About Viola Services (India) Private Limited
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Viola Services (India) Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Viola Group Holdings. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 15 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2016PTC110281. Its GSTIN is 36AAFCV5303H1ZF (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Tanveer Shahid (Managing Director) and Asra Fathima.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at H:No 23 – 25 Ground Floor Jyothi Nagar Road No.1 Ramachandrapuram Medak Dirtrict, Hyderabad, Telangana, India – 502032.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.17 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.58 Cr and EBITDA of -₹5.61 Cr.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Viola Money.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website violamoney.com.
Company details
Contact details
Viola Services (India) Private Limited's registered office is in Hyderabad, Telangana. Its website is violamoney.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH:No 23 – 25 Ground Floor Jyothi Nagar Road No.1 Ramachandrapuram Medak Dirtrict, Hyderabad, Telangana, India – 502032
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Viola Services (India) Private Limited, buy the company report.
- 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
Brands
Viola Services (India) operates one associated brand: Viola Money. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers virtual prepaid cards and wallet solutions for secure digital transactions. | violamoney.com |
Financials of Viola Services (India) Private Limited
FY 2018 filings availableViola Services (India) Private Limited reported revenue of ₹5.17 Lakh (up 21411% YoY) for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹5.17 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5.61 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹6.58 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
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| Efficiency and Growth | ||
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To see the full financial statements and ratios of Viola Services (India) Private Limited, buy the company report.
Board of directors of Viola Services (India) Private Limited
Viola Services (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asra Fathima | Director | 25 Feb 2020 | 6 Years 7 Months | Current |
| Tanveer Shahid | Managing Director | 15 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Viola Services (India) Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devdut Digital Payments and E Services Private Limited | ₹5.99 Lakh (FY 2020) | Pune, Maharashtra, India | ||||
| Payzorr India Technologies Private Limited | ₹5.76 Lakh (FY 2025) | -65.0% | Lucknow, Uttar Pradesh, India | |||
| Xpay Life Private Limited | ₹5.61 Lakh (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Samatha Digital Solutions Private Limited | ₹5.47 Lakh (FY 2024) | 41.0% | Mysore, Karnataka, India | |||
| Myoxigen Online Recharge India Private Limited | ₹5.33 Lakh (FY 2018) | -31.0% | New Delhi, Delhi, India | |||
| Viola Services (India) Private Limitedthis company | ₹5.17 Lakh (FY 2018) | -₹6.58 Cr | 21411.0% | 48 | Hyderabad, Telangana, India | |
| Eeshamulti Digital Services Private Limited | ₹5.13 Lakh (FY 2025) | Kandukur, Andhra Pradesh, India | ||||
| Maape Digital Services Private Limited | ₹5.08 Lakh (FY 2024) | Karimnagar, Telangana, India | ||||
| Blossom Auxiliary Services Private Limited CN | ₹4.84 Lakh (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Seamless Fintech Innovations Private Limited | ₹4.76 Lakh (FY 2024) | Haryana, India | ||||
| Fininsights Technology Private Limited | ₹4.45 Lakh (FY 2025) | 78.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Viola Services (India) Private Limited, buy the company report.
Auditor
Viola Services (India) Private Limited is audited by SRINIVAS & JITHENDER for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRINIVAS & JITHENDER | FY 2018 | 016653S |
Shareholding
The shareholding of Viola Services (India) Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Viola Services (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Viola Services (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Viola Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Viola Services (India) Private Limited has a workforce of 48 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Viola Services (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCV5303H1ZF | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Viola Services (India) Private Limited, buy the company report.
Recent activity
Viola Services (India) Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Asra Fathima was appointed as Director on 25 Feb 2020.
Frequently asked questions
Viola Services (India) is an active private limited company based in Hyderabad, Telangana, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 15 June 2016 (10+ years old) and is registered under CIN U74999TG2016PTC110281.
Viola Services (India) has 2 current directors:
- Tanveer Shahid - Managing Director
- Asra Fathima - Director
The latest financial statements of Viola Services (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Viola Services (India) is 36AAFCV5303H1ZF, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Viola Services (India) is U74999TG2016PTC110281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viola Services (India) was incorporated on 15 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Viola Services (India) by revenue are Devdut Digital Payments and E Services Private Limited, Payzorr India Technologies Private Limited, Xpay Life Private Limited, Samatha Digital Solutions Private Limited, Myoxigen Online Recharge India Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Asra Fathima was appointed as Director on 25 Feb 2020. Christopher John Hamilton ceased to be Additional Director on 08 Aug 2017. Sohail Javed ceased to be Director on 02 Sep 2016. Viola Services (India) has 5 board changes on record in total.
Viola Services (India) can be reached through the website violamoney.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Viola Services (India) is at H:No 23 – 25 Ground Floor Jyothi Nagar Road No.1 Ramachandrapuram Medak Dirtrict, Hyderabad, Telangana, India – 502032.
Viola Services (India) operates in the financial services industry, in the digital payment solutions segment.