Western Union Payment Services (India) Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2012.

2012 Mumbai, Maharashtra, India Under Liquidation

Last Updated: July 09, 2025

About Western Union Payment Services (India) Private Limited

Western Union Payment Services (India) Private Limited, a under liquidation private limited company, was established on 28 March 2012 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the information and communication sector, it holds CIN: U65900MH2012PTC228826. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.00 Cr.

It upholds a compliant status. Its leadership includes Dhanshyam Kantilal Patel (Irp/Rp/Liquidator), Gaurav Yadava (Director), Ashutosh Shinde (Director). Past directors included Manju Nair Rai, Kiran Shetty, Ankita Ravindra Gandhi. Its latest AGM occurred on 24 August 2023, with the balance sheet filed on 31 March 2023. It is based at Fortune 2000 Building, Ground Floor, Unit G -101, Bandra Kurla Complex, Bandr A (East), India, Mumbai, Maharashtra, 400051.

Company Details

CIN/LLPIN
U65900MH2012PTC228826
Registration Number
228826
Incorporation Date
28 March 2012
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹6.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 09-07-2025
Paid Up Capital ₹ 6.00 Cr as on 09-07-2025
Company Age 13 Year, 11 Months
Last Filing with ROC 31 Mar 2023
Revenue Growth **** % (FY 2022)
Profit Growth **** 8.06% (FY 2022)
Ebitda **** 8.06% (FY 2022)
Net Worth -2.56% (FY 2022)
Total Assets -2.23% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Western Union Payment Services (India) 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 Western Union Payment Services (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Dhanshyam Kantilal Patel	Irp/Rp/Liquidator	11 Dec 2023	Current
Gaurav Yadava	Director	29 Jun 2016	Current
Ashutosh Shinde	Director	14 Nov 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	15 Nov 2022	Past
Pramod Abcsdd	Director	09 May 2016	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	19 Sep 2016	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	23 Aug 2023	Past

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Financial Performance of Western Union Payment Services (India).

Western Union Payment Services (India) Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 8.06% increase in profit. The company's net worth dipped by a decrease of 2.56%.

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

********

*******

Revenue from Operations

*******

Total Assets

*******

-2.23%

*******

Profit or Loss

*******

8.06%

*******

Net Worth

*******

-2.56%

*******

EBITDA

*******

8.06%

*******

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What is the Ownership and Shareholding Structure of Western Union Payment Services (India)?

In 2023, Western Union Payment Services (India) 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 Western Union Payment Services (India)?

Unlock and access historical data on people associated with Western Union Payment Services (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Western Union Payment Services (India), 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 Western Union Payment Services (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Western Union Payment Services (India)

Recent Activity within the Organization

Director Appointment

Progress on Dhanshyam Kantilal Patel was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 11 Dec 2023 & has been associated with this company since 2 years 3 months . was documented.
11 Dec 2023
Annual General Meeting

The activity Western Union Payment Services (India) Private Limited last Annual general meeting of members was held on 24 Aug 2023 as per latest MCA records. was completed.
24 Aug 2023
Balance Sheet

Western Union Payment Services (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was recorded as a recent event.
31 Mar 2023
Director Appointment

Progress on Ashutosh Shinde was appointed as a Director was appointed as a Director on 14 Nov 2022 & has been associated with this company since 3 years 4 months . was documented.
14 Nov 2022
Director Appointment

The activity Gaurav Yadava was appointed as a Director was appointed as a Director on 29 Jun 2016 & has been associated with this company since 9 years 8 months . was completed.
29 Jun 2016
Company Incorporation

Progress on Western Union Payment Services (India) Private Limited was registered on 28 Mar 2012 with Roc Mumbai & aged 13 years 11 months as per MCA records. was documented.
28 Mar 2012

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