About Mishipay India Private Limited
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Mishipay India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Mishipay Limited Uk. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 30 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016FTC096863. Its GSTIN is 29AAKCM5934C1ZB (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mustafa Abedin Khanwala and Shankar Mangarool.
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 No:50 100 Feet Road Koramangala 4th Block, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.56 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹61.35 Lakh (net margin 9.3%) and EBITDA of ₹99.53 Lakh (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 32% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mishipay.com.
Company details
Contact details
Mishipay India Private Limited's registered office is in Bangalore, Karnataka. Its website is mishipay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo:50 100 Feet Road Koramangala 4th Block, Bangalore, Karnataka, India – 560034
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Mishipay India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mishipay India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Mishipay India Private Limited, buy the company report.
Financials of Mishipay India Private Limited
FY 2025 filings availableMishipay India Private Limited reported revenue of ₹6.56 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 18% growth in the latest year. EBITDA rose 9% 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
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| EBITDA | ₹99.53 Lakh | ||||
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| Net Profit (PAT) | ₹61.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 9.3% | ||||
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To see the full financial statements and ratios of Mishipay India Private Limited, buy the company report.
Board of directors of Mishipay India Private Limited
Mishipay India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mustafa Abedin Khanwala | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Shankar Mangarool Also directs: Metasparq India Private Limited | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Mishipay India Private Limited is audited by Hiremath & Rathi Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hiremath & Rathi Chartered Accountants | FY 2023 | 015806S |
Shareholding
The shareholding of Mishipay India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mishipay India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mishipay India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mishipay India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mishipay India Private Limited has a workforce of 22 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Mishipay India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM5934C1ZB | Karnataka | Active | 09 Oct 2018 |
To see the full GST registrations and return filing status of Mishipay India Private Limited, buy the company report.
Recent activity
Mishipay India Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Shankar Mangarool was appointed as Director on 01 Nov 2022.
News
Frequently asked questions
Mishipay India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 30 September 2016 (10+ years old) and is registered under CIN U72900KA2016FTC096863.
Mishipay India has 2 current directors:
- Mustafa Abedin Khanwala - Director
- Shankar Mangarool - Director
The latest financial statements of Mishipay India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Mishipay India is 29AAKCM5934C1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Mishipay India is U72900KA2016FTC096863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mishipay India was incorporated on 30 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Shankar Mangarool was appointed as Director on 01 Nov 2022. Tanvi Bhardwaj ceased to be Director on 31 Oct 2022. Mayank Bhardwaj ceased to be Director on 12 Mar 2019. Mishipay India has 6 board changes on record in total.
Mishipay India can be reached through the website mishipay.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mishipay India is at No:50 100 Feet Road Koramangala 4th Block, Bangalore, Karnataka, India – 560034.
Mishipay India operates in the financial services industry, in the online payment gateways segment.