Mastercard Technology Private Limited - Company Profile

It is a information technology private limited company based in Pune City, Maharashtra, India, established in 2000.

2000 Pune City, Maharashtra, India Active

Last Updated: December 22, 2025

About Mastercard Technology Private Limited

Mastercard Technology Private Limited, a active private limited company, was established on 10 March 2000 in Pune City, Maharashtra, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U72200PN2000PTC014585. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.12 Cr.

Formerly known as Porteco Private Limited, Electracard Services Private Limited. It upholds a compliant status. Employing 4,624 professional, Its leadership includes Gagan Buttan (Whole-Time Director), Joseph Vincent Fernandes (Director), Ramamoorthy Aravindan (Whole-Time Director). Past directors included Manas Taneja, Arijit Ranjan Sarker, Kanwarpal Singh Bindra. It holds no open charges and ₹57.07 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 9Th Floor, Bluegrass Business Park, Tower 1, Plot 3/3, Pune Nagar Road, Pune City, Maharashtra, 411006.

Company Details

CIN/LLPIN
U72200PN2000PTC014585
Registration Number
014585
Incorporation Date
10 March 2000
Authorized Capital
₹3.00 Cr
Paid-Up Capital
₹2.12 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.00 Cr as on 22-12-2025
Paid Up Capital ₹ 2.12 Cr as on 22-12-2025
Company Age 26 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 57.07 Cr as on 22-12-2025
Revenue Growth **** 20.80% (FY 2022)
Profit Growth **** 25.50% (FY 2022)
Ebitda **** 14.52% (FY 2022)
Net Worth 23.87% (FY 2022)
Total Assets **** 17.56% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Mastercard Technology 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 Technology Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Gagan Buttan	Whole-Time Director	02 Nov 2023	Current
Joseph Vincent Fernandes	Director	17 Jan 2023	Current
Ramamoorthy Aravindan	Whole-Time Director	17 Jun 2019	Current
Mani Rajesh	Director	16 Mar 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	21 Feb 2017	Past
Pramod Abcsdd	Director	11 Jan 2016	Past
Pramod Abcsdd	Additional Director	17 Nov 2010	Past
Pramod Abcsdd	Additional Director	29 Aug 2014	Past
Pramod Abcsdd	Additional Director	02 Nov 2023	Past
Pramod Abcsdd	Whole-Time Director	17 Jun 2019	Past

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Financial Performance of Mastercard Technology.

Mastercard Technology Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.8% increase. The company also saw a substantial improvement in profitability, with a 25.5% increase in profit. The company's net worth Soared by an impressive increase of 23.87%.

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

********

20.80%

*******

Revenue from Operations

*******

22.62%

*******

Total Assets

*******

17.56%

*******

Profit or Loss

*******

25.50%

*******

Net Worth

*******

23.87%

*******

EBITDA

*******

14.52%

*******

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What is the Ownership and Shareholding Structure of Mastercard Technology?

In 2023, Mastercard Technology 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

₹0

Satisfied Charges

₹570,700,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 33.82 Cr
Corporation Bank : 19.75 Cr
Sicom Limited : 3.00 Cr
Reliance Capital Ltd : 0.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
19 Jul 2010	Corporation Bank	₹8.00 Cr	Satisfied
27 Feb 2010	Reliance Capital Ltd	₹5.00 M	Satisfied
26 Feb 2010	Corporation Bank	₹11.75 Cr	Satisfied
07 Mar 2008	Axis Bank Limited	₹33.82 Cr	Satisfied
29 Jan 2007	Sicom Limited	₹3.00 Cr	Satisfied

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How Many Employees Work at Mastercard Technology?

Mastercard Technology has a workforce of 4624 employees as of Apr 04, 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 Technology, 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 Technology'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 Mastercard Technology

Recent Activity within the Organization

Annual General Meeting

Mastercard Technology Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.
26 Sep 2025
Balance Sheet

Progress on Mastercard Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.
31 Mar 2025
Director Appointment

The activity Gagan Buttan was appointed as a Whole-time director was appointed as a Whole-time director on 02 Nov 2023 & has been associated with this company since 2 years 5 months . was completed.
02 Nov 2023
Director Appointment

Progress on Joseph Vincent Fernandes was appointed as a Director was appointed as a Director on 17 Jan 2023 & has been associated with this company since 3 years 3 months . was documented.
17 Jan 2023
Director Appointment

Mani Rajesh was appointed as a Director was appointed as a Director on 16 Mar 2022 & has been associated with this company since 4 years 1 month . was recorded as a recent event.
16 Mar 2022
Director Appointment

The activity Ramamoorthy Aravindan was appointed as a Whole-time director was appointed as a Whole-time director on 17 Jun 2019 & has been associated with this company since 6 years 10 months . was completed.
17 Jun 2019

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