Moneygram India Private Limited - Company Profile

It is a business services private limited company based in Mumbai, Maharashtra, India, established in 2006.

2006 Mumbai, Maharashtra, India Active

Last Updated: December 21, 2025

About Moneygram India Private Limited

Moneygram India Private Limited, a active private limited company, was established on 23 March 2006 in Mumbai, Maharashtra, India. Engaging in business support services within the support service to organizations sector, it holds CIN: U74120MH2006PTC160682. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Employing 185 professional, Its leadership includes Amit Bhargava (Director), Mukesh Sadashiv Devadiga (Additional Director). Past directors included Ashish Vinod Agarwal, Yapheth Ezra Killekar, Amit Bhargava. Its latest AGM occurred on 30 June 2025, with the balance sheet filed on 31 December 2024. It is based at Dynasty Business Park, Level 4, A Wing, Regus - Office No. 402-D,, Andheri-Kurla Road, J. B. Nagar, Andheri (East),, Mumbai, Maharashtra, 400059.

Company Details

CIN/LLPIN
U74120MH2006PTC160682
Registration Number
160682
Incorporation Date
23 March 2006
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹1.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 21-12-2025
Paid Up Capital ₹ 1.00 Cr as on 21-12-2025
Company Age 19 Year, 10 Months
Last Filing with ROC 31 Dec 2024
Revenue Growth **** 38.69% (FY 2023)
Profit Growth **** 39.17% (FY 2023)
Ebitda **** 35.17% (FY 2023)
Net Worth 33.42% (FY 2023)
Total Assets **** 36.69% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Moneygram India 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 Moneygram India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Amit Bhargava	Director	11 Apr 2018	Current
Mukesh Sadashiv Devadiga	Additional Director	06 May 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Apr 2014	Past
Pramod Abcsdd	Director	21 Oct 2009	Past
Pramod Abcsdd	Additional Director	29 Jun 2018	Past
Pramod Abcsdd	Additional Director	20 Sep 2021	Past
Pramod Abcsdd	Additional Director	25 Jun 2021	Past
Pramod Abcsdd	Additional Director	25 Jun 2021	Past

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Financial Performance of Moneygram India.

Moneygram India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.69% increase. The company also saw a substantial improvement in profitability, with a 39.17% increase in profit. The company's net worth Soared by an impressive increase of 33.42%.

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

********

38.69%

*******

Revenue from Operations

*******

38.26%

*******

Total Assets

*******

36.69%

*******

Profit or Loss

*******

39.17%

*******

Net Worth

*******

33.42%

*******

EBITDA

*******

35.17%

*******

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What is the Ownership and Shareholding Structure of Moneygram India?

In 2023, Moneygram India 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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How Many Employees Work at Moneygram India?

Moneygram India has a workforce of 185 employees as of Apr 08, 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 Moneygram India, 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 Moneygram India'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 Moneygram India

Recent Activity within the Organization

Annual General Meeting

Moneygram India Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records. was recorded as a recent event.
30 Jun 2025
Director Appointment

Progress on Mukesh Sadashiv Devadiga was appointed as a Additional Director was appointed as a Additional Director on 06 May 2025 & has been associated with this company since 9 months 16 days . was documented.
06 May 2025
Balance Sheet

The activity Moneygram India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Mumbai. was completed.
31 Dec 2024
Director Appointment

Progress on Amit Bhargava was appointed as a Director was appointed as a Director on 11 Apr 2018 & has been associated with this company since 7 years 10 months . was documented.
11 Apr 2018
Company Incorporation

Moneygram India Private Limited was registered on 23 Mar 2006 with Roc Mumbai & aged 19 years 10 months as per MCA records. was recorded as a recent event.
23 Mar 2006

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