About Novopay Retail Solutions Private Limited
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Novopay Retail Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 13 March 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U66190KA2023PTC171150.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.26 Lakh. It is led by directors Metlapalli Sridhar Rao and Gautam Bandyopadhyay.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.31 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹3.29 Lakh (net margin -0.2%) and EBITDA of ₹3.38 Lakh (EBITDA margin 0.2%).
The company is associated with 1 brand: Trustt. Court records list 1 case involving the company, including 1 filed by the company.
For more details, the company can be reached via its website novopay.in.
Company details
Contact details
Novopay Retail Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Apps
- Registered AddressII Floor No 18/2A Khata No 629 Ambalipura Village, Sarjapura Main Road Bellandur Gate Varthur Hobli, Bangalore, Karnataka, India – 560102
- 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
Novopay Retail Solutions operates one associated brand: Trustt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified digital solutions for banks and financial institutions are offered. | trustt.com |
Business activity
The main business activity of Novopay Retail Solutions is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Novopay Retail Solutions Private Limited, buy the company report.
Financials of Novopay Retail Solutions Private Limited
FY 2025 filings availableNovopay Retail Solutions Private Limited reported revenue of ₹17.31 Cr (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year. EBITDA fell 87% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profit and Loss Statement | |||
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| Total Expenses | |||
| EBITDA | ₹3.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.29 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.2% | ||
| Net Profit Margin | -0.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Novopay Retail Solutions Private Limited, buy the company report.
Board of directors of Novopay Retail Solutions Private Limited
Novopay Retail Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Metlapalli Sridhar Rao Also directs: Uv Opportunity LLP, Infinumgrowth Learning Private Limited | Director | 13 Mar 2023 | 3 Years 7 Months | Current |
| Gautam Bandyopadhyay | Director | 13 Mar 2023 | 3 Years 7 Months | Current |
Legal cases
Novopay Retail Solutions Private Limited has 1 court case on record: 1 filed by Novopay Retail Solutions. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Revision petition | Filed by the company against an individual | Disposed |
To see the full case history of Novopay Retail Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novopay Retail Solutions 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 Novopay Retail Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Novopay Retail Solutions Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Gautam Bandyopadhyay was appointed as Director on 13 Mar 2023.
Frequently asked questions
Novopay Retail Solutions is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 13 March 2023 (3+ years old) and is registered under CIN U66190KA2023PTC171150.
Novopay Retail Solutions has 2 current directors:
- Metlapalli Sridhar Rao - Director
- Gautam Bandyopadhyay - Director
The latest financial statements of Novopay Retail Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Novopay Retail Solutions is U66190KA2023PTC171150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novopay Retail Solutions has 1 court case on record: 1 filed by the company.
Novopay Retail Solutions was incorporated on 13 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Gautam Bandyopadhyay was appointed as Director on 13 Mar 2023. Metlapalli Sridhar Rao was appointed as Director on 13 Mar 2023.
Novopay Retail Solutions can be reached through the website novopay.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Novopay Retail Solutions is at II Floor No 182A Khata No 629 Ambalipura Village, Sarjapura Main Road Bellandur Gate Varthur Hobli, Bangalore, Karnataka, India – 560102.
Novopay Retail Solutions has 1 associated brand: Trustt.
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