Ippopay Technologies Private Limited

Ippopay Technologies Private Limited - financial services in Chennai City Corporation, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U72900TN2020PTC139372 Incorporated 11 November 2020 ROC Chennai HQ Chennai City Corporation, Tamil Nadu, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹12.99 Cr
▼ 28.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹10.5 Lakh
Registered with MCA
Paid-up capital
₹1.36 Lakh
Issued & subscribed
Open charges
₹89.96 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
404
Latest available

About Ippopay Technologies Private Limited

Data last updated: 15 December 2025

Ippopay Technologies Private Limited is a private limited company based in Chennai City Corporation, Tamil Nadu, India, recognised as a startup by DPIIT. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 11 November 2020, the company has been in operation for over 6 years.

Registered with ROC Chennai under CIN U72900TN2020PTC139372.

Capital: an authorised share capital of ₹10.5 Lakh and a paid-up capital of ₹1.36 Lakh. It is led by director Rajavelu Jaikumar.

Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: Chennai City Corporation, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹12.99 Cr, a decline of 28% compared to the previous year.

The company has a workforce of approximately 404 employees as per the latest available data.

The company is associated with 2 brands - Ippostack, Ippopay. As per MCA filings, the company has open charges of ₹89.96 Lakh 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 ippopay.com.

Company Details of Ippopay Technologies Private Limited
CIN U72900TN2020PTC139372
Registration Number 139372
Incorporation Date 11 November 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Indiqube Excellence B16 & B17, Thiru – Vi – Ka Industrial Estate Guindy, Chennai City Corporation, Tamil Nadu, India – 600032
  • Industry
    Financial Services, Digital Payment Solutions
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Financials, compliance, directors, charges, ownership and filings for Ippopay Technologies Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Ippopay Technologies Private Limited

Ippopay Technologies Private Limited operates two associated brands: IppoStack and IppoPay. These brands represent Ippopay Technologies Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides banking API solutions tailored for financial institutions to enhance their services. ippostack.com
QR codes and UPIs are used for business payment acceptance. ippopay.com

Competitors & Alternatives of Ippopay Technologies Private Limited

Brands and companies operating in the same space as Ippopay Technologies Private Limited include Stripe, Razorpay, Zeta and 7 more.

Competitor Description Location Founded
Stripe Stripe Payment processing and card issuance solutions are provided for businesses. San Francisco, United States, United States 2009
Razorpay Razorpay Payment and business banking solutions are provided for enterprises. Bengaluru, India, India 2014
Zeta Zeta Payment and banking solutions are provided to users and banks. San Ramon, United States, United States 2015
PayU PayU Online payment processing and credit solutions are provided for businesses. Amsterdam, Netherlands, Netherlands 2002
Flutterwave Flutterwave Provider of payment processing solutions for businesses San Francisco, United States, United States 2016
Adyen Adyen Payment issuance and processing solutions are provided for businesses. Amsterdam, Netherlands, Netherlands 2006
Mintoak Mintoak Digital payments and engagement solutions are offered for MSMEs. Mumbai, India, India 2017
Pine Labs Pine Labs Omnichannel payment solutions, loyalty programs, and business tools are provided. Noida, India, India 1998
HighRadius HighRadius Autonomous finance and payment solutions are provided to businesses. Houston, United States, United States 2006
ACI Worldwide ACI Worldwide Digital payments are processed and managed via specialized solutions. Omaha, United States, United States 1975

Business Activity of Ippopay Technologies Private Limited

Ippopay Technologies Private Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J2 Publishing of computer operating systems, system software, application software, games, etc. Locked
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Business activity turnover details for Ippopay Technologies Private Limited

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Auditor Details of Ippopay Technologies Private Limited

Ippopay Technologies Private Limited is audited by R C A S and Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
R C A S and Associates LLP Locked Locked Locked
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Complete auditor history for Ippopay Technologies Private Limited

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Board of Directors and KMP of Ippopay Technologies Private Limited

Ippopay Technologies Private Limited currently reports 1 director and 1 key managerial person.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Mohan Karuppaiah Ceo 15 Jun 2022 4 Years 1 Months Current
Rajavelu Jaikumar Director 11 Nov 2020 5 Years 8 Months Current

Financials of Ippopay Technologies Private Limited FY 2024 filings available

Ippopay Technologies Private Limited reported revenue of ₹12.99 Cr (down 28.00% YoY) for FY 2025.

Revenue · FY 2025
₹12.99 Cr ▼ 28.00%
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Ten-year financial statements for Ippopay Technologies Private Limited

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Ownership and Shareholding of Ippopay Technologies Private Limited

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Shareholding and ownership data for Ippopay Technologies Private Limited

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Charges & Borrowings of Ippopay Technologies Private Limited

Open charges
₹89.96 Lakh
Satisfied charges
₹0
Breakdown by lending institutions
Hdfc Bank Limited₹0.90 Cr
Latest charge details
DateLenderAmountStatus
04 Jan 2023 Hdfc Bank Limited ₹19.66 Lakh Open
29 Apr 2022 Hdfc Bank Limited ₹70.3 Lakh Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Ippopay Technologies Private Limited

Ippopay Technologies Private Limited has a workforce of 404 employees as of Apr 05, 2024.

Employee count
404
Active EPFO establishments
2
Employee growth
92.38%
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Employee and EPFO history for Ippopay Technologies Private Limited

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GST Compliance of Ippopay Technologies Private Limited

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GST registrations and filing compliance for Ippopay Technologies Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Ippopay Technologies Private Limited

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Credit ratings, litigation, and regulatory alerts for Ippopay Technologies Private Limited

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MSME Payment Delays by Ippopay Technologies Private Limited

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MSME payment history for Ippopay Technologies Private Limited

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Subsidiaries & Group Companies of Ippopay Technologies Private Limited

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Corporate group structure for Ippopay Technologies Private Limited

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MCA Filings & Documents of Ippopay Technologies Private Limited

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MCA filings and documents for Ippopay Technologies Private Limited

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Recent Activity on Ippopay Technologies Private Limited

Activity
27 Sep 2024
Ippopay Technologies Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Ippopay Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
04 Jan 2023
A charge with Hdfc Bank Limited amounted to Rs. 19.66 Lakh with Charge ID 100697957 was registered on 04 Jan 2023.
Directors
15 Jun 2022
Mohan Karuppaiah was appointed as a CEO on 15 Jun 2022 & has been associated with this company since 4 years 30 days.
Directors
15 Jun 2022
Mohan Karuppaiah was appointed as a CEO on 15 Jun 2022 & has been associated with this company since 4 years 30 days.
Charges
29 Apr 2022
A charge with Hdfc Bank Limited amounted to Rs. 70.30 Lakh with Charge ID 100590375 was registered on 29 Apr 2022.

Frequently Asked Questions about Ippopay Technologies Private Limited

Ippopay Technologies Private Limited is an active private limited company in the financial services sector based in Chennai City Corporation, Tamil Nadu, India. It was incorporated on 11 November 2020 (6+ years old) and is registered under CIN U72900TN2020PTC139372. The company has 404 employees.

Ippopay Technologies Private Limited reported revenue of ₹12.99 Cr for FY 2025 (down 28.00% YoY).

The current directors and KMP of Ippopay Technologies Private Limited are:

The primary industry of Ippopay Technologies Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.

Yes, Ippopay Technologies Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Ippopay Technologies Private Limited can be reached at the registered office: Indiqube Excellence B16 & B17, Thiru – Vi – Ka Industrial Estate Guindy, Chennai City Corporation, Tamil Nadu, India – 600032, or through the website ippopay.com.

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