Phonepe Lending Services Private Limited

Founded in 2016 and headquartered in Karnataka, India.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Phonepe Lending Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -70.42%
  • Profit Growth -9834.05%
  • Ebitda -9305.55%
  • Net Worth -90.51%
  • Total Assets -6.60%

About Phonepe Lending Services

Phonepe Lending Services Private Limited (PLSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 October 2016 (Eight years and three months 15 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Internet 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 1.00 M and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Phonepe Lending Services Private Limited India is Hemant Gala as CEO. Harshitkumar, Kaushal Nahata, and Hemant Gala serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63119KA2016PTC174869

  • Company No.

    166866

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 2016

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Internet

Who are the key members and board of directors at Phonepe Lending Services?

Executive Team (1)

Name Designation Appointment Date Status
Hemant Gala CEO Current

Board Members (2)

Name Designation Appointment Date Status
Harshitkumar Country flag representing In Whole-Time Director 08-Jun-2023 Current
Kaushal Nahata Country flag representing In Whole-Time Director Current

Financial Performance of Phonepe Lending Services.

Phonepe Lending Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.42% decrease. The company also saw a substantial fall in profitability, with a 9834.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 90.51%.

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
-70.42%
Revenue from Operations
-71.26%
Total Assets
-6.60%
Profit or Loss
-9834.05%
Net Worth
-90.51%
EBITDA
-9305.55%

What is the Ownership and Shareholding Structure of Phonepe Lending Services?

In 2022, Phonepe Lending Services had a promoter holding of 88.78% and a public holding of 11.22%. 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 Phonepe Lending Services?

Phonepe Lending Services has a workforce of 107 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Phonepe Lending 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 Phonepe Lending 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 Phonepe Lending Services

Recent activity within the organization

  • Annual General Meeting

    Phonepe Lending Services Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Phonepe Lending Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Harshitkumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Jun 2023 & has been associated with this company since 1 year 7 months .

    08 Jun 2023

  • Company Incorporation

    Phonepe Lending Services Private Limited was registered on 20 Oct 2016 with Roc Bangalore & aged 8 years 3 months as per MCA records.

    20 Oct 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Phonepe Lending Services Private Limited was incorporated on 20 Oct 2016.

  • The authorized share capital of Phonepe Lending Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.12 M.

  • Currently 4 directors are associated with Phonepe Lending Services Private Limited.

    • Harshitkumar
    • Hemant Manilal Gala
    • Kaushal Kumar Nahata
    • Hemant Manilal Gala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Phonepe Lending Services Private Limited is Office-2 Floor 4 5 6 7 Wing A Block Salarpuria Softzone Service Road Green Glen Layout, Bellandur India, Bangalore South, Karnataka, 560103.

  • The corporate identification number (CIN) of Phonepe Lending Services Private Limited is U63119KA2016PTC174869 and the company number is 166866 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Phonepe Lending Services Private Limited is https://www.phonepe.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Phonepe Lending Services Private Limited has fallen by -70.42%.

  • As Per 2023 financial reports, 107 employees are currently employed by Phonepe Lending Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Phonepe Lending Services Private Limited has experienced an downturn of -90.51%.

  • The most recent Balance Sheet for Phonepe Lending Services Private Limited was filed with the ROC on 31 Mar 2024.

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