About Ebix Payment Services Private Limited
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Ebix Payment Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ebixcash Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 29 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2006PTC160835. Its GSTIN is 27AABCI5133N1ZE (Maharashtra).
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹16.88 Cr. It was formerly known as Ebix Paytech Private Limited and Itz Cash Card Limited. It is led by directors including Richa Sharma and Mansi Gupta.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Manek Plaza Kalina Cst Road Kolekalyan Santacruz (E), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.69 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹4.82 Cr (net margin 28.9%) and EBITDA of ₹8.38 Cr (EBITDA margin 50.2%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 46% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: EbixCash and Itz Cash Card. As per MCA filings, the company has satisfied charges of ₹20 Cr on record. Court records list 22 cases involving the company, including 12 filed by the company and 10 filed against it; 5 cases are pending. The company has 12 deals on record (6 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹144.23 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itzcash.com.
Company details
Name history
Ebix Payment Services has undergone 6 name changes throughout its history. The current legal name is Ebix Payment Services Private Limited.
| Company Name | Status |
|---|---|
| Ebix Payment Services Private Limited | Current |
| Ebix Paytech Private Limited | Previous |
| Itz Cash Card Limited | Previous |
| Itz Cash Limited | Previous |
| Itz Cash Card Private Limited | Previous |
| Ebix Cash Private Limited | Previous |
CIN history
Ebix Payment Services has one previous CIN (Corporate Identification Number): U74999MH2006PLC160835. The current CIN is U74999MH2006PTC160835, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2006PTC160835 | Current |
| U74999MH2006PLC160835 | Previous |
Contact details
Ebix Payment Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is itzcash.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Manek Plaza Kalina Cst Road Kolekalyan Santacruz (E), Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Ebix Payment Services Private Limited, 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
Brands
Ebix Payment Services operates two associated brands: EbixCash and Itz Cash Card. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based money transfer and bill payment platform for individuals and businesses | ebixcash.com | |
| Prepaid card and payment solutions are offered for businesses. | itzcash.com |
Business activity
The main business activity of Ebix Payment Services 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 Ebix Payment Services Private Limited, buy the company report.
Financials of Ebix Payment Services Private Limited
FY 2025 filings availableEbix Payment Services Private Limited reported revenue of ₹16.69 Cr (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 73% fall in the latest year. EBITDA rose 131% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.38 Cr | ||||
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| Net Profit (PAT) | ₹4.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.2% | ||||
| Net Profit Margin | 28.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ebix Payment Services Private Limited, buy the company report.
Board of directors of Ebix Payment Services Private Limited
Ebix Payment Services has 8 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richa Sharma Also directs: Vikas Lifecare Limited, Just Right Life Limited, Ebix Vayam Technologies Private Limited and 1 more | Director | 03 Jan 2025 | 1 Years 9 Months | Current |
| Sanjay Malhotra | Additional Director | 05 Mar 2024 | 2 Years 7 Months | Current |
| Mansi Gupta Also directs: Ebix Travels Private Limited, Carnation Industries Ltd. | Director | 03 Jan 2025 | 1 Years 9 Months | Current |
| Sheetal Singh | Director | 12 Feb 2022 | 4 Years 8 Months | Current |
| Hariprasad Meenoth Panichikkil Also directs: Delphi World Money Limited, Ebix Money Express Private Limited, Ebixcash World Money Global Ifsc Private Limited and 1 more | Director | 23 Dec 2024 | 1 Years 9 Months | Current |
| Chandan Kumar Also directs: Utkrisht Bharat Vikas Management LLP, Vikas Lifecare Limited, Igl Genesis Technologies Limited and 4 more | Director | 11 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Ebix Payment Services Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Ebix Payment Services Private 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ebix Payment Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2015 | 10565078 | Axis Bank Limited | ₹15 Cr | Satisfied | |
| 28 Mar 2014 | 10491310 | Rbl Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Ebix Payment Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ebix Payment Services Private Limited has 12 deals on record (6 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹144.23 Cr; the latest was in March 2019.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Ebixcash World Money Limited Seller: Ebix Singapore Pte. Limited |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Ebixcash Private Limited, Ebix Singapore Pte. Limited, an individual Seller: Ganjam Trading Company Private Limited , Vyoman India Private Limited , Z47 (Matrix Partners India) |
| May 2016 | Rights issue | ₹61.18 Cr | Investors: Ganjam Trading Company Private Limited |
| May 2016 | Rights issue | ₹15.98 Cr | Investors: Ganjam Trading Company Private Limited |
| Sep 2015 | Rights issue | ₹24.83 Cr | Investors: Ganjam Trading Company Private Limited , an individual |
To see the full deal history of Ebix Payment Services Private 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
Ebix Payment Services Private Limited has 22 court cases on record: 12 filed by Ebix Payment Services, 10 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 5 | 4 |
| District courts | 9 | 2 | 0 |
| Supreme Court | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Vyoman India Private Limited and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ebix Technologies Limited Formerly Ebix Cash Limited and 1 other | Disposed |
| High Court | Court case (CARBP) | Filed against the company by Vyoman India Private Limited and 1 other | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Aurangabad Smart City Development Corporation Limited Through Smart City Bus Division and 2 others | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Aurangabad Smart City Development Corporation Limited Thru. Chief Executive Officer | Disposed |
To see the full case history of Ebix Payment Services 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 Ebix Payment Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ebix Payment Services Private Limited has a workforce of 76 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Ebix Payment Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI5133N1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ebix Payment Services Private Limited, buy the company report.
Recent activity
Ebix Payment Services Private Limited has 40 board changes on record since 2015: 8 appointments and 32 cessations. The latest: Chandan Kumar ceased to be Additional Director on 28 Aug 2025.
36 earlier events are in the company report.
News
Frequently asked questions
Ebix Payment Services is an active private 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 2006 (20+ years old) and is registered under CIN U74999MH2006PTC160835.
Ebix Payment Services has 8 current directors:
- Richa Sharma - Director
- Sanjay Malhotra - Additional Director
- Mansi Gupta - Director
- Sheetal Singh - Director
- Hariprasad Meenoth Panichikkil - Director
- Chandan Kumar - Director
- Guruprasad Tiruvanamalai Chandrashekaran - Director
- Deepak Bhatia - Manager
The latest financial statements of Ebix Payment Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ebix Payment Services is 27AABCI5133N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ebix Payment Services is U74999MH2006PTC160835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ebix Payment Services has 22 court cases on record: 12 filed by the company and 10 filed against it. 5 are pending. Most are in the high courts.
Ebix Payment Services was incorporated on 29 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Ebix Payment Services has 12 deals on record (6 secondary share transfers, 3 funding rounds, 3 rights issues), with disclosed funding of ₹144.23 Cr; the latest was in March 2019.
Chandan Kumar ceased to be Additional Director on 28 Aug 2025. Hariprasad Meenoth Panichikkil ceased to be Additional Director on 28 Aug 2025. Karan Bagga ceased to be Additional Director on 28 Aug 2025. Ebix Payment Services has 40 board changes on record in total.
Ebix Payment Services can be reached through the website itzcash.com. Its registered office is in Mumbai, Maharashtra, India.