Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private Limited - e-commerce in Bangalore South, Karnataka, India. FY 2026 financials and compliance.
CIN U62099KA2021PTC147100 Incorporated 03 May 2021 ROC Bangalore HQ Bangalore South, Karnataka, India
Active Private Limited Company e-commerce
Data last updated
Revenue · FY 2025
₹12.32 Cr
▲ 134.00% YoY
EBITDA · FY 2025
*****
▼ 165.00% YoY
Net profit · FY 2025
*****
▼ 165.00% YoY
Authorised capital
₹3,000 Cr
Registered with MCA
Paid-up capital
₹764.9 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
114
Latest available

About Pincode Shopping Solutions Private Limited

Data last updated: 16 February 2026

Pincode Shopping Solutions Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Phonepe Private Limited. It specialises in online grocery platforms, a part of the broader e-commerce sector. Incorporated on 03 May 2021, the company has been in operation for over 5 years.

Registered with ROC Bangalore under CIN U72100KA2021PTC147100.

Capital: an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹764.9 Cr. Formerly known as Phonepe Shopping Solutions Private Limited and Phonepe Payment Technology Services Private Limited. It is led by directors including Neeraj Devaraj Bharadwaj and Lalit Kumar Singh.

Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore South, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹12.32 Cr, a growth of 134% compared to the previous year.

The company has a workforce of approximately 114 employees as per the latest available data. It operates as a subsidiary of Phonepe Private Limited.

The company is associated with 2 brands - Pincode, Phonepe.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pincode.com.

Company Details of Pincode Shopping Solutions Private Limited
CIN U62099KA2021PTC147100
Registration Number 147100
Incorporation Date 03 May 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Phonepe Private Limited
Compliance Status Active Compliant
Key People
Neeraj Devaraj Bharadwaj Whole-Time Director Lalit Kumar Singh Whole-Time Director Vivek Lohcheb Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    pincode.com
  • Social Media
  • Apps
  • Registered Address
    Office – 2 Floor 6 Wing B Block A Salarpuria Softzone, Bellandur Village Varthur Hobli Outer Ring Road, Bangalore South, Karnataka, India – 560103
  • Industry
    E-Commerce, Online Grocery Platforms
Company report
Pincode Shopping Solutions Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Pincode Shopping Solutions Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private Limited has undergone 2 name changes throughout its history. The company was previously known as Phonepe Shopping Solutions Private Limited, and Phonepe Payment Technology Services Private Limited. The current legal name is Pincode Shopping Solutions Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Pincode Shopping Solutions Private Limited Current
Phonepe Shopping Solutions Private Limited Previous
Phonepe Payment Technology Services Private Limited Previous

CIN History of Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62099KA2021PTC147100, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U62099KA2021PTC147100 Current
U67100KA2021PTC147100 Previous
U72100KA2021PTC147100 Previous

Associated Brands with Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private Limited operates two associated brands: Pincode and PhonePe. These brands represent Pincode Shopping Solutions Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Pincode
Online app for quick delivery of groceries, medicines, and fashion items. pincode.com
PhonePe
Payment, financial, investment, and lending services are provided digitally. phonepe.com

Competitors & Alternatives of Pincode Shopping Solutions Private Limited

Brands and companies operating in the same space as Pincode Shopping Solutions Private Limited include Paytm, Swiggy, Blinkit and 7 more.

Competitor Description Location Founded
Paytm Paytm Digital payments, financial services, and e-commerce platforms are provided. Noida, India, India 2000
Swiggy Swiggy Food and grocery items are ordered via an online network. Bengaluru, India, India 2014
Blinkit Blinkit Instant delivery of groceries and essentials is facilitated online. Gurugram, India, India 2013
MobiKwik MobiKwik Operator of platform for online mobile, DTH recharge, and bill payments Gurugram, India, India 2009
Dunzo Dunzo Operates an on-demand hyperlocal delivery app for food and groceries. Bengaluru, India, India 2014
MoneyGram MoneyGram Cross-border payments are enabled via wallet solutions for consumers. Dallas, United States, United States 1940
OLA Money OLA Money Digital financial products and services are provided by OLA Money. Bengaluru, India, India 2015
FreeCharge FreeCharge Digital wallet services for bill payments and recharges are facilitated. Gurugram, India, India 2010
Citrus Pay Citrus Pay Online payment app for consumers and businesses Mumbai, India, India 2011
EbixCash EbixCash App-based money transfer and bill payment platform for individuals and businesses Noida, India, India 1989

Business Activity of Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including data processing, hosting and related activities; web portal.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J7 Data processing, hosting and related activities; web portal *********

Auditor Details of Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private 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 blur-value blur-value blur-value

Board of Directors of Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private Limited is currently managed by 6 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Neeraj Devaraj Bharadwaj
Also directs: Pincode Shopping Solutions Private Limited
Whole-Time Director 06 Nov 2023 2 Years 8 Months Current
Lalit Kumar Singh
Also directs: Pincode Shopping Solutions Private Limited
Whole-Time Director 21 Mar 2023 3 Years 3 Months Current
Vivek Lohcheb
Also directs: Pincode Shopping Solutions Private Limited
Whole-Time Director 21 Mar 2023 3 Years 3 Months Current
Tessa Joseph Kallarackal
Also directs: Pincode Shopping Solutions Private Limited, Indus Appstore Private Limited
Company Secretary 04 Oct 2023 2 Years 9 Months Current
View all directors

Financials of Pincode Shopping Solutions Private Limited FY 2025 filings available

Pincode Shopping Solutions Private Limited reported revenue of ₹12.32 Cr (up 134% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹12.32 Cr ▲ 134%
Profit
***** ▼ -165%
EBITDA
***** ▼ -165%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Pincode Shopping Solutions Private Limited

As of FY 2023, Pincode Shopping Solutions Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Pincode Shopping Solutions Private Limited

View historical data on people associated with Pincode Shopping Solutions Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Pincode Shopping Solutions Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Pincode Shopping Solutions Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Pincode Shopping Solutions Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Pincode Shopping Solutions Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Pincode Shopping Solutions Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Pincode Shopping Solutions Private Limited

MSME Payment Delays by Pincode Shopping Solutions Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Pincode Shopping Solutions Private Limited

Subsidiaries & Group Companies of Pincode Shopping Solutions Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Pincode Shopping Solutions Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Pincode Shopping Solutions Private Limited

MCA Filings & Documents of Pincode Shopping Solutions Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Pincode Shopping Solutions Private Limited

Directors
30 Jan 2026
Neeraj Devaraj Bharadwaj was appointed as a Cfo on 30 Jan 2026 & has been associated with this company since 5 months 10 days.
Activity
25 Sep 2025
Pincode Shopping Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Pincode Shopping Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
06 Nov 2023
Neeraj Devaraj Bharadwaj was appointed as a Whole-time director on 06 Nov 2023 & has been associated with this company since 2 years 8 months.
Directors
04 Oct 2023
Tessa Joseph Kallarackal was appointed as a Company Secretary on 04 Oct 2023 & has been associated with this company since 2 years 9 months.
Directors
04 Oct 2023
Tessa Joseph Kallarackal was appointed as a Company Secretary on 04 Oct 2023 & has been associated with this company since 2 years 9 months.

Recent News on Pincode Shopping Solutions Private Limited

PhonePe launches Indus Appstore
22 Feb 2024 · The Tribune

Frequently Asked Questions about Pincode Shopping Solutions Private Limited

Pincode Shopping Solutions Private Limited is an active private limited company in the e-commerce sector based in Bangalore South, Karnataka, India. It was incorporated on 03 May 2021 (5+ years old) and is registered under CIN U62099KA2021PTC147100. The company has 114 employees.

Pincode Shopping Solutions Private Limited reported revenue of ₹12.32 Cr for FY 2025 (up 134.00% YoY).

The current directors of Pincode Shopping Solutions Private Limited are:

The primary industry of Pincode Shopping Solutions Private Limited is e-commerce. The company specifically operates in online grocery platforms. The company is currently active in this sector.

Pincode Shopping Solutions Private Limited can be reached at the registered office: Office – 2 Floor 6 Wing B Block A Salarpuria Softzone, Bellandur Village Varthur Hobli Outer Ring Road, Bangalore South, Karnataka, India – 560103, or through the website pincode.com.

The authorised capital is ₹3,000 Cr, and the paid-up capital is ₹764.9 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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