Setu Payments Private Limited - Company Profile

Q: Who are the current directors of Setu Payments Private Limited?

The current directors of Setu Payments Private Limited are Ritesh Khetan, Sahil Ramanath Kini, Jagriti Bhattacharyya.

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2021.

2021 Bangalore, Karnataka, India Struck Off

Last Updated: July 23, 2025

About Setu Payments Private Limited

Setu Payments Private Limited, a struck off private limited company, was established on 08 September 2021 in Bangalore, Karnataka, India. Engaging in digital payment solutions within the financial services sector, it holds CIN: U72400KA2021PTC151559. Registered under ROC Roc Bangalore. 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 Ritesh Khetan (Director), Sahil Ramanath Kini (Director), Jagriti Bhattacharyya (Director). Past directors included Ritesh Khetan, Nikhil Sathish Kumar Kolar, Jagriti Bhattacharyya. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Third Floor, No. 2/1, Embassy Icon Annexe, Infantry Road, Bengaluru - 560001, Bangalore, Karnataka, 560001.

Company Details

CIN/LLPIN
U72400KA2021PTC151559
Registration Number
151559
Incorporation Date
08 September 2021
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Struck Off

Key Metrics

Authorised Capital ₹ 0.10 M as on 23-07-2025
Paid Up Capital ₹ 0.10 M as on 23-07-2025
Company Age 4 Year, 5 Months
Last Filing with ROC 31 Mar 2022

Comprehensive Company Insights

Explore comprehensive insights into Setu 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 Setu Payments Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ritesh Khetan	Director	22 Jun 2022	Current
Sahil Ramanath Kini	Director	08 Sep 2021	Current
Jagriti Bhattacharyya	Director	22 Jun 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	22 Jun 2022	Past
Pramod Abcsdd	Director	22 Jun 2022	Past
Pramod Abcsdd	Additional Director	22 Jun 2022	Past

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Financial Performance of Setu Payments.

Setu Payments Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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

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What is the Ownership and Shareholding Structure of Setu Payments?

In 2022, Setu 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 Setu Payments?

Setu Payments has a workforce of 0 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Setu 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 Setu Payments's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Setu Payments

Recent Activity within the Organization

Annual General Meeting

Setu Payments Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.
30 Sep 2022
Director Appointment

Progress on Ritesh Khetan was appointed as a Director was appointed as a Director on 22 Jun 2022 & has been associated with this company since 3 years 7 months . was documented.
22 Jun 2022
Director Appointment

The activity Jagriti Bhattacharyya was appointed as a Director was appointed as a Director on 22 Jun 2022 & has been associated with this company since 3 years 7 months . was completed.
22 Jun 2022
Balance Sheet

Setu Payments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore. was recorded as a recent event.
31 Mar 2022
Director Appointment

Sahil Ramanath Kini was appointed as a Director was appointed as a Director on 08 Sep 2021 & has been associated with this company since 4 years 5 months . was recorded as a recent event.
08 Sep 2021
Company Incorporation

The activity Setu Payments Private Limited was registered on 08 Sep 2021 with Roc Bangalore & aged 4 years 5 months as per MCA records. was completed.
08 Sep 2021

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