Bango 22 India Private Limited
About Bango 22 India Private Limited
Data last updated:
Bango 22 India Private Limited is a foreign private limited company based in Gurugram, Haryana, India, a subsidiary of Docomo Digital Germany Gmbh. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 27 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR2013FTC049672. Its GSTIN is 06AAFCB5481J1ZI (Haryana).
The company has an authorised share capital of ₹48.7 Cr and a paid-up capital of ₹47.61 Cr. It is led by directors including Matthew Jonathan Garner and Sandeep Bansal.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Unit No. 507 5th Floor Vipul Business Park Sector – 48 Sohna Road, Gurugram, Haryana, India – 122018.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.47 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹1.5 Cr (net margin -27.3%) and EBITDA of -₹1.46 Cr (EBITDA margin -26.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 40% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bango 22 India Private Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 507 5th Floor Vipul Business Park Sector – 48 Sohna Road, Gurugram, Haryana, India – 122018
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Bango 22 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 Bango 22 India Private Limited
FY 2024 filings availableBango 22 India Private Limited reported revenue of ₹5.47 Cr (up 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. EBITDA rose 46% 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 | ₹5.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.8% | ||||
| Net Profit Margin | -27.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bango 22 India Private Limited, buy the company report.
Board of directors of Bango 22 India Private Limited
Bango 22 India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Matthew Jonathan Garner | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Rachel Christine Ellis | Additional Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Sandeep Bansal Also directs: RT Seafoods Processing India Private Limited, Kohyei India Private Limited, Biz Flare Services Private Limited and 5 more | Director | 28 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Bango 22 India Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bango 22 India Private Limitedthis company | ₹5.47 Cr (FY 2022) | -₹1.5 Cr | -27.3% | 17.0% | 9 | Gurugram, Haryana, India |
| Villa Plus Private Limited | ₹3.18 Cr (FY 2025) | 2.0% | Pune, Maharashtra, India | |||
| Cresitatech IT Solutions Private Limited | ₹3.17 Cr (FY 2024) | 0.0% | Jaipur, Rajasthan, India | |||
| Univva Business Solutions Private Limited | ₹3.17 Cr (FY 2023) | 11.0% | Bangalore, Karnataka, India | |||
| Bhanu Scientific Systems Private Limited. | ₹3.16 Cr (FY 2025) | -20.0% | Telangana, India | |||
| Protocol Automation Technologies Private Limited | ₹3.15 Cr (FY 2025) | 27.0% | Bangalore, Karnataka, India | |||
| Adept Enterprise Solutions India Private Limited | ₹3.13 Cr (FY 2023) | 214.0% | Visakhapatnam, Andhra Pradesh, India |
To see the full peer comparison of Bango 22 India Private Limited, buy the company report.
Auditor
Bango 22 India Private Limited is audited by KNM & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KNM & ASSOCIATES LLP | FY 2022 | 016015N/N500356 |
Shareholding
The shareholding of Bango 22 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 Bango 22 India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bango 22 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
Bango 22 India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Virtuous Corporate Advisors Private Limited |
To see the full MSME payment records of Bango 22 India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bango 22 India Private Limited has a workforce of 9 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Bango 22 India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCB5481J1ZI | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bango 22 India Private Limited, buy the company report.
Recent activity
Bango 22 India Private Limited has 15 board changes on record since 2014: 3 appointments and 12 cessations. The latest: Rachel Christine Ellis was appointed as Additional Director on 14 Jun 2024.
6 earlier events are in the company report.
Frequently asked questions
Bango 22 India is an active foreign private limited company based in Gurugram, Haryana, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 27 June 2013 (13+ years old) and is registered under CIN U72200HR2013FTC049672.
Bango 22 India has 3 current directors:
- Matthew Jonathan Garner - Director
- Rachel Christine Ellis - Additional Director
- Sandeep Bansal - Director
The latest financial statements of Bango 22 India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bango 22 India is 06AAFCB5481J1ZI, registered in Haryana.
The CIN (Corporate Identification Number) of Bango 22 India is U72200HR2013FTC049672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bango 22 India was incorporated on 27 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Bango 22 India by revenue are Villa Plus Private Limited, Cresitatech IT Solutions Private Limited, Univva Business Solutions Private Limited, Bhanu Scientific Systems Private Limited, Protocol Automation Technologies Private Limited and 1 more, all in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities).
Rachel Christine Ellis was appointed as Additional Director on 14 Jun 2024. Matthew Jonathan Garner ceased to be Additional Director on 29 Sep 2023. Yoginder Singh ceased to be Additional Director on 21 Sep 2023. Bango 22 India has 15 board changes on record in total.
Bango 22 India has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.
The registered office of Bango 22 India is at Unit No. 507 5th Floor Vipul Business Park Sector – 48 Sohna Road, Gurugram, Haryana, India – 122018.
Bango 22 India operates in the financial services industry, in the digital payment solutions segment.
The compliance status of Bango 22 India is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.
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