Razorpay Services Private Limited - Company Profile

It is a information technology private limited company based in Pune, Maharashtra, India, established in 2015.
2015 Pune, Maharashtra, India Active
Last Updated:
About Razorpay Services Private Limited

Razorpay Services Private Limited, a active private limited company, was established on 02 September 2015 in Pune, Maharashtra, India. Engaging in computer programming within the information and communication sector, it holds CIN: U72300PN2015PTC156373. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.40 M.

Formerly known as Izealiant Technologies Private Limited. It upholds a compliant status. Employing 51 professional, Its leadership includes Shashank Kumar (Nominee Director), Ajitabh Banerji (Nominee Director), Harshil Mathur (Director). Past directors included Sachin Yeshwant Pagare, Rajesh Manohar Bhandarkar, Prashant Laxman Mengawade. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at S. No. 14, 4Th Floor, West Tower,, Marisoft-1, Marisoft It Park, Marigold Premises, Kalyani Nagar, Pune, Maharashtra, 411014.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U72300PN2015PTC156373

  • Registration Number

    156373

  • Incorporation Date

    02 September 2015

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.40 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.40 M
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth ****-46.83%
  • Profit Growth ****-2816.81%
  • Ebitda **** -8349.69%
  • Net Worth -451.91%
  • Total Assets ****113.11%
Company report

Razorpay Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Razorpay Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Razorpay Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Shashank Kumar Nominee Director 21 Feb 2022 Current
Ajitabh Banerji Nominee Director 21 Feb 2022 Current
Harshil Mathur Director 24 Jul 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Feb 2022 Past
Pramod Abcsdd Director 21 Feb 2022 Past
Pramod Abcsdd Director 05 Dec 2022 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Additional Director 29 Sep 2025 Past
Pramod Abcsdd Director 26 Nov 2018 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Razorpay Services.

Razorpay Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.83% decrease. The company also saw a substantial fall in profitability, with a 2816.81% decrease in profit. The company's net worth observed a substantial decline by a decrease of 451.91%.

Razorpay Services revenue growth over time
Razorpay Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
-46.83%
*******
*******
*******
*******
Revenue from Operations
*******
-47.71%
*******
*******
*******
*******
Total Assets
*******
113.11%
*******
*******
*******
*******
Profit or Loss
*******
-2816.81%
*******
*******
*******
*******
Net Worth
*******
-451.91%
*******
*******
*******
*******
EBITDA
*******
-8349.69%
*******
*******
*******
*******
What is the Ownership and Shareholding Structure of Razorpay Services?

In 2023, Razorpay Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Razorpay Services?

Razorpay Services has a workforce of 51 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Razorpay Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Razorpay Services's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Razorpay Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity Razorpay Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Harshil Mathur was appointed as a Director was appointed as a Director on 24 Jul 2025 & has been associated with this company since 6 months 2 days . was completed.

  • Balance Sheet

    The activity Razorpay Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was completed.

  • Director Appointment

    Shashank Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 21 Feb 2022 & has been associated with this company since 3 years 11 months . was recorded as a recent event.

  • Director Appointment

    The activity Ajitabh Banerji was appointed as a Nominee Director was appointed as a Nominee Director on 21 Feb 2022 & has been associated with this company since 3 years 11 months . was completed.

  • Company Incorporation

    The activity Razorpay Services Private Limited was registered on 02 Sep 2015 with Roc Pune & aged 10 years 4 months as per MCA records. was completed.

Recent News, Updates & Announcement
  • Razorpay Services news update on market trends
  • Razorpay Services news update on market trends
    Razorpay Launches Innovative UPI QR and Contactless Payment Device at FTX'24, Aiming to Transform Retail Payments.

    Discover Razorpay's latest innovation - a dual-functionality device supporting QR-based payments and contactless card transactions, designed to revolutionize retail payments in India's organized retail sector..

    BNN

  • Razorpay Services news update on market trends
    Razorpay Surpasses ‘USD 150’ Billion in TPV, Unveils New Payment Gateway ‘Payment Gateway 3.0’ and.

    The company also launched ‘Payment Gateway 3.0’, making it India’s only payment gateway that solves not just the payment journey but the whole buyer journey..

    LatestLY

  • Razorpay Services news update on market trends
  • Razorpay Services news update on market trends
    Razorpay Becomes the First Indian FinTech to Receive the Coveted Data Security and Compliance Certification, 'System and Organisation Control 3' | Technology.

    Razorpay Indias Leading Omnichannel Payments and Banking Platform for Businesses has announced that it has received one of the most sought-after data security and compliance recognitions - lsquoSystem and Organisation Control 3 SOC 3 Certificationrsquo SOC 3 Compliance applies to any organization that stores sensitive customer data while processing online transactions such as financial information health records or personally identifiable information SOC 3 is a globally recognized and respected standard for managing and safeguarding sensitive customer data Razorpay is the first fintech company in India to have achieved this compliance milestone In the fast-paced world of fintech SOC 3 certification emerges as a beacon of trust and credibility as it signifies a commitment to safeguarding sensitive financial data In a country where the fintech adoption rate stands at 87 as against the global average of 64 achieving the SOC 3 certification becomes a narrative of resilience assurance and market prominence in the dynamic fintech landscape In the era of heightened cyber threats this certification serves as a shield managing risks and meeting customer expectations of robust data protection Committed to upholding the highest standards of compliance data security and privacy Hilal Lone Chief Information Security Officer Razorpay said ldquoWe are thrilled to have received the SOC 3 certification a significant milestone that reflects our ongoing commitment to providing secure and reliable solutions to our customers Our teams are relentlessly working round the clock to ensure that our platform is secured with the highest standards of security in order to safeguard our customers Compliance privacy and data security are the cornerstones of our forward-thinking ethos thus calling for constant upgrades of our certifications and standardisations around privacy and data securityrdquo The certification signifies that Razorpay has undergone a rigorous evaluation of its controls related to data security be it maintaining the integrity of data processing or upholding the confidentiality of sensitive information and protecting the privacy of customer data to successfully meet the robust security standards set by the SOC 3 framework For Razorpay customer confidence is paramount and the SOC 3 certification is one of the ways by which it assures its customers that their financial information is handled with the utmost care and never misused With its razor-sharp focus on building the financial backbone for Indian businesses Razorpayrsquos offerings are aimed at ensuring the safety of merchants and end-consumers both offline and online Today Razorpay serves more than 10 Million businesses in India which are safeguarded by top-notch security and compliance standards that are recognized globally Looking ahead Razorpay will continue its dedication to excellence in the regulatory and compliance domain by prioritizing investments and fostering innovations in these areas About Razorpay Razorpay Indiarsquos leading omnichannel payments and banking platform helps Indian businesses with comprehensive and innovative solutions built over robust technology to address the entire length and breadth of the payment and banking journey for any business Established in 2014 the company provides technology payment solutions to over 10 Mn businesses Founded by alumni of IIT Roorkee Shashank Kumar and Harshil Mathur Razorpay is the second Indian company to be a part of Silicon Valleyrsquos largest tech accelerator Y Combinator Marquee investors such as Lone Pine Capital Alkeon Capital TCV GIC Tiger Global Sequoia Capital India Ribbit Capital Matrix Partners Salesforce Ventures Y Combinator and MasterCard have invested a total of 7415 Mn through Series A to F in funding A few angel investors have also invested in Razorpayrsquos mission to simplify payments and business banking and redefine how finance works in India.

    Devdiscourse

  • Razorpay Services news update on market trends
    "Razorpay's Potential Move to India Hindered by US Taxes and NCLT Approval Delays, But Government Talks Offer Hope".

    When Razorpay wants to move to India, but US taxes be like $250-300 million. Advisors are like "nah fam, not worth it" cuz Razorpay's value went down to $3-4 billion. They tryna merge and get approval from NCLT, but it's taking too long. They wanna list on Indian stock exchanges and be better at dealing with rules. They talked to the government too. Started in 2014, now they do a lot of stuff. Got $375 million in 2021 and became a unicorn. Made some money in 2022 too. But now everyone's thinking about moving back to India cuz taxes suck..

    Inc42 Media

Frequently Asked Questions
What is the CIN of Razorpay Services Private Limited?

The CIN of Razorpay Services Private Limited is U72300PN2015PTC156373.

Where is Razorpay Services Private Limited headquartered?

Razorpay Services Private Limited is headquartered at S. No. 14, 4Th Floor, West Tower,, Marisoft-1, Marisoft It Park, Marigold Premises, Kalyani Nagar, Pune, Maharashtra, 411014.

When was Razorpay Services Private Limited incorporated?

Razorpay Services Private Limited was incorporated on 02 September 2015.

Who are the current directors of Razorpay Services Private Limited?

The current directors of Razorpay Services Private Limited are

What is the primary industry of Razorpay Services Private Limited?

The primary industry of Razorpay Services Private Limited is Information And Communication.

Is Razorpay Services Private Limited a listed company?

Razorpay Services Private Limited is unlisted.

What is the capital structure of Razorpay Services Private Limited?

The authorized capital of Razorpay Services Private Limited is ₹5.00 M, and the paid-up capital is ₹3.40 M.

What is the compliance status of Razorpay Services Private Limited?

The compliance status of Razorpay Services Private Limited is Compliant.

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