Terrapay Solutions India Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.11 Cr
- Company Age 4 Year, 11 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 11 months 8 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vanburn Gomes  | Whole-Time Director | 12-Oct-2020 | Current |
| Saransh Verma | Whole-Time Director | 12-Oct-2020 | Current |
| Ganapathy Subramaniam | Director | 01-Apr-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Kalvet Technologies Llp
Ganapathy Subramaniam is a mutual person
- Abler Advisory Private Limited
Ganapathy Subramaniam is a mutual person
Charges (Loans)
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.
Deals i
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
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 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.
- Balance Sheet
Terrapay Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Bangalore.
- 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 .
- 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 .
- 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 11 months .
- Company Incorporation
Terrapay Solutions India Private Limited was registered on 01 Apr 2020 with Roc Bangalore & aged 4 years 11 months as per MCA records.
Recent News, Updates & Announcement
- Global payments firm TerraPay raises $100 million to expand further across the LATAM and MENA regions.
London-based TerraPay has closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing, funding its proposed expansion further into LATAM and MENA regions. The round was led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation (DFC) and a consortium of other investors. Aside from venturing into new territories - TerryPay is present in more than 108 receiving countries and 205 sending countries….
Frequently asked questions
What is the Incorporation or founding date of Terrapay Solutions India Private Limited?
Terrapay Solutions India Private Limited was incorporated on 01 Apr 2020.
What is authorized share capital and paid-up capital of Terrapay Solutions India Private Limited?
The authorized share capital of Terrapay Solutions India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.11 Cr.
Who are the current board members & directors of Terrapay Solutions India Private Limited?
Currently 3 directors are associated with Terrapay Solutions India Private Limited.
- Ganapathy Subramaniam
- Vanburn Gomes
- Saransh Verma
What is the registered address of Terrapay Solutions India Private Limited?
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.
What is the corporate identification number (CIN) and company number of Terrapay Solutions India Private Limited?
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).
What is the official website of Terrapay Solutions India Private Limited?
The Official website of Terrapay Solutions India Private Limited is https://www.terrapay.com
What has been the recent revenue trend for Terrapay Solutions India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Terrapay Solutions India Private Limited has risen by 127.60%.
How many employees does Terrapay Solutions India Private Limited currently have?
As Per 2023 financial reports, 384 employees are currently employed by Terrapay Solutions India Private Limited.
What change has been observed in the net worth of Terrapay Solutions India Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Terrapay Solutions India Private Limited filed with the ROC?
The most recent Balance Sheet for Terrapay Solutions India Private Limited was filed with the ROC on 31 Dec 2023.
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