- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0146905

I Corp Pays Private Limited
About I Corp Pays Private Limited
Data last updated:
I Corp Pays Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 16 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U67190PN2014PTC152834. Its GSTIN is 27AADCI6496A1ZJ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Bindu George (Whole-Time Director) and Boney Samuel George.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A Sanjay Park, Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.98 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹65,380 (net margin 3.3%) and EBITDA of ₹1.41 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹6.07 Lakh on record.
I Corp Pays Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0146905). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of I Corp Pays
Contact details
I Corp Pays Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressS No 234/A Sanjay Park Plot No 146 Plus 147 Airport Road Near Yerawada Jail Lohago, An, Pune, Maharashtra, India – 411032
- IndustryFinancial Services, Digital Payment Solutions, Real Estate Financing
To see the full contact details of I Corp Pays 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 I Corp Pays 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 I Corp Pays Private Limited, buy the company report.
Financials of I Corp Pays Private Limited
FY 2025 filings availableI Corp Pays Private Limited reported revenue of ₹19.98 Lakh (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 2% fall in the latest year. EBITDA fell 73% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65,380 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 I Corp Pays Private Limited, buy the company report.
Board of directors of I Corp Pays Private Limited
I Corp Pays has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Boney Samuel George | Director | 16 Oct 2014 | 12 Years 0 Months | Current |
| Bindu George | Whole-Time Director | 16 Oct 2014 | 12 Years 0 Months | Current |
Auditor
I Corp Pays Private Limited is audited by K B B AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K B B AND ASSOCIATES | FY 2022 | 135391W |
Shareholding
The shareholding of I Corp Pays Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of I Corp Pays Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2024 | 100857867 | State Bank of India | ₹6.07 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving I Corp Pays 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 I Corp Pays Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I Corp Pays has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI6496A1ZJ | Maharashtra | Active | 18 May 2018 |
To see the full GST registrations and return filing status of I Corp Pays Private Limited, buy the company report.
Recent activity
I Corp Pays Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Bindu George ceased to be Director on 30 Apr 2018.
Frequently asked questions
I Corp Pays is an active private limited company based in Pune, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 16 October 2014 (12+ years old) and is registered under CIN U67190PN2014PTC152834.
I Corp Pays has 2 current directors:
- Bindu George - Whole-Time Director
- Boney Samuel George - Director
The latest financial statements of I Corp Pays on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of I Corp Pays is 27AADCI6496A1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of I Corp Pays is U67190PN2014PTC152834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I Corp Pays was incorporated on 16 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Bindu George ceased to be Director on 30 Apr 2018. Bindu George was appointed as Whole-Time Director on 16 Oct 2014. Boney Samuel George was appointed as Director on 16 Oct 2014.
Yes, I Corp Pays is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0146905).
The registered office of I Corp Pays is at S No 234A Sanjay Park Plot No 146 Plus 147 Airport Road Near Yerawada Jail Lohago, An, Pune, Maharashtra, India – 411032.
I Corp Pays operates in the financial services industry, in the digital payment solutions segment.

