Terrapay Solutions India Private Limited

Provides off-site technical services and systems for data and transaction processing, including clearing and settlement.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: December 24, 2024

Terrapay Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.11 Cr
  • Company Age 4 Year, 10 Months
  • Last Filing with ROC 31 Dec 2023
  • Revenue Growth 127.60%
  • Profit Growth 126.19%
  • Ebitda 161.99%
  • Net Worth 314.55%
  • Total Assets 369.38%

About Terrapay Solutions India

Terrapay Solutions India Private Limited (TSIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 April 2020 (Four years and ten months 23 days old ). Its registered office is in Bangaluru, Karnataka, India.

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 December 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ganapathy Subramaniam, Vanburn Gomes, and Saransh Verma serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    terrapay.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140KA2020PTC133630

  • Company No.

    133630

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2020

  • Date of AGM

    28 Jun 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Terrapay Solutions India?

Board Members (3)

NameDesignationAppointment DateStatus
Vanburn Gomes Country flag representing In Whole-Time Director 12-Oct-2020Current
Saransh Verma Country flag representing In Whole-Time Director 12-Oct-2020Current
Ganapathy Subramaniam Country flag representing In Director 01-Apr-2020Current

Financial Performance of Terrapay Solutions India.

Terrapay Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 127.6% increase. The company also saw a substantial improvement in profitability, with a 126.19% increase in profit. The company's net worth Soared by an impressive increase of 314.55%.

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
127.60%
Revenue from Operations
127.04%
Total Assets
369.38%
Profit or Loss
126.19%
Net Worth
314.55%
EBITDA
161.99%

What is the Ownership and Shareholding Structure of Terrapay Solutions India?

In 2023, Terrapay Solutions India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Terrapay Solutions India?

Terrapay Solutions India has a workforce of 384 employees as of Mar 29, 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 Terrapay Solutions 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 Terrapay Solutions India'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 Terrapay Solutions India

Recent activity within the organization

  • Annual General Meeting

    Terrapay Solutions India Private Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records.

    28 Jun 2024

  • Balance Sheet

    Terrapay Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Bangalore.

    31 Dec 2023

  • Director Appointment

    Vanburn Gomes was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Oct 2020 & has been associated with this company since 4 years 4 months .

    12 Oct 2020

  • Director Appointment

    Saransh Verma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Oct 2020 & has been associated with this company since 4 years 4 months .

    12 Oct 2020

  • Director Appointment

    Ganapathy Subramaniam was appointed as a Director was appointed as a Director on 01 Apr 2020 & has been associated with this company since 4 years 10 months .

    01 Apr 2020

  • Company Incorporation

    Terrapay Solutions India Private Limited was registered on 01 Apr 2020 with Roc Bangalore & aged 4 years 10 months as per MCA records.

    01 Apr 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Terrapay Solutions India Private Limited was incorporated on 01 Apr 2020.

  • The authorized share capital of Terrapay Solutions India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.11 Cr.

  • Currently 3 directors are associated with Terrapay Solutions India Private Limited.

    • Ganapathy Subramaniam
    • Vanburn Gomes
    • Saransh Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Terrapay Solutions India Private Limited is 12Th 13Th Floor Godrej Centre Hebbal, Sahakara Nagar India, Bangalore North, Karnataka, 560092.

  • The corporate identification number (CIN) of Terrapay Solutions India Private Limited is U74140KA2020PTC133630 and the company number is 133630 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Terrapay Solutions India Private Limited is https://www.terrapay.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Terrapay Solutions India Private Limited has risen by 127.60%.

  • As Per 2023 financial reports, 384 employees are currently employed by Terrapay Solutions India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Terrapay Solutions India Private Limited has experienced an upsurge of 314.55%.

  • The most recent Balance Sheet for Terrapay Solutions India Private Limited was filed with the ROC on 31 Dec 2023.

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