India's Most Valuable Companies 2023 edition · Source: Hurun India
Rank#349- Valuation
- ₹10,900 Cr
2022 #111 2021 #265
Revenue · FY 2024
₹2,446.19 Cr
▼ 12% YoY
Net profit · FY 2024
₹121.21 Cr
Net margin 5%
EBITDA · FY 2024
₹225.72 Cr
EBITDA margin 9.2%
Authorised capital
₹11.5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Satisfied charges
₹120 Cr
No open charges
Company age
26 yrs
Est. 2000
Employees · EPFO
742
Provident fund records
About Indiaideas Com Limited
Data last updated:
Indiaideas Com Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 29 March 2000 and has been in existence for over 26 years.
Its director M N Srinivasu is #1,233 among India's richest people (2026). Its director Ajay Kaushal is #1,277 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2000PLC125441. Its GSTIN is 27AAACI7986C1ZD (Maharashtra). The company holds 15 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Indiaideas.Com Private Limited. It is led by directors including Srinivasu Nagesvar Mallapragada (Whole-Time Director) and Ajay Kaushal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,446.19 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹121.21 Cr (net margin 5%) and EBITDA of ₹225.72 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
The company has about 742 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 4 brands: Hatio, IndiaIdeas, Jocata and BillDesk. As per MCA filings, the company has satisfied charges of ₹120 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 2 cases are pending. The company has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3,368.39 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website billdesk.com.
Company details
CIN U72300MH2000PLC125441
Registration Number 125441
Incorporation Date 29 March 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Name history
Indiaideas Com has undergone 2 name changes throughout its history. The company was previously known as Indiaideas.Com Limited, and Indiaideas.Com Private Limited. The current legal name is Indiaideas Com Limited.
| Company Name | Status |
|---|---|
| Indiaideas Com Limited | Current |
| Indiaideas.Com Limited | Previous |
| Indiaideas.Com Private Limited | Previous |
Key People
Srinivasu Nagesvar Mallapragada Whole-Time Director Ajay Kaushal Whole-Time Director Anand Agarwal Additional Director Recognitions & Rankings of Indiaideas Com
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,233 M N Srinivasu ₹1,900 Cr
- #1,277 Ajay Kaushal ₹1,800 Cr
Contact details
Indiaideas Com Limited's registered office is in Mumbai, Maharashtra. Its website is billdesk.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10th Floor Supreme Chambers 17/18, Shah Industrial Estate Off Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Indiaideas Com Limited, buy the company report.
Comprehensive company report
Indiaideas Com 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Indiaideas Com operates multiple associated brands including Hatio, IndiaIdeas, and Jocata. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers financial payouts and innovations for businesses and users. | hatio.in | |
| Provider of AI and cloud based financial planning and investment management solutions | jocata.com | |
| Provider of an online payment gateway platform | billdesk.com | |
| Limited information available | indiaideas.com |
Business activity
The main business activity of Indiaideas Com is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Indiaideas Com Limited, buy the company report.
Financials of Indiaideas Com Limited
FY 2024 filings availableIndiaideas Com Limited reported revenue of ₹2,446.19 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹2,446.19 Cr ▼ 12%
Net profit · FY 2024
₹121.21 Cr margin 5%
EBITDA · FY 2024
₹225.72 Cr margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 3%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 15%
5 years · compounded
▼ 1%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 12% 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 | ₹225.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹121.21 Cr | ||||
| 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 | 9.2% | ||||
| Net Profit Margin | 5% | ||||
| 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 Indiaideas Com Limited, buy the company report.
Board of directors of Indiaideas Com Limited
Indiaideas Com has 9 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Agarwal Also directs: General Atlantic Private Limited | Additional Director | 25 Apr 2025 | 1 Years 6 Months | Current |
| Manju Agarwal Also directs: Gulf Oil Lubricants India Limited, Gocl Corporation Limited, Polycab India Limited and 5 more | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Srinivasu Nagesvar Mallapragada | Whole-Time Director | 01 Oct 2009 | 17 Years 1 Months | Current |
| Mohit Naresh Bhandari | Nominee Director | 14 Dec 2016 | 9 Years 10 Months | Current |
| Rajan Jitendra Mehra | Nominee Director | 29 Mar 2011 | 15 Years 7 Months | Current |
| Ajay Kaushal Also directs: Loylty Rewardz Management Private Limited | Whole-Time Director | 01 Oct 2009 | 17 Years 1 Months | Current |
Showing 6 of 9 current directors. View all directors
Auditor
Indiaideas Com Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Indiaideas Com Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indiaideas Com Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹120 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2015 | 10566300 | Citicorp Finance (India) Limited | ₹120 Cr | Satisfied |
To see the full charge records of Indiaideas Com Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Indiaideas Com Limited has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3,368.39 Cr; the latest was in March 2021.
Total deals
12
Secondary share transfers
8
Funding rounds
4
Disclosed funding
₹3,368.39 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Zad Investments Limited, Saf Capital Investments Limited, Upton Investments Holdings Limited Seller: March Capital Partners |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Irani Children's Trust Of 2006 Seller: Clearstone Venture Advisors |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: TA Associates Seller: BANK OF BARODA, STATE BANK OF INDIA, 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: TA Associates, Clearstone Venture Advisors Seller: SIDBI Ventures |
| Sep 2011 | Secondary share transfer | Undisclosed | Seller: BANK OF BARODA |
To see the full deal history of Indiaideas Com Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indiaideas Com Limited has 7 court cases on record: 3 filed by Indiaideas Com, 4 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
3
Filed against the company
4
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (S) | Filed by the company against Supreme Industries Ltd and 1 other | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Supreme Industries Limited and 1 other | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Supreme Industries Limited and 1 other | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by National Board of Examinations in Medical Sciences | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by National Board of Examinations | Disposed |
To see the full case history of Indiaideas Com Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indiaideas Com Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indiaideas Com has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Jocata Financial Advisory & Technology Services Private Limited | U67110TG2010PTC071247 | |
| Hatio Innovations Private Limited | U72900KL2017PTC084328 | |
| Loylty Rewardz Management Private Limited | U74140MH2006PTC162836 |
To see the full group structure of Indiaideas Com Limited, buy the company report.
Employees & EPFO
Indiaideas Com Limited has a workforce of 742 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
742
Active EPFO establishments
1
Employee growth
14.15%
GST
Indiaideas Com has 15 GST registrations: 1 active and 14 cancelled or inactive.
Total GSTINs
15
Active
1
Cancelled / inactive
14
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI7986C1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indiaideas Com Limited, buy the company report.
Recent activity
Indiaideas Com Limited has 30 board changes on record since 2006: 9 appointments and 21 cessations. The latest: Anand Agarwal was appointed as Additional Director on 25 Apr 2025.
Appointed
Anand Agarwal was appointed as Additional Director.
Ceased
Sandeep Achyut Naik ceased to be Nominee Director.
AGM
Indiaideas Com Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Filing
Indiaideas Com Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Balasubramanyam Sriram ceased to be Additional Director.
Appointed
Balasubramanyam Sriram was appointed as Director.
Ceased
Leo Puri ceased to be Additional Director.
Ceased
Manju Agarwal ceased to be Additional Director.
Appointed
Manju Agarwal was appointed as Director.
Ceased
Amit Soni ceased to be Nominee Director.
Appointed
Mohit Naresh Bhandari was appointed as Nominee Director.
Ceased
Venkateswarlu Kakkera ceased to be Nominee Director.
23 earlier events are in the company report.
News
Frequently asked questions
Indiaideas Com is an active public limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 29 March 2000 (26+ years old) and is registered under CIN U72300MH2000PLC125441.
Indiaideas Com has 9 current directors:
- Srinivasu Nagesvar Mallapragada - Whole-Time Director
- Ajay Kaushal - Whole-Time Director
- Anand Agarwal - Additional Director
- Manju Agarwal - Director
- Mohit Naresh Bhandari - Nominee Director
- Rajan Jitendra Mehra - Nominee Director
- Sumant Mandal - Nominee Director
- Dhiraj Poddar - Nominee Director
- Balasubramanyam Sriram - Director
The latest financial statements of Indiaideas Com on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Indiaideas Com is 27AAACI7986C1ZD, registered in Maharashtra. The company has 15 GST registrations in all, of which 1 is active and 14 are cancelled or inactive.
The CIN (Corporate Identification Number) of Indiaideas Com is U72300MH2000PLC125441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiaideas Com has 7 court cases on record: 3 filed by the company and 4 filed against it. 2 are pending.
Indiaideas Com was incorporated on 29 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Indiaideas Com has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3,368.39 Cr; the latest was in March 2021.
Anand Agarwal was appointed as Additional Director on 25 Apr 2025. Sandeep Achyut Naik ceased to be Nominee Director on 01 Apr 2025. Balasubramanyam Sriram ceased to be Additional Director on 29 Sep 2021. Indiaideas Com has 30 board changes on record in total.
Indiaideas Com can be reached through the website billdesk.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages