA records is Office No.105, Primus Business Park, Plot No.A-195 Rd.No.16A, Ambika Nagar-2, Wagle Industr, Thane, Maharashtra - 400604.
What is the current status of Panache Innovations?
MCA shows Panache Innovations as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Panache Innovations?
You can post to its registered office at Office No.105, Primus Business Park, Plot No.A-195 Rd.No.16A, Ambika Nagar-2, Wagle Industr, Thane, Maharashtra - 400604 and use its website, https://panachemodera.com.
What industry or business activity is Panache Innovations associated with?
Its MCA filings list the main business as wholesale Trading (66.27% of turnover).
What is paid-up capital and authorised share capital of Panache Innovations?
Paid-up capital is ₹6.69 crore and authorised capital is ₹25 crore, so about 27% of the authorised amount has been issued.
When did Panache Innovations last file accounts and hold an AGM?
The last AGM on record was on 23 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Panache Innovations?
Three charges against Panache Innovations are still open and one has been satisfied. Lenders named in the filings include Canara Bank.
Have any directors left Panache Innovations?
Yes, 29 former directors are on record. The most recent to leave were Meeta Kaushal Mehta (October 2021), Gaurav Pratap Singh (September 2019) and Rohit Mathur (August 2019).
What is the turnover or revenue of Panache Innovations?
Based on filed financial statements, the revenue of Panache Innovations for FY 2023 was in the ₹5–10 Cr range. That is up 4.5% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Panache Innovations?
For FY 2023, the net worth of Panache Innovations was in the ₹1–5 Cr range.
How can I get the financial details of Panache Innovations?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Panache Innovations?
The website on record for Panache Innovations is https://panachemodera.com.
Which company owns panachemodera.com?
panachemodera.com is the website listed for Panabyte Technologies Limited in its company records.
Is Panache Innovations registered with any stock exchange in India?
It is listed on BSE with scrip code 538742.
Panache Innovations - is it listed or unlisted?
Panache Innovations is a listed company, and its CIN starts with L.
What is the ROC code of Panache Innovations?
Panache Innovations is registered with ROC Mumbai Ii.
What is the company classification of Panache Innovations?
MCA classifies Panache Innovations as: Public Limited Indian Non-Government Company.
Does Panache Innovations have GST registrations on file?
Yes, 2 active GST registrations are linked to Panache Innovations, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.