About Meesho Payments Private Limited
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Meesho Payments Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Meesho Inc. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 25 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64990KA2019PTC123770. Its GSTIN is 29AAMCM6261A1ZF (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹24.55 Lakh. It is led by directors including Vidit Aatrey and Sanjeev Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E Helios Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25.97 Cr and EBITDA of -₹25.86 Cr. Revenue has grown at a compounded annual rate (CAGR) of 118% over three years and 51% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meesho. As per MCA filings, the company has open charges of ₹3.97 Cr on record. Court records list 6 cases involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in June 2019. Its 10 peer companies in the BFSI industry (Payment Gateways) are compared by revenue, 5 larger and 5 smaller; the largest is Brontoo Technology Solutions India Private Limited with revenue of ₹2.76 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 7 overdue payments to 2 micro and small suppliers.
For more details, the company can be reached via its website meesho.com.
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- Registered Address3rd Floor Wing – E Helios Business Park Kadubeesanahalli Village, Varthur Hobli Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryFinancial Services, Online Payment Gateways
- 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
Business Activity of Meesho Payments Private Limited
The main business activity of Meesho Payments is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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.
Financials of Meesho Payments Private Limited FY 2025 filings available
Meesho Payments Private Limited reported revenue of ₹2.41 Cr (up 629% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Meesho Payments Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 629% growth in the latest year. EBITDA fell 180% 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 Meesho Payments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹25.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.97 Cr | •••• | •••• | •••• | •••• |
| 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 Meesho Payments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Meesho Payments are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Meesho Payments Private Limited
Meesho Payments Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Gateways). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brontoo Technology Solutions India Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Navi Mumbai, Maharashtra, India |
| Cointab Software Private Limited | ₹2.71 Cr (FY 2023) | •••• | •••• | 167.0% | •••• | Mumbai, Maharashtra, India |
| Gspeed Ecom Solutions (OPC) Private Limited | ₹2.54 Cr (FY 2023) | •••• | •••• | -31.0% | •••• | Delhi, India |
| Indeepay Technologies Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | 166.0% | •••• | New Delhi, Delhi, India |
| Uniqpay Payment Services Private Limited | ₹2.43 Cr (FY 2024) | •••• | •••• | 571.0% | •••• | Patna, Bihar, India |
| Meesho Payments Private Limited this company | ₹2.41 Cr (FY 2025) | •••• | •••• | 629.0% | •••• | Bangalore, Karnataka, India |
| Haflong Business Solutions Private Limited | ₹2.38 Cr (FY 2025) | •••• | •••• | 169.0% | •••• | New Delhi, Delhi, India |
| Soliteck Digisolutions Private Limited | ₹2.33 Cr (FY 2025) | •••• | •••• | 540.0% | •••• | Navi Mumbai, Maharashtra, India |
| Insta Transfer Biz Private Limited | ₹2.27 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Bharatpur, Rajasthan, India |
| Paymine Solutions Private Limited | ₹2.21 Cr (FY 2024) | •••• | •••• | 6435.0% | •••• | Delhi, India |
| Emantor Technoedge Private Limited | ₹2.21 Cr (FY 2024) | •••• | •••• | -73.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Meesho Payments by revenue in the BFSI industry (Payment Gateways), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Meesho Payments Private Limited
Meesho Payments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidit Aatrey Also directs: Meesho Limited, Meesho Grocery Private Limited, Valmo Transportation Private Limited and 3 more | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Sanjeev Kumar Also directs: Meesho Limited, Meesho Grocery Private Limited, Valmo Transportation Private Limited and 1 more | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Milan Partani Also directs: Valmo Transportation Private Limited | Director | 15 Jun 2025 | 1 Years 4 Months | Current |
Charges & Borrowings of Meesho Payments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2025 | Others | ₹2 Lakh | Open |
| 21 Nov 2025 | Others | ₹10 Lakh | Open |
| 12 Nov 2025 | Others | ₹10 Lakh | Open |
| 24 Sep 2025 | Others | ₹1.01 Cr | Open |
| 23 Sep 2025 | Others | ₹10 Lakh | Open |
Total charge records: 8 View all charges
Deals & Funding of Meesho Payments Private Limited
Meesho Payments Private Limited has 1 deal on record (1 rights issue); the latest was in June 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Rights issue | ₹6.9 Cr | Investors: Meesho Inc |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Meesho Payments Private Limited
Meesho Payments Private Limited has 6 court cases on record: 1 filed against it, 5 where it is another party. 1 case is pending and 5 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Company is another party | Pending |
| Bombay High Court | Interim or miscellaneous application | Company is another party | Disposed |
| Bombay High Court | Court case (COMAO) | Company is another party | Disposed |
| District court, Kolhapur, Maharashtra | Criminal miscellaneous application | Company is another party | Disposed |
| District court, Central, Delhi | Commercial suit | Company is another party | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Meesho Payments Private Limited
Meesho Payments Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ascent HR Technologies Private Limited | •••• | •••• | •••• |
| Renu Agrawal and Company | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Meesho Payments Private Limited
Meesho Payments operates one associated brand: Meesho. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sellers are connected with customers via multi-category e-commerce platform. | meesho.com |
Employees and EPFO Compliance at Meesho Payments Private Limited
Employment history and EPFO contributions of people linked to Meesho Payments.
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.
CIN History of Meesho Payments Private Limited
Meesho Payments has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U64990KA2019PTC123770, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990KA2019PTC123770 | Current |
| U67190KA2019FTC123770 | Previous |
| U64990KA2019FTC123770 | Previous |
Recent Activity on Meesho Payments Private Limited
Meesho Payments Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Milan Partani ceased to be Additional Director on 29 Sep 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Meesho Payments 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.
Subsidiaries & Group Companies of Meesho Payments 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.
GST Compliance of Meesho Payments Private Limited
Meesho Payments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM6261A1ZF | Karnataka | Active | 31 May 2019 |
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.
MCA Filings & Documents of Meesho Payments 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.
Related news about Meesho Payments Private Limited
Frequently Asked Questions about Meesho Payments Private Limited
Meesho Payments is an active private limited company based in Bangalore, Karnataka, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 25 April 2019 (7+ years old) and is registered under CIN U64990KA2019PTC123770.
Meesho Payments reported revenue of ₹2.41 Cr for FY 2025 (up 629% YoY).
Meesho Payments has 3 current directors:
- Vidit Aatrey - Director
- Sanjeev Kumar - Director
- Milan Partani - Director
Meesho Payments reported a net loss of ₹25.97 Cr and EBITDA of -₹25.86 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meesho Payments is 118% over three years and 51% over five years. In the latest year (FY 2025) revenue rose 629%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Meesho Payments is 29AAMCM6261A1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Meesho Payments is U64990KA2019PTC123770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meesho Payments has 6 court cases on record: 1 filed against it. 1 is pending. Most are in the high courts.
Meesho Payments was incorporated on 25 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Meesho Payments has 1 deal on record (1 rights issue); the latest was in June 2019.
The peers of Meesho Payments by revenue are Brontoo Technology Solutions India Private Limited, Cointab Software Private Limited, Gspeed Ecom Solutions (OPC) Private Limited, Indeepay Technologies Private Limited, Uniqpay Payment Services Private Limited and 5 more, all in the BFSI industry (Payment Gateways).
Milan Partani ceased to be Additional Director on 29 Sep 2025. Milan Partani was appointed as Director on 15 Jun 2025. Sanjeev Kumar was appointed as Director on 25 Apr 2019. Meesho Payments has 4 board changes on record in total.