MasterCard Technology Private Limited
ActiveMastercard is a global technology company operating in the payments industry. It connects and powers a digital economy, making transactions safe, simple, and accessible for people, businesses, and governments worldwide. The company develops a wide array of open, flexible digital payment solutions and offers professional services and innovation enablement to enhance business performance and consumer experiences.
Company Overview
| Category | Company limited by shares |
| Class | Private |
| Sub-Category | Non-government company |
| Listed | Unlisted |
| Age | 25 years, 0 months, 3 days |
| Auth. Capital | ₹3,00,00,000 |
| Paid-Up Capital | ₹2,11,64,450 |
| Last AGM | 26-09-2025 |
| Last Balance Sheet | 31-03-2025 |
Business Activity
| NIC Code | 722 |
| Sector | Software publishing, consultancy and supply [Software publishing includes production, supply and documentation of ready-made (non-customized) software, operating systems software, business & other applications software, computer games software for all platforms. Consultancy includes providing the best solution in the form of custom software after analyzing the user?s needs and problems. Custom software also includes made-to-order software based on orders from specific users. Also, included are writing of software of any kind following directives of the users; software maintenance, web-page design]. |
| Division | Scientific research and development |
| Group | Research and experimental development on social sciences and humanities |
Profit & Loss (Cr.)
Year-wise financial performance. All values in Indian Rupees Crore (Cr.).
| Financial Year | Paid Up Capital | Net Worth | Total Income | Total Expense | Profit Before Tax | Income Tax | Profit After Tax |
|---|---|---|---|---|---|---|---|
| 2024 | 2.12 | 1599.04 | 3374.24 | 2810.21 | 564.02 | 133.59 | 430.44 |
| 2023 | 2.12 | 1190.63 | 2455.73 | 2080.09 | 375.63 | 96.98 | 278.65 |
| 2022 | 2.12 | 914.78 | 1670.73 | 1418.61 | 252.12 | 56.35 | 195.77 |
| 2021 | 2.12 | 738.49 | 1383.03 | 1167.52 | 215.51 | 59.52 | 155.99 |
| 2020 | 2.12 | 603.05 | 1204.41 | 955.55 | 248.86 | 61.87 | 186.99 |
| 2019 | 2.12 | 443.32 | 764.91 | 655.08 | 109.84 | 38.64 | 71.20 |
| 2018 | 2.12 | 372.05 | 613.90 | 531.04 | 82.86 | 28.30 | 54.56 |
| 2017 | 2.12 | 293.49 | 389.13 | 388.35 | 0.78 | 1.55 | -0.77 |
| 2016 | 1.72 | 170.50 | 203.46 | 223.17 | -19.72 | 1.68 | -21.40 |
| 2015 | 1.40 | 91.10 | 79.80 | 104.38 | -24.59 | 1.33 | -25.91 |
Financial Performance Over the Years
Current Directors & Key Managerial Personnel
Directors currently active in MasterCard Technology Private Limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Current Directorships |
|---|---|---|---|---|---|
| 08393472 | JOSEPH VINCENT FERNANDES | Director | 2023-03-28 | – | 1 |
| 08466097 | RAMAMOORTHY ARAVINDAN | Whole-time director | 2019-09-30 | – | 1 |
| 10377429 | GAGAN BUTTAN | Whole-time director | 2023-11-17 | – | 1 |
| 09498128 | MANI RAJESH | Director | 2022-03-16 | – | 1 |
Past Directors & Key Managerial Personnel
Former directors who have ceased their association with MasterCard Technology Private Limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Cessation Date |
|---|---|---|---|---|---|
| 07719736 | KARTHIKEYAN LAKSHMANAN | Additional Director | - | – | 2017-09-25 |
| 07719736 | KARTHIKEYAN LAKSHMANAN | Whole-time director | - | – | 2023-05-26 |
| 08393472 | JOSEPH VINCENT FERNANDES | Additional Director | - | – | 2023-09-28 |
| 01843314 | PRASHANT LAXMAN MENGAWADE | Additional Director | - | – | 2008-09-23 |
| 01843314 | PRASHANT LAXMAN MENGAWADE | Director | - | – | 2010-07-21 |
| 01843314 | PRASHANT LAXMAN MENGAWADE | Whole-time director | - | – | 2014-05-30 |
| 02475396 | PRITI SINGH | Additional Director | - | – | 2017-09-25 |
| 02475396 | PRITI SINGH | Director | - | – | 2023-01-16 |
| 02724505 | RAJESH GURDAS WADHWA | Additional Director | - | – | 2016-09-30 |
| 02724505 | RAJESH GURDAS WADHWA | Whole-time director | - | – | 2019-06-17 |
| 07333086 | NARASIMA RAM KUMAR CHARI | Additional Director | - | – | 2016-06-08 |
| 06416528 | MANAS TANEJA | Additional Director | - | – | 2014-09-30 |
| 06416528 | MANAS TANEJA | Director | - | – | 2017-02-21 |
| 08466097 | RAMAMOORTHY ARAVINDAN | Additional Director | - | – | 2019-09-30 |
| 10377429 | GAGAN BUTTAN | Additional Director | - | – | 2023-11-02 |
| 07323571 | SUKANYA MISHRA | Additional Director | - | – | 2019-09-30 |
| 07323571 | SUKANYA MISHRA | Whole-time director | - | – | 2021-06-30 |
| 07526081 | SHWETA SHUKLA | Additional Director | - | – | 2016-09-30 |
| 07526081 | SHWETA SHUKLA | Whole-time director | - | – | 2017-03-01 |
| 09498128 | MANI RAJESH | Additional Director | - | – | 2022-09-30 |
| 00028272 | MADHUSUDAN GOPINATH GOPINATH | Additional Director | - | – | 2008-09-23 |
| 00028272 | MADHUSUDAN GOPINATH GOPINATH | Director | - | – | 2014-05-30 |
| 00028272 | MADHUSUDAN GOPINATH GOPINATH | Whole-time director | - | – | 2014-05-30 |
| 00029646 | RAMCHANDRA VIJAY CHANDAR | Director | - | – | 2008-09-05 |
| 06682108 | RAMESH KUMAR MIRAKHUR | Additional Director | - | – | 2015-09-30 |
| 06682108 | RAMESH KUMAR MIRAKHUR | Whole-time director | - | – | 2017-03-01 |
| 02046121 | RAJINDER VISHWANATH VRUDDHULA | Additional Director | - | – | 2014-08-29 |
| 07722174 | SIRISHA VORUGANTI | Additional Director | - | – | 2017-06-09 |
| 00028319 | RAMESH LAXMAN MENGAWADE | Director | - | – | 2010-07-21 |
| 00028319 | RAMESH LAXMAN MENGAWADE | Managing Director | - | – | 2014-05-30 |
| 00028319 | RAMESH LAXMAN MENGAWADE | Whole-time director | - | – | 2010-08-27 |
| 00074992 | MANISHI PATHAK | Director | - | – | 2010-11-17 |
| 00249732 | ARIJIT RANJAN SARKER | Additional Director | - | – | 2012-09-28 |
| 00249732 | ARIJIT RANJAN SARKER | Director | - | – | 2016-01-11 |
| 01921245 | KANWARPAL SINGH BINDRA | Additional Director | - | – | 2010-11-17 |
| 01921245 | KANWARPAL SINGH BINDRA | Director | - | – | 2012-03-29 |
Satisfied Charges
| Charge ID | 10207196 |
| Holder | CORPORATION BANK |
| Amount | ₹11,75,00,000 |
| Created | 26-02-2010 |
| Satisfied | 09-09-2014 |
| Assets | null |
| Charge ID | 10232723 |
| Holder | Corporation Bank |
| Amount | ₹8,00,00,000 |
| Created | 19-07-2010 |
| Satisfied | 09-09-2014 |
| Assets | null |
| Charge ID | 10109485 |
| Holder | Axis Bank Limited |
| Amount | ₹33,82,00,000 |
| Created | 07-03-2008 |
| Satisfied | 27-08-2014 |
| Assets | null |
| Charge ID | 10257103 |
| Holder | RELIANCE CAPITAL LTD |
| Amount | ₹50,00,000 |
| Created | 27-02-2010 |
| Satisfied | 01-10-2011 |
| Assets | Movable property (not being pledge) |
| Charge ID | 10042044 |
| Holder | SICOM LIMITED |
| Amount | ₹3,00,00,000 |
| Created | 29-01-2007 |
| Satisfied | 24-09-2008 |
| Assets | Floating charge; Movable property (not being pledge) |
Employee Trend (PF)
Monthly EPF contribution data showing employee headcount and wages paid.
| Month | Employee Count | Amount Paid (EPF) |
|---|---|---|
| DEC-22 | 4186 | ₹8,36,08,810 |
| JAN-23 | 4296 | ₹8,58,86,876 |
| FEB-23 | 4356 | ₹8,76,51,497 |
| MAR-23 | 4401 | ₹9,78,19,490 |
| APR-23 | 4426 | ₹9,88,22,925 |
| MAY-23 | 4449 | ₹9,94,07,065 |
| JUN-23 | 4447 | ₹9,97,44,309 |
| JUL-23 | 4412 | ₹9,93,00,598 |
About Mastercard
MasterCard Technology Private Limited (CIN: U72200PN2000PTC014585) is a active private company incorporated on 2000-03-10, registered under ROC Pune. The company operates in the software publishing, consultancy and supply [software publishing includes production, supply and documentation of ready-made (non-customized) software, operating systems software, business & other applications software, computer games software for all platforms. consultancy includes providing the best solution in the form of custom software after analyzing the user?s needs and problems. custom software also includes made-to-order software based on orders from specific users. also, included are writing of software of any kind following directives of the users; software maintenance, web-page design]. sector (NIC Code: 722).
For financial year 2024, MasterCard Technology Private Limited reported a total income of ₹33,74,23,50,000, placing it in the 500+ Crore INR revenue bracket .
The company has 4 current directors : JOSEPH VINCENT FERNANDES , RAMAMOORTHY ARAVINDAN , GAGAN BUTTAN , MANI RAJESH . 36 past directors are also on record.
Registered Address: 9th Floor, Bluegrass Business Park, Yerwada, Pune City, Maharashtra 411006, India