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Innopay Technologies Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹32.52 Cr
▲ 149% YoY
Net profit · FY 2024
₹8.72 Cr
Net margin 26.8%
EBITDA · FY 2024
₹13.43 Cr
EBITDA margin 41.3%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.97 Cr
Issued & subscribed
Open charges
₹12.6 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
31
Provident fund records
About Innopay Technologies Private Limited
Data last updated:
Innopay Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 25 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U66190KA2020PTC137657. Its GSTIN is 29AAFCI7666C1ZB (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.97 Cr. It is led by directors Anuradha Puvvada and Keerthi Akkineni.
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 Sector 4, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.52 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net profit of ₹8.72 Cr (net margin 26.8%) and EBITDA of ₹13.43 Cr (EBITDA margin 41.3%).
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innopay. As per MCA filings, the company has open charges of ₹12.6 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Innopay Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0012743). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innopaytech.com.
Company details
CIN U66190KA2020PTC137657
Registration Number 137657
Incorporation Date 25 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0012743
CIN history
Innopay Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U66190KA2020PTC137657, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190KA2020PTC137657 | Current |
| U74999KA2020PTC137657 | Previous |
| U63122KA2020PTC137657 | Previous |
Recognitions & Rankings of Innopay Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-KR-03-0012743
Contact details
Innopay Technologies Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#460 17th Cross, Sector 4 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Digital Payment Solutions
Comprehensive company report
Innopay Technologies 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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Secure checkout · GST invoice included
Brands
Innopay Technologies operates one associated brand: Innopay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Money transfers and bill payments are facilitated via mobile app. | innopay.in |
Business activity
The main business activity of Innopay Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Innopay Technologies Private Limited, buy the company report.
Financials of Innopay Technologies Private Limited
FY 2025 filings availableInnopay Technologies Private Limited reported revenue of ₹32.52 Cr (up 149% YoY) for FY 2024.
Revenue · FY 2024
₹32.52 Cr ▲ 149%
Net profit · FY 2024
₹8.72 Cr margin 26.8%
EBITDA · FY 2024
₹13.43 Cr margin 41.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 149%
EBITDA CAGR growth
1 year
▲ 127%
3 years · compounded
▲ 419%
Revenue rose 149% in the latest year. EBITDA rose 127% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹13.43 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.72 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 41.3% | |||
| Net Profit Margin | 26.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Innopay Technologies Private Limited, buy the company report.
Board of directors of Innopay Technologies Private Limited
Innopay Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuradha Puvvada Also directs: Maurya Green Energies Limited, Innobuild Land Holdings Private Limited, Innopay Retail Private Limited and 3 more | Director | 25 Aug 2020 | 6 Years 2 Months | Current |
| Keerthi Akkineni Also directs: Innopay Ventures LLP, Maurya Green Energies Limited, Innobuild Land Holdings Private Limited and 5 more | Director | 25 Aug 2020 | 6 Years 2 Months | Current |
Charges & borrowings
Open charges
₹12.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2024 | 101058636 | Others | ₹2 Cr | Open | |
| 04 Jun 2024 | 100935959 | Axis Bank Limited | ₹10 Lakh | Open | |
| 17 Nov 2023 | 100843777 | Others | ₹10.5 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Innopay Technologies Private Limited has 2 court cases on record: 2 filed by Innopay Technologies. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Innopay Technologies Private 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 Innopay Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innopay Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI7666C1ZB | Karnataka | Active | 29 Aug 2020 |
To see the full GST registrations and return filing status of Innopay Technologies Private Limited, buy the company report.
Recent activity
Innopay Technologies Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Anuradha Puvvada was appointed as Director on 25 Aug 2020.
AGM
Innopay Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innopay Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101058636 was registered on 21 Nov 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100935959 was registered on 04 Jun 2024.
Charges
A charge with Others amounted to Rs. 10.50 Cr with Charge ID 100843777 was registered on 17 Nov 2023.
Appointed
Anuradha Puvvada was appointed as Director.
Appointed
Keerthi Akkineni was appointed as Director.
Incorporation
25 Aug 2020
Innopay Technologies Private Limited was registered on 25 Aug 2020 with Roc Bangalore & aged 6 years 2 months as per MCA records.
Frequently asked questions
Innopay Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 25 August 2020 (6+ years old) and is registered under CIN U66190KA2020PTC137657.
Innopay Technologies has 2 current directors:
- Anuradha Puvvada - Director
- Keerthi Akkineni - Director
The latest financial statements of Innopay Technologies 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 2021 are in the company report.
The GSTIN of Innopay Technologies is 29AAFCI7666C1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Innopay Technologies is U66190KA2020PTC137657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innopay Technologies has 2 court cases on record: 2 filed by the company. 1 is pending.
Innopay Technologies was incorporated on 25 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Anuradha Puvvada was appointed as Director on 25 Aug 2020. Keerthi Akkineni was appointed as Director on 25 Aug 2020.
Yes, Innopay Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innopay Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0012743).