- Udyam number
- UDYAM-DL-08-0008095

About Go Processing Limited
Data last updated:
Go Processing Limited is a public limited company based in New Delhi, Delhi, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 21 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2012PLC245163. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It was formerly known as Go Processing Private Limited and Go Processing Online India Private Limited. It is led by directors including Piyush Mittal (Whole-Time Director) and Priya Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at A – 275 II Floor Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2018, the company reported a revenue of ₹10.33 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹1.11 Cr (net margin -10.8%) and EBITDA of -₹1.03 Cr (EBITDA margin -10%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Go Processing. Court records list 18 cases involving the company, including 14 filed by the company and 4 filed against it.
Go Processing Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-08-0008095). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goprocessing.in.
Company details
Name history
Go Processing has undergone 2 name changes throughout its history. The company was previously known as Go Processing Private Limited, and Go Processing Online India Private Limited. The current legal name is Go Processing Limited.
| Company Name | Status |
|---|---|
| Go Processing Limited | Current |
| Go Processing Private Limited | Previous |
| Go Processing Online India Private Limited | Previous |
CIN history
Go Processing has one previous CIN (Corporate Identification Number): U72200DL2012PTC245163. The current CIN is U72200DL2012PLC245163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200DL2012PLC245163 | Current |
| U72200DL2012PTC245163 | Previous |
Recognitions & Rankings of Go Processing
Contact details
Go Processing Limited's registered office is in New Delhi, Delhi. Its website is goprocessing.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA – 275 II Floor Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Go Processing 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
Go Processing operates one associated brand: Go Processing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a payment service aggregator for businesses. | goprocessing.in |
Business activity
The main business activity of Go Processing 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 Go Processing Limited, buy the company report.
Financials of Go Processing Limited
FY 2018 filings availableGo Processing Limited reported revenue of ₹10.33 Cr (down 88% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 88% fall in the latest year. EBITDA fell 402% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹10.33 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.03 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.11 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -10% | |||
| Net Profit Margin | -10.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Go Processing Limited, buy the company report.
Board of directors of Go Processing Limited
Go Processing has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Mittal Also directs: Go Processing India Private Limited | Whole-Time Director | 21 Nov 2012 | 13 Years 11 Months | Current |
| Priya Mittal Also directs: Go Processing India Private Limited | Whole-Time Director | 21 Nov 2012 | 13 Years 11 Months | Current |
| Ramanand Mittal | Whole-Time Director | 06 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Go Processing Limited is audited by AWADHESH ANURAG JAI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AWADHESH ANURAG JAI & ASSOCIATES | FY 2018 | 011512C |
Shareholding
The shareholding of Go Processing Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Go Processing Limited, buy the company report.
Legal cases
Go Processing Limited has 18 court cases on record: 14 filed by Go Processing, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 4 | 0 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Fintree Finance Pvt Ltd - Abhishek Dalwadi | Disposed |
| Allahabad High Court | Court case (WTAX) | Filed by the company against State of U.P. and Another | Disposed |
| District court, South East, Delhi | Court case (MCD CHL) | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Go Processing 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 Go Processing Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Go Processing has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Go Processing Limited, buy the company report.
Recent activity
Go Processing Limited has 3 board changes on record since 2012: 3 appointments. The latest: Ramanand Mittal was appointed as Whole-Time Director on 06 Sep 2013.
Frequently asked questions
Go Processing is an active public limited company based in New Delhi, Delhi, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 21 November 2012 (14+ years old) and is registered under CIN U72200DL2012PLC245163.
Go Processing has 3 current directors:
- Piyush Mittal - Whole-Time Director
- Priya Mittal - Whole-Time Director
- Ramanand Mittal - Whole-Time Director
The latest financial statements of Go Processing on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Go Processing has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Go Processing is U72200DL2012PLC245163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Go Processing has 18 court cases on record: 14 filed by the company and 4 filed against it. Most are in the district courts.
Go Processing was incorporated on 21 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Ramanand Mittal was appointed as Whole-Time Director on 06 Sep 2013. Piyush Mittal was appointed as Whole-Time Director on 21 Nov 2012. Priya Mittal was appointed as Whole-Time Director on 21 Nov 2012.
Yes, Go Processing is registered as an MSME under Udyam registration (number: UDYAM-DL-08-0008095).
Go Processing can be reached through the website goprocessing.in. Its registered office is in New Delhi, Delhi, India.