About Fis Payment Solutions & Services India Private Limited
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Fis Payment Solutions & Services India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Fis Global Business Solutions India Private Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 29 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2005PTC134488. Its GSTIN is 07AACCC5587F1ZK (Delhi). The company holds 38 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹22.64 Cr. It was formerly known as Classic Payments Solutions and Services India Private Limited and Efunds Corporation Payments Solutions and Services India Private Limited. It is led by directors including Ravi Khandelwal and Amol Ratan Gupta.
Its last annual general meeting (AGM) was held on 24 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S – 405 (Lgf) Greater Kailash Part II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹527.4 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹62.7 Cr (net margin 11.9%) and EBITDA of ₹105.3 Cr (EBITDA margin 20%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 708 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FIS. As per MCA filings, the company has satisfied charges of ₹80.92 Cr on record. Court records list 78 cases involving the company, including 61 filed by the company and 17 filed against it; 22 cases are pending. The company has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2021. The company has 18 MSME Form 1 returns on record between 2019 and 2024, listing 1,083 overdue payments to 105 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fisglobal.com.
Company details
Name history
Fis Payment Solutions & Services India has undergone 2 name changes throughout its history. The company was previously known as Classic Payments Solutions And Services India Private Limited, and Efunds Corporation Payments Solutions And Services India Private Limited. The current legal name is Fis Payment Solutions & Services India Private Limited.
| Company Name | Status |
|---|---|
| Fis Payment Solutions & Services India Private Limited | Current |
| Classic Payments Solutions And Services India Private Limited | Previous |
| Efunds Corporation Payments Solutions And Services India Private Limited | Previous |
Contact details
Fis Payment Solutions & Services India Private Limited's registered office is in New Delhi, Delhi. Its website is fisglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS – 405 (Lgf) Greater Kailash Part II, New Delhi, Delhi, India – 110048
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Fis Payment Solutions & Services India 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
Fis Payment Solutions & Services India operates one associated brand: FIS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software suites for banks and financial institutions are provided. | fisglobal.com |
Business activity
The main business activity of Fis Payment Solutions & Services India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Fis Payment Solutions & Services India Private Limited, buy the company report.
Financials of Fis Payment Solutions & Services India Private Limited
FY 2025 filings availableFis Payment Solutions & Services India Private Limited reported revenue of ₹527.4 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 168% 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 | ₹105.3 Cr | ||||
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| Net Profit (PAT) | ₹62.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | ||||
| Net Profit Margin | 11.9% | ||||
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To see the full financial statements and ratios of Fis Payment Solutions & Services India Private Limited, buy the company report.
Board of directors and KMP of Fis Payment Solutions & Services India Private Limited
Fis Payment Solutions & Services India Private Limited currently reports 4 directors and 1 key managerial person. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Khandelwal | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Santosh Kumar Singh | Company Secretary | 01 Jun 2022 | 4 Years 4 Months | Current |
| Amol Ratan Gupta | Director | 14 Oct 2021 | 5 Years 0 Months | Current |
| Munuswamy Vikram | Director | 07 Jul 2025 | 1 Years 3 Months | Current |
| Tushar Rajesh Desai | Director | 03 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Fis Payment Solutions & Services India Private Limited is audited by B S R & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates LLP | FY 2023 | 116231 W/W - 100024 |
Shareholding
The shareholding of Fis Payment Solutions & Services India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Fis Payment Solutions & Services India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2016 | 100107603 | Others | ₹11 Cr | Satisfied | |
| 25 Oct 2016 | 100104958 | Others | ₹1 Cr | Satisfied | |
| 21 Oct 2016 | 100104219 | Others | ₹13 Lakh | Satisfied | |
| 21 Oct 2016 | 100104220 | Others | ₹1.2 Lakh | Satisfied | |
| 20 Oct 2016 | 100107554 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Fis Payment Solutions & Services India Private Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Fis Payment Solutions & Services India Private Limited has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Rights issue | ₹70 Cr | Investors: Fis Global Business Solutions India Private Limited |
| Jun 2020 | Rights issue | ₹200 Cr | Investors: Fis Global Business Solutions India Private Limited |
| Dec 2019 | Rights issue | ₹450 Cr | Investors: Fis Global Business Solutions India Private Limited |
| May 2005 | Secondary share transfer | Undisclosed | Buyer: Fis Global Business Solutions India Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fis Payment Solutions & Services India Private Limited has 78 court cases on record: 61 filed by Fis Payment Solutions & Services India, 17 filed against it. 22 cases are pending and 56 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 68 | 8 | 20 |
| District courts | 9 | 8 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (Ex.COMM - Award by Arb. Comm.) | Filed by the company against Securitrans India Private Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Shresth Detective and Securities Pvt Ltd | Disposed |
| High Court | Court case (CARBP) | Filed against the company by Shresth Detective and Securities Pvt Ltd Parinam Law Associates | Disposed |
| High Court | Court case (CARBP) | Filed by the company against Shresth Detective and Securities Pvt Ltd | Disposed |
| District court, Jalandhar, Punjab | Execution petition | Filed against the company by an individual | Pending |
To see the full case history of Fis Payment Solutions & Services India Private 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
Fis Payment Solutions & Services India Private Limited has 18 MSME Form 1 returns on record between 2019 and 2024, listing 1,083 overdue payments to 105 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 105)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M-Tech Innovations Limited | |||
| Klow Computers and Communications Private Limited | |||
| Cyraac Services Private Limited | |||
| Network Techlab (India) Limited | |||
| Corporate Solutions Inc |
To see the full MSME payment records of Fis Payment Solutions & Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fis Payment Solutions & Services India Private Limited has a workforce of 708 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Fis Payment Solutions & Services India has 38 GST registrations: 13 active and 25 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCC5587F1ZK | Delhi | Active | 21 Jul 2017 |
| 18AACCC5587F1ZH | Assam | Active | 01 Jul 2017 |
| 19AACCC5587F1ZF | West Bengal | Active | 01 Jul 2017 |
| 23AACCC5587F1ZQ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fis Payment Solutions & Services India Private Limited, buy the company report.
Recent activity
Fis Payment Solutions & Services India Private Limited has 30 board changes on record since 2006: 5 appointments and 25 cessations. The latest: Munuswamy Vikram ceased to be Additional Director on 23 Dec 2025.
117 earlier events are in the company report.
News
Frequently asked questions
Fis Payment Solutions & Services India 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 29 March 2005 (21+ years old) and is registered under CIN U72200DL2005PTC134488.
Fis Payment Solutions & Services India has 5 current directors and KMP:
- Ravi Khandelwal - Director
- Amol Ratan Gupta - Director
- Munuswamy Vikram - Director
- Tushar Rajesh Desai - Director
- Santosh Kumar Singh - Company Secretary
The latest financial statements of Fis Payment Solutions & Services India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fis Payment Solutions & Services India is 07AACCC5587F1ZK, registered in Delhi. The company has 38 GST registrations in all, of which 13 are active and 25 are cancelled or inactive. Other active GSTINs include 18AACCC5587F1ZH (Assam), 19AACCC5587F1ZF (West Bengal), 23AACCC5587F1ZQ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Fis Payment Solutions & Services India is U72200DL2005PTC134488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fis Payment Solutions & Services India has 78 court cases on record: 61 filed by the company and 17 filed against it. 22 are pending. Most are in the high courts.
Fis Payment Solutions & Services India was incorporated on 29 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Fis Payment Solutions & Services India has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in February 2021.
Munuswamy Vikram ceased to be Additional Director on 23 Dec 2025. Tushar Rajesh Desai ceased to be Additional Director on 23 Dec 2025. Munuswamy Vikram was appointed as Director on 07 Jul 2025. Fis Payment Solutions & Services India has 30 board changes on record in total.
Fis Payment Solutions & Services India has 18 MSME Form 1 returns on record between 2019 and 2024, listing 1,083 overdue payments to 105 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Fis Payment Solutions & Services India can be reached through the website fisglobal.com. Its registered office is in New Delhi, Delhi, India.