About Foster Payment Networks Private Limited
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Foster Payment Networks Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 23 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2021PTC377403.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹50 Cr. It is led by directors including Sanjeev Garg (Whole-Time Director) and Reetesh Kumar Agrawal.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 136 First Floor Devika Tower Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.12 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Cr (net margin 71%) and EBITDA of ₹3.97 Cr (EBITDA margin 96.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
For more details, the company can be reached via its website paytm.com.
Company details
CIN history
Foster Payment Networks has one previous CIN (Corporate Identification Number): U62099DL2021PTC377403. The current CIN is U74999DL2021PTC377403, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL2021PTC377403 | Current |
| U62099DL2021PTC377403 | Previous |
Contact details
Foster Payment Networks Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Social Media
- Apps
- Registered Address136 First Floor Devika Tower Nehru Place, New Delhi, Delhi, India – 110019
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Foster Payment Networks 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
Business activity
The main business activity of Foster Payment Networks is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Foster Payment Networks Private Limited, buy the company report.
Financials of Foster Payment Networks Private Limited
FY 2025 filings availableFoster Payment Networks Private Limited reported revenue of ₹4.12 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 6% 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 | ₹3.97 Cr | ||||
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| Net Profit (PAT) | ₹2.93 Cr | ||||
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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 | 96.4% | ||||
| Net Profit Margin | 71% | ||||
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To see the full financial statements and ratios of Foster Payment Networks Private Limited, buy the company report.
Board of directors of Foster Payment Networks Private Limited
Foster Payment Networks has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reetesh Kumar Agrawal | Director | 06 May 2024 | 2 Years 5 Months | Current |
| Neeraj Bhansali | Director | 26 Jun 2025 | 1 Years 4 Months | Current |
| Amrita Nautiyal Also directs: Gandhar Oil Refinery (India) Limited, Cipla Health Limited, Matix Fertilisers and Chemicals Limited and 5 more | Director | 26 Jun 2025 | 1 Years 4 Months | Current |
| Sanjeev Garg Also directs: Little Internet Private Limited, Paytm Cloud Technologies Limited, Paytm Payments Services Limited and 5 more | Whole-Time Director | 26 Jun 2025 | 1 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Foster Payment Networks 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 Foster Payment Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foster Payment Networks Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
GST
No GST registration is on our record for Foster Payment Networks Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Foster Payment Networks Private Limited has 15 board changes on record since 2022: 4 appointments and 11 cessations. The latest: Amrita Nautiyal ceased to be Additional Director on 22 Aug 2025.
6 earlier events are in the company report.
Frequently asked questions
Foster Payment Networks 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 23 February 2021 (5+ years old) and is registered under CIN U74999DL2021PTC377403.
Foster Payment Networks has 4 current directors:
- Sanjeev Garg - Whole-Time Director
- Reetesh Kumar Agrawal - Director
- Neeraj Bhansali - Director
- Amrita Nautiyal - Director
The latest financial statements of Foster Payment Networks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 August 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Foster Payment Networks is U74999DL2021PTC377403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foster Payment Networks was incorporated on 23 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Amrita Nautiyal ceased to be Additional Director on 22 Aug 2025. Neeraj Bhansali ceased to be Additional Director on 22 Aug 2025. Nikhil Kumar Jain ceased to be Additional Director on 22 Aug 2025. Foster Payment Networks has 15 board changes on record in total.
Foster Payment Networks can be reached through the website paytm.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Foster Payment Networks is at 136 First Floor Devika Tower Nehru Place, New Delhi, Delhi, India – 110019.
Foster Payment Networks operates in the financial services industry, in the digital payment solutions segment.
Foster Payment Networks is registered under the jurisdiction of the Registrar of Companies (ROC), Delhi.