India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #579 Shashank Kumar ₹5,800 Cr
- #579 Harshil Mathur ₹5,800 Cr
Revenue · FY 2025
₹115.58 Cr
▲ 2% YoY
Net loss · FY 2025
₹76.49 Cr
Net margin -66.2%
EBITDA · FY 2025
-₹76.49 Cr
EBITDA margin -66.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.69 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
236
Provident fund records
Directors on board
3
As per MCA filings
About RZPX Private Limited
Data last updated:
RZPX Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Razorpay, Inc.. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 28 September 2020 and has been in existence for over 6 years.
Its director Shashank Kumar is #579 among India's richest people (2026). Its director Harshil Mathur is #579 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC139072. Its GSTIN is 29AAKCR4702K1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.69 Cr. It was formerly known as Razorpayx Private Limited. It is led by directors including Shashank Kumar and Ajitabh Banerji.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor Sjr Cyber 22 Laskar Hosur Road Adugodi, Bangalore, Karnataka, India – 560030.
As per the financials filed for FY 2025, the company reported a revenue of ₹115.58 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹76.49 Cr (net margin -66.2%) and EBITDA of -₹76.49 Cr (EBITDA margin -66.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 236 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Razorpay. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 4 deals on record (2 acquisitions, 1 rights issue, 1 secondary share transfer); the latest was in March 2025.
For more details, the company can be reached via its website razorpay.com.
Company Details of RZPX Private Limited
CIN U72900KA2020PTC139072
Registration Number 139072
Incorporation Date 28 September 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Razorpay, Inc.
Recognitions & Rankings of RZPX
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGround Floor Sjr Cyber 22 Laskar Hosur Road Adugodi, Bangalore, Karnataka, India – 560030
- IndustryFinancial Services, Digital Payment Solutions
Comprehensive company report
RZPX Private Limited - one report that includes everything
- 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
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Associated Brands
RZPX operates one associated brand: Razorpay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Payment and business banking solutions are provided for enterprises. | razorpay.com |
Business Activity
The main business activity of RZPX is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of RZPX Private Limited
FY 2025 filings availableRZPX Private Limited reported revenue of ₹115.58 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹115.58 Cr ▲ 2%
Net loss · FY 2025
₹76.49 Cr margin -66.2%
EBITDA · FY 2025
-₹76.49 Cr margin -66.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 108%
3 years · compounded
▼ 35%
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 2% growth in the latest year. EBITDA fell 108% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹76.49 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹76.49 Cr | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -66.2% | |
| Net Profit Margin | -66.2% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of RZPX are in the company report.
: available in the company report
Board of Directors of RZPX Private Limited
RZPX has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Kumar Also directs: Marsshot Ventures LLP, Razorpay Payments Private Limited, Razorpay Technologies Private Limited and 5 more | Director | 28 Sep 2020 | 6 Years 0 Months | Current |
| Ajitabh Banerji | Director | 06 Jun 2022 | 4 Years 4 Months | Current |
| Harshil Mathur Also directs: Marsshot Ventures LLP, Razorpay Payments Private Limited, People Home Finance Limited and 5 more | Director | 28 Sep 2020 | 6 Years 0 Months | Current |
Auditor Details
RZPX Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
RZPX Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
RZPX Private Limited has 4 deals on record (2 acquisitions, 1 rights issue, 1 secondary share transfer); the latest was in March 2025.
Total deals
4
Acquisitions
2
Rights issue
1
Secondary share transfer
1
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Razorpay Software Limited , Razorpay Software Limited & Harshil Mathur Seller: Razorpay Ventures, Razorpay Inc & Harshil Mathur |
| Nov 2022 | Acquisition | ₹188.21 Cr | Buyer: Razorpay Ventures |
| Nov 2021 | Rights issue | ₹22.62 Cr | Investors: Razorpay Ventures |
| Mar 2021 | Acquisition | ₹38.05 Cr | Buyer: Razorpay Ventures |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
RZPX Private Limited has 3 court cases on record: 1 filed by RZPX, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Razorpay Software Limited | Disposed |
| District court, Idukki, Kerala | Criminal miscellaneous application | Filed against the company | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against The State of Karnataka and 2 others | Disposed |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance
RZPX Private Limited has a workforce of 236 employees as of Feb 02, 2025.
Employee count
236
Active EPFO establishments
1
Employee growth
2.16%
: available in the company report
Group Structure
RZPX has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
1
Associated companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Razorpay Services Private Limited | U72300PN2015PTC156373 | Locked |
| Jhkp Technologies Private Limited | U74999MH2018PTC308684 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity
RZPX Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Ajitabh Banerji ceased to be Additional Director on 27 Sep 2022.
AGM
Rzpx Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rzpx Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ajitabh Banerji ceased to be Additional Director.
Appointed
Ajitabh Banerji was appointed as Director.
Appointed
Harshil Mathur was appointed as Director.
Appointed
Shashank Kumar was appointed as Director.
Incorporation
28 Sep 2020
Rzpx Private Limited was registered on 28 Sep 2020 with Roc Bangalore & aged 6 years 24 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
RZPX has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCR4702K1Z1 | Karnataka | Active | 29 Oct 2020 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
RZPX is an active private limited company based in Bangalore, Karnataka, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 28 September 2020 (6+ years old) and is registered under CIN U72900KA2020PTC139072.
RZPX has 3 current directors:
- Shashank Kumar - Director
- Ajitabh Banerji - Director
- Harshil Mathur - Director
The latest financial statements of RZPX on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of RZPX is 29AAKCR4702K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of RZPX is U72900KA2020PTC139072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RZPX has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
RZPX was incorporated on 28 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
RZPX has 4 deals on record (2 acquisitions, 1 rights issue, 1 secondary share transfer); the latest was in March 2025.
Ajitabh Banerji ceased to be Additional Director on 27 Sep 2022. Ajitabh Banerji was appointed as Director on 06 Jun 2022. Harshil Mathur was appointed as Director on 28 Sep 2020. RZPX has 4 board changes on record in total.
RZPX can be reached through the website razorpay.com. Its registered office is in Bangalore, Karnataka, India.