History & Growth

About Us

Vision & Mission | History & Growth | Promoter Directors

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  • Penver Products Pvt Ltd was set up in 1996 on rented premises by Philips Thomas and Vinod Kumar, two experienced seafood professionals.
  • In 1999, it was incorporated as a Private Limited Company.
  • In 2006, the Company built its own processing facility.
  • In 2011, Penver set up a restaurant in Bengaluru.
  • In 2015, the Company set up a 1,25,000sqft seafood processing facility, in Nellore District of Andhra Pradesh. It also integrated backwards by entering into aquaculture.
  • During 2015, Madhukrishna Ganta and during 2016, Abdul Kareem joined as Directors of the Company.
  • The Company’s growth may be summed up as under:

Year 2009-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17
Exports (USD)

8.4

13.0

14.5

16.7

31.2

34.0

28.8

56.0

Exports (Rs Crores)

41.66

62.02

70.35

90.18

188.92

226.77

204.05

403.4