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.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Apps
-
Registered AddressDoor No. Apiii/543 Puthenpurayil Muthukulam South P.O., Kerala, India – 690506
-
IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
|---|---|---|---|
|
|
Rent payments and collections are streamlined via a SaaS platform. | Hyderabad, India, India | 2015 |
|
|
Provides a platform for comprehensive digital coupon solutions to enhance online shopping. | Chennai, India, India | 2011 |
|
|
Offers payment gateways, links, and services for online transactions and business payments. | Noida, India, India | 2009 |
|
|
Money transfers and bill payments are facilitated via mobile app. | Bengaluru, India, India | 2023 |
|
|
Provides FinTech solutions for smart payments, microfinance, and transaction automation services. | Gurugram, India, India | 2006 |
|
|
Digital platform for mobile recharges, bill payments, and gold investments services. | Jaipur, India, India | 2021 |
|
|
Mobile bill payment platform is offered for recharges and transactions. | Mumbai, India, India | 2006 |
|
|
Provides a mobile app for convenient mobile recharges and bill payments. | Chandigarh, India, India | 2017 |
|
|
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Vishal Nair
Also directs:
Teckborn Technologies Private Limited
|
Director | 13 May 2021 | 5 Years 1 Months | Current |
| Sachidananda Krishnappa Kanchan | Director | 13 Jun 2023 | 3 Years 0 Months | Current |
|
Mahadevappa Halagatti
Also directs:
Teckborn Technologies Private Limited
|
Director | 18 Sep 2023 | 2 Years 9 Months | Current |
|
Kuttappan Sureshkumar
Also directs:
Teckborn Technologies Private Limited
|
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.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
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.
| 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 & EPFO Data of Bpsplus Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Bpsplus Private Limited
GSTIN & GST Filing Data of Bpsplus Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Bpsplus Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Bpsplus Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
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.
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.
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.
Recent Activity on Bpsplus Private Limited
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.