Wise Payments India Private Limited

Facilitates low-cost international money transfers through banking channels.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated:

Wise Payments India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.90 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 277.60%
  • Profit Growth 486.56%
  • Ebitda 1946.89%
  • Net Worth 5449.74%
  • Total Assets 678.26%

About Wise Payments India

Wise Payments India Private Limited (WPIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 15 March 2016 (Eight years and 11 months 24 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Transferwise India Private Limited. The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.90 M, as per Ministry of Corporate Affairs (MCA) records.

Seshadri Kulkarni, Partha Sinha, Taneia Bhardwaj, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016FTC274395

  • Company No.

    274395

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    15 Mar 2016

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services

Who are the key members and board of directors at Wise Payments India?

Board Members (4)

NameDesignationAppointment DateStatus
Seshadri Kulkarni Country flag representing Us Director 25-Aug-2021Current
Partha Sinha Country flag representing In Director Current
Taneia Bhardwaj Country flag representing In Additional Director 25-Apr-2024Current
Michael Truong Additional Director 25-Apr-2024Current

Financial Performance of Wise Payments India.

Wise Payments India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 277.6% increase. The company also saw a substantial improvement in profitability, with a 486.56% increase in profit. The company's net worth Soared by an impressive increase of 5449.74%.

Wise Payments India revenue growth over time
Wise Payments India 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
277.60%
Revenue from Operations
276.07%
Total Assets
678.26%
Profit or Loss
486.56%
Net Worth
5449.74%
EBITDA
1946.89%

What is the Ownership and Shareholding Structure of Wise Payments India?

In 2023, Wise Payments 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 Wise Payments India?

Wise Payments India has a workforce of 3 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.

Employee growth trends for Wise Payments India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wise Payments 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 Wise Payments 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 Wise Payments India

Recent activity within the organization

  • Director Appointment

    Taneia Bhardwaj was appointed as a Additional Director was appointed as a Additional Director on 25 Apr 2024 & has been associated with this company since 10 months 13 days .

  • Director Appointment

    Michael Truong was appointed as a Additional Director was appointed as a Additional Director on 25 Apr 2024 & has been associated with this company since 10 months 13 days .

  • Annual General Meeting

    Wise Payments India Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

  • Balance Sheet

    Wise Payments India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Seshadri Kulkarni was appointed as a Director was appointed as a Director on 25 Aug 2021 & has been associated with this company since 3 years 6 months .

  • Company Incorporation

    Wise Payments India Private Limited was registered on 15 Mar 2016 with Roc Mumbai & aged 8 years 11 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Wise Payments India Private Limited?

    Wise Payments India Private Limited was incorporated on 15 Mar 2016.

  • What is authorized share capital and paid-up capital of Wise Payments India Private Limited?

    The authorized share capital of Wise Payments India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.90 M.

  • Who are the current board members & directors of Wise Payments India Private Limited?

    Currently 4 directors are associated with Wise Payments India Private Limited.

    • Seshadri Kulkarni
    • Partha Sinha
    • Taneia Bhardwaj
    • Michael Truong

  • What is the registered address of Wise Payments India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wise Payments India Private Limited is B/105 The Capital G-Block Plot C-70 Kurla Complex, East India, Bandra, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Wise Payments India Private Limited?

    The corporate identification number (CIN) of Wise Payments India Private Limited is U74999MH2016FTC274395 and the company number is 274395 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wise Payments India Private Limited?

    The Official website of Wise Payments India Private Limited is https://www.wise.com

  • What has been the recent revenue trend for Wise Payments India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wise Payments India Private Limited has risen by 277.60%.

  • How many employees does Wise Payments India Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Wise Payments India Private Limited.

  • What change has been observed in the net worth of Wise Payments India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wise Payments India Private Limited has experienced an upsurge of 5449.74%.

  • When was the last Balance Sheet of Wise Payments India Private Limited filed with the ROC?

    The most recent Balance Sheet for Wise Payments India Private Limited was filed with the ROC on 31 Mar 2023.

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