Verifone India Private Limited - Company Profile

It is a software private limited company based in Bangalore, Karnataka, India, established in 1990.

1990 Bangalore, Karnataka, India Under Liquidation

Last Updated: July 03, 2025

About Verifone India Private Limited

Verifone India Private Limited, a under liquidation private limited company, was established on 09 January 1990 in Bangalore, Karnataka, India. Engaging in software development within the software sector, it holds CIN: U72200KA1990PTC010664. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹41.50 Cr and a paid-up capital of ₹41.22 Cr.

It upholds a compliant status. Its leadership includes Mihir Kumar Jha (Director), Krishnachandra Suresh Potnis (Director). Past directors included Barry Zwarenstein, Robert Roscoe Dykes, Albert Yun Quan Liu. Its latest AGM occurred on 07 August 2023, with the balance sheet filed on 31 March 2023. It is based at 003, Classique Mansion, 6Th Cross, Hal 2Nd Stage, Bangalore India, Karnataka, Karnataka, 560008.

Company Details

CIN/LLPIN
U72200KA1990PTC010664
Registration Number
010664
Incorporation Date
09 January 1990
Authorized Capital
₹41.50 Cr
Paid-Up Capital
₹41.22 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 41.50 Cr as on 03-07-2025
Paid Up Capital ₹ 41.22 Cr as on 03-07-2025
Company Age 36 Year, 1 Month
Last Filing with ROC 31 Mar 2023
Revenue Growth **** 19.80% (FY 2023)
Profit Growth **** -3.45% (FY 2023)
Ebitda **** -19.86% (FY 2023)
Net Worth 0.55% (FY 2023)
Total Assets **** 0.70% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Verifone India 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 Verifone India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mihir Kumar Jha	Director	22 Jun 2023	Current
Krishnachandra Suresh Potnis	Director	23 Oct 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	30 Nov 2010	Past
Pramod Abcsdd	Nominee Director	15 Mar 2013	Past
Pramod Abcsdd	Nominee Director	25 Jan 2017	Past
Pramod Abcsdd	Additional Director	30 Sep 2014	Past
Pramod Abcsdd	Additional Director	24 Dec 2020	Past
Pramod Abcsdd	Director	21 Mar 2022	Past

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Financial Performance of Verifone India.

Verifone India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.8% increase. The company also saw a slight decrease in profitability, with a 3.45% decrease in profit. The company's net worth moved up by a moderate rise of 0.55%.

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

********

19.80%

*******

Revenue from Operations

*******

Total Assets

*******

0.70%

*******

Profit or Loss

*******

-3.45%

*******

Net Worth

*******

0.55%

*******

EBITDA

*******

-19.86%

*******

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What is the Ownership and Shareholding Structure of Verifone India?

In 2023, Verifone India 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 Verifone India?

Unlock and access historical data on people associated with Verifone India, 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 Verifone India, 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 Verifone India's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Verifone India

Recent Activity within the Organization

Annual General Meeting

Verifone India Private Limited last Annual general meeting of members was held on 07 Aug 2023 as per latest MCA records. was recorded as a recent event.
07 Aug 2023
Director Appointment

Mihir Kumar Jha was appointed as a Director was appointed as a Director on 22 Jun 2023 & has been associated with this company since 2 years 8 months . was recorded as a recent event.
22 Jun 2023
Balance Sheet

The activity Verifone India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was completed.
31 Mar 2023
Director Appointment

Krishnachandra Suresh Potnis was appointed as a Director was appointed as a Director on 23 Oct 2018 & has been associated with this company since 7 years 4 months . was recorded as a recent event.
23 Oct 2018
Company Incorporation

Progress on Verifone India Private Limited was registered on 09 Jan 1990 with Roc Bangalore & aged 36 years 1 month as per MCA records. was documented.
09 Jan 1990

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