I Corp Pays Private Limited

I Corp Pays Private Limited - financial services in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U67190PN2014PTC152834 Incorporated 16 October 2014 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2024
₹19.98 Lakh
▼ 2% YoY
Net profit · FY 2024
₹65,380
Net margin 3.3%
EBITDA · FY 2024
₹1.41 Lakh
EBITDA margin 7.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹6.07 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings

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

CIN U67190PN2014PTC152834
Registration Number 152834
Incorporation Date 16 October 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0146905

Recognitions & Rankings of I Corp Pays

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0146905

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 Address
    S No 234/A Sanjay Park Plot No 146 Plus 147 Airport Road Near Yerawada Jail Lohago, An, Pune, Maharashtra, India – 411032
  • Industry
    Financial Services, Digital Payment Solutions, Real Estate Financing

To see the full contact details of I Corp Pays Private Limited, buy the company report.

Comprehensive company report
I Corp Pays Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities 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 available

I Corp Pays Private Limited reported revenue of ₹19.98 Lakh (down 2% YoY) for FY 2024.

Revenue · FY 2024
₹19.98 Lakh ▼ 2%
Net profit · FY 2024
₹65,380 margin 3.3%
EBITDA · FY 2024
₹1.41 Lakh margin 7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 56%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 29%
5 years · compounded
▲ 17%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.1%
Net Profit Margin3.3%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Boney Samuel GeorgeDirector16 Oct 201412 Years 0 MonthsCurrent
Bindu GeorgeWhole-Time Director16 Oct 201412 Years 0 MonthsCurrent

Auditor

I Corp Pays Private Limited is audited by K B B AND ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
K B B AND ASSOCIATESFY 2022135391W

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 categoryFY 2022FY 2021FY 2020FY 2019FY 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

Open charges
₹6.07 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2024100857867State Bank of India₹6.07 LakhOpen

Total charge records: 1 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCI6496A1ZJMaharashtraActive18 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.

AGM
I Corp Pays Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
I Corp Pays Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with State Bank Of India amounted to Rs. 6.07 Lakh with Charge ID 100857867 was registered on 29 Jan 2024.
Ceased
Bindu George ceased to be Director.
Appointed
Bindu George was appointed as Whole-Time Director.
Appointed
Boney Samuel George was appointed as Director.
Incorporation
16 Oct 2014
I Corp Pays Private Limited was registered on 16 Oct 2014 with Roc Pune & aged 12 years 26 days as per MCA records.

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:

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.