Akonto Payment Solutions Private Limited
About Akonto Payment Solutions Private Limited
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Akonto Payment Solutions Private Limited is a private limited company based in Delhi, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 20 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200UP2015PTC237582. Its GSTIN is 07AANCA9702F1ZM (Delhi).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹29.44 Lakh. It was formerly known as Akonto Payment Solutions Opc Private Limited. It is led by directors Abhishek Tyagi and Ashish Tyagi.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 190/A – I Kh No. 74/15. 1st Floor Naveen Vihar Village Begampur Near Lal, Mandir, Delhi, India – 110086.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.99 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Lakh (net margin 37.6%) and EBITDA of ₹3.07 Lakh (EBITDA margin 51.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
The company is associated with 1 brand: AkontoPay.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Akonto Payment Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200UP2015PTC237582, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200UP2015PTC237582 | Current |
| U72200DL2015OPC287647 | Previous |
| U72200DL2015PTC287647 | Previous |
Contact details
Akonto Payment Solutions Private Limited's registered office is in Delhi, Delhi.
- Registered AddressPlot No. 190/A – I Kh No. 74/15. 1st Floor Naveen Vihar Village Begampur Near Lal, Mandir, Delhi, India – 110086
- IndustryFinancial Services, Digital Payment Solutions
- 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
Akonto Payment Solutions operates one associated brand: AkontoPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers secure online payment processing and integration for businesses worldwide. | akontopay.com |
Business activity
The main business activity of Akonto Payment 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 Akonto Payment Solutions Private Limited, buy the company report.
Financials of Akonto Payment Solutions Private Limited
FY 2024 filings availableAkonto Payment Solutions Private Limited reported revenue of ₹5.99 Lakh (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 99% fall in the latest year. EBITDA fell 96% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.07 Lakh | ||||
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| Net Profit (PAT) | ₹2.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 51.2% | ||||
| Net Profit Margin | 37.6% | ||||
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To see the full financial statements and ratios of Akonto Payment Solutions Private Limited, buy the company report.
Board of directors of Akonto Payment Solutions Private Limited
Akonto Payment Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Tyagi Also directs: Tybros Technologies Private Limited | Director | 19 Nov 2021 | 4 Years 11 Months | Current |
| Ashish Tyagi | Director | 20 Nov 2015 | 10 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Akonto Payment Solutions 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 Akonto Payment Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akonto Payment Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AANCA9702F1ZM | Delhi | Active | 19 Nov 2020 |
To see the full GST registrations and return filing status of Akonto Payment Solutions Private Limited, buy the company report.
Recent activity
Akonto Payment Solutions Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Abhishek Tyagi ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Akonto Payment Solutions is an active private limited company based in Delhi, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 20 November 2015 (11+ years old) and is registered under CIN U72200UP2015PTC237582.
Akonto Payment Solutions has 2 current directors:
- Abhishek Tyagi - Director
- Ashish Tyagi - Director
The latest financial statements of Akonto Payment Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Akonto Payment Solutions is 07AANCA9702F1ZM, registered in Delhi.
The CIN (Corporate Identification Number) of Akonto Payment Solutions is U72200UP2015PTC237582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akonto Payment Solutions was incorporated on 20 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Abhishek Tyagi ceased to be Additional Director on 30 Nov 2021. Abhishek Tyagi was appointed as Director on 19 Nov 2021. Swati Tyagi ceased to be Director on 19 Nov 2021. Akonto Payment Solutions has 6 board changes on record in total.
The registered office of Akonto Payment Solutions is at Plot No. 190A – I Kh No. 7415. 1st Floor Naveen Vihar Village Begampur Near Lal, Mandir, Delhi, India – 110086.
Akonto Payment Solutions operates in the financial services industry, in the digital payment solutions segment.
The compliance status of Akonto Payment Solutions is compliant as of 18 August 2026. The company is actively filing with the Registrar of Companies.