About Mpurse Services Private Limited
Data last updated:
Mpurse Services Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of State Elephant Fintech Company Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 19 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27310DL2007PTC166037. Its GSTIN is 06AABCH8949R1ZP (Haryana). The company holds 11 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹31.65 Cr. It was formerly known as Hot Line Call Center Solutions Private Limited. It is led by directors including Manju Sikka and Shun Kawamura.
Its last annual general meeting (AGM) was held on 27 January 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No 1 Plot No 2 Dda Building District Centre, Vardhman Trade Centre Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹87.38 Lakh (net margin 15.4%) and EBITDA of ₹2.07 Cr (EBITDA margin 36.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 14 deals on record (6 funding rounds, 5 secondary share transfers, 2 acquisitions), with disclosed funding of ₹26.47 Cr; the latest was in July 2021. Its 3 peer companies in the BFSI industry (Payment Solution Providers), with the same principal business activity (other support services to organizations) are compared by revenue, 2 larger and 1 smaller; the largest is Nextspeed Technologies Private Limited with revenue of ₹5.75 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpurse.co.in.
Company details
Contact details
Mpurse Services Private Limited's registered office is in New Delhi, Delhi. Its website is mpurse.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressUnit No 1 Plot No 2 Dda Building District Centre, Vardhman Trade Centre Nehru Place, New Delhi, Delhi, India – 110019
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Mpurse Services 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 Mpurse Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Mpurse Services Private Limited, buy the company report.
Financials of Mpurse Services Private Limited
FY 2024 filings availableMpurse Services Private Limited reported revenue of ₹5.68 Cr (up 183% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 183% growth in the latest year. EBITDA rose 243% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87.38 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.5% | ||||
| Net Profit Margin | 15.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mpurse Services Private Limited, buy the company report.
Board of directors of Mpurse Services Private Limited
Mpurse Services has 3 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Sikka | Director | 11 Sep 2019 | 7 Years 2 Months | Current |
| Shun Kawamura | Director | 21 Dec 2020 | 5 Years 10 Months | Current |
| Chi Kit Daniel Hui | Director | 13 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Mpurse Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextspeed Technologies Private Limited | ₹5.75 Cr (FY 2025) | 86.0% | Hyderabad, Telangana, India | |||
| Intelligent Payment Solutions Private Limited | ₹5.68 Cr (FY 2022) | 9.0% | Mumbai, Maharashtra, India | |||
| Mpurse Services Private Limitedthis company | ₹5.68 Cr (FY 2024) | ₹87.38 Lakh | 15.4% | 183.0% | 10 | New Delhi, Delhi, India |
| Thnxpe Fintech India Private Limited | ₹5.48 Cr (FY 2025) | 254367.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mpurse Services Private Limited, buy the company report.
Auditor
Mpurse Services Private Limited is audited by Oswal Sunil & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Oswal Sunil & Company | FY 2023 | 016520N |
Shareholding
The shareholding of Mpurse Services 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mpurse Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2016 | 100101497 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Mpurse Services Private Limited has 14 deals on record (6 funding rounds, 5 secondary share transfers, 2 acquisitions), with disclosed funding of ₹26.47 Cr; the latest was in July 2021.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round | ₹1.02 Cr | Investors: Nogle Innovations Pte Limited |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: State Elephant Fintech Company Limited Seller: Zheng Xin Dong Yang Consultant Company Limited |
| Jan 2013 | Acquisition | ₹12.6 Cr | Buyer: Nextwave Communications Private Limited Seller: Infotel Business Solutions Limited. |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Karvy Digikonnect Limited , an individual Seller: an individual |
| Mar 2008 | Funding round | ₹9.5 Lakh | Investors: Karvy Digikonnect Limited |
To see the full deal history of Mpurse Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mpurse Services Private Limited has 4 court cases on record: 2 filed by Mpurse Services, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (SPLCC) | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Mpurse Services Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Mpurse Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mpurse Services Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Mpurse Services Private Limited, buy the company report.
GST
Mpurse Services has 11 GST registrations: 2 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCH8949R1ZP | Haryana | Active | 01 Jul 2017 |
| 09AABCH8949R1ZJ | Uttar Pradesh | Active | 19 Jan 2018 |
To see the full GST registrations and return filing status of Mpurse Services Private Limited, buy the company report.
Recent activity
Mpurse Services Private Limited has 45 board changes on record since 2007: 24 appointments and 21 cessations. The latest: Himanshu Miglani ceased to be Director on 02 Apr 2025.
37 earlier events are in the company report.
Frequently asked questions
Mpurse Services is an active private limited company based in New Delhi, Delhi, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 19 July 2007 (19+ years old) and is registered under CIN U27310DL2007PTC166037.
Mpurse Services has 3 current directors:
- Manju Sikka - Director
- Shun Kawamura - Director
- Chi Kit Daniel Hui - Director
The latest financial statements of Mpurse Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 January 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mpurse Services is 06AABCH8949R1ZP, registered in Haryana. The company has 11 GST registrations in all, of which 2 are active and 9 are cancelled or inactive. Other active GSTINs include 09AABCH8949R1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Mpurse Services is U27310DL2007PTC166037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mpurse Services has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Mpurse Services was incorporated on 19 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Mpurse Services has 14 deals on record (6 funding rounds, 5 secondary share transfers, 2 acquisitions), with disclosed funding of ₹26.47 Cr; the latest was in July 2021.
The peers of Mpurse Services by revenue are Nextspeed Technologies Private Limited, Intelligent Payment Solutions Private Limited, Thnxpe Fintech India Private Limited, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other support services to organizations).
Himanshu Miglani ceased to be Director on 02 Apr 2025. Sushil Chawla ceased to be Director on 11 Mar 2025. Himanshu Miglani was appointed as Director on 27 Jan 2025. Mpurse Services has 45 board changes on record in total.
Mpurse Services can be reached through the website mpurse.co.in. Its registered office is in New Delhi, Delhi, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
