About Vodafone Idea Next-Gen Solutions Limited
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Vodafone Idea Next-Gen Solutions Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Vodafone Idea Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 13 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64990MH2014PLC258108. Its GSTIN is 02AAECV8934F2ZB (Himachal Pradesh). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹350 Cr and a paid-up capital of ₹237.1 Cr. It is led by directors including Murthy Gundu Venkat Anand Srinivas and Venkatesh Vishwanathan.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10th Floor Birla Centurion Century Mills Compound Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹54.6 Cr (net margin 96.8%) and EBITDA of ₹54.6 Cr (EBITDA margin 96.8%). Revenue has grown at a compounded annual rate (CAGR) of 264% over three years and 34% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mpesa.in. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending. The company has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹290 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpesa.in.
Company details
CIN history
Vodafone Idea Next-Gen Solutions has one previous CIN (Corporate Identification Number): U67100MH2014PLC258108. The current CIN is U64990MH2014PLC258108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990MH2014PLC258108 | Current |
| U67100MH2014PLC258108 | Previous |
Contact details
Vodafone Idea Next-Gen Solutions Limited's registered office is in Mumbai, Maharashtra.
- Registered Address10th Floor Birla Centurion Century Mills Compound Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400030
- IndustryFinancial Services, Digital Payment Solutions
- 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
Business activity
The main business activity of Vodafone Idea Next-Gen Solutions is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vodafone Idea Next-Gen Solutions Limited, buy the company report.
Financials of Vodafone Idea Next-Gen Solutions Limited
FY 2025 filings availableVodafone Idea Next-Gen Solutions Limited reported revenue of ₹56.39 Cr (up 3698% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹54.6 Cr | ||||
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| Net Profit (PAT) | ₹54.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 96.8% | ||||
| Net Profit Margin | 96.8% | ||||
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To see the full financial statements and ratios of Vodafone Idea Next-Gen Solutions Limited, buy the company report.
Board of directors of Vodafone Idea Next-Gen Solutions Limited
Vodafone Idea Next-Gen Solutions has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murthy Gundu Venkat Anand Srinivas | Director | 30 Oct 2021 | 4 Years 11 Months | Current |
| Venkatesh Vishwanathan Also directs: Vodafone Idea Telecom Infrastructure Limited, Vodafone Idea Shared Services Limited, Vodafone Foundation and 2 more | Director | 27 Jan 2021 | 5 Years 8 Months | Current |
| Tripti Pande Desai | Director | 20 Mar 2015 | 11 Years 7 Months | Current |
Deals & funding
Vodafone Idea Next-Gen Solutions Limited has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹290 Cr; the latest was in March 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Vodafone Idea Limited Seller: Vodafone India Limited (VIL) |
| Jul 2017 | Rights issue | ₹50 Cr | Investors: Vodafone India Limited (VIL) |
| Mar 2017 | Rights issue | ₹50 Cr | Investors: Vodafone India Limited (VIL) |
| Sep 2016 | Rights issue | ₹50 Cr | Investors: Vodafone India Limited (VIL) |
| Mar 2015 | Funding round | ₹250 Cr | Investors: Vodafone India Limited (VIL) |
To see the full deal history of Vodafone Idea Next-Gen Solutions Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vodafone Idea Next-Gen Solutions Limited has 4 court cases on record: 2 filed by Vodafone Idea Next-Gen Solutions, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-8 | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against Deputy Commissioner of Income-Tax-8(3)(4) and Anr | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Prinipal Commissioner of Income -Tax -8, and 2 Ors | Disposed |
To see the full case history of Vodafone Idea Next-Gen Solutions Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vodafone Idea Next-Gen Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vodafone Idea Next-Gen Solutions has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAECV8934F2ZB | Himachal Pradesh | Active | 01 Jul 2017 |
| 13AAECV8934F1Z9 | Nagaland | Active | 01 Jul 2017 |
| 16AAECV8934F2Z2 | Tripura | Active | 01 Jul 2017 |
| 20AAECV8934F1ZE | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vodafone Idea Next-Gen Solutions Limited, buy the company report.
Recent activity
Vodafone Idea Next-Gen Solutions Limited has 16 board changes on record since 2015: 3 appointments and 13 cessations. The latest: Murthy Gundu Venkat Anand Srinivas ceased to be Additional Director on 26 Aug 2022.
7 earlier events are in the company report.
News
Frequently asked questions
Vodafone Idea Next-Gen Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 13 September 2014 (12+ years old) and is registered under CIN U64990MH2014PLC258108.
Vodafone Idea Next-Gen Solutions has 3 current directors:
- Murthy Gundu Venkat Anand Srinivas - Director
- Venkatesh Vishwanathan - Director
- Tripti Pande Desai - Director
The latest financial statements of Vodafone Idea Next-Gen Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vodafone Idea Next-Gen Solutions is 02AAECV8934F2ZB, registered in Himachal Pradesh. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 13AAECV8934F1Z9 (Nagaland), 16AAECV8934F2Z2 (Tripura), 20AAECV8934F1ZE (Jharkhand).
The CIN (Corporate Identification Number) of Vodafone Idea Next-Gen Solutions is U64990MH2014PLC258108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vodafone Idea Next-Gen Solutions has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Vodafone Idea Next-Gen Solutions was incorporated on 13 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Vodafone Idea Next-Gen Solutions has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹290 Cr; the latest was in March 2019.
Murthy Gundu Venkat Anand Srinivas ceased to be Additional Director on 26 Aug 2022. Ambrish Pandey Jain ceased to be Director on 31 Oct 2021. Murthy Gundu Venkat Anand Srinivas was appointed as Director on 30 Oct 2021. Vodafone Idea Next-Gen Solutions has 16 board changes on record in total.
Vodafone Idea Next-Gen Solutions can be reached through the website mpesa.in. Its registered office is in Mumbai, Maharashtra, India.