MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0028348
Digital India Payments Limited - financial services in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹65,784
▼ 99% YoY
Net loss · FY 2024
₹1.61 Lakh
Net margin -244.4%
EBITDA · FY 2024
-₹1.61 Lakh
EBITDA margin -244.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹7.93 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
11
Provident fund records
About Digital India Payments Limited
Data last updated:
Digital India Payments Limited is a public limited company based in Thane, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 13 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2013PLC250051. Its GSTIN is 27AAFCG4020L1ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7.93 Lakh. It was formerly known as Green India Agrofoods Exim Limited. It is led by directors including Mayank Sinha and Shashikant Pandey.
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 Sector 19, Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹65,784, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Lakh (net margin -244.4%) and EBITDA of -₹1.61 Lakh (EBITDA margin -244.4%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 78% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Digital India Payments. As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 1 case is pending. The company has 15 deals on record (7 funding rounds, 5 rights issues, 3 secondary share transfers), with disclosed funding of ₹11.21 Cr; the latest was in October 2019. Its 3 peer companies in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 1 smaller; the largest is PND Chits Private Limited with revenue of ₹87,500.
Digital India Payments Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0028348). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digitalindiapayments.com.
Company details
CIN U72200MH2013PLC250051
Registration Number 250051
Incorporation Date 13 November 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0028348
CIN history
Digital India Payments has one previous CIN (Corporate Identification Number): U01403MH2013PLC250051. The current CIN is U72200MH2013PLC250051, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2013PLC250051 | Current |
| U01403MH2013PLC250051 | Previous |
Recognitions & Rankings of Digital India Payments
Contact details
Digital India Payments Limited's registered office is in Thane, Maharashtra. Its website is digitalindiapayments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 273 Plot No. 19, Sector 19D Satra Plaza Vashi Navi Mumbai, Thane, Maharashtra, India – 400705
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Digital India Payments Limited, buy the company report.
Comprehensive company report
Digital India Payments Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Digital India Payments operates one associated brand: Digital India Payments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of digital payment and financial transaction services | digitalindiapayments.com |
Business activity
The main business activity of Digital India Payments 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 |
Financials of Digital India Payments Limited
FY 2025 filings availableDigital India Payments Limited reported revenue of ₹65,784 (down 99% YoY) for FY 2024.
Revenue · FY 2024
₹65,784 ▼ 99%
Net loss · FY 2024
₹1.61 Lakh margin -244.4%
EBITDA · FY 2024
-₹1.61 Lakh margin -244.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 83%
5 years · compounded
▼ 78%
EBITDA CAGR growth
1 year
▼ 102%
3 years · compounded
▼ 35%
5 years · compounded
▲ 72%
Revenue has declined at a compounded annual rate (CAGR) of 78% over five years, including a 99% fall in the latest year. EBITDA fell 102% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹1.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.61 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -244.4% | ||||
| Net Profit Margin | -244.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Digital India Payments Limited, buy the company report.
Board of directors of Digital India Payments Limited
Digital India Payments has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Sinha Also directs: Flawlesscoat Boutique LLP, BNC Eco-Feed Solution LLP | Director | 28 Dec 2019 | 6 Years 9 Months | Current |
| Shashikant Pandey | Director | 25 Mar 2023 | 3 Years 7 Months | Current |
| Surya Kant Pandey | Director | 25 Mar 2023 | 3 Years 7 Months | Current |
| Raushan Kumar Pandey | Director | 25 Mar 2023 | 3 Years 7 Months | Current |
| Niranjan Dandey | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Digital India Payments Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PND Chits Private Limited | ₹87,500 (FY 2022) | Chennai, Tamil Nadu, India | ||||
| Cazhon Technologies India Private Limited | ₹85,652 (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Digital India Payments Limitedthis company | ₹65,784 (FY 2024) | -₹1.61 Lakh | -244.4% | -99.0% | 11 | Thane, Maharashtra, India |
| Madhavam Digital Payment Service Private Limited | ₹61,269 (FY 2025) | Panipat, Haryana, India |
To see the full peer comparison of Digital India Payments Limited, buy the company report.
Auditor
Digital India Payments Limited is audited by Santina C Pereira & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Santina C Pereira & Associates | FY 2022 | 148371 |
Shareholding
The shareholding of Digital India Payments 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 Digital India Payments Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2019 | 100259176 | Others | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Digital India Payments Limited has 15 deals on record (7 funding rounds, 5 rights issues, 3 secondary share transfers), with disclosed funding of ₹11.21 Cr; the latest was in October 2019.
Total deals
15
Funding rounds
7
Rights issues
5
Secondary share transfers
3
Disclosed funding
₹11.21 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Rights issue | ₹25.9 Lakh | Investors: Chemi-Pharmex Private Limited |
| Jun 2019 | Rights issue | ₹18.2 Lakh | Investors: Chemi-Pharmex Private Limited , 3 individuals |
| Aug 2018 | Funding round | ₹2.46 Cr | Investors: Chemi-Pharmex Private Limited , 3 individuals |
| Nov 2017 | Funding round | ₹1 Cr | Investors: Wedgewood Holdings LLP |
| Feb 2016 | Funding round | ₹1.64 Cr | Investors: 4 individuals |
To see the full deal history of Digital India Payments 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
Digital India Payments Limited has 7 court cases on record: 2 filed by Digital India Payments, 5 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 1 | 1 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Xplore Tech Services Pvt.Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Kimuro Solutions OPC Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Kimuro Solutions OPC Private Limited | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax, Circle 1( and 4 others | Disposed |
To see the full case history of Digital India Payments Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Digital India Payments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Digital India Payments Limited has a workforce of 11 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-67.65%
GST
Digital India Payments has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG4020L1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Digital India Payments Limited, buy the company report.
Recent activity
Digital India Payments Limited has 19 board changes on record since 2015: 5 appointments and 14 cessations. The latest: Raushan Kumar Pandey ceased to be Additional Director on 29 Sep 2023.
AGM
Digital India Payments Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Digital India Payments Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Raushan Kumar Pandey ceased to be Additional Director.
Ceased
Shashikant Pandey ceased to be Additional Director.
Ceased
Surya Kant Pandey ceased to be Additional Director.
Appointed
Raushan Kumar Pandey was appointed as Director.
Appointed
Shashikant Pandey was appointed as Director.
Appointed
Surya Kant Pandey was appointed as Director.
Ceased
Mayank Sinha ceased to be Additional Director.
Appointed
Mayank Sinha was appointed as Director.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100259176 was registered on 21 Apr 2019.
Ceased
Niranjan Dandey ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Digital India Payments is an active public limited company based in Thane, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 13 November 2013 (13+ years old) and is registered under CIN U72200MH2013PLC250051.
Digital India Payments has 5 current directors:
- Mayank Sinha - Director
- Shashikant Pandey - Director
- Surya Kant Pandey - Director
- Raushan Kumar Pandey - Director
- Niranjan Dandey - Director
The latest financial statements of Digital India Payments 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 2015 are in the company report.
The GSTIN of Digital India Payments is 27AAFCG4020L1ZO, registered in Maharashtra. 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 Digital India Payments is U72200MH2013PLC250051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digital India Payments has 7 court cases on record: 2 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Digital India Payments was incorporated on 13 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Digital India Payments has 15 deals on record (7 funding rounds, 5 rights issues, 3 secondary share transfers), with disclosed funding of ₹11.21 Cr; the latest was in October 2019.
The peers of Digital India Payments by revenue are PND Chits Private Limited, Cazhon Technologies India Private Limited, Madhavam Digital Payment Service Private Limited, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities).
Raushan Kumar Pandey ceased to be Additional Director on 29 Sep 2023. Shashikant Pandey ceased to be Additional Director on 29 Sep 2023. Surya Kant Pandey ceased to be Additional Director on 29 Sep 2023. Digital India Payments has 19 board changes on record in total.
Yes, Digital India Payments is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0028348).