About Onus Payment Systems India Private Limited
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Onus Payment Systems India Private Limited was a private limited company based in Bengaluru, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 09 February 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2010PTC052426. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.01 Cr. It was led by directors Gouri Srinivas Gorti and Hariharan Sankararaman.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 301 3rd Floor Chicago Avenue Building Cunningham Road Bengaluru – 560052, Karnataka, India – 560052.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.7 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹29.95 Lakh and EBITDA of -₹31.65 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 44% over five years.
The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.2 Cr; the latest was in November 2016.
The last known website on record is onuscards.com.
Company details
Contact details
Onus Payment Systems India Private Limited's registered office is in Bengaluru, Karnataka. Its website is onuscards.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address301 3rd Floor Chicago Avenue Building Cunningham Road Bengaluru – 560052, Karnataka, India – 560052
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Onus Payment Systems India 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
Financials of Onus Payment Systems India Private Limited
FY 2023 filings availableOnus Payment Systems India Private Limited reported revenue of ₹1.7 Lakh (down 92% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 92% fall 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 | |||||
| Other Income | |||||
| Total Revenue | ₹1.7 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.95 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 | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Onus Payment Systems India Private Limited, buy the company report.
Board of directors of Onus Payment Systems India Private Limited
Onus Payment Systems India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gouri Srinivas Gorti Also directs: 42 Card Solutions Private Limited | Director | 09 Feb 2010 | 16 Years 8 Months | As last reported |
| Hariharan Sankararaman | Director | 09 Feb 2010 | 16 Years 8 Months | As last reported |
Auditor
Onus Payment Systems India Private Limited is audited by P.K.SUBRAMANIAM & co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K.SUBRAMANIAM & co | FY 2022 | 004135S |
Shareholding
The shareholding of Onus Payment Systems India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Onus Payment Systems India Private Limited, buy the company report.
Deals & funding
Onus Payment Systems India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.2 Cr; the latest was in November 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Funding round | ₹4.5 Cr | Investors: Roedean Investments Limited, Global Scope Investments Limited, an individual |
| Jun 2016 | Funding round | ₹57.9 Lakh | Investors: an individual |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2011 | Funding round | ₹12.6 Lakh | Investors: IIM Bangalore |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Onus Payment Systems India 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 Onus Payment Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Onus Payment Systems India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Onus Payment Systems India Private Limited, buy the company report.
Recent activity
Onus Payment Systems India Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Ravishankar Kadayambaty Sadashivan ceased to be Director on 15 Jul 2020.
Frequently asked questions
Onus Payment Systems India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Onus Payment Systems India was a private limited company based in Bengaluru, Karnataka, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 09 February 2010 and is registered under CIN U74999KA2010PTC052426. The company has been struck off by the Registrar of Companies and is no longer operational.
Onus Payment Systems India had 2 directors:
- Gouri Srinivas Gorti - Director
- Hariharan Sankararaman - Director
The CIN (Corporate Identification Number) of Onus Payment Systems India is U74999KA2010PTC052426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Onus Payment Systems India is at 301 3rd Floor Chicago Avenue Building Cunningham Road Bengaluru – 560052, Karnataka, India – 560052.
Onus Payment Systems India was incorporated on 09 February 2010. It is registered with the Registrar of Companies, Bangalore.
Onus Payment Systems India can be reached through the website onuscards.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Onus Payment Systems India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Onus Payment Systems India has 1 GST registration on record and it is cancelled or inactive.
Onus Payment Systems India operated in the travel and hospitality industry, in the consumer professional services segment. It worked in this industry before it was struck off.
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