About American Express(India) Private Limited
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American Express(India) Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of American Express International Inc. It operates in the prepaid card services segment of the financial services sector. It was incorporated on 28 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC059865. Its GSTIN is 07AAACA8163F3ZS (Delhi). The company holds 26 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹27.54 Cr. It is led by directors including Madhurima Khandelwal Gupta (Whole-Time Director) and Amiy Amitabh (Whole-Time Director).
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 Metropolitan – Saket 7th Floor Office Block District Centre Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹9,976.39 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1,185.97 Cr (net margin 11.9%) and EBITDA of ₹1,990.94 Cr (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 21% over five years.
The company has about 18,200 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: American Express Banking and American Express. As per MCA filings, the company has satisfied charges of ₹121 Cr on record. Court records list 85 cases involving the company, including 7 filed by the company and 78 filed against it; 15 cases are 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 americanexpress.com.
Company details
Contact details
American Express(India) Private Limited's registered office is in New Delhi, Delhi. Its website is americanexpress.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressMetropolitan – Saket 7th Floor Office Block District Centre Saket, New Delhi, Delhi, India – 110017
- IndustryFinancial Services, Prepaid Card Services
To see the full contact details of American Express(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
Brands
American Express(India) operates two associated brands: American Express Banking and American Express. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides payments, corporate cards, banking, and financial services for businesses. | aexp.com | |
| Financial products for individuals and businesses are compared online. | americanexpress.com |
Business activity
The main business activity of American Express(India) is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of American Express(India) Private Limited, buy the company report.
Financials of American Express(India) Private Limited
FY 2025 filings availableAmerican Express(India) Private Limited reported revenue of ₹9,976.39 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 31% growth in the latest year. EBITDA rose 31% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1,990.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,185.97 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | ||||
| Net Profit Margin | 11.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of American Express(India) Private Limited, buy the company report.
Board of directors of American Express(India) Private Limited
American Express(India) has 8 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhurima Khandelwal Gupta | Whole-Time Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Amiy Amitabh | Whole-Time Director | 29 Sep 2023 | 3 Years 1 Months | Current |
| Shikha Sharma | Whole-Time Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Inderpreet Singh Bindra | Whole-Time Director | 13 Nov 2024 | 1 Years 11 Months | Current |
| Amandeep Singh Juneja | Whole-Time Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Vibha Bajaj | Whole-Time Director | 22 Jul 2025 | 1 Years 3 Months | Current |
Auditor
American Express(India) Private Limited is audited by Price Waterhouse & Co. Chartered Accountants LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co. Chartered Accountants LLP | FY 2024 | 304026E/E300009 |
Shareholding
The shareholding of American Express(India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of American Express(India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2006 | 10023827 | American Express Bank Limited | ₹46 Cr | Satisfied | |
| 02 Aug 2002 | 80016990 | Americanexpressbanklimited | ₹75 Cr | Satisfied |
To see the full charge records of American Express(India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
American Express(India) Private Limited has 85 court cases on record: 7 filed by American Express(India), 78 filed against it. 15 cases are pending and 70 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 65 | 63 | 14 |
| High courts | 19 | 14 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Revision petition | Filed against the company by an individual | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Sirmaur, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Pending |
| District court, Bilaspur, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Pending |
To see the full case history of American Express(India) 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
American Express(India) Private Limited has 27 MSME Form 1 returns on record between 2018 and 2024, listing 1,245 overdue payments to 145 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 145)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Acktron Security System (P)Ltd | |||
| Bsa Citi Couriers Private Limited | |||
| an individual supplier | |||
| S.G.Equipments and Machines Private Limited | |||
| an individual supplier |
To see the full MSME payment records of American Express(India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
American Express(India) has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| American Express Business Solutions (India) Private Limited | U74140DL2015PTC277109 |
To see the full group structure of American Express(India) Private Limited, buy the company report.
Employees & EPFO
American Express(India) Private Limited has a workforce of 18,200 employees on its EPFO records as of Nov 07, 2025, across 1 active EPFO establishment.
GST
American Express(India) has 26 GST registrations: 21 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA8163F3ZS | Delhi | Active | 26 Jul 2017 |
| 07AAACA8163F4ZR | Delhi | Active | 26 Jul 2017 |
| 07AAACA8163F1C5 | Delhi | Active | 17 Sep 2020 |
| 06AAACA8163F1ZW | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of American Express(India) Private Limited, buy the company report.
Recent activity
American Express(India) Private Limited has 48 board changes on record since 2008: 11 appointments and 37 cessations. The latest: Ajay Malhotra was appointed as Whole-Time Director on 17 Nov 2025.
44 earlier events are in the company report.
News
Frequently asked questions
American Express(India) is an active private limited company based in New Delhi, Delhi, India. The company works in prepaid card services, within the financial services industry. It was incorporated on 28 June 1994 (32+ years old) and is registered under CIN U74899DL1994PTC059865.
American Express(India) has 8 current directors:
- Madhurima Khandelwal Gupta - Whole-Time Director
- Amiy Amitabh - Whole-Time Director
- Shikha Sharma - Whole-Time Director
- Inderpreet Singh Bindra - Whole-Time Director
- Amandeep Singh Juneja - Whole-Time Director
- Vibha Bajaj - Whole-Time Director
- Ajay Malhotra - Whole-Time Director
- Vinit Jain - Whole-Time Director
The latest financial statements of American Express(India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of American Express(India) is 07AAACA8163F3ZS, registered in Delhi. The company has 26 GST registrations in all, of which 21 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAACA8163F4ZR (Delhi), 07AAACA8163F1C5 (Delhi), 06AAACA8163F1ZW (Haryana).
The CIN (Corporate Identification Number) of American Express(India) is U74899DL1994PTC059865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
American Express(India) has 85 court cases on record: 7 filed by the company and 78 filed against it. 15 are pending. Most are in the district courts.
American Express(India) was incorporated on 28 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Ajay Malhotra was appointed as Whole-Time Director on 17 Nov 2025. Vinit Jain was appointed as Whole-Time Director on 17 Nov 2025. Vibha Bajaj was appointed as Whole-Time Director on 22 Jul 2025. American Express(India) has 48 board changes on record in total.
American Express(India) has 27 MSME Form 1 returns on record between 2018 and 2024, listing 1,245 overdue payments to 145 micro and small suppliers. The latest return was filed on 30 Apr 2024.
American Express(India) can be reached through the website americanexpress.com. Its registered office is in New Delhi, Delhi, India.
The registered office of American Express(India) is at Metropolitan – Saket 7th Floor Office Block District Centre Saket, New Delhi, Delhi, India – 110017.
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