Novopay Retail Solutions Private Limited - Company Profile

It is a business services private limited company based in Bangalore South, Karnataka, India, established in 2023.

2023 Bangalore South, Karnataka, India Active

Last Updated: February 07, 2026

About Novopay Retail Solutions Private Limited

Novopay Retail Solutions Private Limited, a active private limited company, was established on 13 March 2023 in Bangalore South, Karnataka, India. it holds CIN: U66190KA2023PTC171150. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.23 M.

Its leadership includes Metlapalli Sridhar Rao (Director), Gautam Bandyopadhyay (Director). Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Ii Floor No 18/2A Khata No 629 Ambalipura Village,, Sarjapura Main Road Bellandur Gate, Varthur Hobli,, Bangalore South, Karnataka, 560102.

Company Details

CIN/LLPIN
U66190KA2023PTC171150
Registration Number
171150
Incorporation Date
13 March 2023
Authorized Capital
₹1.50 M
Paid-Up Capital
₹1.23 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.50 M as on 07-02-2026
Paid Up Capital ₹ 1.23 M as on 07-02-2026
Company Age 2 Year, 11 Months
Last Filing with ROC 31 Mar 2025

Comprehensive Company Insights

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Access Report

Who are the key members and board of directors at Novopay Retail Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Metlapalli Sridhar Rao	Director	13 Mar 2023	Current
Gautam Bandyopadhyay	Director	13 Mar 2023	Current

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Financial Performance of Novopay Retail Solutions.

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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

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YOY Growth

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Novopay Retail Solutions?

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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 Novopay Retail Solutions?

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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

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Rating

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Alerts

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Latest Updates, News, and FAQs on Novopay Retail Solutions

Recent Activity within the Organization

Annual General Meeting

The activity Novopay Retail Solutions Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.
26 Sep 2025
Balance Sheet

The activity Novopay Retail Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

Metlapalli Sridhar Rao was appointed as a Director was appointed as a Director on 13 Mar 2023 & has been associated with this company since 2 years 11 months . was recorded as a recent event.
13 Mar 2023
Director Appointment

Gautam Bandyopadhyay was appointed as a Director was appointed as a Director on 13 Mar 2023 & has been associated with this company since 2 years 11 months . was recorded as a recent event.
13 Mar 2023
Company Incorporation

Progress on Novopay Retail Solutions Private Limited was registered on 13 Mar 2023 with Roc Bangalore & aged 2 years 11 months as per MCA records. was documented.
13 Mar 2023

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