
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
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
- Website
- Social Media
- Registered AddressOffice No. 05 1st Floor, Harismruti Chsl Opp Hdfc Bank S.V.P. Road, Mumbai, Maharashtra, India – 400092
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Wagepoint 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
Wagepoint India operates one associated brand: Wagepoint. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer 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 availableWagepoint India Private Limited reported revenue of ₹13.31 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 10% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dwarakanath Chennur | Director | 08 Jul 2025 | 1 Years 3 Months | Current |
| Harshit Arya Also directs: Openbyte Infrastructure Private Limited, Damiani Luxury India Private Limited, Rocca R India Private Limited and 3 more | Director | 08 Jul 2025 | 1 Years 3 Months | Current |
| Terrin Thamban | Director | 18 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Wagepoint India Private Limited is audited by MEHTA CHOKSI AND SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA CHOKSI AND SHAH LLP | FY 2023 | 0106201W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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.
Legal cases
No court or tribunal cases involving Wagepoint 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 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.
GST
Wagepoint India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCR5130J1Z8 | Maharashtra | Active | 05 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.
News
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:
- Dwarakanath Chennur - Director
- Harshit Arya - Director
- Terrin Thamban - Director
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.