About Essecom Private Limited
Data last updated: 11 March 2026
Essecom Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ascendum Solutions India Private Limited. It specialises in online payment gateways, a part of the broader financial services sector. Incorporated on 25 May 2001, the company has been in operation for over 25 years.
Registered with ROC Bangalore under CIN U72900KA2001PTC029062.
Capital: an authorised share capital of ₹1.65 Cr and a paid-up capital of ₹1.19 Cr. It is led by directors Shoba Lakshmi Balasubramanian and Krishnaswami Sambasivan.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.5 Lakh, a decline of 79% compared to the previous year.
It operates as a subsidiary of Ascendum Solutions India Private Limited.
The company is associated with 1 brand - Essecom. As per MCA filings, the company has satisfied charges of ₹3.42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merchant.essecom.com.
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Registered Address2Nd Floor Plot No.170 171 172 Epip Industrial Area Phase – 2 Whitefie, Ld Road, Bangalore, Karnataka, India – 560066
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IndustryFinancial Services, Online Payment Gateways
- 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 Essecom Private Limited
Essecom Private Limited operates one associated brand: Essecom. These brands represent Essecom Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides website development services, including responsive design and CMS integration. | essecom.com |
Competitors & Alternatives of Essecom Private Limited
Brands and companies operating in the same space as Essecom Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Hedgehog lab
|
Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2007 |
AlmavivA
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IT services suite solutions are provided globally by AlmavivA. | Rome, Italy, Italy | 2005 |
AKQA
|
Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia, Saudi Arabia | 1994 |
Fresche Solutions
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IT services for application modernization and development are offered. | Montreal, Canada, Canada | 1976 |
GlowTouch
|
Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States, United States | 2002 |
Hancom
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea, South Korea | 1990 |
Sierra Atlantic
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Offshore enterprise application development and IT consulting services are provided. | Newark, United States, United States | 1993 |
Sylogist
|
Software solutions are delivered to public sector and business clients. | Calgary, Canada, Canada | 1993 |
Waracle
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Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom, United Kingdom | 2007 |
Brightspot
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CMS solutions for digital publishers are provided and managed. | Reston, United States, United States | 2008 |
Business Activity of Essecom Private Limited
Essecom Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Essecom Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Essecom Private Limited
Essecom Private Limited is audited by P N G & ASSOCIATES for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P N G & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Essecom Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Essecom Private Limited
Essecom Private Limited is currently managed by 2 directors, with 6 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 |
|---|---|---|---|---|
|
Shoba Lakshmi Balasubramanian
Also directs:
Cardworks Private Limited
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Additional Director | 03 Jan 2026 | 0 Years 6 Months | Current |
|
Krishnaswami Sambasivan
Also directs:
Cardworks Private Limited
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Additional Director | 03 Jan 2026 | 0 Years 6 Months | Current |
Financials of Essecom Private Limited FY 2024 filings available
Essecom Private Limited reported revenue of ₹1.5 Lakh (down 79.00% YoY) for FY 2024.
Ten-year financial statements for Essecom Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Essecom Private Limited
Shareholding and ownership data for Essecom Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Essecom Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2005 | State Bank of India | ₹25 Lakh | Satisfied |
| 10 Oct 2003 | State Bank of India | ₹3.17 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Essecom Private Limited
View historical data on people associated with Essecom Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Essecom Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Essecom Private Limited
GST registrations and filing compliance for Essecom Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Essecom Private Limited
Credit ratings, litigation, and regulatory alerts for Essecom Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Essecom Private Limited
MSME payment history for Essecom Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Essecom Private Limited
Corporate group structure for Essecom Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Essecom Private Limited
MCA filings and documents for Essecom Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Essecom Private Limited
Frequently Asked Questions about Essecom Private Limited
Essecom Private Limited is an active private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 25 May 2001 (25+ years old) and is registered under CIN U72900KA2001PTC029062.
Essecom Private Limited reported revenue of ₹1.5 Lakh for FY 2024 (down 79.00% YoY).
The current directors of Essecom Private Limited are:
- Shoba Lakshmi Balasubramanian - Additional Director
- Krishnaswami Sambasivan - Additional Director
The primary industry of Essecom Private Limited is financial services. The company specifically operates in online payment gateways. The company is currently active in this sector.
Essecom Private Limited can be reached at the registered office: 2Nd Floor Plot No.170 171 172 Epip Industrial Area Phase – 2 Whitefie, Ld Road, Bangalore, Karnataka, India – 560066, or through the website merchant.essecom.com.
The authorised capital is ₹1.65 Cr, and the paid-up capital is ₹1.19 Cr.