Grapefruit Payment Solutions Private Limited
About Grapefruit Payment Solutions Private Limited
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Grapefruit Payment Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Synergistic Financial Networks Private Limited. It operates in the prepaid card services segment of the financial services sector. It was incorporated on 23 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2021PTC362609. Its GSTIN is 27AAJCG0947L1Z8 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ritesh Khetan and Sumit Chopra.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 801/802/803 Wing A 8th Floor Sagartech Plaza Andheri Kurla Road Sakinaka, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹44.3 Lakh (net margin -1.1%) and EBITDA of ₹71.31 Lakh (EBITDA margin 1.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered Address801/802/803 Wing A 8th Floor Sagartech Plaza Andheri Kurla Road Sakinaka, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Prepaid Card Services
- 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
- One PDF report, delivered after checkout
Business Activity of Grapefruit Payment Solutions Private Limited
The main business activity of Grapefruit Payment Solutions is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grapefruit Payment Solutions Private Limited FY 2025 filings available
Grapefruit Payment Solutions Private Limited reported revenue of ₹41.4 Cr (up 413% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grapefruit Payment Solutions Private Limited
Revenue rose 413% in the latest year. EBITDA rose 749% 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 of Grapefruit Payment Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹71.31 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹44.3 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Grapefruit Payment Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• |
| Net Profit Margin | -1.1% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grapefruit Payment Solutions are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Prepaid and Cash Cards). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mobismart Card Technology Limited | ₹56.32 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Chingleput, Tamil Nadu, India |
| Earnest Data Analytics Private Limited | ₹52.9 Cr (FY 2025) | •••• | •••• | 328.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Evernew Business Services Private Limited | ₹50.02 Cr (FY 2021) | •••• | •••• | •••• | Kalyan, Maharashtra, India | |
| Oneconsumer Services Private Limited | ₹49.06 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Eprss Prepaid Recharge Services India Private Limited | ₹44.23 Cr (FY 2019) | •••• | •••• | -32.0% | •••• | Pune, Maharashtra, India |
| Grapefruit Payment Solutions Private Limited this company | ₹41.4 Cr (FY 2025) | •••• | •••• | 413.0% | •••• | Mumbai, Maharashtra, India |
| Scapia Technology Private Limited | ₹40.42 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Bangalore, Karnataka, India |
| RST Semiconductors Private Limited | ₹38.87 Cr (FY 2024) | •••• | •••• | 146.0% | •••• | Allahabad, Uttar Pradesh, India |
| Swipenow Solutions Private Limited | ₹26.25 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| M.Kesh India Private Limited | ₹23.47 Cr (FY 2022) | •••• | •••• | 851.0% | •••• | Aurangabad, Maharashtra, India |
| Koxax Ventures Private Limited | ₹18.46 Cr (FY 2025) | •••• | •••• | 244.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Grapefruit Payment Solutions by revenue in the BFSI industry (Prepaid and Cash Cards), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions Private Limited is audited by BSR & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BSR & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Khetan | Director | 23 Jan 2023 | 3 Years 8 Months | Current |
| Sumit Chopra | Director | 23 Jan 2023 | 3 Years 8 Months | Current |
| Navin Ashokkumar Chandani | Director | 11 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Grapefruit Payment Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Innergize Solutions Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions Private Limited has a workforce of 0 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions Private Limited has 12 board changes on record since 2022: 3 appointments and 9 cessations. The latest: Navin Ashokkumar Chandani ceased to be Additional Director on 28 Sep 2023.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Grapefruit Payment Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grapefruit Payment Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCG0947L1Z8 | Maharashtra | Active | 12 Sep 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Grapefruit Payment Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Grapefruit Payment Solutions Private Limited
Grapefruit Payment Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in prepaid card services, within the financial services industry. It was incorporated on 23 June 2021 (5+ years old) and is registered under CIN U74999MH2021PTC362609.
Grapefruit Payment Solutions reported revenue of ₹41.4 Cr for FY 2025 (up 413% YoY).
Grapefruit Payment Solutions has 3 current directors:
- Ritesh Khetan - Director
- Sumit Chopra - Director
- Navin Ashokkumar Chandani - Director
Grapefruit Payment Solutions reported a net loss of ₹44.3 Lakh (net margin -1.1%) and EBITDA of ₹71.31 Lakh (EBITDA margin 1.7%) for FY 2025, as per its filed financial statements.
The GSTIN of Grapefruit Payment Solutions is 27AAJCG0947L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Grapefruit Payment Solutions is U74999MH2021PTC362609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grapefruit Payment Solutions was incorporated on 23 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Grapefruit Payment Solutions by revenue are Mobismart Card Technology Limited, Earnest Data Analytics Private Limited, Evernew Business Services Private Limited, Oneconsumer Services Private Limited, Eprss Prepaid Recharge Services India Private Limited and 5 more, all in the BFSI industry (Prepaid and Cash Cards).
Navin Ashokkumar Chandani ceased to be Additional Director on 28 Sep 2023. Ritesh Khetan ceased to be Additional Director on 28 Sep 2023. Sumit Chopra ceased to be Additional Director on 28 Sep 2023. Grapefruit Payment Solutions has 12 board changes on record in total.
Grapefruit Payment Solutions has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 18 Nov 2023.
The registered office of Grapefruit Payment Solutions is at 801802803 Wing A 8th Floor Sagartech Plaza Andheri Kurla Road Sakinaka, Mumbai, Maharashtra, India – 400072.
Grapefruit Payment Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.