About Changepay MMS Technologies Private Limited
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Changepay MMS Technologies Private Limited is a private limited company based in Tumkur, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC095130. Its GSTIN is 29AAGCC5747D2ZJ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.12 Lakh. It is led by directors including Jeevan Mahadevaiah and Chetan Jaydeep Ravada.
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 Tumkur, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.7 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹8.08 Lakh (net margin -24%) and EBITDA of -₹2.27 Lakh (EBITDA margin -6.7%). Revenue has grown at a compounded annual rate (CAGR) of 64% over five years.
The company is associated with 1 brand: Changepay. The company has 8 deals on record (4 secondary share transfers, 3 convertible or debt financings, 1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in August 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website changepay.co.
Company details
Contact details
Changepay MMS Technologies Private Limited's registered office is in Tumkur, Karnataka. Its website is changepay.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressImpana Arcade Geddalahalli Main Road Next To Hp (Koustuba) Petrol Bunk Kaveri Rd Sapth, Agiri Extn, Tumkur, Karnataka, India – 572102
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Changepay MMS Technologies 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
Changepay MMS Technologies operates one associated brand: Changepay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Integrated local commerce solution for colleges | changepay.co |
Business activity
The main business activity of Changepay MMS Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Changepay MMS Technologies Private Limited, buy the company report.
Financials of Changepay MMS Technologies Private Limited
FY 2025 filings availableChangepay MMS Technologies Private Limited reported revenue of ₹33.7 Lakh (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 14% growth in the latest year. EBITDA fell 358% 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 | -₹2.27 Lakh | ||||
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| Net Profit (PAT) | -₹8.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -6.7% | ||||
| Net Profit Margin | -24% | ||||
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To see the full financial statements and ratios of Changepay MMS Technologies Private Limited, buy the company report.
Board of directors of Changepay MMS Technologies Private Limited
Changepay MMS Technologies has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeevan Mahadevaiah | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Chetan Jaydeep Ravada | Director | 18 Jul 2024 | 2 Years 3 Months | Current |
| Ravichandan Rajaram Haldipur Also directs: Metafer Alloys LLP, Hireinfinity Consulting LLP, Malpe Meen Private Limited and 3 more | Director | 06 Nov 2024 | 1 Years 11 Months | Current |
| Dhyvik Jayadevappa Gavatur | Director | 19 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Changepay MMS Technologies Private Limited is audited by M V Bhandarkar & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V Bhandarkar & Associates | FY 2022 | 019583S |
Shareholding
The shareholding of Changepay MMS Technologies 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) | |||||
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| Others |
To see the full shareholding pattern of Changepay MMS Technologies Private Limited, buy the company report.
Deals & funding
Changepay MMS Technologies Private Limited has 8 deals on record (4 secondary share transfers, 3 convertible or debt financings, 1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in August 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Changepay Mms Technologies Private Limited Employees Welfare Trust Seller: an individual |
| May 2020 | Funding round | ₹76 Lakh | Investors: 4 individuals |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Changepay MMS Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Changepay MMS Technologies 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 Changepay MMS Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Changepay MMS Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC5747D2ZJ | Karnataka | Active | 02 Jul 2019 |
To see the full GST registrations and return filing status of Changepay MMS Technologies Private Limited, buy the company report.
Recent activity
Changepay MMS Technologies Private Limited has 9 board changes on record since 2016: 4 appointments and 5 cessations. The latest: Ravichandan Rajaram Haldipur ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Changepay MMS Technologies is an active private limited company based in Tumkur, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 July 2016 (10+ years old) and is registered under CIN U72200KA2016PTC095130.
Changepay MMS Technologies has 4 current directors:
- Jeevan Mahadevaiah - Director
- Chetan Jaydeep Ravada - Director
- Ravichandan Rajaram Haldipur - Director
- Dhyvik Jayadevappa Gavatur - Director
The latest financial statements of Changepay MMS Technologies 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 FY 2017 are in the company report.
The GSTIN of Changepay MMS Technologies is 29AAGCC5747D2ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Changepay MMS Technologies is U72200KA2016PTC095130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Changepay MMS Technologies was incorporated on 19 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Changepay MMS Technologies has 8 deals on record (4 secondary share transfers, 3 convertible or debt financings, 1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in August 2022.
Ravichandan Rajaram Haldipur ceased to be Additional Director on 29 Sep 2025. Ravichandan Rajaram Haldipur was appointed as Director on 06 Nov 2024. Chetan Jaydeep Ravada ceased to be Additional Director on 29 Sep 2024. Changepay MMS Technologies has 9 board changes on record in total.
Changepay MMS Technologies can be reached through the website changepay.co. Its registered office is in Tumkur, Karnataka, India.
The registered office of Changepay MMS Technologies is at Impana Arcade Geddalahalli Main Road Next To Hp Koustuba Petrol Bunk Kaveri Rd Sapth, Agiri Extn, Tumkur, Karnataka, India – 572102.