About Jambopay Express Private Limited
Data last updated:
Jambopay Express Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 14 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51219MP2011PTC066583. Its GSTIN is 23AABCU3513E2ZW (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹20.32 Lakh. It was formerly known as Ulta Chasma Commodities Private Limited. It is led by directors Abhishekh Charandas Bhasme and Manan Dixit.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Electronics Complex Pardeshipura Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.89 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹71.88 Lakh (net margin 7.3%) and EBITDA of ₹1.19 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 237% over three years and 147% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Jambopay Express and FidyPay. As per MCA filings, the company has satisfied charges of ₹18 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 fidypay.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressElectronics Complex Pardeshipura Indore, Madhya Pradesh, India – 452010
- IndustryInternet, Online Financial Services
- 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
- One PDF report, delivered after checkout
CIN History of Jambopay Express Private Limited
Jambopay Express has one previous CIN (Corporate Identification Number): U51219GJ2011PTC067120. The current CIN is U51219MP2011PTC066583, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51219MP2011PTC066583 | Current |
| U51219GJ2011PTC067120 | Previous |
Associated Brands with Jambopay Express Private Limited
Jambopay Express operates two associated brands: Jambopay Express and FidyPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering tips on fishkeeping, aquarium setup, and eco-friendly practices. | jambopayexpress.com | |
| Provider of payment solutions for businesses | fidypay.com |
Competitors & Alternatives of Jambopay Express Private Limited
Brands and companies operating in the same space as Jambopay Express Private Limited include Paytm, PhonePe, Zeta and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Paytm | Digital payments, financial services, and e-commerce platforms are provided. | Noida, India | 2000 |
 PhonePe | Payment, financial, investment, and lending services are provided digitally. | Bengaluru, India | 2012 |
 Zeta | Payment and banking solutions are provided to users and banks. | San Ramon, United States | 2015 |
 MobiKwik | Operator of platform for online mobile, DTH recharge, and bill payments | Gurugram, India | 2009 |
 MoneyGram | Cross-border payments are enabled via wallet solutions for consumers. | Dallas, United States | 1940 |
 YouTrip | NFC-enabled travel cards and wallets are provided for travelers. | Singapore | 2018 |
 Falcon | A cloud-native platform is provided for next-generation financial products. | Gurugram, India | 2012 |
 FreeCharge | Digital wallet services for bill payments and recharges are facilitated. | Gurugram, India | 2010 |
 Citrus Pay | Online payment app for consumers and businesses | Mumbai, India | 2011 |
 Spice Money | Digital payment and banking service provider in rural areas | Noida, India | 2000 |
Business Activity of Jambopay Express Private Limited
The main business activity of Jambopay Express is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Jambopay Express Private Limited
Jambopay Express Private Limited is audited by Rakesh Soni & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rakesh Soni & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Jambopay Express Private Limited
Jambopay Express has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishekh Charandas Bhasme | Director | 14 Jun 2024 | 2 Years 3 Months | Current |
| Manan Dixit Also directs: Futuremind Innovators LLP | Director | 01 Aug 2021 | 5 Years 2 Months | Current |
Financials of Jambopay Express Private Limited FY 2024 filings available
Jambopay Express Private Limited reported revenue of ₹9.89 Cr (up 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Jambopay Express Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 147% over five years, including 53% growth in the latest year. EBITDA rose 35% 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 of Jambopay Express Private Limited
| 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 | ₹1.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹71.88 Lakh | •••• | •••• | •••• | •••• |
| 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 of Jambopay Express Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jambopay Express are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Jambopay Express Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Jambopay Express Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2017 | Bank of India | ₹18 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Jambopay Express Private Limited
Jambopay Express Private Limited has a workforce of 30 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Jambopay Express Private Limited
Jambopay Express has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCU3513E2ZW | Madhya Pradesh | Active | 07 Dec 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Jambopay Express Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Jambopay Express Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Jambopay Express Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Jambopay Express Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Jambopay Express Private Limited
Recent News on Jambopay Express Private Limited
Frequently Asked Questions about Jambopay Express Private Limited
Jambopay Express is an active private limited company based in Indore, Madhya Pradesh, India. The company works in online financial services, within the internet industry. It was incorporated on 14 September 2011 (15+ years old) and is registered under CIN U51219MP2011PTC066583.
Jambopay Express reported revenue of ₹9.89 Cr for FY 2024 (up 53% YoY).
Jambopay Express has 2 current directors:
- Abhishekh Charandas Bhasme - Director
- Manan Dixit - Director
Jambopay Express reported a net profit of ₹71.88 Lakh (net margin 7.3%) and EBITDA of ₹1.19 Cr (EBITDA margin 12.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jambopay Express is 237% over three years and 147% over five years. In the latest year (FY 2024) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jambopay Express is 23AABCU3513E2ZW, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Jambopay Express is U51219MP2011PTC066583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jambopay Express was incorporated on 14 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Yes, Jambopay Express is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).