About Ideamachine Private Limited
Data last updated: 07 March 2026
Ideamachine Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It specialises in online payment gateways, a part of the broader financial services sector. Incorporated on 22 November 2021, the company has been in operation for over 5 years.
Registered with ROC Ahmedabad under CIN U72900GJ2021PTC127442.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shubhamkumar Vasantbhai Parekh and Chirantan Ramesh Parekh.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1St Floor Sy No – 64/1 Plot No – 79/A Hira Nagar Soc Opp.Gayatri Nagar Soc, Surat, Gujarat, India – 394510.
As per the financials filed for FY 2022, the company reported a revenue of ₹604.
The company is associated with 1 brand - Trustpe.
For more details, the company can be reached via its website trustpe.money.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address1St Floor Sy No – 64/1 Plot No – 79/A Hira Nagar Soc Opp.Gayatri Nagar Soc, Surat, Gujarat, India – 394510
-
IndustryFinancial Services, Online Payment Gateways
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Ideamachine Private Limited
Ideamachine Private Limited operates one associated brand: TrustPe. These brands represent Ideamachine Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers escrow payment solutions and services to business clients. | trustpe.money |
Competitors & Alternatives of Ideamachine Private Limited
Brands and companies operating in the same space as Ideamachine Private Limited include Castler, Tripartie, Dealsafe and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Castler
|
Escrow-based banking solutions are offered for consumers and businesses. | Delhi, India, India | 2015 |
Tripartie
|
Escrow payment solutions are provided for businesses and marketplaces. | Paris, France, France | 2018 |
Dealsafe
|
Digital escrow solution for buyers and sellers | Pune, India, India | 2020 |
Trustopay
|
A platform that protects buyers and sellers in online transactions | Vadodara, India, India | 2023 |
GoCrow
|
Escrow-based digital payments are provided for secure buyer-seller transactions. | Faridabad, India, India | 2021 |
Scrow
|
Provides digital escrow platform for secure, transparent payments in various industries. | Delhi, India, India | 2024 |
Pintrax
|
Provides online escrow services for secure financial transactions. | Gurugram, India, India | 2015 |
SkroPay
|
Provides escrow-based banking solutions for consumers and businesses. | Pilani, India, India | 2021 |
Business Activity of Ideamachine Private Limited
Ideamachine Private Limited operates primarily in the information and communication sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Information and communication | Locked | Other information & communication service activities | Locked |
Detailed business activity records for Ideamachine Private Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Ideamachine Private Limited
Ideamachine Private Limited is audited by DURGA KRISHNAMURTHY AND ASSOCIATES LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DURGA KRISHNAMURTHY AND ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Ideamachine Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ideamachine Private Limited
Ideamachine Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shubhamkumar Vasantbhai Parekh
Also directs:
Hirvepunya Private Limited
|
Director | 22 Nov 2021 | 4 Years 8 Months | Current |
| Chirantan Ramesh Parekh | Director | 23 Dec 2025 | 0 Years 7 Months | Current |
Financials of Ideamachine Private Limited FY 2025 filings available
Ideamachine Private Limited reported revenue of ₹604 for FY 2022.
Ten-year financial statements for Ideamachine Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ideamachine Private Limited
Shareholding and ownership data for Ideamachine Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Ideamachine Private Limited
Ideamachine Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ideamachine Private Limited
Ideamachine Private Limited has a workforce of 0 employees as of Apr 06, 2024.
Employee and EPFO history for Ideamachine Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Ideamachine Private Limited
GST registrations and filing compliance for Ideamachine Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Ideamachine Private Limited
Credit ratings, litigation, and regulatory alerts for Ideamachine Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ideamachine Private Limited
MSME payment history for Ideamachine Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ideamachine Private Limited
Corporate group structure for Ideamachine Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ideamachine Private Limited
MCA filings and documents for Ideamachine Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Ideamachine Private Limited
Frequently Asked Questions about Ideamachine Private Limited
Ideamachine Private Limited is an active private limited company in the financial services sector based in Surat, Gujarat, India. It was incorporated on 22 November 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC127442.
Ideamachine Private Limited reported revenue of ₹604 for FY 2022.
The current directors of Ideamachine Private Limited are:
- Shubhamkumar Vasantbhai Parekh - Director
- Chirantan Ramesh Parekh - Director
The primary industry of Ideamachine Private Limited is financial services. The company specifically operates in online payment gateways. The company is currently active in this sector.
Yes, Ideamachine Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ideamachine Private Limited can be reached at the registered office: 1St Floor Sy No – 641 Plot No – 79A Hira Nagar Soc Opp.Gayatri Nagar Soc, Surat, Gujarat, India – 394510, or through the website trustpe.money.