Manipal Payment And Identity Solutions Limited - Company Profile

It is a information technology public limited company based in Manipal, Karnataka, India, established in 2008.

2008 Manipal, Karnataka, India Active

Last Updated: March 11, 2026

About Manipal Payment And Identity Solutions Limited

Manipal Payment And Identity Solutions Limited, a active public limited company, was established on 19 February 2008 in Manipal, Karnataka, India. Engaging in electronic components & equipment manufacturing within the manufacturing sector, it holds CIN: U72900KA2008PLC045316. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹44.47 Cr.

It upholds a compliant status. Employing 1,158 professional, Its leadership includes Binoy Sandip Parikh (Director), Padmaja Shailen Ruparel (Director), Tonse Gautham Pai (Director). Past directors included Sujir Prabhakar, Felipe Bautista Palacio, Vandana Amit Khatuwala. It holds ₹204.13 Cr open charges and ₹768.49 Cr settled loans. Its latest AGM occurred on 17 September 2025, with the balance sheet filed on 31 March 2025. It is based at Udayavani Building, Press Corner,, Manipal, Karnataka, 576104.

Company Details

CIN/LLPIN
U72900KA2008PLC045316
Registration Number
045316
Incorporation Date
19 February 2008
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹44.47 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 11-03-2026
Paid Up Capital ₹ 44.47 Cr as on 11-03-2026
Company Age 18 Year, 21 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 204.13 Cr as on 11-03-2026
Satisfied Charges ₹ 768.49 Cr as on 11-03-2026
Revenue Growth **** 63.93% (FY 2024)
Profit Growth **** 230.66% (FY 2024)
Ebitda **** 216.37% (FY 2024)
Net Worth 70.79% (FY 2024)
Total Assets **** 122.79% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Manipal Payment And Identity Solutions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Manipal Payment And Identity Solutions Limited?

Current Directors

Name	Designation	Appointment Date	Status
Binoy Sandip Parikh	Director	23 Jun 2025	Current
Padmaja Shailen Ruparel	Director	13 May 2024	Current
Tonse Gautham Pai	Director	13 May 2024	Current
Rohan Ajila	Director	14 Jul 2024	Current
Abhay Anant Gupte	Director	13 May 2024	Current
Baikadi Narahari	Director	12 Nov 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Additional Director	09 Sep 2011	Past
Pramod Abcsdd	Director	27 Feb 2021	Past
Pramod Abcsdd	Additional Director	23 Jun 2025	Past
Pramod Abcsdd	Additional Director	13 May 2024	Past
Pramod Abcsdd	Director	01 Aug 2020	Past

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Financial Performance of Manipal Payment And Identity Solutions.

Manipal Payment And Identity Solutions Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 63.93% increase. The company also saw a substantial improvement in profitability, with a 230.66% increase in profit. The company's net worth Soared by an impressive increase of 70.79%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

63.93%

*******

Revenue from Operations

*******

63.60%

*******

Total Assets

*******

122.79%

*******

Profit or Loss

*******

230.66%

*******

Net Worth

*******

70.79%

*******

EBITDA

*******

216.37%

*******

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What is the Ownership and Shareholding Structure of Manipal Payment And Identity Solutions?

In 2024, Manipal Payment And Identity Solutions 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)

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

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Charges (Loans)

Open Charges

₹2,041,329,610.00

Satisfied Charges

₹7,684,912,250.00

Charges Breakdown by Lending Institutions

Others : 100.49 Cr
The South Indian Bank Limited : 99.48 Cr
Axis Bank Limited : 4.16 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jan 2026	Others	₹100.00 Cr	Open
29 Jan 2026	Axis Bank Limited	₹4.16 Cr	Open
30 Jul 2025	Others	₹2.70 M	Open
18 Jun 2025	Others	₹2.21 M	Open
13 Sep 2024	The South Indian Bank Limited	₹4.22 M	Open

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How Many Employees Work at Manipal Payment And Identity Solutions?

Manipal Payment And Identity Solutions has a workforce of 1158 employees as of Dec 30, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Manipal Payment And Identity Solutions, 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 Manipal Payment And Identity Solutions's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Manipal Payment And Identity Solutions

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101239626 was registered on 30 Jan 2026. was recorded as a recent event.
30 Jan 2026
Charges

Progress on A charge with Axis Bank Limited amounted to Rs. 4.16 Cr with Charge ID 101240598 was registered on 29 Jan 2026. was documented.
29 Jan 2026
Annual General Meeting

Manipal Payment And Identity Solutions Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records. was recorded as a recent event.
17 Sep 2025
Charges

A charge with The South Indian Bank Limited of Rs. 90.00 Cr registered on 29 Jun 2015 with Charge ID 10581825 was modified on 20 Aug 2025. was recorded as a recent event.
20 Aug 2025
Charges

The activity A charge with Others amounted to Rs. 0.27 Cr with Charge ID 101137359 was registered on 30 Jul 2025. was completed.
30 Jul 2025
Director Appointment

Binoy Sandip Parikh was appointed as a Director was appointed as a Director on 23 Jun 2025 & has been associated with this company since 8 months 18 days . was recorded as a recent event.
23 Jun 2025

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