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 U67190MH2012PTC337657.
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.
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.
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
|
Digital payments, financial services, and e-commerce platforms are provided. | Noida, India, India | 2000 |
Robinhood
|
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
|
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
|
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 |
|---|---|---|---|---|
| ********* | Financial and insurance Service | ********* | Other financial activities | ********* |
Board of Directors of Phonepe Limited
Phonepe Limited is currently managed by 12 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Manish Mahendra Sabharwal
Also directs:
Mks Management Consultancy Services Llp, Teamlease Services Limited, Lupin Ventures Private Limited and 2 more
|
Director | 21 Nov 2024 | 1 Years 7 Months | Current |
|
Leigh Douglas Hopkins
Also directs:
63Ideas Infolabs Private Limited
|
Nominee Director | 06 Jan 2023 | 3 Years 6 Months | Current |
| John David Rainey Jr | Nominee Director | 24 Jan 2024 | 2 Years 5 Months | Current |
| Adarsh Nahata | Cfo | 18 Sep 2024 | 1 Years 9 Months | Current |
| Zarin Bomi Daruwala | Director | 23 May 2025 | 1 Years 1 Months | Current |
|
Rohit Bhagat
Also directs:
Meesho Limited
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Director | 06 Jan 2023 | 3 Years 6 Months | Current |
Financials of Phonepe Limited FY 2025 filings available
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| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
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
View historical data on people associated with Phonepe Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Phonepe Limited
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GST Compliance of Phonepe Limited
GSTIN & GST Filing Data of Phonepe Limited
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Credit Ratings, Litigation & Regulatory Alerts for Phonepe Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Phonepe Limited
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MSME Payment Delays by Phonepe Limited
MSME Payment Delays by Phonepe Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Phonepe Limited
Subsidiaries & Group Companies of Phonepe Limited
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MCA Filings & Documents of Phonepe Limited
MCA Filings & Documents of Phonepe Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
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.
The current directors of Phonepe Limited are:
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.
The company has its registered office at Office – 2 Floor 5 Wing A Block A Salarpuria Softzone, Bellandur Village Varthur Hobli Outer Ring Road, Bangalore South, Karnataka, India – 560103.