Instantpay India Profile
Key Indicators
- Authorised Capital ₹ 0.80 M
- Paid Up Capital ₹ 0.55 M
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -22.70%
- Profit Growth -270.12%
- Ebitda -189.03%
- Net Worth -107.60%
- Total Assets 199.71%
About Instantpay India
Instantpay India Limited (IIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 August 2010 and has a history of 14 years and nine months. Its registered office is in Delhi, India.
The Corporate was formerly known as Smsdaak India 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 0.80 M and a paid-up capital of Rs 0.55 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Instantpay India Limited India is Neha Lakhani as COMPANY SECRETARY. Anil Mahajan, Shailendra Agarwal, Dhruv Suri, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U64200DL2010PLC206587
- Company No.
206587
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Aug 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Instantpay India Limited
Explore comprehensive data for Instantpay India Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Instantpay India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shailendra Agarwal  | Managing Director | 03-Aug-2010 | Current |
| Neha Lakhani | Company Secretary | 25-Jul-2017 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vimal Agarwal | Director | 04-Sep-2023 | Current |
| Dhruv Suri | Director | 04-Sep-2023 | Current |
| Anil Mahajan | Director | 04-Sep-2023 | Current |
| Amol Sonbarse | Whole-Time Director | 22-Nov-2021 | Current |
| Ajay Upadhyay | Whole-Time Director | 22-Nov-2021 | Current |
Financial Performance of Instantpay India.
Instantpay India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.7% decrease. The company also saw a substantial fall in profitability, with a 270.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 107.6%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Instantpay India?
In 2022, Instantpay India had a promoter holding of 73.04% and a public holding of 26.96%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
C.E. Info Systems LimitedAnil Mahajan is a mutual person
Kriti Advisory Services Private LimitedAnil Mahajan is a mutual person
Kare India Insurance Brokers Private LimitedAnil Mahajan is a mutual person
Gtropy Systems Private LimitedAnil Mahajan is a mutual person
- Instantpay Forex Services Private Limited
Shailendra Agarwal, Ajay Upadhyay and 1 more are mutual person
Kriti Mercantile Private LimitedAnil Mahajan is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Instantpay India?
Instantpay India has a workforce of 147 employees as of Apr 08, 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 Instantpay 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 Instantpay 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.
Latest Updates, News, and FAQs on Instantpay India
Recent activity within the organization
- Annual General Meeting
Instantpay India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Instantpay India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Anil Mahajan was appointed as a Director was appointed as a Director on 04 Sep 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Dhruv Suri was appointed as a Director was appointed as a Director on 04 Sep 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Vimal Kumar Agarwal was appointed as a Director was appointed as a Director on 04 Sep 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Ajay Upadhyay was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Nov 2021 & has been associated with this company since 3 years 5 months .
Recent News, Updates & Announcement
Egypt: aiBANK joins InstaPay as part of its digital transformation strategy.“Offering instant payment services is a strategic move that is part and parcel of our vision to enhance our digital footprint and customer experience,” said Iman Badr, Senior Director, Consumer & Business Banking at aiBANK.
- EFG Holding’s aiBANK launches instant payments via InstaPay.
aiBANK said access to InstaPay App will offer customers a new level of convenience and flexibility in managing their finances..
Frequently asked questions
What is the Incorporation or founding date of Instantpay India Limited?
Instantpay India Limited was incorporated on 03 Aug 2010.
What is authorized share capital and paid-up capital of Instantpay India Limited?
The authorized share capital of Instantpay India Limited is ₹ 0.80 M and paid-up capital is ₹ 0.55 M.
Who are the current board members & directors of Instantpay India Limited?
Currently 7 directors are associated with Instantpay India Limited.
- Anil Mahajan
- Shailendra Agarwal
- Dhruv Suri
- Vimal Kumar Agarwal
- Ajay Upadhyay
- Amol Bhaurao Sonbarse
- Neha Lakhani
What is the registered address of Instantpay India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Instantpay India Limited is B1/A5, Mohan Cooperative Industrial Estate India, New Delhi, 110044.
What is the corporate identification number (CIN) and company number of Instantpay India Limited?
The corporate identification number (CIN) of Instantpay India Limited is U64200DL2010PLC206587 and the company number is 206587 as per Ministry of Corporate Affairs (MCA).
What is the official website of Instantpay India Limited?
The Official website of Instantpay India Limited is https://www.instantpay.in
What has been the recent revenue trend for Instantpay India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Instantpay India Limited has fallen by -22.70%.
How many employees does Instantpay India Limited currently have?
As Per 2023 financial reports, 147 employees are currently employed by Instantpay India Limited.
What change has been observed in the net worth of Instantpay India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Instantpay India Limited has experienced an downturn of -107.60%.
When was the last Balance Sheet of Instantpay India Limited filed with the ROC?
The most recent Balance Sheet for Instantpay India Limited was filed with the ROC on 31 Mar 2024.
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