Phonepe Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 44.27 Cr
- Company Age 12 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 51.63 Cr
- Revenue Growth 132.08%
- Profit Growth -2.78%
- Ebitda 1.17%
- Net Worth 188.75%
- Total Assets 130.10%
About Phonepe
Phonepe Private Limited (PPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 December 2012 and has a history of 12 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Fx Mart 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 100.00 Cr and a paid-up capital of Rs 44.27 Cr.
The company has closed loans amounting to ₹51.63 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Phonepe Private Limited India are Adarsh Nahata as Cfo, Ankit Popat as Company Secretary, and Sameer Nigam as Ceo. Manish Sabharwal, Tarun Bajaj, Sameer Nigam, and Five other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U67190KA2012PTC176031
- Company No.
303812
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Dec 2012
- Date of AGM
12 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Phonepe?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Adarsh Nahata | CFO | 26-Sep-2024 | Current |
| Ankit Popat | Company Secretary | 07-Nov-2019 | Current |
| Sameer Nigam | CEO | 01-Apr-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sameer Nigam  | Whole-Time Director | 26-Apr-2016 | Current |
Leigh Hopkins  | Nominee Director | 06-Jan-2023 | Current |
| Manish Sabharwal | Additional Director | 21-Nov-2024 | Current |
| Tarun Bajaj | Director | 24-Jan-2024 | Current |
Rohit Bhagat  | Nominee Director | 06-Jan-2023 | Current |
| Rahul Vardha | Whole-Time Director | 26-Apr-2016 | Current |
Financial Performance of Phonepe.
Phonepe Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 132.08% increase. The company also saw a slight decrease in profitability, with a 2.78% decrease in profit. The company's net worth Soared by an impressive increase of 188.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Phonepe?
In 2023, Phonepe had a promoter holding of 85.50% and a public holding of 14.50%. The company had 9 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tech Mahindra LimitedTarun Bajaj is a mutual person
63Ideas Infolabs Private LimitedLeigh Hopkins is a mutual person
Bajaj Finance LimitedTarun Bajaj is a mutual person
The Tata Power Company LimitedTarun Bajaj is a mutual person
Teamlease Services LimitedManish Sabharwal is a mutual person
Hindustan Unilever LimitedTarun Bajaj is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹51.63 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 51.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2018 | Yes Bank Limited | ₹1.00 M | Satisfied |
| 29 Jan 2018 | Yes Bank Limited | ₹4.87 Cr | Satisfied |
| 12 Dec 2017 | Yes Bank Limited | ₹2.00 Cr | Satisfied |
| 23 Jun 2016 | Yes Bank Limited | ₹44.66 Cr | Satisfied |
How Many Employees Work at Phonepe?
Phonepe has a workforce of 7645 employees as of Mar 23, 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 Phonepe, 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'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 Phonepe
Recent activity within the organization
- Director Appointment
Manish Mahendra Sabharwal was appointed as a Additional Director was appointed as a Additional Director on 21 Nov 2024 & has been associated with this company since 3 months 13 days .
- Director Appointment
Adarsh Nahata was appointed as a Cfo was appointed as a Cfo on 26 Sep 2024 & has been associated with this company since 5 months 8 days .
- Annual General Meeting
Phonepe Private Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.
- Director Appointment
Sameer Nigam was appointed as a Ceo was appointed as a Ceo on 01 Apr 2024 & has been associated with this company since 11 months 3 days .
- Balance Sheet
Phonepe Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Tarun Bajaj was appointed as a Director was appointed as a Director on 24 Jan 2024 & has been associated with this company since 1 year 1 month .
Recent News, Updates & Announcement
- PhonePe lance l'Indus Appstore : Un tournant dans le parcours numérique de l'Inde.
/PRNewswire/ -- PhonePe a annoncé aujourd'hui le lancement auprès des consommateurs de sa boutique, l'Indus Appstore, à Bharat Mandapam, à New Delhi. L'Indus....
- PhonePe appoints Ritesh Pai as CEO - International Payments.
PhonePe has appointed Ritesh Pai as the CEO of its International Payments business. Pai, formerly the president of products and solutions at TerraPay, played a key role in launching and implementing global payment products and solutions in his previous role. .
Frequently asked questions
What is the Incorporation or founding date of Phonepe Private Limited?
Phonepe Private Limited was incorporated on 18 Dec 2012.
What is authorized share capital and paid-up capital of Phonepe Private Limited?
The authorized share capital of Phonepe Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 44.27 Cr.
Who are the current board members & directors of Phonepe Private Limited?
Currently 11 directors are associated with Phonepe Private Limited.
- Manish Mahendra Sabharwal
- Tarun Bajaj
- Sameer Nigam
- Rohit Bhagat
- Rahul Chari Vardha
- Donna Catherine Morris
- Leigh Douglas Hopkins
- John David Rainey Jr
- Adarsh Nahata
- Ankit Gunvantrai Popat
- Sameer Nigam
What is the registered address of Phonepe Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Phonepe Private Limited is Office-2 Floor 5 Wing A Block Salarpuria Softzone Bellandur Village Varthur Hobli, Outer Ring Road India, Bangalore South, Karnataka, 560103.
What is the corporate identification number (CIN) and company number of Phonepe Private Limited?
The corporate identification number (CIN) of Phonepe Private Limited is U67190KA2012PTC176031 and the company number is 303812 as per Ministry of Corporate Affairs (MCA).
What is the official website of Phonepe Private Limited?
The Official website of Phonepe Private Limited is https://www.phonepe.com
What has been the recent revenue trend for Phonepe Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Phonepe Private Limited has risen by 132.08%.
How many employees does Phonepe Private Limited currently have?
As Per 2022 financial reports, 7645 employees are currently employed by Phonepe Private Limited.
What change has been observed in the net worth of Phonepe Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Phonepe Private Limited has experienced an upsurge of 188.75%.
When was the last Balance Sheet of Phonepe Private Limited filed with the ROC?
The most recent Balance Sheet for Phonepe Private Limited was filed with the ROC on 31 Mar 2024.
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