Remitware Payments Private Limited - Company Profile

Q: Where is Remitware Payments Private Limited headquartered?

Remitware Payments Private Limited is headquartered at 724, 725, 726, Solus Building,, Office No. 2408, Thane, Maharashtra, 400607.

It is a information technology private limited company based in Thane, Maharashtra, India, established in 2014.

2014 Thane, Maharashtra, India Active

Last Updated: February 08, 2026

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About Remitware Payments Private Limited

Remitware Payments Private Limited, a active private limited company, was established on 19 December 2014 in Thane, Maharashtra, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U74999MH2014PTC260247. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Jitendra Jangid (Director), Kanchan Kumar (Director). Past directors included Jitendra Jangid, Sandeep Todi. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 72/4, 72/5, 72/6, Solus Building,, Office No. 2408, Thane, Maharashtra, 400607.

Company Details

CIN/LLPIN
U74999MH2014PTC260247
Registration Number
260247
Incorporation Date
19 December 2014
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 08-02-2026
Paid Up Capital ₹ 0.10 M as on 08-02-2026
Company Age 11 Year, 1 Month
Last Filing with ROC 31 Mar 2024
Revenue Growth **** 1959.55% (FY 2021)
Profit Growth **** 219.24% (FY 2021)
Ebitda **** -84.22% (FY 2021)
Net Worth 4.93% (FY 2021)
Total Assets **** 9.48% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Remitware Payments Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Remitware Payments Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jitendra Jangid	Director	01 Apr 2019	Current
Kanchan Kumar	Director	19 Dec 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Director	30 Nov 2024	Past

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Financial Performance of Remitware Payments.

Remitware Payments Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 1959.55% increase. The company also saw a substantial improvement in profitability, with a 219.24% increase in profit. The company's net worth moved up by a moderate rise of 4.93%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

1959.55%

*******

Revenue from Operations

*******

Total Assets

*******

9.48%

*******

Profit or Loss

*******

219.24%

*******

Net Worth

*******

4.93%

*******

EBITDA

*******

-84.22%

*******

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What is the Ownership and Shareholding Structure of Remitware Payments?

In 2021, Remitware Payments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Remitware Payments?

Unlock and access historical data on people associated with Remitware Payments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Remitware Payments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Remitware Payments's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Remitware Payments

Recent Activity within the Organization

Annual General Meeting

The activity Remitware Payments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Balance Sheet

Progress on Remitware Payments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
31 Mar 2024
Director Appointment

Progress on Jitendra Jangid was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 6 years 10 months . was documented.
01 Apr 2019
Director Appointment

The activity Kanchan Kumar was appointed as a Director was appointed as a Director on 19 Dec 2014 & has been associated with this company since 11 years 1 month . was completed.
19 Dec 2014
Company Incorporation

Remitware Payments Private Limited was registered on 19 Dec 2014 with Roc Mumbai & aged 11 years 1 month as per MCA records. was recorded as a recent event.
19 Dec 2014

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