Mastercard Technology Private Limited

Provides computer programming and consultancy services since 2000, based in Pune, Maharashtra.

2000 | Pune, Maharashtra (India) | Active
Last Updated:

Mastercard Technology Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.12 Cr
  • Company Age 25 Year, 29 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 57.07 Cr
  • Revenue Growth 20.80%
  • Profit Growth 25.50%
  • Ebitda 14.52%
  • Net Worth 23.87%
  • Total Assets 17.56%

About Mastercard Technology

Mastercard Technology Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 2000 and has a history of 25 years. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Porteco Private Limited. The Company is engaged in the Information Technology 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 3.00 Cr and a paid-up capital of Rs 2.12 Cr.

The company has closed loans amounting to ₹57.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Joseph Fernandes, Ramamoorthy Aravindan, Mani Rajesh, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200PN2000PTC014585

  • Company No.

    014585

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology
Company report

Mastercard Technology Private Limited

Explore comprehensive data for Mastercard Technology Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mastercard Technology?

Board Members (4)

NameDesignationAppointment DateStatus
Joseph Fernandes Country flag representing In Director 17-Jan-2023Current
Ramamoorthy Aravindan Country flag representing In Whole-Time Director 17-Jun-2019Current
Mani Rajesh Country flag representing In Director 16-Mar-2022Current
Gagan Buttan Country flag representing In Whole-Time Director 02-Nov-2023Current

Financial Performance of Mastercard Technology.

Mastercard Technology Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.8% increase. The company also saw a substantial improvement in profitability, with a 25.5% increase in profit. The company's net worth Soared by an impressive increase of 23.87%.

Mastercard Technology revenue growth over time
Mastercard Technology 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
20.80%
Revenue from Operations
22.62%
Total Assets
17.56%
Profit or Loss
25.50%
Net Worth
23.87%
EBITDA
14.52%

What is the Ownership and Shareholding Structure of Mastercard Technology?

In 2022, Mastercard Technology 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

₹0

Satisfied Charges

₹57.07 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 33.82 Cr
  • Corporation Bank : 19.75 Cr
  • Sicom Limited : 3.00 Cr
  • Reliance Capital Ltd : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2010Corporation Bank₹8.00 CrSatisfied
27 Feb 2010Reliance Capital Ltd₹5.00 MSatisfied
26 Feb 2010Corporation Bank₹11.75 CrSatisfied
07 Mar 2008Axis Bank Limited₹33.82 CrSatisfied
29 Jan 2007Sicom Limited₹3.00 CrSatisfied

How Many Employees Work at Mastercard Technology?

Mastercard Technology has a workforce of 4624 employees as of Apr 04, 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.

Employee growth trends for Mastercard Technology Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mastercard Technology, 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 Mastercard Technology'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 Mastercard Technology

Recent activity within the organization

  • Annual General Meeting

    Mastercard Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mastercard Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Director Appointment

    Gagan Buttan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Joseph Vincent Fernandes was appointed as a Director was appointed as a Director on 17 Jan 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Mani Rajesh was appointed as a Director was appointed as a Director on 16 Mar 2022 & has been associated with this company since 3 years 24 days .

  • Director Appointment

    Ramamoorthy Aravindan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Jun 2019 & has been associated with this company since 5 years 9 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mastercard Technology Private Limited?

    Mastercard Technology Private Limited was incorporated on 10 Mar 2000.

  • What is authorized share capital and paid-up capital of Mastercard Technology Private Limited?

    The authorized share capital of Mastercard Technology Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.12 Cr.

  • Who are the current board members & directors of Mastercard Technology Private Limited?

    Currently 4 directors are associated with Mastercard Technology Private Limited.

    • Joseph Vincent Fernandes
    • Ramamoorthy Aravindan
    • Mani Rajesh
    • Gagan Buttan

  • What is the registered address of Mastercard Technology Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mastercard Technology Private Limited is 9Th Floor Bluegrass Business Park Tower 1 Plot 3/3, Pune Nagar Road City India, Pune City, Maharashtra, 411006.

  • What is the corporate identification number (CIN) and company number of Mastercard Technology Private Limited?

    The corporate identification number (CIN) of Mastercard Technology Private Limited is U72200PN2000PTC014585 and the company number is 014585 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mastercard Technology Private Limited?

    The Official website of Mastercard Technology Private Limited is https://www.mastercard.com

  • What has been the recent revenue trend for Mastercard Technology Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mastercard Technology Private Limited has risen by 20.80%.

  • How many employees does Mastercard Technology Private Limited currently have?

    As Per 2022 financial reports, 4624 employees are currently employed by Mastercard Technology Private Limited.

  • What change has been observed in the net worth of Mastercard Technology Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mastercard Technology Private Limited has experienced an upsurge of 23.87%.

  • When was the last Balance Sheet of Mastercard Technology Private Limited filed with the ROC?

    The most recent Balance Sheet for Mastercard Technology Private Limited was filed with the ROC on 31 Mar 2024.

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