Ciphersquare Digital Private Limited
About Ciphersquare Digital Private Limited
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Ciphersquare Digital Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Rnfi Services Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 22 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018PTC340872. Its GSTIN is 07AAJCR2146J1Z8 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rnfi Cms Services Private Limited. It is led by directors Ranveer Khyaliya and Nitesh Kumar Sharma.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ug – 5 Relipay House Plot No.42 DLF Industrial Area Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.11 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 0.9%) and EBITDA of ₹4.72 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 43% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: RNFI Services. As per MCA filings, the company has satisfied charges of ₹20 Lakh on record.
Company details
Contact details
Ciphersquare Digital Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUg – 5 Relipay House Plot No.42 DLF Industrial Area Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Ciphersquare Digital 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
Ciphersquare Digital operates one associated brand: RNFI Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital payment services including gateways, remittances, and recharges are provided. | rnfiservices.com |
Business activity
The main business activity of Ciphersquare Digital is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ciphersquare Digital Private Limited, buy the company report.
Financials of Ciphersquare Digital Private Limited
FY 2025 filings availableCiphersquare Digital Private Limited reported revenue of ₹1.11 Cr (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA rose 92% 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 | ₹4.72 Lakh | ||||
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| Net Profit (PAT) | ₹1.05 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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| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Ciphersquare Digital Private Limited, buy the company report.
Board of directors of Ciphersquare Digital Private Limited
Ciphersquare Digital has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranveer Khyaliya | Director | 16 Jan 2020 | 6 Years 9 Months | Current |
| Nitesh Kumar Sharma | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
Auditor
Ciphersquare Digital Private Limited is audited by NARBARIYA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARBARIYA & ASSOCIATES LLP | FY 2023 | N500340 |
Shareholding
The shareholding of Ciphersquare Digital Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ciphersquare Digital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2020 | 100331869 | Others | ₹20 Lakh | Satisfied |
To see the full charge records of Ciphersquare Digital Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ciphersquare Digital 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 Ciphersquare Digital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ciphersquare Digital Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 1 |
GST
Ciphersquare Digital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCR2146J1Z8 | Delhi | Active | 06 Feb 2019 |
To see the full GST registrations and return filing status of Ciphersquare Digital Private Limited, buy the company report.
Recent activity
Ciphersquare Digital Private Limited has 8 board changes on record since 2018: 5 appointments and 3 cessations. The latest: Kapil Chawla ceased to be Director on 05 Feb 2022.
1 earlier event is in the company report.
Frequently asked questions
Ciphersquare Digital is an active private limited company based in New Delhi, Delhi, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 22 October 2018 (8+ years old) and is registered under CIN U74999DL2018PTC340872.
Ciphersquare Digital has 2 current directors:
- Ranveer Khyaliya - Director
- Nitesh Kumar Sharma - Director
The latest financial statements of Ciphersquare Digital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 July 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ciphersquare Digital is 07AAJCR2146J1Z8, registered in Delhi.
The CIN (Corporate Identification Number) of Ciphersquare Digital is U74999DL2018PTC340872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ciphersquare Digital was incorporated on 22 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Kapil Chawla ceased to be Director on 05 Feb 2022. Nitesh Kumar Sharma was appointed as Director on 04 Feb 2022. Sharad Kumar Ahuja ceased to be Director on 20 Jan 2020. Ciphersquare Digital has 8 board changes on record in total.
The registered office of Ciphersquare Digital is at Ug – 5 Relipay House Plot No.42 DLF Industrial Area Kirti Nagar, New Delhi, Delhi, India – 110015.
Ciphersquare Digital operates in the financial services industry, in the digital payment solutions segment.
Ciphersquare Digital has no open charges and satisfied charges of ₹20 Lakh as per latest MCA filings.
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