India Transact Services Profile
Key Indicators
- Authorised Capital ₹ 145.00 Cr
- Paid Up Capital ₹ 145.00 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 167.00 Cr
- Satisfied Charges ₹ 165.40 Cr
- Revenue Growth -2.58%
- Profit Growth -7.50%
- Ebitda -27.40%
- Net Worth 35.56%
- Total Assets -17.00%
About India Transact Services
India Transact Services Limited (ITSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 July 2007 and has a history of 17 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as India Transact Services Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 145.00 Cr and a paid-up capital of Rs 145.00 Cr.
The company currently has active open charges totaling ₹167.00 Cr. The company has closed loans amounting to ₹165.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at India Transact Services Limited India are Gargi Sawant as COMPANY SECRETARY and Pulak Khemka as Cfo. Preeti Malhotra, Sudip Bandyopadhyay, Vinayak Goyal, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U72900MH2007PLC172249
- Company No.
172249
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does India Transact Services Limited offer?
India Transact Services Limited offers a wide range of products and services, including Biometrics & Access Control Devices, Billing Machines, Greeting & Invitation Cards, Gift Cards, Computer and Mobile Softwares & Apps, Bank Management Software, Barcode, Stickers & Luggage Tags, Barcode, Accounting & Billing Software, POS Machine.
India Transact Services Limited
Explore comprehensive data for India Transact Services Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at India Transact Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gargi Sawant  | Company Secretary | 12-Feb-2018 | Current |
| Pulak Khemka | CFO | 05-Jun-2019 | Current |
| Vinayak Goyal | Managing Director | 09-Jun-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudip Bandyopadhyay | Director | 29-Mar-2023 | Current |
| Ravi Goyal | Director | 11-Jul-2007 | Current |
| Preeti Malhotra | Director | 28-Jun-2023 | Current |
Financial Performance of India Transact Services.
India Transact Services Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.58% decrease. The company also saw a slight decrease in profitability, with a 7.5% decrease in profit. The company's net worth Soared by an impressive increase of 35.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of India Transact Services?
In 2023, India Transact Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Ravi Goyal is a mutual person
Charges (Loans)
Open Charges
₹167.00 Cr
Satisfied Charges
₹165.40 Cr
Charges Breakdown by Lending Institutions
- Others : 167.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2022 | Others | ₹150.00 Cr | Open |
| 13 Sep 2021 | Others | ₹17.00 Cr | Open |
| 25 Nov 2022 | Others | ₹165.40 Cr | Satisfied |
How Many Employees Work at India Transact Services?
India Transact Services has a workforce of 57 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of India Transact Services, 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 Transact Services'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.
Latest Updates, News, and FAQs on India Transact Services
Recent activity within the organization
- Annual General Meeting
India Transact Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
India Transact Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 25 Nov 2022 via Charge ID 100654514 with Others was fully satisfied on 21 Sep 2023.
- Charges
A charge with Others of Rs. 17.00 Cr registered on 13 Sep 2021 with Charge ID 100491109 was modified on 14 Sep 2023.
- Charges
A charge with Others of Rs. 150.00 Cr registered on 04 Jul 2022 with Charge ID 100591411 was modified on 30 Jun 2023.
- Director Appointment
Preeti Malhotra was appointed as a Director was appointed as a Director on 28 Jun 2023 & has been associated with this company since 1 year 10 months .
Recent News, Updates & Announcement
- ITSL partners with Flexiloans, others to fulfil MSMEs short-term capital needs.
ITSL has partnered with leading digital lending firms including Flexiloans, Capital Float & Arthimpact to facilitate MSMEs access to unsecured working capital loans..
Frequently asked questions
What is the Incorporation or founding date of India Transact Services Limited?
India Transact Services Limited was incorporated on 11 Jul 2007.
What is authorized share capital and paid-up capital of India Transact Services Limited?
The authorized share capital of India Transact Services Limited is ₹ 145.00 Cr and paid-up capital is ₹ 145.00 Cr.
Who are the current board members & directors of India Transact Services Limited?
Currently 6 directors are associated with India Transact Services Limited.
- Preeti Malhotra
- Sudip Bandyopadhyay
- Gargi Suresh Sawant
- Pulak Khemka
- Vinayak Ravi Goyal
- Ravi Badrinarain Goyal
What is the registered address of India Transact Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of India Transact Services Limited is 601-602 Trade World B-Wing Kamala City Senapati Bapat Marg, Lower Parel (West). India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of India Transact Services Limited?
The corporate identification number (CIN) of India Transact Services Limited is U72900MH2007PLC172249 and the company number is 172249 as per Ministry of Corporate Affairs (MCA).
What is the official website of India Transact Services Limited?
The Official website of India Transact Services Limited is https://www.ongo.co.in
What has been the recent revenue trend for India Transact Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for India Transact Services Limited has fallen by -2.58%.
How many employees does India Transact Services Limited currently have?
As Per 2023 financial reports, 57 employees are currently employed by India Transact Services Limited.
What change has been observed in the net worth of India Transact Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of India Transact Services Limited has experienced an upsurge of 35.56%.
What are the total open charges for India Transact Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for India Transact Services Limited amount to ₹ 167.00 Cr.
When was the last Balance Sheet of India Transact Services Limited filed with the ROC?
The most recent Balance Sheet for India Transact Services Limited was filed with the ROC on 31 Mar 2024.
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