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Xpayback Private Limited - information technology in Kanayannur, Kerala, India. Directors, charges & compliance details.
Revenue · FY 2024
₹1.3 Cr
▼ 2% YoY
Net loss · FY 2024
₹1.51 Cr
Net margin -116.2%
EBITDA · FY 2024
-₹1.34 Cr
EBITDA margin -103.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.5 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
5
Provident fund records
Directors on board
5
As per MCA filings
About Xpayback Private Limited
Data last updated:
Xpayback Private Limited is a private limited company based in Kanayannur, Kerala, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 May 2022.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2022PTC075617.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Cushbinshad Ajantha Balakrishnan and Imadeddin Abdelgawad.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Carnival Infopark, Kanayannur, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.3 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.51 Cr (net margin -116.2%) and EBITDA of -₹1.34 Cr (EBITDA margin -103.3%).
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: XPayBack. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2022. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is 6Solve IT Services Private Limited with revenue of ₹1.3 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xpayback.in.
Company details
CIN U72900KL2022PTC075617
Registration Number 075617
Incorporation Date 18 May 2022
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Cushbinshad Ajantha Balakrishnan Director Imadeddin Abdelgawad Director Dara Korn Director Recognitions & Rankings of Xpayback
Contact details
Xpayback Private Limited's registered office is in Kanayannur, Kerala.
- Registered AddressUnit No. GF 1 G Ground Floor, Carnival Infopark Kusumagiri Kakkanad Kochi, Kanayannur, Kerala, India – 682042
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Xpayback 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
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Brands
Xpayback operates one associated brand: XPayBack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Payment and reward solutions are provided for consumers and businesses. | xpayback.com |
Business activity
The main business activity of Xpayback is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Xpayback Private Limited, buy the company report.
Financials of Xpayback Private Limited
FY 2024 filings availableXpayback Private Limited reported revenue of ₹1.3 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹1.3 Cr ▼ 2%
Net loss · FY 2024
₹1.51 Cr margin -116.2%
EBITDA · FY 2024
-₹1.34 Cr margin -103.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
Revenue fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.34 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.51 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -103.3% | |
| Net Profit Margin | -116.2% | |
| 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 Xpayback Private Limited, buy the company report.
Board of directors of Xpayback Private Limited
Xpayback has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cushbinshad Ajantha Balakrishnan Also directs: Brets Private Limited | Director | 18 May 2022 | 4 Years 5 Months | Current |
| Imadeddin Abdelgawad | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
| Dara Korn | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
| Sujesh Pulikkal Also directs: Vantlogix Technologies Private Limited | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
| Joseph Chacko | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Xpayback Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 6Solve IT Services Private Limited | ₹1.3 Cr (FY 2023) | 143.0% | Tirunelveli, Tamil Nadu, India | |||
| Neocred Infotech Private Limited | ₹1.3 Cr (FY 2025) | 1156.0% | Hyderabad, Telangana, India | |||
| Mintr Fintech Private Limited | ₹1.3 Cr (FY 2024) | 1228.0% | Kolkata, West Bengal, India | |||
| Kazma Technology Private Limited | ₹1.3 Cr (FY 2024) | 20.0% | Kolkata, West Bengal, India | |||
| Vedicit India Private Limited | ₹1.3 Cr (FY 2025) | 68.0% | Hyderabad, Telangana, India | |||
| Xpayback Private Limitedthis company | ₹1.3 Cr (FY 2024) | -₹1.51 Cr | -116.2% | -2.0% | Kanayannur, Kerala, India | |
| Smartech Global Solutions Limited | ₹1.3 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Gainserv Infotech Private Limited | ₹1.3 Cr (FY 2025) | 9.0% | Surat, Gujarat, India | |||
| Xtensive Innovations India Private Limited | ₹1.3 Cr (FY 2024) | 160.0% | New Delhi, Delhi, India | |||
| SFW Technologies India Private Limited | ₹1.3 Cr (FY 2025) | 102.0% | Coimbatore, Tamil Nadu, India | |||
| Telestax Software Solutions India Private Limited | ₹1.3 Cr (FY 2020) | 255.0% | Kalyani Nagar, Pune, Maharashtra, India |
To see the full peer comparison of Xpayback Private Limited, buy the company report.
Deals & funding
Xpayback Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2022.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: Xpayback Pte Ltd, Xpayback Pte Ltd and Cushbinshad Ajantha Balakrishnan Seller: 4 individuals |
| Jun 2022 | Rights issue | ₹1.5 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Xpayback 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 Xpayback Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Xpayback Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Xpayback Private Limited has 6 board changes on record since 2022: 5 appointments and 1 cessation. The latest: Anand Vijayananda Kumar Pushpa Bai ceased to be Director on 10 Jul 2023.
AGM
Xpayback Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Xpayback Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Anand Vijayananda Kumar Pushpa Bai ceased to be Director.
Appointed
Dara Korn was appointed as Director.
Appointed
Imadeddin Abdelgawad was appointed as Director.
Appointed
Joseph Chacko was appointed as Director.
Appointed
Sujesh Pulikkal was appointed as Director.
Appointed
Cushbinshad Ajantha Balakrishnan was appointed as Director.
Incorporation
18 May 2022
Xpayback Private Limited was registered on 18 May 2022 with Roc Ernakulam & aged 4 years 5 months as per MCA records.
Frequently asked questions
Xpayback is an active private limited company based in Kanayannur, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 May 2022 (4+ years old) and is registered under CIN U72900KL2022PTC075617.
Xpayback has 5 current directors:
- Cushbinshad Ajantha Balakrishnan - Director
- Imadeddin Abdelgawad - Director
- Dara Korn - Director
- Sujesh Pulikkal - Director
- Joseph Chacko - Director
The latest financial statements of Xpayback on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Xpayback is U72900KL2022PTC075617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xpayback was incorporated on 18 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ernakulam.
Xpayback has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2022.
The peers of Xpayback by revenue are 6Solve IT Services Private Limited, Neocred Infotech Private Limited, Mintr Fintech Private Limited, Kazma Technology Private Limited, Vedicit India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Anand Vijayananda Kumar Pushpa Bai ceased to be Director on 10 Jul 2023. Dara Korn was appointed as Director on 24 Feb 2023. Imadeddin Abdelgawad was appointed as Director on 24 Feb 2023. Xpayback has 6 board changes on record in total.
Yes, Xpayback is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Xpayback can be reached through the website xpayback.in. Its registered office is in Kanayannur, Kerala, India.
The registered office of Xpayback is at Unit No. GF 1 G Ground Floor, Carnival Infopark Kusumagiri Kakkanad Kochi, Kanayannur, Kerala, India – 682042.