
About Rechapi Private Limited
Data last updated:
Rechapi Private Limited is a private limited company based in Hazaribag, Jharkhand, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 23 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U74999JH2016PTC008909. Its GSTIN is 20AAHCR8111P1Z9 (Jharkhand). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pawan Kumar and Rajdeep Kumar.
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 Near Gulmohar Inter College Harangunj, Hazaribag, Jharkhand, India – 825301.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.15 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Lakh (net margin 0.1%) and EBITDA of ₹30.73 Lakh (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 23% over five years.
The company is associated with 2 brands: Rechapi and ForPay. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rechapi.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressNear Gulmohar Inter College Harangunj, Hazaribag, Jharkhand, India – 825301
- IndustryE-Commerce, General E-Commerce Platforms
- 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
- One PDF report, delivered after checkout
Business Activity of Rechapi Private Limited
The main business activity of Rechapi is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rechapi Private Limited FY 2025 filings available
Rechapi Private Limited reported revenue of ₹21.15 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rechapi Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 29% fall in the latest year. EBITDA fell 12% 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 of Rechapi Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹30.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.23 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 of Rechapi Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rechapi are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rechapi Private Limited
Rechapi Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aceware Fintech Services Private Limited | ₹24.07 Cr (FY 2025) | •••• | •••• | 592.0% | •••• | Ernakulam, Kerala, India |
| Swacpay Solutions Private Limited | ₹24.01 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Hyderabad, Telangana, India |
| Vgamaa Services Private Limited | ₹23.1 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Karnal, Haryana, India |
| Goodluck Technologies Private Limited | ₹22.96 Cr (FY 2025) | •••• | •••• | 459093.0% | •••• | New Delhi, Delhi, India |
| Bhoopalam Marketing Services Private Limited | ₹21.26 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Shimoga, Karnataka, India |
| Rechapi Private Limited this company | ₹21.15 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Hazaribag, Jharkhand, India |
| Tata Payments Limited | ₹21.05 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Simplified Financial Solutions Private Limited | ₹20.87 Cr (FY 2023) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Airwaave Teleservices Private Limited | ₹20.36 Cr (FY 2019) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Just Click Karo Services Private Limited | ₹20.02 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| QPS Solutions Private Limited | ₹19.1 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Rechapi by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rechapi Private Limited
Rechapi Private Limited is audited by S K DIKSHIT & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K DIKSHIT & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rechapi Private Limited
Rechapi has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar | Director | 23 Jun 2016 | 10 Years 3 Months | Current |
| Rajdeep Kumar | Director | 23 Jun 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Rechapi Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rechapi Private Limited
Rechapi Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Rechapi Private Limited
Rechapi Private Limited has 5 court cases on record: 5 filed by Rechapi. 1 case is pending and 4 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Reserve Bank Innovation Hub | Disposed |
| High Court of Jharkhand | Writ petition | Filed by the company against State of Jharkhand | Pending |
| High Court of Jharkhand | Court case (Cont.(Cvl)) | Filed by the company against State of Jharkhand | Disposed |
| High Court of Jharkhand | Writ petition | Filed by the company against Union of India | Disposed |
| High Court of Jharkhand | Writ petition | Filed by the company against State of Jharkhand | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Rechapi Private Limited
Rechapi operates two associated brands: Rechapi and ForPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers APIs for mobile recharge, DTH, bulk SMS, and utility bill payments services. | rechapi.com | |
| Offers mobile recharges, DTH services, and bill payments through secure app. | forpay.in |
Employees and EPFO Compliance at Rechapi Private Limited
Employment history and EPFO contributions of people linked to Rechapi.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rechapi Private Limited
Rechapi Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Pawan Kumar was appointed as Director on 23 Jun 2016.
Credit Ratings, Litigation & Regulatory Alerts for Rechapi Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rechapi Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rechapi Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rechapi Private Limited
Rechapi has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAHCR8111P1Z9 | Jharkhand | Active | 07 Jul 2017 |
| 06AAHCR8111P2ZY | Haryana | Active | 11 Feb 2021 |
| 07AAHCR8111P1ZX | Delhi | Active | 02 Mar 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rechapi Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rechapi Private Limited
Rechapi is an active private limited company based in Hazaribag, Jharkhand, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 23 June 2016 (10+ years old) and is registered under CIN U74999JH2016PTC008909.
Rechapi reported revenue of ₹21.15 Cr for FY 2025 (down 29% YoY).
Rechapi has 2 current directors:
- Pawan Kumar - Director
- Rajdeep Kumar - Director
Rechapi reported a net profit of ₹1.23 Lakh (net margin 0.1%) and EBITDA of ₹30.73 Lakh (EBITDA margin 1.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rechapi is -31% over three years and -23% over five years. In the latest year (FY 2025) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rechapi is 20AAHCR8111P1Z9, registered in Jharkhand. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAHCR8111P2ZY (Haryana), 07AAHCR8111P1ZX (Delhi).
The CIN (Corporate Identification Number) of Rechapi is U74999JH2016PTC008909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rechapi has 5 court cases on record: 5 filed by the company. 1 is pending.
Rechapi was incorporated on 23 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Rechapi by revenue are Aceware Fintech Services Private Limited, Swacpay Solutions Private Limited, Vgamaa Services Private Limited, Goodluck Technologies Private Limited, Bhoopalam Marketing Services Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Pawan Kumar was appointed as Director on 23 Jun 2016. Rajdeep Kumar was appointed as Director on 23 Jun 2016.