About Oye Messenger Limited
Data last updated:
Oye Messenger Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 11 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2014PLC254096. Its GSTIN is 27AABCO9858N1ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹65 Lakh. It is led by directors including Naveen Shishodia and Marazban Parvez Bharucha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹185.84 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 0.6%) and EBITDA of ₹2.63 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Oyepe. As per MCA filings, the company has open charges of ₹3.85 Cr and satisfied charges of ₹4.47 Cr on record. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60 Lakh; the latest was in March 2020. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Ap Money Private Limited with revenue of ₹203.5 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 oyepe.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressOffice No. 68 B – Wing 6th Floor Aggarwal Trade Center Plot No.62 Sector – 11 C B D Bel, Apur, Navi Mumbai, Maharashtra, India – 400614
- IndustryFinancial Services, Digital Payment Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Oye Messenger Limited
The main business activity of Oye Messenger is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Oye Messenger Limited FY 2025 filings available
Oye Messenger Limited reported revenue of ₹185.84 Cr (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Oye Messenger Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 38% growth in the latest year. EBITDA rose 29% 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 of Oye Messenger Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.17 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Oye Messenger Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Oye Messenger are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Oye Messenger Limited
Oye Messenger Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Its own revenue is ₹185.84 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ap Money Private Limited | ₹203.5 Cr | ₹53.39 Lakh | 0% | +48% | Malegaon, Maharashtra, India | |
| Pay Point India Network Private Limited | ₹201.94 Cr | ₹7.72 Cr | 4% | +32% | 359 | Mumbai, Maharashtra, India |
| Payu Digital Labs Private Limited | ₹198.44 Cr | ₹16.31 Cr | 8% | -9% | 325 | Bangalore North, Karnataka, India |
| Valtique Fintech Private Limited | ₹194.43 Cr | ₹21.64 Cr | 11% | +95% | 50 | New, Delhi, India |
| Ikeda Limited | ₹189.92 Cr | ₹13.77 Cr | 7% | +277% | 224 | New, Delhi, India |
| Oye Messenger Limited this company | ₹185.84 Cr | ₹1.17 Cr | 0.6% | Navi Mumbai, Maharashtra, India | ||
| Network People Services Technologies Limited Listed | ₹180.62 Cr | ₹44.42 Cr | 25% | +39% | 318 | Thane, Maharashtra, India |
| Levelnext Ideas Private Limited | ₹177.41 Cr | ₹10.33 Lakh | 0% | +57% | New, Delhi, India | |
| Skilworth Technologies Private Limited | ₹177.4 Cr | ₹44.34 Lakh | 0% | -30% | 249 | Chennai, Tamil Nadu, India |
| India Transact Services Limited | ₹176.27 Cr | ₹9.87 Cr | -6% | -9% | 46 | Mumbai, Maharashtra, India |
| Techprocess Payment Services Limited | ₹172.33 Cr | ₹12.11 Cr | 7% | +29% | 360 | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Oye Messenger by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of Oye Messenger Limited
Oye Messenger Limited is audited by Mahesh C Jain & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mahesh C Jain & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Oye Messenger Limited
Oye Messenger has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Shishodia Also directs: Book My Spot Private Limited | Director | 15 Feb 2016 | 10 Years 7 Months | Current |
| Marazban Parvez Bharucha | Director | 19 Sep 2022 | 4 Years 0 Months | Current |
| Pooja Tiwari | Director | 24 Feb 2025 | 1 Years 7 Months | Current |
| Mamta Rajesh Shishodia | Director | 01 Jan 2015 | 11 Years 9 Months | Current |
| Rajesh Jaikeerat Shishodia | Director | 11 Mar 2014 | 12 Years 6 Months | Current |
Ownership and Shareholding of Oye Messenger Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Oye Messenger Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2023 | State Bank of India | ₹3.65 Cr | Open |
| 24 Feb 2021 | Axis Bank Limited | ₹20 Lakh | Open |
| 17 Dec 2021 | Others | ₹1.01 Cr | Satisfied |
| 01 Oct 2020 | Axis Bank Limited | ₹2.36 Cr | Satisfied |
| 29 Jul 2017 | City Union Bank Limited | ₹1.1 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Oye Messenger Limited
Oye Messenger Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60 Lakh; the latest was in March 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Jan 2020 | Funding round | ₹30 Lakh | Investors: an individual |
| May 2017 | Funding round | ₹30 Lakh | Investors: 2 individuals |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Oye Messenger Limited
Employment history and EPFO contributions of people linked to Oye Messenger.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Oye Messenger Limited
Oye Messenger has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Book My Spot Private Limited | U74110MH2020PTC340674 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Oye Messenger Limited
Oye Messenger Limited has 8 board changes on record since 2014: 5 appointments and 3 cessations. The latest: Pooja Tiwari was appointed as Director on 24 Feb 2025.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Oye Messenger Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Oye Messenger Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Oye Messenger Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Oye Messenger Limited
Oye Messenger has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCO9858N1ZK | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Oye Messenger Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Oye Messenger Limited
Oye Messenger is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 11 March 2014 (12+ years old) and is registered under CIN U74120MH2014PLC254096.
Oye Messenger reported revenue of ₹185.84 Cr for FY 2025 (up 38% YoY).
Oye Messenger has 5 current directors:
- Naveen Shishodia - Director
- Marazban Parvez Bharucha - Director
- Pooja Tiwari - Director
- Mamta Rajesh Shishodia - Director
- Rajesh Jaikeerat Shishodia - Director
Oye Messenger reported a net profit of ₹1.17 Cr (net margin 0.6%) and EBITDA of ₹2.63 Cr (EBITDA margin 1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Oye Messenger is 10% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Oye Messenger is 27AABCO9858N1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Oye Messenger is U74120MH2014PLC254096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oye Messenger was incorporated on 11 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Oye Messenger has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60 Lakh; the latest was in March 2020.
The peers of Oye Messenger by revenue are Ap Money Private Limited, Pay Point India Network Private Limited, Payu Digital Labs Private Limited, Valtique Fintech Private Limited, Ikeda Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Pooja Tiwari was appointed as Director on 24 Feb 2025. Marazban Parvez Bharucha was appointed as Director on 19 Sep 2022. Ravi Kumar Bhikham Sahu ceased to be Director on 16 Feb 2016. Oye Messenger has 8 board changes on record in total.