Verifone India Sales Private Limited - Company Profile

Q: Where is Verifone India Sales Private Limited headquartered?

Verifone India Sales Private Limited is headquartered at 2538, West Patel Nagar,, New Delhi, Delhi, 110008.

It is a information technology foreign private limited company based in New Delhi, Delhi, India, established in 2005.

2005 New Delhi, Delhi, India Active

Last Updated: December 17, 2025

About Verifone India Sales Private Limited

Verifone India Sales Private Limited, a active foreign private limited company, was established on 18 August 2005 in New Delhi, Delhi, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U32109DL2005FTC139736. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.44 Cr.

Formerly known as Lipman Electronic Private Limited, Lipman Electronic India Private Limited. It upholds a compliant status. Employing 21 professional, Its leadership includes Marimuthu Babyselvam Karthikeyan (Director), Ramanadha Sriram Natarajan Rishinadhamangalam (Director), Daivik Param (Director). Past directors included Barry Zwarenstein, Robert Roscoe Dykes, Vineet Vinay Deopujari. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 25/38, West Patel Nagar,, New Delhi, Delhi, 110008.

Company Details

CIN/LLPIN
U32109DL2005FTC139736
Registration Number
139736
Incorporation Date
18 August 2005
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹1.44 Cr
ROC Code
Roc Delhi
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 17-12-2025
Paid Up Capital ₹ 1.44 Cr as on 17-12-2025
Company Age 20 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 6.74% (FY 2022)
Profit Growth **** 315.10% (FY 2022)
Ebitda **** 84.13% (FY 2022)
Net Worth 3.64% (FY 2022)
Total Assets -3.19% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Verifone India Sales 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 Sales Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Marimuthu Babyselvam Karthikeyan	Director	18 Apr 2024	Current
Ramanadha Sriram Natarajan Rishinadhamangalam	Director	10 May 2024	Current
Daivik Param	Director	02 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	20 Aug 2008	Past
Pramod Abcsdd	Director	11 Mar 2013	Past
Pramod Abcsdd	Director	18 Apr 2024	Past
Pramod Abcsdd	Director	31 Jan 2018	Past
Pramod Abcsdd	Director	07 Sep 2010	Past
Pramod Abcsdd	Director	04 Sep 2014	Past

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Financial Performance of Verifone India Sales.

Verifone India Sales Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.74% increase. The company also saw a substantial improvement in profitability, with a 315.1% increase in profit. The company's net worth moved up by a moderate rise of 3.64%.

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

********

6.74%

*******

Revenue from Operations

*******

5.91%

*******

Total Assets

*******

-3.19%

*******

Profit or Loss

*******

315.10%

*******

Net Worth

*******

3.64%

*******

EBITDA

*******

84.13%

*******

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What is the Ownership and Shareholding Structure of Verifone India Sales?

In 2023, Verifone India Sales 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 Sales?

Verifone India Sales has a workforce of 21 employees as of Apr 03, 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 Verifone India Sales, 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 Sales's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Verifone India Sales

Recent Activity within the Organization

Annual General Meeting

The activity Verifone India Sales Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Director Appointment

Daivik Param was appointed as a Director was appointed as a Director on 02 Jul 2025 & has been associated with this company since 8 months . was recorded as a recent event.
02 Jul 2025
Balance Sheet

Verifone India Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was recorded as a recent event.
31 Mar 2025
Director Appointment

Ramanadha Sriram Natarajan Rishinadhamangalam was appointed as a Director was appointed as a Director on 10 May 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.
10 May 2024
Director Appointment

Marimuthu Babyselvam Karthikeyan was appointed as a Director was appointed as a Director on 18 Apr 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.
18 Apr 2024
Company Incorporation

Verifone India Sales Private Limited was registered on 18 Aug 2005 with Roc Delhi & aged 20 years 6 months as per MCA records. was recorded as a recent event.
18 Aug 2005

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