About Microchip Payments Private Limited
Data last updated: 12 February 2026
Microchip Payments Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 22 September 2017, the company has been in operation for over 9 years.
Registered with ROC Bangalore under CIN U29304KA2017PTC106595.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.05 Lakh. It is led by directors Novman Mohammed and Mohammed Firaq Farhanuddin.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Sandbox Startups Next To International Airport Gokul Road Opp To Gokul Village, Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2024, the company reported a revenue of ₹36,000, a decline of 95% compared to the previous year.
The company is associated with 1 brand - Microchip Payments.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website microchippayments.com.
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Registered AddressSandbox Startups Next To International Airport Gokul Road Opp To Gokul Village, Hubli, Karnataka, India – 580030
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IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Microchip Payments Private Limited
Microchip Payments Private Limited operates one associated brand: Microchip Payments. These brands represent Microchip Payments Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Digital payment solutions for diversified event businesses | microchippayments.com |
Competitors & Alternatives of Microchip Payments Private Limited
Brands and companies operating in the same space as Microchip Payments Private Limited include Stripe, Razorpay, PayU and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Stripe
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Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States, United States | 2009 |
Razorpay
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Payment and business banking solutions are provided for enterprises. | Bengaluru, India, India | 2014 |
PayU
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Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2002 |
Flutterwave
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Provider of payment processing solutions for businesses | San Francisco, United States, United States | 2016 |
Mintoak
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Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India, India | 2017 |
Pine Labs
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Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India, India | 1998 |
HighRadius
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Autonomous finance and payment solutions are provided to businesses. | Houston, United States, United States | 2006 |
ACI Worldwide
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Digital payments are processed and managed via specialized solutions. | Omaha, United States, United States | 1975 |
Airpay
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An integrated omnichannel platform for financial services is provided. | Mumbai, India, India | 2012 |
Business Activity of Microchip Payments Private Limited
Microchip Payments Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Microchip Payments Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Microchip Payments Private Limited
Microchip Payments Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Novman Mohammed | Director | 22 Sep 2017 | 8 Years 10 Months | Current |
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Mohammed Firaq Farhanuddin
Also directs:
Dravyarunes Systems Private Limited
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Director | 22 Sep 2017 | 8 Years 10 Months | Current |
Financials of Microchip Payments Private Limited FY 2025 filings available
Microchip Payments Private Limited reported revenue of ₹36,000 (down 95.00% YoY) for FY 2024.
Ten-year financial statements for Microchip Payments Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Microchip Payments Private Limited
Shareholding and ownership data for Microchip Payments Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Microchip Payments Private Limited
Microchip Payments Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Microchip Payments Private Limited
View historical data on people associated with Microchip Payments Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Microchip Payments Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Microchip Payments Private Limited
GST registrations and filing compliance for Microchip Payments Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Microchip Payments Private Limited
Credit ratings, litigation, and regulatory alerts for Microchip Payments Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Microchip Payments Private Limited
MSME payment history for Microchip Payments Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Microchip Payments Private Limited
Corporate group structure for Microchip Payments Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Microchip Payments Private Limited
MCA filings and documents for Microchip Payments Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Microchip Payments Private Limited
Frequently Asked Questions about Microchip Payments Private Limited
Microchip Payments Private Limited is an active private limited company in the financial services sector based in Hubli, Karnataka, India. It was incorporated on 22 September 2017 (9+ years old) and is registered under CIN U29304KA2017PTC106595.
Microchip Payments Private Limited reported revenue of ₹36,000 for FY 2024 (down 95.00% YoY).
The current directors of Microchip Payments Private Limited are:
- Novman Mohammed - Director
- Mohammed Firaq Farhanuddin - Director
The primary industry of Microchip Payments Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Yes, Microchip Payments Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Microchip Payments Private Limited can be reached at the registered office: Sandbox Startups Next To International Airport Gokul Road Opp To Gokul Village, Hubli, Karnataka, India – 580030, or through the website microchippayments.com.