Bpsplus Private Limited - financial services in Muthukulam, Kerala, India. FY 2026 financials and compliance.
CIN U74999KL2017PTC049026 Incorporated 28 April 2017 ROC Ernakulam HQ Muthukulam, Kerala, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹1.16 Cr
▼ 89.00% YoY
EBITDA · FY 2025
*****
▲ 84.00% YoY
Net profit · FY 2025
*****
▲ 83.00% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
43
Latest available

About Bpsplus Private Limited

Data last updated: 09 January 2026

Bpsplus Private Limited is a private limited company based in Muthukulam, Kerala, India, recognised as a startup by DPIIT. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 28 April 2017, the company has been in operation for over 9 years.

Registered with ROC Ernakulam under CIN U74999KL2017PTC049026.

Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vishal Nair and Sachidananda Krishnappa Kanchan.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Door No. Apiii/543 Puthenpurayil Muthukulam South P.O., Kerala, India – 690506.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a decline of 89% compared to the previous year.

The company has a workforce of approximately 43 employees as per the latest available data.

The company is associated with 1 brand - Payrup.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payrup.com.

Company Details of Bpsplus Private Limited
CIN U74999KL2017PTC049026
Registration Number 049026
Incorporation Date 28 April 2017
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Apps
  • Registered Address
    Door No. Apiii/543 Puthenpurayil Muthukulam South P.O., Kerala, India – 690506
  • Industry
    Financial Services, Digital Payment Solutions
Company report
Bpsplus Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Bpsplus Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Bpsplus Private Limited

Bpsplus Private Limited operates one associated brand: Payrup. These brands represent Bpsplus Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Digital wallet for mobile recharges, utility payments, and travel services. payrup.com

Competitors & Alternatives of Bpsplus Private Limited

Brands and companies operating in the same space as Bpsplus Private Limited include Paymatrix, Komparify, Paytm Payments and 6 more.

Competitor Description Location Founded
Paymatrix Paymatrix Rent payments and collections are streamlined via a SaaS platform. Hyderabad, India, India 2015
Komparify Komparify Provides a platform for comprehensive digital coupon solutions to enhance online shopping. Chennai, India, India 2011
Paytm Payments Paytm Payments Offers payment gateways, links, and services for online transactions and business payments. Noida, India, India 2009
Innopay Innopay Money transfers and bill payments are facilitated via mobile app. Bengaluru, India, India 2023
AutoPe Payment Solutions AutoPe Payment Solutions Provides FinTech solutions for smart payments, microfinance, and transaction automation services. Gurugram, India, India 2006
EG Payment EG Payment Digital platform for mobile recharges, bill payments, and gold investments services. Jaipur, India, India 2021
Money On Mobile Money On Mobile Mobile bill payment platform is offered for recharges and transactions. Mumbai, India, India 2006
Paulpay Paulpay Provides a mobile app for convenient mobile recharges and bill payments. Chandigarh, India, India 2017
Niflr Niflr Omnichannel grocery retail is operated through self-checkout stores. Bengaluru, India, India 2017

Business Activity of Bpsplus Private Limited

Bpsplus Private Limited is engaged in the principal business activity of support service to organizations, with detailed activities including other support services to organizations.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
N Support service to Organizations N7 Other support services to organizations *********

Auditor Details of Bpsplus Private Limited

Bpsplus Private Limited is audited by CHARLES & CHANDRASEKAR for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
CHARLES & CHANDRASEKAR blur-value blur-value blur-value

Board of Directors of Bpsplus Private Limited

Bpsplus Private Limited is currently managed by 4 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vishal Nair Director 13 May 2021 5 Years 1 Months Current
Sachidananda Krishnappa Kanchan Director 13 Jun 2023 3 Years 0 Months Current
Mahadevappa Halagatti Director 18 Sep 2023 2 Years 9 Months Current
Kuttappan Sureshkumar Additional Director 29 Apr 2017 9 Years 2 Months Current

Financials of Bpsplus Private Limited FY 2025 filings available

Bpsplus Private Limited reported revenue of ₹1.16 Cr (down 89% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹1.16 Cr ▼ -89%
Profit
***** ▲ 83%
EBITDA
***** ▲ 84%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
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Change in Inventory WIP
*****
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Purchase of Traded Goods
*****
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Employee Cost
*****
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Managerial Remuneration
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Audit Fees
*****
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Insurance
*****
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Power & Fuel
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Interest
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Depreciation
*****
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
*****
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Extraordinary Items
*****
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
*****
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Current Tax
*****
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
*****
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
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Reserves & Surplus
*****
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Money Against Warrants
*****
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Other Equity
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
*****
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Deferred Tax Liabilities
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Other Non-Current Liabilities
*****
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
*****
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Short-Term Provisions
*****
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Total Equity & Liabilities
*****
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
*****
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
*****
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
*****
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+ Interest Expense
*****
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
*****
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Net CFO (Cash from Operations)
*****
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
*****
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Net CFI (Cash from Investing)
*****
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Cash from Financing Activities (CFF)
Equity Issuance
*****
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
*****
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
*****
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
*****
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
*****
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Operating Margin %
*****
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ROE %
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ROCE %
*****
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
*****
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Solvency
D/E Ratio
*****
*****
*****
*****
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ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Bpsplus Private Limited

As of FY 2023, Bpsplus Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Bpsplus Private Limited

Bpsplus Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Bpsplus Private Limited

Bpsplus Private Limited has a workforce of 43 employees as of Apr 08, 2024.

Employee count
43
Active EPFO establishments
1
Employee growth
30.3%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Bpsplus Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Bpsplus Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Bpsplus Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Bpsplus Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Bpsplus Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Bpsplus Private Limited

MSME Payment Delays by Bpsplus Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Bpsplus Private Limited

Subsidiaries & Group Companies of Bpsplus Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Bpsplus Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Bpsplus Private Limited

MCA Filings & Documents of Bpsplus Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Bpsplus Private Limited

Activity
30 Sep 2025
Bpsplus Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Bpsplus Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Directors
18 Sep 2023
Mahadevappa Halagatti was appointed as a Director on 18 Sep 2023 & has been associated with this company since 2 years 9 months.
Directors
13 Jun 2023
Sachidananda Krishnappa Kanchan was appointed as a Director on 13 Jun 2023 & has been associated with this company since 3 years 27 days.
Directors
13 May 2021
Vishal Nair was appointed as a Director on 13 May 2021 & has been associated with this company since 5 years 1 month.
Directors
29 Apr 2017
Kuttappan Sureshkumar was appointed as a Additional Director on 29 Apr 2017 & has been associated with this company since 9 years 2 months.

Frequently Asked Questions about Bpsplus Private Limited

Bpsplus Private Limited is an active private limited company in the financial services sector based in Muthukulam, Kerala, India. It was incorporated on 28 April 2017 (9+ years old) and is registered under CIN U74999KL2017PTC049026. The company has 43 employees.

Bpsplus Private Limited reported revenue of ₹1.16 Cr for FY 2025 (down 89.00% YoY).

The current directors of Bpsplus Private Limited are:

The primary industry of Bpsplus Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.

Yes, Bpsplus Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Bpsplus Private Limited can be reached at the registered office: Door No. Apiii543 Puthenpurayil Muthukulam South P.O, Kerala, India – 690506, or through the website payrup.com.

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