- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0021728

About Obopay Mobile Technology India Private Limited
Data last updated:
Obopay Mobile Technology India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Obopay Inc.. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 06 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC041992. Its GSTIN is 29AAACO9074H1Z2 (Karnataka).
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹19.88 Cr. It is led by directors including Desikachari Padmanabhan and Rajiv Kuchhal.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 202 2nd Floor Touchdown No. 1 & 2 Hal Industrial Area, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹50.19 Lakh (net margin 8.5%) and EBITDA of ₹1.84 Cr (EBITDA margin 31.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Obopay and indyFint. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending. The company has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹83.99 Cr; the latest was in December 2022.
Obopay Mobile Technology India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0021728). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website obopay.com.
Company details
Recognitions & Rankings of Obopay Mobile Technology India
Contact details
Obopay Mobile Technology India Private Limited's registered office is in Bangalore, Karnataka. Its website is obopay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address202 2nd Floor Touchdown No. 1 & 2 Hal Industrial Area, Bangalore, Karnataka, India – 560037
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Obopay Mobile Technology India 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
Brands
Obopay Mobile Technology India operates two associated brands: Obopay and indyFint. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile payment solutions for businesses | obopay.com | |
| White-label solutions for mobile payments are provided to corporates. | indyfint.com |
Business activity
The main business activity of Obopay Mobile Technology India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Obopay Mobile Technology India Private Limited, buy the company report.
Financials of Obopay Mobile Technology India Private Limited
FY 2024 filings availableObopay Mobile Technology India Private Limited reported revenue of ₹5.88 Cr (up 249% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 249% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 142% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.84 Cr | ||||
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| Net Profit (PAT) | ₹50.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 31.2% | ||||
| Net Profit Margin | 8.5% | ||||
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To see the full financial statements and ratios of Obopay Mobile Technology India Private Limited, buy the company report.
Board of directors of Obopay Mobile Technology India Private Limited
Obopay Mobile Technology India has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Desikachari Padmanabhan Also directs: Istreet Network Limited, Indygen Labs Private Limited, Indyfort Private Limited and 5 more | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Rajiv Kuchhal | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Murthy Saravana Gurunathan Also directs: Sri Annapoorneshwari Ventures Private Limited | Director | 15 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Obopay Mobile Technology India Private Limited is audited by SRINIVASAN & SHANKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRINIVASAN & SHANKAR | FY 2023 | 005093S |
Shareholding
The shareholding of Obopay Mobile Technology India 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 Obopay Mobile Technology India Private Limited, buy the company report.
Deals & funding
Obopay Mobile Technology India Private Limited has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹83.99 Cr; the latest was in December 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Funding round | ₹7.42 Cr | Investors: 3 individuals |
| May 2021 | Funding round | ₹12 Cr | Investors: 2 individuals |
| Oct 2019 | Funding round | ₹10 Cr | Investors: 2 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Obopay Inc & Padmanabhan Desikachari, Obopay Inc Seller: OBP Investments Inc., Obopay Mauritius Inc. |
| Nov 2011 | Funding round | ₹14.58 Cr | Investors: Obopay Mauritius Inc. |
To see the full deal history of Obopay Mobile Technology India 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
Obopay Mobile Technology India Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -5 | Pending |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by PR. Commissioner of Income Tax 5 BMTC Complex, Koramangala , District: Bangalore , , Karnataka and 1 other | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by PR Commissioner of Income-Tax, | Disposed |
To see the full case history of Obopay Mobile Technology India 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 Obopay Mobile Technology India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Obopay Mobile Technology India Private Limited has a workforce of 16 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Obopay Mobile Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO9074H1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Obopay Mobile Technology India Private Limited, buy the company report.
Recent activity
Obopay Mobile Technology India Private Limited has 25 board changes on record since 2007: 14 appointments and 11 cessations. The latest: Murthy Saravana Gurunathan was appointed as Director on 15 Jan 2024.
16 earlier events are in the company report.
News
Frequently asked questions
Obopay Mobile Technology India is an active private limited company based in Bangalore, Karnataka, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 06 March 2007 (19+ years old) and is registered under CIN U72200KA2007PTC041992.
Obopay Mobile Technology India has 3 current directors:
- Desikachari Padmanabhan - Director
- Rajiv Kuchhal - Director
- Murthy Saravana Gurunathan - Director
The latest financial statements of Obopay Mobile Technology India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Obopay Mobile Technology India is 29AAACO9074H1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Obopay Mobile Technology India is U72200KA2007PTC041992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Obopay Mobile Technology India has 5 court cases on record: 5 filed against it. 2 are pending. Most are in the high courts.
Obopay Mobile Technology India was incorporated on 06 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Obopay Mobile Technology India has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹83.99 Cr; the latest was in December 2022.
Murthy Saravana Gurunathan was appointed as Director on 15 Jan 2024. Shailendra Naidu Somarouthu ceased to be Director on 13 Nov 2023. Shailendra Naidu Somarouthu was appointed as Director on 19 Apr 2019. Obopay Mobile Technology India has 25 board changes on record in total.
Yes, Obopay Mobile Technology India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0021728).