Wagepoint India Private Limited

Wagepoint India Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2019PTC323351 Incorporated 29 March 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹13.31 Cr
▲ 7% YoY
Net profit · FY 2025
₹1.33 Cr
Net margin 10%
EBITDA · FY 2025
₹1.9 Cr
EBITDA margin 14.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
30
Provident fund records
Directors on board
3
As per MCA filings

About Wagepoint India Private Limited

Data last updated:

Wagepoint India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Wagepoint Holdings Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 March 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC323351. Its GSTIN is 27AAJCR5130J1Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ravy Surety Private Limited. It is led by directors including Dwarakanath Chennur and Harshit Arya.

Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.31 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Cr (net margin 10%) and EBITDA of ₹1.9 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 31% over five years.

The company has about 30 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Wagepoint.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wagepoint.com.

Company details

CIN U72900MH2019PTC323351
Registration Number 323351
Incorporation Date 29 March 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Wagepoint Holdings Inc.
Compliance Status Active Compliant

Contact details

Wagepoint India Private Limited's registered office is in Mumbai, Maharashtra. Its website is wagepoint.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 05 1st Floor, Harismruti Chsl Opp Hdfc Bank S.V.P. Road, Mumbai, Maharashtra, India – 400092
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Wagepoint India Private Limited, buy the company report.

Comprehensive company report
Wagepoint India Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Wagepoint India operates one associated brand: Wagepoint. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-based payroll solutions are delivered for business operations.wagepoint.com

Business activity

The main business activity of Wagepoint India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Wagepoint India Private Limited, buy the company report.

Financials of Wagepoint India Private Limited

FY 2025 filings available

Wagepoint India Private Limited reported revenue of ₹13.31 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹13.31 Cr ▲ 7%
Net profit · FY 2025
₹1.33 Cr margin 10%
EBITDA · FY 2025
₹1.9 Cr margin 14.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 58%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 58%
5 years · compounded
▲ 49%

Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 7% growth in the latest year. EBITDA rose 8% in the latest year. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.9 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.33 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.3%
Net Profit Margin10%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Wagepoint India Private Limited, buy the company report.

Board of directors of Wagepoint India Private Limited

Wagepoint India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dwarakanath ChennurDirector08 Jul 20251 Years 3 MonthsCurrent
Harshit AryaDirector08 Jul 20251 Years 3 MonthsCurrent
Terrin ThambanDirector18 Jan 20224 Years 9 MonthsCurrent

Auditor

Wagepoint India Private Limited is audited by MEHTA CHOKSI AND SHAH LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MEHTA CHOKSI AND SHAH LLPFY 20230106201W

Shareholding

The shareholding of Wagepoint India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Wagepoint India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Wagepoint India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Wagepoint India Private Limited has a workforce of 30 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1
Employee growth
66.67%

GST

Wagepoint India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAJCR5130J1Z8MaharashtraActive05 Apr 2019

To see the full GST registrations and return filing status of Wagepoint India Private Limited, buy the company report.

Recent activity

Wagepoint India Private Limited has 9 board changes on record since 2021: 3 appointments and 6 cessations. The latest: Dwarakanath Chennur ceased to be Additional Director on 20 Aug 2025.

AGM
Wagepoint India Private Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.
Ceased
Dwarakanath Chennur ceased to be Additional Director.
Ceased
Harshit Arya ceased to be Additional Director.
Appointed
Dwarakanath Chennur was appointed as Director.
Appointed
Harshit Arya was appointed as Director.
Filing
Wagepoint India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Terrin Thamban ceased to be Additional Director.
Ceased
Hemant Harishchandra Sawant ceased to be Director.
Appointed
Terrin Thamban was appointed as Director.
Ceased
Virendra Babulal Jain ceased to be Additional Director.
Ceased
Nilesh Ashok Shelke ceased to be Director.
Incorporation
29 Mar 2019
Wagepoint India Private Limited was registered on 29 Mar 2019 with Roc Mumbai & aged 7 years 6 months as per MCA records.

Frequently asked questions

Wagepoint India is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 March 2019 (7+ years old) and is registered under CIN U72900MH2019PTC323351.

Wagepoint India has 3 current directors:

The latest financial statements of Wagepoint India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Wagepoint India is 27AAJCR5130J1Z8, registered in Maharashtra. 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 Wagepoint India is U72900MH2019PTC323351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Wagepoint India was incorporated on 29 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Dwarakanath Chennur ceased to be Additional Director on 20 Aug 2025. Harshit Arya ceased to be Additional Director on 20 Aug 2025. Dwarakanath Chennur was appointed as Director on 08 Jul 2025. Wagepoint India has 9 board changes on record in total.

Wagepoint India can be reached through the website wagepoint.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Wagepoint India is at Office No. 05 1st Floor, Harismruti Chsl Opp Hdfc Bank S.V.P. Road, Mumbai, Maharashtra, India – 400092.

Wagepoint India operates in the information technology industry, in the application development and software solutions segment.