About Phonepe Limited
Data last updated: 06 January 2026
Phonepe Limited is a public limited company based in Bangalore South, Karnataka, India, a subsidiary of Fit Holdings Sarl. It specialises in online payment gateways, a part of the broader financial services sector. Incorporated on 18 December 2012, the company has been in operation for over 14 years.
Registered with ROC Bangalore under CIN U67190KA2012PLC176031.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹50.66 Cr. Formerly known as Fx Mart Private Limited and Phonepe Limited. It is led by directors including Manish Mahendra Sabharwal and Leigh Douglas Hopkins.
Last AGM: 21 August 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore South, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3,024.99 Cr, a growth of 79.7% compared to the previous year.
The company has a workforce of approximately 7,645 employees as per the latest available data. It operates as a subsidiary of Fit Holdings Sarl. Its group structure includes 9 subsidiaries.
The company is associated with 3 brands - Wealthdesk, Phonepe, Share.Market. As per MCA filings, the company has satisfied charges of ₹51.63 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phonepe.com.
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Registered AddressOffice – 2 Floor 5 Wing A Block A Salarpuria Softzone, Bellandur Village Varthur Hobli Outer Ring Road, Bangalore South, Karnataka, India – 560103
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IndustryFinancial Services, Online Payment Gateways
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Phonepe Limited
Phonepe Limited has undergone 2 name changes throughout its history. The company was previously known as Fx Mart Private Limited, and Phonepe Limited. The current legal name is Phonepe Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Phonepe Limited | Current |
| Fx Mart Private Limited | Previous |
CIN History of Phonepe Limited
Phonepe Limited has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67190KA2012PLC176031, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190KA2012PLC176031 | Current |
| U67190MH2012PTC337657 | Previous |
| U67190DL2012PTC303812 | Previous |
| U67190PB2012PTC036950 | Previous |
| U67190KA2012PTC176031 | Previous |
Associated Brands with Phonepe Limited
Phonepe Limited operates multiple associated brands including WealthDesk, PhonePe, and Share.Market. These brands represent Phonepe Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| ETFs are invested in via an online and app-based platform. | wealthdesk.in | |
| Payment, financial, investment, and lending services are provided digitally. | phonepe.com | |
| Multi-asset trading and investment services are offered to individuals. | share.market |
Competitors & Alternatives of Phonepe Limited
Brands and companies operating in the same space as Phonepe Limited include Paytm, Robinhood, MobiKwik and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Paytm
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Digital payments, financial services, and e-commerce platforms are provided. | Noida, India, India | 2000 |
Robinhood
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Commission-free trading and investment services are provided by Robinhood. | Menlo Park, United States, United States | 2013 |
MobiKwik
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Operator of platform for online mobile, DTH recharge, and bill payments | Gurugram, India, India | 2009 |
Trade Republic
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Multi-asset trading platform for stocks, ETFs, and cryptocurrencies is provided. | Berlin, Germany, Germany | 2015 |
MoneyGram
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Cross-border payments are enabled via wallet solutions for consumers. | Dallas, United States, United States | 1940 |
Saxo Bank
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Online platform for trading in forex, options, and CFDs | Copenhagen, Denmark, Denmark | 1992 |
Webull
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Broker-based online trading platform | New York, United States, United States | 2017 |
OLA Money
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Digital financial products and services are provided by OLA Money. | Bengaluru, India, India | 2015 |
FreeCharge
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Digital wallet services for bill payments and recharges are facilitated. | Gurugram, India, India | 2010 |
Citrus Pay
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Online payment app for consumers and businesses | Mumbai, India, India | 2011 |
Business Activity of Phonepe Limited
Phonepe Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Phonepe Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Phonepe Limited
Phonepe Limited is audited by S. R. Batliboi & Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. R. Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history for Phonepe Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Phonepe Limited
Phonepe Limited currently reports 8 directors and 2 key managerial personnel. 22 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Manish Mahendra Sabharwal
Also directs:
Phonepe Limited, Mks Management Consultancy Services Llp, Teamlease Services Limited and 3 more
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Director | 21 Nov 2024 | 1 Years 8 Months | Current |
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Leigh Douglas Hopkins
Also directs:
Phonepe Limited, 63Ideas Infolabs Private Limited
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Nominee Director | 06 Jan 2023 | 3 Years 7 Months | Current |
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John David Rainey Jr
Also directs:
Phonepe Limited
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Nominee Director | 24 Jan 2024 | 2 Years 6 Months | Current |
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Adarsh Nahata
Also directs:
Phonepe Limited
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Cfo | 18 Sep 2024 | 1 Years 11 Months | Current |
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Zarin Bomi Daruwala
Also directs:
Pl Capital Markets Private Limited, Prabhudas Lilladher Advisory Services Limited, Phonepe Limited and 1 more
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Director | 23 May 2025 | 1 Years 2 Months | Current |
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Rohit Bhagat
Also directs:
Phonepe Limited, Meesho Limited
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Director | 06 Jan 2023 | 3 Years 7 Months | Current |
Financials of Phonepe Limited FY 2025 filings available
Phonepe Limited reported revenue of ₹3,024.99 Cr (up 79.70% YoY) for FY 2023.
Ten-year financial statements for Phonepe Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Phonepe Limited
Shareholding and ownership data for Phonepe Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Phonepe Limited
Phonepe Limited has 9 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Phonepe Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Phonepe Credit Services Private Limited | U63119KA2016PTC174869 | Locked |
| Phonepe Wealth Broking Private Limited | U65990KA2021PTC146954 | Locked |
| Phonepe Technology Services Private Limited | U65999KA2019PTC174321 | Locked |
| Phonepe Finance Private Limited | U65999KA2021PTC151118 | Locked |
| Phonepe Insurance Broking Services | U66000KA2020FTC132814 | Locked |
| Quantech Capital Investment Advisors Private Limited | U67190KA2018PTC175882 | Locked |
Showing major subsidiaries. Total: 9.
Charges & Borrowings of Phonepe Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2018 | Yes Bank Limited | ₹10 Lakh | Satisfied |
| 29 Jan 2018 | Yes Bank Limited | ₹4.87 Cr | Satisfied |
| 12 Dec 2017 | Yes Bank Limited | ₹2 Cr | Satisfied |
| 23 Jun 2016 | Yes Bank Limited | ₹44.66 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Phonepe Limited
Phonepe Limited has a workforce of 7,645 employees as of Mar 23, 2024.
Employee and EPFO history for Phonepe Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Phonepe Limited
GST registrations and filing compliance for Phonepe Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Phonepe Limited
Credit ratings, litigation, and regulatory alerts for Phonepe Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Phonepe Limited
MSME payment history for Phonepe Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Phonepe Limited
Corporate group structure for Phonepe Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Phonepe Limited
MCA filings and documents for Phonepe Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Phonepe Limited
Recent News on Phonepe Limited
Frequently Asked Questions about Phonepe Limited
Phonepe Limited is an active public limited company in the financial services sector based in Bangalore South, Karnataka, India. It was incorporated on 18 December 2012 (14+ years old) and is registered under CIN U67190KA2012PLC176031. The company has 7,645 employees.
Phonepe Limited reported revenue of ₹3,024.99 Cr for FY 2023 (up 79.70% YoY).
The current directors and KMP of Phonepe Limited are:
- Manish Mahendra Sabharwal - Director
- Leigh Douglas Hopkins - Nominee Director
- John David Rainey Jr - Nominee Director
- Adarsh Nahata - Cfo
- Zarin Bomi Daruwala - Director
- Rohit Bhagat - Director
- Sameer Nigam - Ceo
- Donna Catherine Morris - Nominee Director
- Tarun Bajaj - Director
- Rahul Chari Vardha - Whole-Time Director
The primary industry of Phonepe Limited is financial services. The company specifically operates in online payment gateways. The company is currently active in this sector.
Phonepe Limited can be reached at the registered office: Office – 2 Floor 5 Wing A Block A Salarpuria Softzone, Bellandur Village Varthur Hobli Outer Ring Road, Bangalore South, Karnataka, India – 560103, or through the website phonepe.com.
The authorised capital is ₹100 Cr, and the paid-up capital is ₹50.66 Cr.