About My Mobile Payments Limited
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My Mobile Payments Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 02 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PLC203640. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15.5 Cr and a paid-up capital of ₹7.19 Cr. It is led by directors including Rajat Kumar Sharma (Whole-Time Director) and Jolly Krishanmurari Mathur (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mom House Plot No. 61 Ramchandra Lane Kanchpada Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2017, the company reported a revenue of ₹680.09 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹6.14 Cr (net margin -0.9%) and EBITDA of -₹1.38 Cr (EBITDA margin -0.2%).
The company has about 24 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: Money-On-Mobile, Money On Mobile and MoneyOnMobile. As per MCA filings, the company has open charges of ₹15.24 Cr and satisfied charges of ₹13.5 Cr on record. Court records list 43 cases involving the company, including 10 filed by the company and 33 filed against it; 23 cases are pending. The company has 6 deals on record (6 funding rounds), with disclosed funding of ₹31.53 Cr; the latest was in June 2014.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website moneyonmobile.in.
Company details
Contact details
My Mobile Payments Limited's registered office is in Mumbai, Maharashtra. Its website is moneyonmobile.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressMom House Plot No. 61 Ramchandra Lane Kanchpada Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of My Mobile Payments 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
Brands
My Mobile Payments operates multiple associated brands including Money-On-Mobile, Money On Mobile, and MoneyOnMobile. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| It serves as a limited information available. | money-on-mobile.net | |
| Mobile bill payment platform is offered for recharges and transactions. | moneyonmobile.store | |
| Diversified business payments are facilitated via smartphones. | moneyonmobile.in |
Business activity
The main business activity of My Mobile Payments is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of My Mobile Payments Limited, buy the company report.
Financials of My Mobile Payments Limited
FY 2017 filings availableMy Mobile Payments Limited reported revenue of ₹680.09 Cr (down 31% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year. EBITDA fell 131% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.38 Cr | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | -₹6.14 Cr | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.2% | ||
| Net Profit Margin | -0.9% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of My Mobile Payments Limited, buy the company report.
Board of directors of My Mobile Payments Limited
My Mobile Payments has 12 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harold Hench Montgomery Also directs: Momt India Private Limited, Digital Payments Processing Limited | Director | 20 Feb 2012 | 14 Years 8 Months | Current |
| Sushil Poddar | Director | 28 Sep 2011 | 15 Years 1 Months | Current |
| Scott Shiao Arey | Director | 31 Aug 2017 | 9 Years 1 Months | Current |
| Vinamra Shastri Also directs: Vehaan Partners LLP, Vehaan Investment and Management Advisors LLP, Vide Canvas Media LLP and 5 more | Additional Director | 01 Aug 2018 | 8 Years 2 Months | Current |
| Abhishek Verma | Additional Director | 01 Aug 2018 | 8 Years 2 Months | Current |
| Pallavi Parihar Also directs: Digital Payments Processing Limited, Gallard Steel Limited | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
Auditor
My Mobile Payments Limited is audited by CHATURVEDI & SHAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH | FY 2017 | 101720W |
Shareholding
The shareholding of My Mobile Payments Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of My Mobile Payments Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2015 | 10576329 | Standard Chartered Bank | ₹1.05 Cr | Open | |
| 30 May 2015 | 10575931 | Standard Chartered Bank | ₹12.95 Cr | Open | |
| 02 Jan 2015 | 10540978 | Icici Bank Limited | ₹1.24 Cr | Open | |
| 30 May 2014 | 10503090 | Union Bank of India | ₹13.5 Cr | Satisfied |
To see the full charge records of My Mobile Payments Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
My Mobile Payments Limited has 6 deals on record (6 funding rounds), with disclosed funding of ₹31.53 Cr; the latest was in June 2014.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Funding round | ₹23.95 Cr | Investors: Calpian Inc |
| Aug 2013 | Funding round | ₹3.86 Cr | Investors: 4 individuals |
| Aug 2013 | Funding round | ₹11.3 Lakh | Investors: Sahajwani Estates (India) Private Limited , 3 individuals |
| Mar 2012 | Funding round | ₹2.01 Cr | Investors: Happy Bengal Ventures Private Limited , 3 individuals |
| Nov 2010 | Funding round | ₹1.47 Cr | Investors: 4 individuals |
To see the full deal history of My Mobile Payments 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
My Mobile Payments Limited has 43 court cases on record: 10 filed by My Mobile Payments, 33 filed against it. 23 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 17 | 16 |
| High courts | 16 | 15 | 5 |
| Supreme Court | 5 | 1 | 2 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (AP-COM) | Filed against the company by M/S Happy Bengal Ventures Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Hindmata Gold Entertainment Pvt Ltd and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Digital Payments Processing Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Diligent Media Corporation | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Standard Chartered Bank | Pending |
To see the full case history of My Mobile Payments 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.
Credit ratings & regulatory alerts
My Mobile Payments Limited was last rated by Crisil on 21 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jun 2021 |
To see the full credit ratings and regulatory alerts of My Mobile Payments Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for My Mobile Payments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
My Mobile Payments has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Payblox Technologies (India) Private Limited | U64204MH2010PTC209169 | |
| Payblox Technologies (India) Private Limited | U64204MH2010PTC209169 |
To see the full group structure of My Mobile Payments Limited, buy the company report.
Employees & EPFO
My Mobile Payments Limited has a workforce of 24 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
My Mobile Payments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of My Mobile Payments Limited, buy the company report.
Recent activity
My Mobile Payments Limited has 26 board changes on record since 2010: 12 appointments and 14 cessations. The latest: Harold Hench Montgomery ceased to be Director on 01 Jun 2020.
23 earlier events are in the company report.
News
Frequently asked questions
My Mobile Payments is an active public limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 02 June 2010 (16+ years old) and is registered under CIN U72900MH2010PLC203640.
My Mobile Payments has 12 current directors:
- Rajat Kumar Sharma - Whole-Time Director
- Jolly Krishanmurari Mathur - Whole-Time Director
- Harold Hench Montgomery - Director
- Sushil Poddar - Director
- Scott Shiao Arey - Director
- Vinamra Shastri - Additional Director
- Abhishek Verma - Additional Director
- Pallavi Parihar - Director
- Ram Nawal Verma - Additional Director
- Asha Manohar Joshi - Director
- Ranjeet Anand Oak - Director
- Shashank Manohar Joshi - Director
The latest financial statements of My Mobile Payments on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
No. My Mobile Payments has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of My Mobile Payments is U72900MH2010PLC203640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
My Mobile Payments has 43 court cases on record: 10 filed by the company and 33 filed against it. 23 are pending. Most are in the district courts.
My Mobile Payments was incorporated on 02 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
My Mobile Payments has 6 deals on record (6 funding rounds), with disclosed funding of ₹31.53 Cr; the latest was in June 2014.
Harold Hench Montgomery ceased to be Director on 01 Jun 2020. Pallavi Parihar ceased to be Director on 01 Jun 2020. Vinamra Shastri ceased to be Additional Director on 07 Feb 2020. My Mobile Payments has 26 board changes on record in total.
My Mobile Payments can be reached through the website moneyonmobile.in. Its registered office is in Mumbai, Maharashtra, India.