About Freecharge Payment Technologies Private Limited
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Freecharge Payment Technologies Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Axis Bank Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 14 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74140HR2015PTC114857. Its GSTIN is 06AAFCK7217F1ZO (Haryana). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹4,006.01 Cr and a paid-up capital of ₹1,763.7 Cr. It was formerly known as Klickpay Payment Services Private Limited. It is led by directors including Sameer Bhujanga Shetty and Mohanty Subrat.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹312.21 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹41.59 Cr (net margin -13.3%) and EBITDA of -₹42.34 Cr (EBITDA margin -13.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 13% over five years.
The company has about 904 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: KlickPay, Freecharge and FreeCharge. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹32.72 Cr on record. Court records list 17 cases involving the company, including 15 filed by the company and 2 filed against it; 14 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹581.04 Cr; the latest was in September 2018. The company has 4 MSME Form 1 returns on record between 2018 and 2020, listing 36 overdue payments to 16 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 freecharge.in.
Company details
CIN history
Freecharge Payment Technologies has one previous CIN (Corporate Identification Number): U74140DL2015PTC275419. The current CIN is U74140HR2015PTC114857, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140HR2015PTC114857 | Current |
| U74140DL2015PTC275419 | Previous |
Contact details
Freecharge Payment Technologies Private Limited's registered office is in Gurgaon, Haryana. Its website is freecharge.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address10th Floor Tower – C DLF Cyber Greens, DLF Cyber City Phase – 3, Gurgaon, Haryana, India – 122002
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Freecharge Payment Technologies 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
Freecharge Payment Technologies operates multiple associated brands including KlickPay, Freecharge, and FreeCharge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a payment gateway service for Snapdeal, facilitating secure online transactions. | klickpay.in | |
| Digital wallet services for bill payments and recharges are facilitated. | freecharge.in | |
| Digital payments, recharges, and financial services are provided by Freecharge for consumers and businesses. | freecharge.com |
Business activity
The main business activity of Freecharge Payment Technologies 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 Freecharge Payment Technologies Private Limited, buy the company report.
Financials of Freecharge Payment Technologies Private Limited
FY 2025 filings availableFreecharge Payment Technologies Private Limited reported revenue of ₹312.21 Cr (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 137% 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 | -₹42.34 Cr | ||||
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| Net Profit (PAT) | -₹41.59 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 | -13.6% | ||||
| Net Profit Margin | -13.3% | ||||
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To see the full financial statements and ratios of Freecharge Payment Technologies Private Limited, buy the company report.
Board of directors of Freecharge Payment Technologies Private Limited
Freecharge Payment Technologies has 4 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Bhujanga Shetty | Director | 30 Aug 2019 | 7 Years 1 Months | Current |
| Mohanty Subrat Also directs: Freecharge Business and Technology Services Limited, Axis Bank Limited, Axis Max Life Insurance Limited and 1 more | Director | 20 Oct 2020 | 6 Years 0 Months | Current |
| Mohit Jain Also directs: Freecharge Business and Technology Services Limited | Director | 08 Feb 2023 | 3 Years 8 Months | Current |
| Avinash Raghavendra | Additional Director | 13 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Freecharge Payment Technologies Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Freecharge Payment Technologies Private 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 Freecharge Payment Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2022 | 100609478 | Axis Bank Limited | ₹25 Cr | Open | |
| 30 Jan 2017 | 100083181 | Yes Bank Limited | ₹32.72 Cr | Satisfied |
To see the full charge records of Freecharge Payment Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Freecharge Payment Technologies Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹581.04 Cr; the latest was in September 2018.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Axis Bank Limited Seller: Acevector Limited |
| Feb 2017 | Funding round | ₹185.94 Cr | Investors: Axis Bank Limited , Acevector Limited |
| Jun 2015 | Funding round | ₹395.1 Cr | Investors: Acevector Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Acevector Limited , Snapdeal Limited & Vijay Ajmera Seller: 2 individuals |
To see the full deal history of Freecharge Payment Technologies Private 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
Freecharge Payment Technologies Private Limited has 17 court cases on record: 15 filed by Freecharge Payment Technologies, 2 filed against it. 14 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 10 |
| High courts | 7 | 1 | 4 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Frederica Marketing Private Ltd | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Frederica Marketing Pvt Ltd | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Ms Frederica Marketing Pvt Ltd & Ors. | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Frederica Marketing Pvt Ltd | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against Sashi Kant Sa | Pending |
To see the full case history of Freecharge Payment Technologies 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
Freecharge Payment Technologies Private Limited has 4 MSME Form 1 returns on record between 2018 and 2020, listing 36 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mountain Trail Foods Private Limited | |||
| Best Hawk Infosystems Private Limited | |||
| M S G Personnel Vision Private Limited | |||
| Shakti Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Freecharge Payment Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Freecharge Payment Technologies Private Limited has a workforce of 904 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Freecharge Payment Technologies has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCK7217F1ZO | Haryana | Active | 01 Jul 2017 |
| 06AAFCK7217F1CZ | Haryana | Active | 30 Dec 2022 |
| 29AAFCK7217F1ZG | Karnataka | Active | 01 Jul 2017 |
| 27AAFCK7217F1ZK | Maharashtra | Active | 06 Jul 2017 |
To see the full GST registrations and return filing status of Freecharge Payment Technologies Private Limited, buy the company report.
Recent activity
Freecharge Payment Technologies Private Limited has 29 board changes on record since 2015: 6 appointments and 23 cessations. The latest: Avinash Raghavendra was appointed as Additional Director on 13 Jan 2026.
25 earlier events are in the company report.
News
Frequently asked questions
Freecharge Payment Technologies is an active private limited company based in Gurgaon, Haryana, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 14 January 2015 (11+ years old) and is registered under CIN U74140HR2015PTC114857.
Freecharge Payment Technologies has 4 current directors:
- Sameer Bhujanga Shetty - Director
- Mohanty Subrat - Director
- Mohit Jain - Director
- Avinash Raghavendra - Additional Director
The latest financial statements of Freecharge Payment Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Freecharge Payment Technologies is 06AAFCK7217F1ZO, registered in Haryana. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAFCK7217F1CZ (Haryana), 29AAFCK7217F1ZG (Karnataka), 27AAFCK7217F1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Freecharge Payment Technologies is U74140HR2015PTC114857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freecharge Payment Technologies has 17 court cases on record: 15 filed by the company and 2 filed against it. 14 are pending. Most are in the district courts.
Freecharge Payment Technologies was incorporated on 14 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Haryana.
Freecharge Payment Technologies has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹581.04 Cr; the latest was in September 2018.
Avinash Raghavendra was appointed as Additional Director on 13 Jan 2026. Sumit Bhatnagar was appointed as CEO on 20 Dec 2023. Balaji Narayanamurthy ceased to be Additional Director on 17 Sep 2023. Freecharge Payment Technologies has 29 board changes on record in total.
Freecharge Payment Technologies has 4 MSME Form 1 returns on record between 2018 and 2020, listing 36 overdue payments to 16 micro and small suppliers. The latest return was filed on 01 May 2020.
Freecharge Payment Technologies can be reached through the website freecharge.in. Its registered office is in Gurgaon, Haryana, India.