India Transact Services Limited

Provides payment solutions and services such as merchant acquiring and switching for various clients.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: July 06, 2024

India Transact Services Profile

Key Indicators

  • Authorised Capital ₹ 145.00 Cr
  • Paid Up Capital ₹ 145.00 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 seven 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 2023. 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 Pulak Khemka as CFO and Gargi Sawant as Company Secretary. Sudip Bandyopadhyay, Jhuma Guha, Preeti Malhotra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ongo.co.in

  • 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

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

Who are the key members and board of directors at India Transact Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Ravi Goyal Country flag representing In Managing Director11-Jul-2007Current
Pulak Khemka Country flag representing In CFO05-Jun-2019Current
Gargi Sawant Country flag representing In Company Secretary12-Feb-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Sudip Bandyopadhyay Country flag representing In Director 12-Mar-2015Current
Preeti Malhotra Country flag representing In Director 28-Jun-2023Current
Jhuma Guha Country flag representing In Director 29-Mar-2023Current
Vinayak Goyal Country flag representing In Director 09-Jun-2021Current

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%.

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
-2.58%
Revenue from Operations
-4.86%
Total Assets
-17.00%
Profit or Loss
-7.50%
Net Worth
35.56%
EBITDA
-27.40%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹167.00 Cr

Satisfied Charges

₹165.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 167.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2022Others₹150.00 CrOpen
13 Sep 2021Others₹17.00 CrOpen
25 Nov 2022Others₹165.40 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Transact Services

Recent activity within the organization

  • Annual General Meeting

    India Transact Services Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Charges

    A charge registered on 25 Nov 2022 via Charge ID 100654514 with Others was fully satisfied on 21 Sep 2023.

    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.

    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.

    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 7 months .

    28 Jun 2023

  • Balance Sheet

    India Transact Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • India Transact Services Limited was incorporated on 11 Jul 2007.

  • The authorized share capital of India Transact Services Limited is ₹ 145.00 Cr and paid-up capital is ₹ 145.00 Cr.

  • Currently 7 directors are associated with India Transact Services Limited.

    • Sudip Bandyopadhyay
    • Jhuma Guha
    • Preeti Malhotra
    • Ravi Badrinarain Goyal
    • Vinayak Ravi Goyal
    • Pulak Khemka
    • Gargi Suresh Sawant
  • 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)., Mumbai, Maharashtra, India, 400013.

  • 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).

  • The Official website of India Transact Services Limited is https://www.ongo.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for India Transact Services Limited has fallen by -2.58%.

  • As Per 2023 financial reports, 57 employees are currently employed by India Transact Services Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for India Transact Services Limited amount to ₹ 167.00 Cr.

  • The most recent Balance Sheet for India Transact Services Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Digital Payment Solutions