India Payment Risk Council
About India Payment Risk Council
Data last updated:
India Payment Risk Council is a public not for profit company based in Mumbai, Maharashtra, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 22 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015NPL268613. Its GSTIN is 27AAECI0269E2ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Payment Risk Council of India. It is led by directors including Sudheer Parappurath and Shailesh Verma.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹29.43 Lakh, a growth of 135% compared to the previous year. For the same year it recorded a net profit of ₹9.94 Lakh (net margin 33.8%) and EBITDA of ₹13.25 Lakh (EBITDA margin 45%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
India Payment Risk Council has undergone 3 name changes throughout its history. The company was previously known as India Payment Risk Council, Payment Risk Council Of India, and Institute Of Payment Risk Council. The current legal name is India Payment Risk Council.
| Company Name | Status |
|---|---|
| India Payment Risk Council | Current |
| Payment Risk Council Of India | Previous |
| Institute Of Payment Risk Council | Previous |
Contact details
India Payment Risk Council's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O National Payments Corporation Of India The Capital 1001A B Wing 10th Floor, BKC, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of India Payment Risk Council, 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 India Payment Risk Council is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of India Payment Risk Council, buy the company report.
Financials of India Payment Risk Council
FY 2025 filings availableIndia Payment Risk Council reported revenue of ₹29.43 Lakh (up 135% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 135% growth 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹29.43 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹13.25 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹9.94 Lakh | |||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 45% | |||
| Net Profit Margin | 33.8% | |||
| 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 India Payment Risk Council, buy the company report.
Board of directors of India Payment Risk Council
India Payment Risk Council has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudheer Parappurath Also directs: Skylegal Associates LLP | Director | 22 Sep 2015 | 11 Years 1 Months | Current |
| Shailesh Verma | Director | 22 Sep 2015 | 11 Years 1 Months | Current |
| Bharatkumar Amrutlal Panchal | Director | 22 Sep 2015 | 11 Years 1 Months | Current |
Auditor
India Payment Risk Council is audited by BORKAR & SHENOY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BORKAR & SHENOY | FY 2019 | 120426W |
Shareholding
The shareholding of India Payment Risk Council is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of India Payment Risk Council, buy the company report.
Legal cases
No court or tribunal cases involving India Payment Risk Council 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 India Payment Risk Council; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
India Payment Risk Council has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI0269E2ZQ | Maharashtra | Active | 18 Jan 2018 |
To see the full GST registrations and return filing status of India Payment Risk Council, buy the company report.
Recent activity
India Payment Risk Council has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Syed Rashid Ausaf ceased to be Director on 16 May 2022.
Frequently asked questions
India Payment Risk Council is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 22 September 2015 (11+ years old) and is registered under CIN U74999MH2015NPL268613.
India Payment Risk Council has 3 current directors:
- Sudheer Parappurath - Director
- Shailesh Verma - Director
- Bharatkumar Amrutlal Panchal - Director
The latest financial statements of India Payment Risk Council 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 FY 2016 are in the company report.
The GSTIN of India Payment Risk Council is 27AAECI0269E2ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of India Payment Risk Council is U74999MH2015NPL268613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Payment Risk Council was incorporated on 22 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Syed Rashid Ausaf ceased to be Director on 16 May 2022. Bharatkumar Amrutlal Panchal was appointed as Director on 22 Sep 2015. Shailesh Verma was appointed as Director on 22 Sep 2015. India Payment Risk Council has 4 board changes on record in total.
The registered office of India Payment Risk Council is at CO National Payments Corporation Of India The Capital 1001A B Wing 10th Floor, BKC, Mumbai, Maharashtra, India – 400051.
India Payment Risk Council operates in the financial services industry, in the online payment gateways segment.
The compliance status of India Payment Risk Council is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.
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