India Post Payments Bank Limited

Provides mobile, SMS, missed call, and phone banking services as a payments bank.

2016 | New Delhi (India) | Active
Last Updated: December 02, 2024

India Post Payments Bank Profile

Key Indicators

  • Authorised Capital ₹ 2,355.00 Cr
  • Paid Up Capital ₹ 2,355.00 Cr
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 116.39%
  • Profit Growth 50.20%
  • Ebitda 1.20%
  • Net Worth 6.40%
  • Total Assets 47.01%

About India Post Payments Bank

India Post Payments Bank Limited (IPPBL) is a Public Limited Union Government Company incorporated in India on 17 August 2016 (Eight years and five months 15 days old ). Its registered office is in New Delhi, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2,355.00 Cr and a paid-up capital of Rs 2,355.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at India Post Payments Bank Limited India are Edamula Anoop as Cfo, Priyanka Bhatnagar as Company Secretary, and Radhakrishnan Viswesvaran as Ceo. Jatin Mohanty, Veenay Ganoo, Navneet Kakkar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2016GOI304561

  • Company No.

    304561

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    17 Aug 2016

  • Date of AGM

    01 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at India Post Payments Bank?

Executive Team (3)

NameDesignationAppointment DateStatus
Radhakrishnan Viswesvaran Country flag representing In Managing Director19-Apr-2024Current
Edamula Anoop CFO01-Apr-2022Current
Priyanka Bhatnagar Company Secretary16-Jan-2017Current

Board Members (9)

NameDesignationAppointment DateStatus
Jatin Mohanty Country flag representing In Director 11-Sep-2022Current
Veenay Ganoo Country flag representing In Director 11-Sep-2022Current
Navneet Kakkar Country flag representing In Director 11-Sep-2022Current
Kaliannan Athappan Country flag representing In Director 11-Sep-2022Current
Vandita Kaul Country flag representing In Additional Director 08-Jun-2024Current
Sanjay Prasad Country flag representing In Nominee Director 05-Dec-2018Current

Financial Performance of India Post Payments Bank.

India Post Payments Bank Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 116.39% increase. The company also saw a substantial improvement in profitability, with a 50.2% increase in profit. The company's net worth moved up by a moderate rise of 6.4%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
116.39%
Revenue from Operations
59.69%
Total Assets
47.01%
Profit or Loss
50.20%
Net Worth
6.40%
EBITDA
1.20%

What is the Ownership and Shareholding Structure of India Post Payments Bank?

In 2022, India Post Payments Bank 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 Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at India Post Payments Bank?

India Post Payments Bank has a workforce of 990 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of India Post Payments Bank, 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 India Post Payments Bank's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on India Post Payments Bank

Recent activity within the organization

  • Director Appointment

    Vandita Kaul was appointed as a Additional Director was appointed as a Additional Director on 08 Jun 2024 & has been associated with this company since 7 months 24 days .

    08 Jun 2024

  • Director Appointment

    Radhakrishnan Viswesvaran was appointed as a Managing Director was appointed as a Managing Director on 19 Apr 2024 & has been associated with this company since 9 months 13 days .

    19 Apr 2024

  • Director Appointment

    Radhakrishnan Viswesvaran was appointed as a Ceo was appointed as a Ceo on 19 Apr 2024 & has been associated with this company since 9 months 13 days .

    19 Apr 2024

  • Annual General Meeting

    India Post Payments Bank Limited last Annual general meeting of members was held on 01 Dec 2023 as per latest MCA records.

    01 Dec 2023

  • Balance Sheet

    India Post Payments Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Navneet Kakkar was appointed as a Director was appointed as a Director on 11 Sep 2022 & has been associated with this company since 2 years 4 months .

    11 Sep 2022

Frequently asked questions

  • India Post Payments Bank Limited was incorporated on 17 Aug 2016.

  • The authorized share capital of India Post Payments Bank Limited is ₹ 2,355.00 Cr and paid-up capital is ₹ 2,355.00 Cr.

  • Currently 13 directors are associated with India Post Payments Bank Limited.

    • Jatin Kumar Mohanty
    • Veenay Ganoo
    • Navneet Kakkar
    • Kaliannan Athappan
    • Vandita Kaul
    • Sanjay Prasad
    • Pawan Kumar Singh
    • Jayshree Vrajlal Doshi
    • Shrikant Namdeo
    • Radhakrishnan Viswesvaran
    • Edamula Sreedharan Anoop
    • Priyanka Bhatnagar
    • Radhakrishnan Viswesvaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of India Post Payments Bank Limited is Post Office, Speed Centre Building Market Road India, New Delhi, 110001.

  • The corporate identification number (CIN) of India Post Payments Bank Limited is U74999DL2016GOI304561 and the company number is 304561 as per Ministry of Corporate Affairs (MCA).

  • The Official website of India Post Payments Bank Limited is https://www.ippbonline.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for India Post Payments Bank Limited has risen by 116.39%.

  • As Per 2022 financial reports, 990 employees are currently employed by India Post Payments Bank Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of India Post Payments Bank Limited has experienced an upsurge of 6.40%.

  • The most recent Balance Sheet for India Post Payments Bank Limited was filed with the ROC on 31 Mar 2023.

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