- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-19-0019919

About Intelligent Payment Solutions Private Limited
Data last updated:
Intelligent Payment Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 24 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC181545. Its GSTIN is 27AAHCA0407D1ZA (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.13 Lakh. It was formerly known as Ascent Prints Private Limited. It is led by directors Vikas Bhagchand Choudhary and Kajal Vikas Choudhary.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 22 Floor 6th Plot 45 D Venus Chs Ltd Dr R G Thadani Marg Podar Hospital, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.68 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹30.55 Lakh (net margin 5.4%) and EBITDA of ₹47.82 Lakh (EBITDA margin 8.4%).
Intelligent Payment Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019919). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website intelligentpayments.co.in.
Company details
CIN history
Intelligent Payment Solutions has one previous CIN (Corporate Identification Number): U22219MH2008PTC181545. The current CIN is U74999MH2008PTC181545, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2008PTC181545 | Current |
| U22219MH2008PTC181545 | Previous |
Recognitions & Rankings of Intelligent Payment Solutions
Contact details
Intelligent Payment Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is intelligentpayments.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22 Floor 6th Plot 45 D Venus Chs Ltd Dr R G Thadani Marg Podar Hospital, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Intelligent Payment Solutions 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
Business activity
The main business activity of Intelligent Payment Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Intelligent Payment Solutions Private Limited, buy the company report.
Financials of Intelligent Payment Solutions Private Limited
FY 2022 filings availableIntelligent Payment Solutions Private Limited reported revenue of ₹5.68 Cr (up 9% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA rose 171% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.68 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹47.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.55 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 5.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Intelligent Payment Solutions Private Limited, buy the company report.
Board of directors of Intelligent Payment Solutions Private Limited
Intelligent Payment Solutions 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 |
|---|---|---|---|---|
| Vikas Bhagchand Choudhary | Director | 01 Mar 2012 | 14 Years 7 Months | Current |
| Kajal Vikas Choudhary Also directs: K Smart Shop LLP, Anuvyoma Innovations Private Limited | Director | 16 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Intelligent Payment Solutions Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextspeed Technologies Private Limited | ₹5.75 Cr (FY 2025) | 86.0% | Hyderabad, Telangana, India | |||
| Intelligent Payment Solutions Private Limitedthis company | ₹5.68 Cr (FY 2022) | ₹30.55 Lakh | 5.4% | 9.0% | Mumbai, Maharashtra, India | |
| Mpurse Services Private Limited | ₹5.68 Cr (FY 2024) | 183.0% | New Delhi, Delhi, India | |||
| Thnxpe Fintech India Private Limited | ₹5.48 Cr (FY 2025) | 254367.0% | New Delhi, Delhi, India |
To see the full peer comparison of Intelligent Payment Solutions Private Limited, buy the company report.
Auditor
Intelligent Payment Solutions Private Limited is audited by SAGAR JARIWALA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAGAR JARIWALA & CO | FY 2021 | 138044W |
Shareholding
The shareholding of Intelligent Payment Solutions Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Intelligent Payment Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Intelligent Payment Solutions 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 Intelligent Payment Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Intelligent Payment Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA0407D1ZA | Maharashtra | Active | 25 Jun 2019 |
To see the full GST registrations and return filing status of Intelligent Payment Solutions Private Limited, buy the company report.
Recent activity
Intelligent Payment Solutions Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Kajal Vikas Choudhary was appointed as Director on 16 Aug 2019.
Frequently asked questions
Intelligent Payment Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 24 April 2008 (18+ years old) and is registered under CIN U74999MH2008PTC181545.
Intelligent Payment Solutions has 2 current directors:
- Vikas Bhagchand Choudhary - Director
- Kajal Vikas Choudhary - Director
The latest financial statements of Intelligent Payment Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Intelligent Payment Solutions is 27AAHCA0407D1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Intelligent Payment Solutions is U74999MH2008PTC181545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intelligent Payment Solutions was incorporated on 24 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Intelligent Payment Solutions by revenue are Nextspeed Technologies Private Limited, Mpurse Services Private Limited, Thnxpe Fintech India Private Limited, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other support services to organizations).
Kajal Vikas Choudhary was appointed as Director on 16 Aug 2019. Kishin Nanikram Gidwani ceased to be Director on 16 Aug 2019. Ghanshyam Lakhmichand Chugh ceased to be Director on 06 Mar 2012. Intelligent Payment Solutions has 6 board changes on record in total.
Yes, Intelligent Payment Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0019919).
Intelligent Payment Solutions can be reached through the website intelligentpayments.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Intelligent Payment Solutions is at 22 Floor 6th Plot 45 D Venus Chs Ltd Dr R G Thadani Marg Podar Hospital, Mumbai, Maharashtra, India – 400018.