Millennial Card Technologies Private Limited
About Millennial Card Technologies Private Limited
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Millennial Card Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 17 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC317676. Its GSTIN is 07AALCM0712B1Z0 (Delhi).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.39 Lakh. It is led by directors Ashwin Bhambri and Om Prakash Bhambri.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at T – 19 Basement Green Park Main, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2021, the company reported a revenue of ₹65.97 Lakh, a growth of 116% compared to the previous year. For the same year it recorded a net loss of ₹45.29 Lakh (net margin -68.7%) and EBITDA of -₹35.66 Lakh (EBITDA margin -54.1%). Revenue has grown at a compounded annual rate (CAGR) of 159% over three years.
The company is associated with 1 brand: PhoneParLoan. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.71 Cr; the latest was in August 2020. Its 10 peer companies in the BFSI industry (Payment Gateways) are compared by revenue, 5 larger and 5 smaller; the largest is Tap Smart Data Information Services Private Limited with revenue of ₹78.44 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressT – 19 Basement Green Park Main, New Delhi, Delhi, India – 110016
- 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 Millennial Card Technologies Private Limited
The main business activity of Millennial Card Technologies is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing 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 Millennial Card Technologies Private Limited FY 2021 filings available
Millennial Card Technologies Private Limited reported revenue of ₹65.97 Lakh (up 116% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Millennial Card Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 159% over three years, including 116% growth in the latest year. EBITDA rose 67% 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 Millennial Card Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| 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 | -₹35.66 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹45.29 Lakh | •••• | •••• | •••• |
| 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 Millennial Card Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -54.1% | •••• | •••• | •••• |
| Net Profit Margin | -68.7% | •••• | •••• | •••• |
| 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 Millennial Card Technologies are in the company report.
Financial statements from FY 2018
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 Millennial Card Technologies Private Limited
Millennial Card Technologies 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 |
|---|---|---|---|---|---|---|
| Tap Smart Data Information Services Private Limited | ₹78.44 Lakh (FY 2024) | •••• | •••• | 144.0% | •••• | Mumbai, Maharashtra, India |
| Volant Infoserve Private Limited | ₹73.74 Lakh (FY 2025) | •••• | •••• | -58.0% | •••• | Thane, Maharashtra, India |
| Naval Kishori Communications Private Limited | ₹73.18 Lakh (FY 2025) | •••• | •••• | 1129.0% | •••• | Delhi, India |
| Merchantpay Solutions Private Limited | ₹72.91 Lakh (FY 2021) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Payverticals Technology Private Limited | ₹67.81 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Delhi, India |
| Millennial Card Technologies Private Limited this company | ₹65.97 Lakh (FY 2021) | •••• | •••• | 116.0% | •••• | New Delhi, Delhi, India |
| Payrbp India Private Limited | ₹64.08 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Bangalore, Karnataka, India |
| Panmitra Online Service Private Limited | ₹62 Lakh (FY 2025) | •••• | •••• | 828.0% | •••• | Belgaum, Karnataka, India |
| Npay Box Private Limited | ₹57.54 Lakh (FY 2024) | •••• | •••• | -92.0% | •••• | Delhi, India |
| Asian Checkout Private Limited | ₹57.25 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Agra, Uttar Pradesh, India |
| Softpay India Private Limited | ₹55.23 Lakh (FY 2022) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Millennial Card Technologies 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.
Auditor Details of Millennial Card Technologies Private Limited
Millennial Card Technologies Private Limited is audited by SANGAL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANGAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Millennial Card Technologies Private Limited
Millennial Card Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Bhambri | Director | 18 Dec 2021 | 4 Years 9 Months | Current |
| Om Prakash Bhambri | Director | 18 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Millennial Card Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Millennial Card Technologies Private Limited
Millennial Card Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Millennial Card Technologies Private Limited
Millennial Card Technologies Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.71 Cr; the latest was in August 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: Trix Business Solutions Private Limited Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: SOSV |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Kickstartup Accelerator Seller: an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 9 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.
Associated Brands with Millennial Card Technologies Private Limited
Millennial Card Technologies operates one associated brand: PhoneParLoan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Personal loans are provided via an online marketplace for consumers. | phoneparloan.in |
Employees and EPFO Compliance at Millennial Card Technologies Private Limited
Employment history and EPFO contributions of people linked to Millennial Card Technologies.
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.
Recent Activity on Millennial Card Technologies Private Limited
Millennial Card Technologies Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Rohit Mehta ceased to be Director on 20 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Millennial Card Technologies 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.
MSME Payment Delays by Millennial Card Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Millennial Card Technologies 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 Millennial Card Technologies Private Limited
Millennial Card Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AALCM0712B1Z0 | Delhi | Active | 02 Aug 2017 |
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 Millennial Card Technologies 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 Millennial Card Technologies Private Limited
Frequently Asked Questions about Millennial Card Technologies Private Limited
Millennial Card Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 17 May 2017 (9+ years old) and is registered under CIN U74999DL2017PTC317676.
Millennial Card Technologies reported revenue of ₹65.97 Lakh for FY 2021 (up 116% YoY).
Millennial Card Technologies has 2 current directors:
- Ashwin Bhambri - Director
- Om Prakash Bhambri - Director
Millennial Card Technologies reported a net loss of ₹45.29 Lakh (net margin -68.7%) and EBITDA of -₹35.66 Lakh (EBITDA margin -54.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Millennial Card Technologies is 159% over three years. In the latest year (FY 2021) revenue rose 116%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Millennial Card Technologies is 07AALCM0712B1Z0, registered in Delhi.
The CIN (Corporate Identification Number) of Millennial Card Technologies is U74999DL2017PTC317676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millennial Card Technologies was incorporated on 17 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Millennial Card Technologies has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.71 Cr; the latest was in August 2020.
The peers of Millennial Card Technologies by revenue are Tap Smart Data Information Services Private Limited, Volant Infoserve Private Limited, Naval Kishori Communications Private Limited, Merchantpay Solutions Private Limited, Payverticals Technology Private Limited and 5 more, all in the BFSI industry (Payment Gateways).
Rohit Mehta ceased to be Director on 20 Dec 2021. Ashwin Bhambri was appointed as Director on 18 Dec 2021. Anand Kumar ceased to be Director on 12 Aug 2019. Millennial Card Technologies has 5 board changes on record in total.