Techprocess Payment Services Limited

Techprocess Payment Services Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U74999MH2000PLC128611 Incorporated 08 September 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company financial services
Data last updated
Revenue · FY 2017
₹172.33 Cr
▲ 29.00% YoY
EBITDA · FY 2017
*****
▲ 18.00% YoY
Net profit · FY 2017
*****
▲ 21.00% YoY
Authorised capital
₹75.07 Cr
Registered with MCA
Paid-up capital
₹29.7 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
26 yrs
Est. 2000
Employees · EPFO
404
Latest available

About Techprocess Payment Services Limited

Data last updated: 26 July 2025

Techprocess Payment Services Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Ingenico E-Commerce Solutions Sprl. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in digital payment solutions, a part of the broader financial services sector. Incorporated on 08 September 2000.

Registered with ROC Mumbai under CIN U74999MH2000PLC128611.

Capital: an authorised share capital of ₹75.07 Cr and a paid-up capital of ₹29.7 Cr. Formerly known as Techprocess Solutions Limited and Billjunction Payments Limited. It was led by directors including Narayanan Agaram Seetharaman and Radha Binod Barman.

Last AGM: 30 June 2017. Financial statements filed for year ended 31 March 2017. Office: Building No. 1 2Nd Floor Mehra Estate Lbs Marg Vikhroli (W), Mumbai, Maharashtra, India – 400079.

As per the financials filed for FY 2017, the company reported a revenue of ₹172.33 Cr, a growth of 29% compared to the previous year.

The company had a reported workforce of approximately 404 employees prior to being dissolved. It operated as a subsidiary of Ingenico E-Commerce Solutions Sprl.

The company was associated with 1 brand - Techprocess Payment Services.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is techprocess.co.in.

Company Details of Techprocess Payment Services Limited
CIN U74999MH2000PLC128611
Registration Number 128611
Incorporation Date 08 September 2000
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 June 2017
Date of Balance Sheet 31 March 2017
Parent Company Ingenico E-Commerce Solutions Sprl
Compliance Status Active Non-Compliant
Key People
Kumar Manohar Karpe Whole-Time Director Narayanan Agaram Seetharaman Director Radha Binod Barman Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Website
    techprocess.co.in
  • Social Media
  • Registered Address
    Building No. 1 2Nd Floor Mehra Estate Lbs Marg Vikhroli (W), Mumbai, Maharashtra, India – 400079
  • Industry
    Financial Services, Digital Payment Solutions
Company report
Techprocess Payment Services Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Techprocess Payment Services Limited report

Financials, compliance, directors, charges, ownership and filings for Techprocess Payment Services Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Techprocess Payment Services Limited

Techprocess Payment Services Limited has undergone 3 name changes throughout its history. The company was previously known as Techprocess Solutions Limited, Billjunction Payments Limited, and Techprocess Payment Services Private Limited. The current legal name is Techprocess Payment Services Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Techprocess Payment Services Limited Current
Techprocess Solutions Limited Previous
Billjunction Payments Limited Previous
Techprocess Payment Services Private Limited Previous

Associated Brands with Techprocess Payment Services Limited

Techprocess Payment Services Limited operates one associated brand: TechProcess Payment Services. These brands represent Techprocess Payment Services Limited's diversified market presence and brand portfolio.

Brand Description Website
TechProcess Payment Services
Online payment processing solutions are offered for multiple industries. techprocess.co.in

Competitors & Alternatives of Techprocess Payment Services Limited

Brands and companies operating in the same space as Techprocess Payment Services Limited include Stripe, Razorpay, PayU and 6 more.

Competitor Description Location Founded
Stripe Stripe Payment processing and card issuance solutions are provided for businesses. San Francisco, United States, United States 2009
Razorpay Razorpay Payment and business banking solutions are provided for enterprises. Bengaluru, India, India 2014
PayU PayU Online payment processing and credit solutions are provided for businesses. Amsterdam, Netherlands, Netherlands 2002
Flutterwave Flutterwave Provider of payment processing solutions for businesses San Francisco, United States, United States 2016
Mintoak Mintoak Digital payments and engagement solutions are offered for MSMEs. Mumbai, India, India 2017
Pine Labs Pine Labs Omnichannel payment solutions, loyalty programs, and business tools are provided. Noida, India, India 1998
HighRadius HighRadius Autonomous finance and payment solutions are provided to businesses. Houston, United States, United States 2006
ACI Worldwide ACI Worldwide Digital payments are processed and managed via specialized solutions. Omaha, United States, United States 1975
Airpay Airpay An integrated omnichannel platform for financial services is provided. Mumbai, India, India 2012

Business Activity of Techprocess Payment Services Limited

Techprocess Payment Services Limited is engaged in the principal business activity of information and communication, with detailed activities including 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 *********

Auditor Details of Techprocess Payment Services Limited

Techprocess Payment Services Limited is audited by N M RAIJI & CO for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
N M RAIJI & CO blur-value blur-value blur-value

Board of Directors of Techprocess Payment Services Limited

Techprocess Payment Services Limited is currently managed by 6 directors, with 24 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Narayanan Agaram Seetharaman Director 20 Feb 2017 9 Years 4 Months As last reported
Radha Binod Barman
Also directs: 63Sats Cybertech Limited, Sarvatra Technologies Private Limited, Ticker Limited
Director 22 Feb 2011 15 Years 4 Months As last reported
Anand Ramachandran
Also directs: Kach Tech Private Limited
Director 20 Feb 2017 9 Years 4 Months As last reported
Kumar Manohar Karpe
Also directs: Kach Tech Private Limited
Whole-Time Director 18 Nov 2011 14 Years 7 Months As last reported
Sunith Menon Director 20 Feb 2017 9 Years 4 Months As last reported
View all directors

Financials of Techprocess Payment Services Limited FY 2017 filings available

Techprocess Payment Services Limited reported revenue of ₹172.33 Cr (up 29% YoY) for FY 2017. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹172.33 Cr ▲ 29%
Profit
***** ▲ 21%
EBITDA
***** ▲ 18%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
*****
*****
*****
Revenue Growth %
*****
*****
*****
*****
*****
Other Income
*****
*****
*****
*****
*****
Total Revenue
*****
*****
*****
*****
*****
Expenses
Total Expenses
*****
*****
*****
*****
*****
Raw Material Cost
*****
*****
*****
*****
*****
Change in Inventory FG
*****
*****
*****
*****
*****
Change in Inventory WIP
*****
*****
*****
*****
*****
Purchase of Traded Goods
*****
*****
*****
*****
*****
Employee Cost
*****
*****
*****
*****
*****
Managerial Remuneration
*****
*****
*****
*****
*****
Audit Fees
*****
*****
*****
*****
*****
Insurance
*****
*****
*****
*****
*****
Power & Fuel
*****
*****
*****
*****
*****
Interest
*****
*****
*****
*****
*****
Depreciation
*****
*****
*****
*****
*****
Other Expenses
*****
*****
*****
*****
*****
Profitability
EBITDA (Operating Profit)
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
*****
*****
Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Exceptional & Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Tax
*****
*****
*****
*****
*****
Tax & Net Profit
Tax Expense
*****
*****
*****
*****
*****
Current Tax
*****
*****
*****
*****
*****
Deferred Tax
*****
*****
*****
*****
*****
Profit from Discontinued Operations
*****
*****
*****
*****
*****
Tax on Discontinued Operations
*****
*****
*****
*****
*****
Profit
*****
*****
*****
*****
*****
Net Margin %
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Shareholders' Funds
Total Shareholders' Funds
*****
*****
*****
*****
*****
Equity Capital
*****
*****
*****
*****
*****
Reserves & Surplus
*****
*****
*****
*****
*****
Money Against Warrants
*****
*****
*****
*****
*****
Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
*****
*****
*****
*****
Other Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Provisions
*****
*****
*****
*****
*****
Current Liabilities
Total Current Liabilities
*****
*****
*****
*****
*****
Short-Term Borrowings
*****
*****
*****
*****
*****
Trade Payables
*****
*****
*****
*****
*****
Other Current Liabilities
*****
*****
*****
*****
*****
Short-Term Provisions
*****
*****
*****
*****
*****
Total Equity & Liabilities
*****
*****
*****
*****
*****
Non-Current Assets
Non-Current Assets
*****
*****
*****
*****
*****
Tangible Assets
*****
*****
*****
*****
*****
Intangible Assets
*****
*****
*****
*****
*****
Capital WIP
*****
*****
*****
*****
*****
Intangibles Under Dev
*****
*****
*****
*****
*****
Investments
*****
*****
*****
*****
*****
Deferred Tax Assets
*****
*****
*****
*****
*****
LT Loans & Advances
*****
*****
*****
*****
*****
Other Non-Current Assets
*****
*****
*****
*****
*****
Current Assets
Current Assets
*****
*****
*****
*****
*****
Current Investments
*****
*****
*****
*****
*****
Inventories
*****
*****
*****
*****
*****
Trade Receivables
*****
*****
*****
*****
*****
Cash & Bank Balance
*****
*****
*****
*****
*****
ST Loans & Advances
*****
*****
*****
*****
*****
Other Current Assets
*****
*****
*****
*****
*****
Total Assets
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
*****
*****
*****
*****
+ Depreciation
*****
*****
*****
*****
*****
+/- Unrealized Forex
*****
*****
*****
*****
*****
- Dividend Income
*****
*****
*****
*****
*****
- Interest Income
*****
*****
*****
*****
*****
+/- Other Non-Cash Items
*****
*****
*****
*****
*****
Changes in Working Capital
*****
*****
*****
*****
*****
+/- Inventory
*****
*****
*****
*****
*****
+/- Debtors
*****
*****
*****
*****
*****
+/- Creditors
*****
*****
*****
*****
*****
Reconciliation Adjustments
*****
*****
*****
*****
*****
Cash Generated from Operations
*****
*****
*****
*****
*****
Income Taxes Paid
*****
*****
*****
*****
*****
Net CFO (Cash from Operations)
*****
*****
*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
*****
*****
*****
*****
Disposal of Subsidiaries
*****
*****
*****
*****
*****
Acquisition of Subsidiaries
*****
*****
*****
*****
*****
Capex
*****
*****
*****
*****
*****
Purchase of Fixed Assets
*****
*****
*****
*****
*****
Sale of Fixed Assets
*****
*****
*****
*****
*****
Other Investing Cash Flows
*****
*****
*****
*****
*****
Net CFI (Cash from Investing)
*****
*****
*****
*****
*****
Cash from Financing Activities (CFF)
Equity Issuance
*****
*****
*****
*****
*****
Debt Raised
*****
*****
*****
*****
*****
Debt Repaid
*****
*****
*****
*****
*****
Dividends Paid
*****
*****
*****
*****
*****
Interest Paid
*****
*****
*****
*****
*****
Net CFF (Cash from Financing)
*****
*****
*****
*****
*****
Net Cash Position
Net Change in Cash (Pre-Forex)
*****
*****
*****
*****
*****
Closing Cash & Equivalents
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Liquidity
Current Ratio
*****
*****
*****
*****
*****
Quick Ratio
*****
*****
*****
*****
*****
Cash Ratio
*****
*****
*****
*****
*****
Efficiency
Inventory Days
*****
*****
*****
*****
*****
Debtor Days
*****
*****
*****
*****
*****
Creditor Days
*****
*****
*****
*****
*****
Cash Conversion Cycle
*****
*****
*****
*****
*****
Asset Turnover
*****
*****
*****
*****
*****
Profitability
Net Profit Margin %
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
ROE %
*****
*****
*****
*****
*****
ROCE %
*****
*****
*****
*****
*****
Net Worth Margin %
*****
*****
*****
*****
*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

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 Techprocess Payment Services Limited

As of FY 2017, Techprocess Payment Services Limited's shareholding pattern shows 100.00% by public shareholders. Public shareholders hold the majority stake, reflecting broad public ownership.

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 Techprocess Payment Services Limited

Techprocess Payment Services Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Techprocess Payment Services Limited

Techprocess Payment Services Limited has a workforce of 404 employees as of Apr 07, 2024.

Employee count
404
Active EPFO establishments
1
Employee growth
-0.74%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Techprocess Payment Services 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 Techprocess Payment Services Limited

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

GSTIN & GST Filing Data of Techprocess Payment Services 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 Techprocess Payment Services 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 Techprocess Payment Services 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 Techprocess Payment Services Limited

MSME Payment Delays by Techprocess Payment Services 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 Techprocess Payment Services Limited

Subsidiaries & Group Companies of Techprocess Payment Services Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Techprocess Payment Services 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 Techprocess Payment Services Limited

MCA Filings & Documents of Techprocess Payment Services 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 Techprocess Payment Services Limited

Activity
30 Jun 2017
Techprocess Payment Services Limited last Annual general meeting of members was held on 30 Jun 2017 as per latest MCA records.
Directors
30 Jun 2017
Anand Ramachandran was appointed as a CFO on 30 Jun 2017 & has been associated with this company since 9 years 8 days.
Directors
20 Jun 2017
Kavita Ashok Somvanshi was appointed as a Company Secretary on 20 Jun 2017 & has been associated with this company since 9 years 18 days.
Activity
31 Mar 2017
Techprocess Payment Services Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Directors
20 Feb 2017
Narayanan Agaram Seetharaman was appointed as a Director on 20 Feb 2017 & has been associated with this company since 9 years 4 months.
Directors
20 Feb 2017
Anand Ramachandran was appointed as a Director on 20 Feb 2017 & has been associated with this company since 9 years 4 months.

Recent News on Techprocess Payment Services Limited

Frequently Asked Questions about Techprocess Payment Services Limited

Techprocess Payment Services Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Techprocess Payment Services Limited is a amalgamated public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 08 September 2000 and is registered under CIN U74999MH2000PLC128611. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Techprocess Payment Services Limited was incorporated on 08 September 2000. Registered with ROC Mumbai.

The current directors of Techprocess Payment Services Limited are:

The CIN (Corporate Identification Number) of Techprocess Payment Services Limited is U74999MH2000PLC128611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Techprocess Payment Services Limited is financial services. The company specifically operates in digital payment solutions.

7M+ Indian companies. One platform.

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

Subscription plans available