DPIIT recognised startup Government of India
Startup India
Kpay Innovation Private Limited - financial services in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.8 Lakh
▲ 0% YoY
Net loss · FY 2025
₹26.07 Lakh
Net margin -188.9%
EBITDA · FY 2025
-₹22.16 Lakh
EBITDA margin -160.6%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Kpay Innovation Private Limited
Data last updated:
Kpay Innovation Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 13 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC176025. Its GSTIN is 27AAHCK0617M1ZD (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ravi Shrikant Pittie and Aditya Shrikant Pittie.
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 7th Floor Onyx Bldg North Main Road Koregoan Park Nr. Hotel Westin, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.8 Lakh. For the same year it recorded a net loss of ₹26.07 Lakh (net margin -188.9%) and EBITDA of -₹22.16 Lakh (EBITDA margin -160.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company is associated with 1 brand: KPay Innovation.
Kpay Innovation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0266138). For more details, the company can be reached via its website kpayasyougo.com.
Company details
CIN U74999PN2018PTC176025
Registration Number 176025
Incorporation Date 13 April 2018
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0266138
Key People
Ravi Shrikant Pittie Director Aditya Shrikant Pittie Director Shruti Mayur Chadha Director Recognitions & Rankings of Kpay Innovation
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0266138
Contact details
Kpay Innovation Private Limited's registered office is in Pune, Maharashtra. Its website is kpayasyougo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7th Floor Onyx Bldg North Main Road Koregoan Park Nr. Hotel Westin, Pune, Maharashtra, India – 411001
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Kpay Innovation Private Limited, buy the company report.
Comprehensive company report
Kpay Innovation Private Limited - one report that includes everything
- 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
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Brands
Kpay Innovation operates one associated brand: KPay Innovation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pay-as-you-go platform for device payments and accessibility without upfront costs. | kpayasyougo.com |
Financials of Kpay Innovation Private Limited
FY 2025 filings availableKpay Innovation Private Limited reported revenue of ₹13.8 Lakh for FY 2025.
Revenue · FY 2025
₹13.8 Lakh
Net loss · FY 2025
₹26.07 Lakh margin -188.9%
EBITDA · FY 2025
-₹22.16 Lakh margin -160.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 2%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.8 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹22.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.07 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -160.6% | ||||
| Net Profit Margin | -188.9% | ||||
| 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 Kpay Innovation Private Limited, buy the company report.
Board of directors of Kpay Innovation Private Limited
Kpay Innovation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Shrikant Pittie | Director | 13 Apr 2018 | 8 Years 6 Months | Current |
| Aditya Shrikant Pittie | Director | 13 Apr 2018 | 8 Years 6 Months | Current |
| Shruti Mayur Chadha | Director | 28 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Kpay Innovation Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Payment Gateways), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KP Growth Hub Private Limited | ₹14.73 Lakh (FY 2025) | 126.0% | Jalore, Rajasthan, India | |||
| Payzone Trading Services Private Limited | ₹14.67 Lakh (FY 2025) | -92.0% | Ludhiana, Punjab, India | |||
| Telecanor Global Limited | ₹14.49 Lakh (FY 2021) | -88.0% | Hyderabad, Telangana, India | |||
| Kpay Innovation Private Limitedthis company | ₹13.8 Lakh (FY 2025) | -₹26.07 Lakh | -188.9% | Pune, Maharashtra, India | ||
| Mobicash India Private Limited | ₹12.54 Lakh (FY 2025) | -64.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kpay Innovation Private Limited, buy the company report.
Auditor
Kpay Innovation Private Limited is audited by SHAH KHANDELWAL JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH KHANDELWAL JAIN & ASSOCIATES | FY 2023 | 049278 |
Shareholding
The shareholding of Kpay Innovation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kpay Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kpay Innovation 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
Kpay Innovation Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Kpay Innovation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kpay Innovation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCK0617M1ZD | Maharashtra | Active | 08 Nov 2018 |
To see the full GST registrations and return filing status of Kpay Innovation Private Limited, buy the company report.
Recent activity
Kpay Innovation Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Shruti Mayur Chadha ceased to be Additional Director on 29 Sep 2023.
AGM
Kpay Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kpay Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Shruti Mayur Chadha ceased to be Additional Director.
Appointed
Shruti Mayur Chadha was appointed as Director.
Appointed
Aditya Shrikant Pittie was appointed as Director.
Appointed
Ravi Shrikant Pittie was appointed as Director.
Incorporation
13 Apr 2018
Kpay Innovation Private Limited was registered on 13 Apr 2018 with Roc Pune & aged 8 years 6 months as per MCA records.
Frequently asked questions
Kpay Innovation is an active private limited company based in Pune, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 13 April 2018 (8+ years old) and is registered under CIN U74999PN2018PTC176025.
Kpay Innovation has 3 current directors:
- Ravi Shrikant Pittie - Director
- Aditya Shrikant Pittie - Director
- Shruti Mayur Chadha - Director
The latest financial statements of Kpay Innovation 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 2019 are in the company report.
The GSTIN of Kpay Innovation is 27AAHCK0617M1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kpay Innovation is U74999PN2018PTC176025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kpay Innovation was incorporated on 13 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Kpay Innovation by revenue are KP Growth Hub Private Limited, Payzone Trading Services Private Limited, Telecanor Global Limited, Mobicash India Private Limited, all in the BFSI industry (Payment Gateways), with the same principal business activity (other information & communication service activities).
Shruti Mayur Chadha ceased to be Additional Director on 29 Sep 2023. Shruti Mayur Chadha was appointed as Director on 28 Aug 2023. Aditya Shrikant Pittie was appointed as Director on 13 Apr 2018. Kpay Innovation has 4 board changes on record in total.
Yes, Kpay Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Kpay Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0266138).
Kpay Innovation has 4 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
Kpay Innovation can be reached through the website kpayasyougo.com. Its registered office is in Pune, Maharashtra, India.
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