M.R.L Posnet Private Limited - Company Profile

Q: Who are the current directors of M.R.L Posnet Private Limited?

The current directors of M.R.L Posnet Private Limited are Jyoti Prakash Raorane, Ramesh Narasimhan, Yogesh Shivnath Sawant, Deepak Chandnani.

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 2008.

2008 Chennai, Tamil Nadu, India Active

Last Updated: January 07, 2026

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About M.R.L Posnet Private Limited

M.R.L Posnet Private Limited, a active private limited company, was established on 09 April 2008 in Chennai, Tamil Nadu, India. Engaging in online payment gateways within the information and communication sector, it holds CIN: U45200TN2008PTC067275. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹23.90 Cr.

Formerly known as Pradipti Developers Private Limited. It upholds a compliant status. Employing 141 professional, Its leadership includes Ramesh Narasimhan (Director), Yogesh Shivnath Sawant (Director), Deepak Chandnani (Director). Past directors included Sunil Kumar Jain, Pingali Venkateshwara Pratap, Sundar Balasubramanian. It holds no open charges and ₹82.71 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sunny Side, West Block, 1St Floor, 8/17 Shafee Mohammed Road, Nungambakkam, Chennai, Tamil Nadu, 600034.

Company Details

CIN/LLPIN
U45200TN2008PTC067275
Registration Number
067275
Incorporation Date
09 April 2008
Authorized Capital
₹25.00 Cr
Paid-Up Capital
₹23.90 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 25.00 Cr as on 07-01-2026
Paid Up Capital ₹ 23.90 Cr as on 07-01-2026
Company Age 17 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 82.71 Cr as on 07-01-2026
Revenue Growth **** -13.37% (FY 2023)
Profit Growth **** -17.69% (FY 2023)
Ebitda **** -54.90% (FY 2023)
Net Worth -21.17% (FY 2023)
Total Assets -20.89% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into M.R.L Posnet 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 M.R.L Posnet Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ramesh Narasimhan	Director	01 Apr 2022	Current
Yogesh Shivnath Sawant	Director	20 Sep 2024	Current
Deepak Chandnani	Director	01 Apr 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Oct 2017	Past
Pramod Abcsdd	Company Secretary	31 Jul 2019	Past
Pramod Abcsdd	Cfo(Kmp)	31 Jul 2019	Past
Pramod Abcsdd	Additional Director	31 Jul 2017	Past
Pramod Abcsdd	Director	05 Sep 2008	Past
Pramod Abcsdd	Ceo(Kmp)	-	Past

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Financial Performance of M.R.L Posnet.

M.R.L Posnet Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.37% decrease. The company also saw a substantial fall in profitability, with a 17.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.17%.

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

********

-13.37%

*******

Revenue from Operations

*******

-18.21%

*******

Total Assets

*******

-20.89%

*******

Profit or Loss

*******

-17.69%

*******

Net Worth

*******

-21.17%

*******

EBITDA

*******

-54.90%

*******

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What is the Ownership and Shareholding Structure of M.R.L Posnet?

In 2023, M.R.L Posnet 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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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹827,100,000.00

Charges Breakdown by Lending Institutions

Others : 63.01 Cr
The Karur Vysya Bank Limited : 13.50 Cr
Jain Sons Finlease Limited : 6.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Aug 2017	Others	₹10.00 Cr	Satisfied
28 Mar 2017	Others	₹5.00 Cr	Satisfied
18 Jan 2017	Others	₹30.00 Cr	Satisfied
31 Dec 2016	Others	₹5.00 Cr	Satisfied
06 Dec 2016	Others	₹3.00 Cr	Satisfied

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How Many Employees Work at M.R.L Posnet?

M.R.L Posnet has a workforce of 141 employees as of Apr 04, 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 M.R.L Posnet, 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 M.R.L Posnet'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 M.R.L Posnet

Recent Activity within the Organization

Annual General Meeting

The activity M.R.L Posnet Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Director Appointment

Progress on Yogesh Shivnath Sawant was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 1 year 4 months . was documented.
20 Sep 2024
Balance Sheet

The activity M.R.L Posnet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.
31 Mar 2024
Director Appointment

The activity Ramesh Narasimhan was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 3 years 10 months . was completed.
01 Apr 2022
Director Appointment

Deepak Chandnani was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 3 years 10 months . was recorded as a recent event.
01 Apr 2022
Director Appointment

Progress on Jyoti Prakash Raorane was appointed as a Company Secretary was appointed as a Company Secretary on 02 Mar 2020 & has been associated with this company since 5 years 11 months . was documented.
02 Mar 2020

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