About India Transact Services Limited
Data last updated: 24 December 2025
India Transact Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ags Transact Technologies Limited. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 11 July 2007, the company has been in operation for over 19 years.
Registered with ROC Mumbai under CIN U72900MH2007PTC172249.
Capital: an authorised share capital of ₹145 Cr and a paid-up capital of ₹145 Cr. Formerly known as India Transact Services Private Limited. It is led by directors including Sudip Bandyopadhyay and Ravi Badrinarain Goyal.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 601 – 602 Trade World B – Wing Kamala City Senapati Bapat Marg Lower Parel (West)., Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹176.27 Cr, a decline of 9% compared to the previous year.
The company has a workforce of approximately 49 employees as per the latest available data. It operates as a subsidiary of Ags Transact Technologies Limited.
The company is associated with 3 brands - India Transact Services, Ags Transact Technologies, Ongo. As per MCA filings, the company has open charges of ₹167 Cr and satisfied charges of ₹165.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ongo.co.in.
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Registered Address601 – 602 Trade World B – Wing Kamala City Senapati Bapat Marg Lower Parel (West)., Mumbai, Maharashtra, India – 400013
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IndustryFinancial Services, Digital Payment Solutions
- 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
CIN History of India Transact Services Limited
India Transact Services Limited has one previous CIN (Corporate Identification Number): U72900MH2007PTC172249. The current CIN is U72900MH2007PLC172249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2007PLC172249 | Current |
| U72900MH2007PTC172249 | Previous |
Associated Brands with India Transact Services Limited
India Transact Services Limited operates multiple associated brands including India Transact Services, AGS Transact Technologies, and OnGo. These brands represent India Transact Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| End-to-end mPoS transaction processing solutions are provided. | indiatransact.com | |
| End-to-end payment processing solutions are provided for merchants and businesses. | agsindia.com | |
| Payment processing solutions are provided for businesses and merchants. | ongo.co.in |
Competitors & Alternatives of India Transact Services Limited
Brands and companies operating in the same space as India Transact Services Limited include Stripe, Razorpay, PayU and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Stripe
|
Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States, United States | 2009 |
Razorpay
|
Payment and business banking solutions are provided for enterprises. | Bengaluru, India, India | 2014 |
PayU
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Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2002 |
Flutterwave
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Provider of payment processing solutions for businesses | San Francisco, United States, United States | 2016 |
Adyen
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Payment issuance and processing solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2006 |
Xendit
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Online payment and money transfer platform for businesses | Jakarta, Indonesia, Indonesia | 2015 |
Mintoak
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Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India, India | 2017 |
Pine Labs
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Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India, India | 1998 |
FOMO Pay
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Diversified payment processing solutions are provided to merchants. | Singapore, Singapore, Singapore | 2015 |
HighRadius
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Autonomous finance and payment solutions are provided to businesses. | Houston, United States, United States | 2006 |
Business Activity of India Transact Services Limited
India Transact Services Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for India Transact Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Board of Directors of India Transact Services Limited
India Transact Services Limited is currently managed by 3 directors, with 25 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 |
|---|---|---|---|---|
|
Sudip Bandyopadhyay
Also directs:
Vst Industries Limited, Inditrade Capital Limited, Inditrade Fincorp Limited and 4 more
|
Director | 29 Mar 2023 | 3 Years 3 Months | Current |
|
Ravi Badrinarain Goyal
Also directs:
Securevalue India Limited, Fillon Technologies India Private Limited, Vineha Enterprises Private Limited and 1 more
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Director | 11 Jul 2007 | 19 Years 0 Months | Current |
|
Nikesh Samaiya
Also directs:
Xygo Innovations Private Limited, Icharge Digital Private Limited
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Director | 01 Apr 2025 | 1 Years 3 Months | Current |
Financials of India Transact Services Limited FY 2024 filings available
India Transact Services Limited reported revenue of ₹176.27 Cr (down 9.00% YoY) for FY 2024.
Ten-year financial statements for India Transact Services Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Charges & Borrowings of India Transact Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2022 | Others | ₹150 Cr | Open |
| 13 Sep 2021 | Others | ₹17 Cr | Open |
| 25 Nov 2022 | Others | ₹165.4 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at India Transact Services Limited
View historical data on people associated with India Transact Services Limited, including employment history and EPFO contributions.
Employee and EPFO history for India Transact Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of India Transact Services Limited
GST registrations and filing compliance for India Transact Services 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
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Credit Ratings, Litigation & Regulatory Alerts for India Transact Services Limited
Credit ratings, litigation, and regulatory alerts for India Transact Services 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
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MSME Payment Delays by India Transact Services Limited
MSME payment history for India Transact Services 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
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Subsidiaries & Group Companies of India Transact Services Limited
Corporate group structure for India Transact Services Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
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MCA Filings & Documents of India Transact Services Limited
MCA filings and documents for India Transact Services 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
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Recent Activity on India Transact Services Limited
Recent News on India Transact Services Limited
Frequently Asked Questions about India Transact Services Limited
India Transact Services Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 11 July 2007 (19+ years old) and is registered under CIN U72900MH2007PLC172249. The company has 49 employees.
India Transact Services Limited reported revenue of ₹176.27 Cr for FY 2024 (down 9.00% YoY).
The current directors of India Transact Services Limited are:
- Sudip Bandyopadhyay - Director
- Ravi Badrinarain Goyal - Director
- Nikesh Samaiya - Director
The primary industry of India Transact Services Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
India Transact Services Limited can be reached at the registered office: 601 – 602 Trade World B – Wing Kamala City Senapati Bapat Marg Lower Parel West, Mumbai, Maharashtra, India – 400013, or through the website ongo.co.in.
The authorised capital is ₹145 Cr, and the paid-up capital is ₹145 Cr.