Mastercard Money Transfer Services India Private Limited - Company Profile

It is a financial services private limited company based in Jalandhar, Punjab, India, established in 1995.

1995 Jalandhar, Punjab, India Active

Last Updated: December 22, 2025

About Mastercard Money Transfer Services India Private Limited

Mastercard Money Transfer Services India Private Limited, a active private limited company, was established on 23 February 1995 in Jalandhar, Punjab, India. Engaging in forex services within the financial and insurance service sector, it holds CIN: U67190PB1995PTC015897. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹2.18 Cr.

Formerly known as Mastercard Ts India Private Limited, Instant Global Money Transfer Private Limited. It upholds a compliant status. Employing 104 professional, Its leadership includes Ashutosh Shantaram Raje (Director), Shreerang Mohan Vaidya (Director). Past directors included Samir Vijay Vidhate, Ashutosh Shantaram Raje, Sanjeev Sood. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Lower Ground Floor, Office No. 6, City Square Eh-197, Civil Lines, Jalandhar, Punjab, 144001.

Company Details

CIN/LLPIN
U67190PB1995PTC015897
Registration Number
015897
Incorporation Date
23 February 1995
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹2.18 Cr
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 22-12-2025
Paid Up Capital ₹ 2.18 Cr as on 22-12-2025
Company Age 31 Year, 1 Day
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 10.49% (FY 2023)
Profit Growth **** -1.23% (FY 2023)
Ebitda **** 12.42% (FY 2023)
Net Worth 13.20% (FY 2023)
Total Assets -10.31% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Mastercard Money Transfer Services India Private 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 Mastercard Money Transfer Services India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashutosh Shantaram Raje	Director	24 Apr 2017	Current
Shreerang Mohan Vaidya	Director	25 Aug 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Aug 2022	Past
Pramod Abcsdd	Additional Director	28 Sep 2017	Past
Pramod Abcsdd	Director	25 Sep 2010	Past
Pramod Abcsdd	Director	10 May 2008	Past
Pramod Abcsdd	Director	10 May 2008	Past
Pramod Abcsdd	Director	21 Apr 2017	Past

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Financial Performance of Mastercard Money Transfer Services India.

Mastercard Money Transfer Services India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.49% increase. The company also saw a slight decrease in profitability, with a 1.23% decrease in profit. The company's net worth Soared by an impressive increase of 13.2%.

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

********

10.49%

*******

Revenue from Operations

*******

10.69%

*******

Total Assets

*******

-10.31%

*******

Profit or Loss

*******

-1.23%

*******

Net Worth

*******

13.20%

*******

EBITDA

*******

12.42%

*******

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What is the Ownership and Shareholding Structure of Mastercard Money Transfer Services India?

In 2023, Mastercard Money Transfer Services India 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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How Many Employees Work at Mastercard Money Transfer Services India?

Mastercard Money Transfer Services India has a workforce of 104 employees as of Mar 23, 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 Mastercard Money Transfer Services India, 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 Mastercard Money Transfer Services India's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Mastercard Money Transfer Services India

Recent Activity within the Organization

Annual General Meeting

The activity Mastercard Money Transfer Services India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

Progress on Mastercard Money Transfer Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was documented.
31 Mar 2025
Director Appointment

The activity Shreerang Mohan Vaidya was appointed as a Director was appointed as a Director on 25 Aug 2022 & has been associated with this company since 3 years 6 months . was completed.
25 Aug 2022
Director Appointment

The activity Ashutosh Shantaram Raje was appointed as a Director was appointed as a Director on 24 Apr 2017 & has been associated with this company since 8 years 10 months . was completed.
24 Apr 2017
Company Incorporation

The activity Mastercard Money Transfer Services India Private Limited was registered on 23 Feb 1995 with Roc Chandigarh & aged 31 years 1 day as per MCA records. was completed.
23 Feb 1995

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