About Piramal Payment Services Limited
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Piramal Payment Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 29 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2022PLC381717.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Saurabh Mittal and Jagdeep Mallareddy.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 601 Amiti Bldg Agastya Corporate Park Kamani Junction Kurla West, Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2025, the company reported a revenue of ₹92,000. For the same year it recorded a net loss of ₹20.53 Lakh and EBITDA of -₹20.53 Lakh.
The company has 2 deals on record (2 rights issues); the latest was in September 2024. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Haipals Messenger Private Limited with revenue of ₹1.02 Lakh.
For more details, the company can be reached via its website piramal.com.
Company details
Contact details
Piramal Payment Services Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address601 Amiti Bldg Agastya Corporate Park Kamani Junction Kurla West, Mumbai, Maharashtra, India – 400070
- 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
Financials of Piramal Payment Services Limited
FY 2025 filings availablePiramal Payment Services Limited reported revenue of ₹92,000 for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹20.53 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹20.53 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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To see the full financial statements and ratios of Piramal Payment Services Limited, buy the company report.
Board of directors of Piramal Payment Services Limited
Piramal Payment Services has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Mittal | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
| Jagdeep Mallareddy | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
| Bipin Singh | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
| Jairam Sridharan Also directs: DHFL Investments Limited, Piramal Finance Limited, Pramerica Life Insurance Limited and 1 more | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Piramal Payment Services Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haipals Messenger Private Limited | ₹1.02 Lakh (FY 2022) | Coimbatore, Tamil Nadu, India | ||||
| Himalaya Pay Services Private Limited | ₹1.01 Lakh (FY 2024) | Bhatiyat, Himachal Pradesh, India | ||||
| Matchmove Paytech India Private Limited | ₹1 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Abhi One Pay Suvidha Private Limited | ₹98,955 (FY 2025) | Jaipur, Rajasthan, India | ||||
| Shri Life Technologies Private Limited | ₹93,584 (FY 2023) | 87.0% | Jaipur, Rajasthan, India | |||
| Piramal Payment Services Limitedthis company | ₹92,000 (FY 2025) | -₹20.53 Lakh | Mumbai, Maharashtra, India | |||
| PND Chits Private Limited | ₹87,500 (FY 2022) | Chennai, Tamil Nadu, India | ||||
| Cazhon Technologies India Private Limited | ₹85,652 (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Jagwati Devi Online Social Services Private Limited | ₹83,173 (FY 2025) | -64.0% | Firozabad, Uttar Pradesh, India | |||
| Egpay Payment Technology Private Limited | ₹82,473 (FY 2021) | Pune, Maharashtra, India | ||||
| Bharatepay Fintech Private Limited | ₹66,222 (FY 2023) | -99.0% | Delhi, India |
To see the full peer comparison of Piramal Payment Services Limited, buy the company report.
Deals & funding
Piramal Payment Services Limited has 2 deals on record (2 rights issues); the latest was in September 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Rights issue | ₹1.5 Cr | Investors: Piramal Finance Limited |
| Jun 2022 | Rights issue | ₹5.45 Cr | Investors: Piramal Finance Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Piramal Payment Services Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Piramal Payment Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Piramal Payment Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Piramal Payment Services Limited has 4 board changes on record since 2022: 4 appointments. The latest: Bipin Singh was appointed as Director on 29 Apr 2022.
News
Frequently asked questions
Piramal Payment Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 29 April 2022 (4+ years old) and is registered under CIN U67100MH2022PLC381717.
Piramal Payment Services has 4 current directors:
- Saurabh Mittal - Director
- Jagdeep Mallareddy - Director
- Bipin Singh - Director
- Jairam Sridharan - Director
The latest financial statements of Piramal Payment Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Piramal Payment Services is U67100MH2022PLC381717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piramal Payment Services was incorporated on 29 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Piramal Payment Services has 2 deals on record (2 rights issues); the latest was in September 2024.
The peers of Piramal Payment Services by revenue are Haipals Messenger Private Limited, Himalaya Pay Services Private Limited, Matchmove Paytech India Private Limited, Abhi One Pay Suvidha Private Limited, Shri Life Technologies Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Bipin Singh was appointed as Director on 29 Apr 2022. Jagdeep Mallareddy was appointed as Director on 29 Apr 2022. Jairam Sridharan was appointed as Director on 29 Apr 2022. Piramal Payment Services has 4 board changes on record in total.
Piramal Payment Services can be reached through the website piramal.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Piramal Payment Services is at 601 Amiti Bldg Agastya Corporate Park Kamani Junction Kurla West, Mumbai, Maharashtra, India – 400070.
Piramal Payment Services operates in the financial services industry, in the digital payment solutions segment.
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