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Absird Financial Technologies Private Limited
Absird Financial Technologies Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹89.38 Lakh
▲ 715% YoY
Net loss · FY 2024
₹4.08 Cr
Net margin -457%
EBITDA · FY 2024
-₹5.77 Cr
Latest filing
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹1.19 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Absird Financial Technologies Private Limited
Data last updated:
Absird Financial Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 22 April 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC160353. Its GSTIN is 29AAWCA8748A1Z5 (Karnataka).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1.19 Lakh. It is led by directors including Rishav Dokania and Arpit Bajpai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 7, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.38 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.08 Cr (net margin -457%) and EBITDA of -₹5.77 Cr.
The company is associated with 1 brand: RocketPay. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹11.42 Cr; the latest was in October 2023.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900KA2022PTC160353
Registration Number 160353
Incorporation Date 22 April 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Absird Financial Technologies
Contact details
Absird Financial Technologies Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address365 Shared Space First Floor No. 917, Sector 7, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Absird Financial Technologies Private Limited, buy the company report.
Comprehensive company report
Absird Financial Technologies 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
Absird Financial Technologies operates one associated brand: RocketPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based recurring payment collection solutions for businesses | rocketpay.co.in |
Business activity
The main business activity of Absird Financial Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Absird Financial Technologies Private Limited, buy the company report.
Financials of Absird Financial Technologies Private Limited
FY 2024 filings availableAbsird Financial Technologies Private Limited reported revenue of ₹89.38 Lakh (up 715% YoY) for FY 2024.
Revenue · FY 2024
₹89.38 Lakh ▲ 715%
Net loss · FY 2024
₹4.08 Cr margin -457%
EBITDA · FY 2024
-₹5.77 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 715%
EBITDA CAGR growth
1 year
▼ 187%
Revenue rose 715% in the latest year. EBITDA fell 187% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹5.77 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.08 Cr | |
| 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | -457% | |
| 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 Absird Financial Technologies Private Limited, buy the company report.
Board of directors of Absird Financial Technologies Private Limited
Absird Financial Technologies has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishav Dokania Also directs: Punah Punah Utility Technologies Private Limited | Director | 22 Apr 2022 | 4 Years 6 Months | Current |
| Arpit Bajpai Also directs: Nodd Ventures Private Limited | Director | 22 Apr 2022 | 4 Years 6 Months | Current |
| Ishan Sharma | Director | 22 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Absird Financial Technologies Private Limited is audited by B V C & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B V C & CO. | FY 2023 | 008154S |
Shareholding
The shareholding of Absird Financial Technologies Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Absird Financial Technologies Private Limited, buy the company report.
Deals & funding
Absird Financial Technologies Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹11.42 Cr; the latest was in October 2023.
Total deals
4
Funding rounds
2
Rights issue
1
Convertible or debt financing
1
Disclosed funding
₹11.42 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Funding round | ₹12.4 Lakh | Investors: All In Capital |
| Sep 2022 | Funding round | ₹6.31 Cr | Investors: iSeed, Hme Ventures LLP , All In Capital |
| Jun 2022 | Rights issue | ₹80,000 | Investors: 4 individuals |
To see the full deal history of Absird Financial Technologies Private Limited, buy the company report.
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 Absird Financial Technologies 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 Absird Financial Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Absird Financial Technologies Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Absird Financial Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCA8748A1Z5 | Karnataka | Active | 11 Jul 2022 |
To see the full GST registrations and return filing status of Absird Financial Technologies Private Limited, buy the company report.
Recent activity
Absird Financial Technologies Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Arpit Bajpai was appointed as Director on 22 Apr 2022.
AGM
Absird Financial Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Absird Financial Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Arpit Bajpai was appointed as Director.
Appointed
Ishan Sharma was appointed as Director.
Appointed
Rishav Dokania was appointed as Director.
Incorporation
22 Apr 2022
Absird Financial Technologies Private Limited was registered on 22 Apr 2022 with Roc Bangalore & aged 4 years 6 months as per MCA records.
Frequently asked questions
Absird Financial Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 22 April 2022 (4+ years old) and is registered under CIN U72900KA2022PTC160353.
Absird Financial Technologies has 3 current directors:
- Rishav Dokania - Director
- Arpit Bajpai - Director
- Ishan Sharma - Director
The latest financial statements of Absird Financial Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Absird Financial Technologies is 29AAWCA8748A1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Absird Financial Technologies is U72900KA2022PTC160353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Absird Financial Technologies was incorporated on 22 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Absird Financial Technologies has 4 deals on record (2 funding rounds, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹11.42 Cr; the latest was in October 2023.
Arpit Bajpai was appointed as Director on 22 Apr 2022. Ishan Sharma was appointed as Director on 22 Apr 2022. Rishav Dokania was appointed as Director on 22 Apr 2022.
Yes, Absird Financial Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Absird Financial Technologies is at 365 Shared Space First Floor No. 917, Sector 7, Bangalore, Karnataka, India – 560102.