
About Bima Pay Technology Private Limited
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Bima Pay Technology Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2021PTC377273. Its GSTIN is 07AAJCB6457G1ZH (Delhi).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Saurabh Garg and Shelly Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No.44 Ground Floor Lord Krishna Road Blk – D Adarsh Nagar, New Delhi, Delhi, India – 110033.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.08 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.86 Cr (net margin 11.9%) and EBITDA of ₹8.61 Cr (EBITDA margin 35.8%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years.
The company is associated with 1 brand: BimaPay.
Bima Pay Technology Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-04-0004689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bimapay.in.
Company details
Recognitions & Rankings of Bima Pay Technology
- Udyam number
- UDYAM-DL-04-0004689
Contact details
Bima Pay Technology Private Limited's registered office is in New Delhi, Delhi. Its website is bimapay.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No.44 Ground Floor Lord Krishna Road Blk – D Adarsh Nagar, New Delhi, Delhi, India – 110033
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Bima Pay Technology Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bima Pay Technology operates one associated brand: BimaPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Insurance premiums are financed online for individuals and businesses. | bimapay.in |
Business activity
The main business activity of Bima Pay Technology is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Bima Pay Technology Private Limited, buy the company report.
Financials of Bima Pay Technology Private Limited
FY 2025 filings availableBima Pay Technology Private Limited reported revenue of ₹24.08 Cr (up 801% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 57% over three years, including 801% growth in the latest year. EBITDA rose 242% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.61 Cr | ||||
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| Net Profit (PAT) | ₹2.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 35.8% | ||||
| Net Profit Margin | 11.9% | ||||
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To see the full financial statements and ratios of Bima Pay Technology Private Limited, buy the company report.
Board of directors of Bima Pay Technology Private Limited
Bima Pay Technology has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Garg | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
| Shelly Garg Also directs: Mufin Technologies Private Limited | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
Auditor
Bima Pay Technology Private Limited is audited by Pawan Shyam Jain & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pawan Shyam Jain & Co. | FY 2022 | 012082N |
Shareholding
The shareholding of Bima Pay Technology Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bima Pay Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bima Pay Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bima Pay Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bima Pay Technology Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Bima Pay Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCB6457G1ZH | Delhi | Active | 18 Apr 2021 |
To see the full GST registrations and return filing status of Bima Pay Technology Private Limited, buy the company report.
Recent activity
Bima Pay Technology Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Shelly Garg ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Bima Pay Technology is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 February 2021 (5+ years old) and is registered under CIN U72200DL2021PTC377273.
Bima Pay Technology has 2 current directors:
- Saurabh Garg - Director
- Shelly Garg - Director
The latest financial statements of Bima Pay Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Bima Pay Technology is 07AAJCB6457G1ZH, registered in Delhi.
The CIN (Corporate Identification Number) of Bima Pay Technology is U72200DL2021PTC377273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bima Pay Technology was incorporated on 19 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Shelly Garg ceased to be Additional Director on 30 Sep 2022. Saurabh Garg ceased to be Additional Director on 29 Sep 2022. Kapil Garg ceased to be Director on 30 Sep 2021. Bima Pay Technology has 6 board changes on record in total.
Yes, Bima Pay Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Bima Pay Technology is registered as an MSME under Udyam registration (number: UDYAM-DL-04-0004689).
Bima Pay Technology can be reached through the website bimapay.in. Its registered office is in New Delhi, Delhi, India.