H2 Micro Wallet Technologies Private Limited
About H2 Micro Wallet Technologies Private Limited
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H2 Micro Wallet Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT services segment of the services sector. It was incorporated on 26 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2013PTC086619.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naveen Patibandla and Ramesh Babu Thimmana.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No 102B Bn Residency 8 – 3 – 1112 Keshav Nagar Sri Nagar Colony Road, Hyderabad, Telangana, India – 500073.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.84 Lakh (net margin 22.5%) and EBITDA of ₹4.84 Lakh (EBITDA margin 22.5%). Revenue has grown at a compounded annual rate (CAGR) of 183% over three years.
The company is associated with 1 brand: Paynguin.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
H2 Micro Wallet Technologies has one previous CIN (Corporate Identification Number): U72900AP2013PTC086619. The current CIN is U72900TG2013PTC086619, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2013PTC086619 | Current |
| U72900AP2013PTC086619 | Previous |
Contact details
H2 Micro Wallet Technologies Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 102B Bn Residency 8 – 3 – 1112 Keshav Nagar Sri Nagar Colony Road, Hyderabad, Telangana, India – 500073
- IndustryService, Information Technology Services
To see the full contact details of H2 Micro Wallet Technologies 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
H2 Micro Wallet Technologies operates one associated brand: Paynguin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides white-labeled payment solutions tailored for banks. | paynguin.com |
Business activity
The main business activity of H2 Micro Wallet Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of H2 Micro Wallet Technologies Private Limited, buy the company report.
Financials of H2 Micro Wallet Technologies Private Limited
FY 2024 filings availableH2 Micro Wallet Technologies Private Limited reported revenue of ₹21.48 Lakh (up 233% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 183% over three years, including 233% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.84 Lakh | ||||
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| Net Profit (PAT) | ₹4.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 22.5% | ||||
| Net Profit Margin | 22.5% | ||||
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To see the full financial statements and ratios of H2 Micro Wallet Technologies Private Limited, buy the company report.
Board of directors of H2 Micro Wallet Technologies Private Limited
H2 Micro Wallet Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Patibandla | Director | 26 Mar 2013 | 13 Years 6 Months | Current |
| Ramesh Babu Thimmana | Director | 26 Mar 2013 | 13 Years 6 Months | Current |
Peer comparison
H2 Micro Wallet Technologies Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pixxon AI Solutions Private Limited | ₹21.49 Lakh (FY 2024) | -60.0% | Chennai, Tamil Nadu, India | |||
| Esntls Technologies Private Limited | ₹21.49 Lakh (FY 2024) | -6.0% | Ranchi, Jharkhand, India | |||
| Cognota Healthcare Private Limited | ₹21.48 Lakh (FY 2025) | -73.0% | Thane, Maharashtra, India | |||
| H2 Micro Wallet Technologies Private Limitedthis company | ₹21.48 Lakh (FY 2024) | ₹4.84 Lakh | 22.5% | 233.0% | Hyderabad, Telangana, India | |
| Studiqb Private Limited | ₹21.47 Lakh (FY 2024) | 13.0% | Muzaffarpur, Bihar, India | |||
| Appdynamics Technologies India Private Limited | ₹21.47 Lakh (FY 2022) | -96.0% | Bangalore, Karnataka, India | |||
| Udvavan Consultancy Services Private Limited | ₹21.47 Lakh (FY 2022) | 145.0% | Guwahati, Assam, India | |||
| Seo Corporation Private Limited | ₹21.46 Lakh (FY 2025) | -24.0% | Delhi, India |
To see the full peer comparison of H2 Micro Wallet Technologies Private Limited, buy the company report.
Shareholding
The shareholding of H2 Micro Wallet Technologies Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of H2 Micro Wallet Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving H2 Micro Wallet Technologies 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 H2 Micro Wallet Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for H2 Micro Wallet Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
H2 Micro Wallet Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Naveen Patibandla was appointed as Director on 26 Mar 2013.
Frequently asked questions
H2 Micro Wallet Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in information technology services, within the service industry. It was incorporated on 26 March 2013 (13+ years old) and is registered under CIN U72900TG2013PTC086619.
H2 Micro Wallet Technologies has 2 current directors:
- Naveen Patibandla - Director
- Ramesh Babu Thimmana - Director
The latest financial statements of H2 Micro Wallet Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of H2 Micro Wallet Technologies is U72900TG2013PTC086619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H2 Micro Wallet Technologies was incorporated on 26 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of H2 Micro Wallet Technologies by revenue are Pixxon AI Solutions Private Limited, Esntls Technologies Private Limited, Cognota Healthcare Private Limited, Studiqb Private Limited, Appdynamics Technologies India Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Naveen Patibandla was appointed as Director on 26 Mar 2013. Ramesh Babu Thimmana was appointed as Director on 26 Mar 2013.
The registered office of H2 Micro Wallet Technologies is at Flat No 102B Bn Residency 8 – 3 – 1112 Keshav Nagar Sri Nagar Colony Road, Hyderabad, Telangana, India – 500073.
H2 Micro Wallet Technologies operates in the service industry, in the information technology services segment.
The compliance status of H2 Micro Wallet Technologies is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
H2 Micro Wallet Technologies has 1 associated brand: Paynguin.