PhonePe Limited

Private Limited Indian Non-Government CompanyUnlistedACTIVE compliantCIN: U93030MH2011PTC222709

INDICATIVE PRICE₹185Last updated 9 Apr 2026

Ask AI

UA Score75/100

CIN

🔒

CIN

Incorp. Date04 Oct 2011

Paid-up Capital₹71.20 Cr

Open Charges₹49.07 Cr

Last AGM30 Sept 2024

PAN

🔒

PAN

Company Summary

Indel Automotives Private Limited (IAPL) was formerly known as Aladin Media Production & Advertising Private Limited. As per its annual filings, the company is engaged in dealers, agents, sub-agents, …

AutomobilesAuto and Auto Components Dealers

Incorporation04 Oct 2011

Age15+ years

PANAAJCA9563G

StatusUnlisted

LocationMumbai, Maharashtra

IndustryAutomobiles

🎙️ Company Audio Brief

1-Minute Company Overview

Listen to key insights • 1:00 min

💡 Quick Investor Summary

🏢

What They Do

Indel Automotives Private Limited (IAPL) was formerly known as Aladin Media Production & Advertising Private Limited. As per its annual filings, the c...

📈

Financial Health

Reporting Less than 5 cr. in revenue. Currently operating at a loss making.

🛡️

Positive Aspects

No credit bureau defaults. No pending legal disputes. Maintains active compliance with regulators.

⚠️

Key Risk

Payment delays in EPF (true). Significant registered debt charges open.

Key Highlights

ℹRevenue: Less than 5 cr.

⚠Profit: Loss Making

✓No bureau defaults

✓No pending legal cases

⚠GST filing delay: true

⚠EPF payment delay: true

ℹEmployees: Upto 100

Management Team

ANISH MOHAN GOPALAKRISHNAN MOHANAN

Whole-time directorDIN: 07056310Since 01 Apr 2023

SALIL VENU

DirectorDIN: 06531662Since 25 Sept 2015

UMESH MOHANAN

DirectorDIN: 02455902Since 04 Oct 2011

more directors

Show 1 past director

HANNA PULINCHICKAL NAZIR

Company SecretaryCeased 02 Sept 2019

⏸️

IPO PostponedDRHP filed & approved, but IPO listing has been deferred

🏛️

View on SEBISearch DRHP filings

↗

PhonePe initially filed confidential IPO papers in September 2024 and an updated DRHP in January 2026, receiving SEBI approval, but has temporarily paused its IPO plans due to geopolitical tensions and market volatility.

IPO Readiness Score

6/10MEDIUM TERM

PhonePe demonstrates strong market leadership and improving financials, but the current IPO postponement and reliance on OFS warrant a cautious medium-term outlook for investors.

📑 DRHP Summary

PhonePe's DRHP outlines a $1.3 billion (₹12,000 crore) IPO entirely as an Offer For Sale (OFS) of approximately 50.66 million equity shares by existing shareholders, including Walmart, Tiger Global, and Microsoft. The company will not receive any proceeds from the issue.

🚀 Key Highlights

PhonePe reported strong revenue growth of 40% year-on-year in FY25, reaching ₹7,115 crore.
The company achieved a positive profit after tax of ₹630 crore and an adjusted EBITDA of ₹1,477 crore in FY25.
PhonePe dominates the UPI market in India with over 48% market share by value.

⚠️ Watch Points

The IPO is structured as a complete Offer For Sale, meaning PhonePe will not receive any direct funds from the IPO.
The company's new platforms, such as Share.Market and Indus Appstore, are currently incurring losses as the company prioritizes growth.
PhonePe's IPO plans have been temporarily paused due to geopolitical tensions and market volatility.

For Education purpose only · Not investment advice

🔔Want to be the first to know? Get alerts when PhonePe Limited files or updates its DRHP.

🔒

IPO Tracker

📊 Showing 1 year of data. Upgrade to Premium for full 5-year history.

Total Employees

Upto 100

CSR Expenditure

Not Specified

Positive Signal: Strong Operating Cash Flow (₹3,44,51,000) despite reporting net losses. Core operations are generating cash.

Profit & Loss Statement

Line Item	FY 2024
Net Revenue	₹11.08 L
Total Operating Cost	₹3.69 Cr
Operating Profit / (Loss)	-₹7.89 Cr
Other Income	₹7.22 Cr
Depreciation	₹9.78 L
Profit Before Tax	-₹13.75 Cr
Income Tax	₹11.87 L
Profit After Tax (PAT)	-₹13.87 Cr

Balance Sheet

Line Item	FY 2024
ASSETS
Non-Current Investments	₹122.88 Cr
Net Fixed Assets	₹12.90 Cr
Total Non-Current Assets	₹123.44 Cr
Cash & Bank Balances	₹6.84 L
Trade Receivables	₹22.37 L
Total Current Assets	₹8.44 Cr
Total Assets	₹144.78 Cr
LIABILITIES & EQUITY
Share Capital	₹69.20 Cr
Reserves & Surplus	-₹66.77 Cr
Total Equity	₹2.44 Cr
Long-Term Borrowings	₹66.84 Cr
Deferred Tax (Net)	—
Total Non-Current Liabilities	₹83.05 Cr
Short-Term Borrowings	₹53.57 Cr
Trade Payables	₹0
Total Current Liabilities	₹59.29 Cr
Total Debt	₹120.41 Cr

Cash Flow Statement

Line Item	FY 2024
Operating Cash Flow	₹3.45 Cr
Investing Cash Flow	-₹8.38 L
Financing Cash Flow	-₹3.60 Cr
Net Change in Cash	-₹24.07 L
Closing Cash Balance	₹6.84 L

Line Item	FY 2023	FY 2022	FY 2021	FY 2020
Net Revenue	₹8.46 Cr	₹67.82 Cr	₹60.77 Cr	₹56.08 Cr
Total Operating Cost	₹5.03 Cr	₹4.97 Cr	₹4.33 Cr	₹5.58 Cr
Operating Profit / (Loss)	-₹12.29 Cr	₹83.31 L	₹1.37 Cr	-₹2.42 Cr
Other Income	₹11.92 Cr	₹2.89 Cr	₹2.78 Cr	₹4.32 Cr
Depreciation	₹1.18 Cr	₹64.13 L	₹64.60 L	₹75.52 L
Profit Before Tax	-₹10.25 Cr	-₹5.18 Cr	-₹2.54 Cr	-₹4.99 Cr
Income Tax	-₹29.86 L	₹6.22 L	₹12.81 L	₹7.66 L
Profit After Tax (PAT)	-₹9.95 Cr	-₹5.24 Cr	-₹2.67 Cr	-₹5.07 Cr

🔒

5-Year Financial History

EV / EBITDA Multiple

-182.2x

MCAP:
₹1317.26 Cr

EBITDA:
₹-7.89 Cr

OCF vs PAT Ratio

Revenue & Profit Trend

Key Ratios

🔒

Key Ratios Chart

Debt & Equity

Cash Flow Breakdown

Key Ratios Table

Ratio	FY 2024
Return on Equity	-569.18x
Return on Capital Employed	-0.62x
Current Ratio	0.14x
Quick Ratio	0.14x
Debt / Equity	49.41x
Interest Coverage	-0.06x
Net Margin	-12517.96%
EBITDA Margin	-7121.30%
Revenue Growth	-98.69%

🔒

Key Ratios Table

IPO Readiness Scorecard

65/ 100

Compliance Status0/25

Inactive/Warn

Financial Scale15/25

Emerging

Legal & Defaults25/25

Clean Record

Governance & Cap25/25

Stable

Compliance Dashboard

Bureau Defaults

✓ None Detected

Legal Cases (Pending)

✓ None Detected

GST Filing Status

✗ Delays Observed

EPF Payment Status

✗ Delays Observed

MCA Compliance

✓ INACTIVE

MSME Payment Delays

✓ None Detected

Insolvency / BIFR History

✓ No History

Auditor Stability (YoY)

✓ Stable

Related Party Transactions

Loans to/from Related Entities

Extracted from AOC-4 disclosures. Currently within normal safe limits.

Remuneration vs Profits

Management remuneration ratio stable against net profit bounds.

Credit Ratings

ℹ No recent credit ratings on file.

Legal Case Timeline

🔒

Governance & Compliance

Shareholding Summary (2023)

Total Equity Shares2,71,03,031

Promoter Holders3

Preference Shares4,21,00,000

Public / Other Holders—

Shareholding Pattern

100%

Equity

Promoter51%

Public / Others49%

Major Shareholders (>5%)

🏢

INDEL CORPORATION PRIVATE LIMITED

Company

2,71,03,029

% Holding

100%

Category-wise Shareholding Breakdown

Shareholder Type	Category	Indian Held (Shares)	Body Corporate (Shares)	Total Shares	% Holding
PROMOTER	equity	2	2,71,03,029	2,71,03,031	100%
PROMOTER	preference	0	4,21,00,000	4,21,00,000	100%
PUBLIC	equity	0	0	0	0%
PUBLIC	preference	0	0	0	0%

Corporate Group Structure

Holding Companies

No holding companies mapped.

Subsidiaries

No subsidiaries mapped.

Charges & Liens Detail

Tax & Employee Registrations

GST: Information Gated

EPFO: Information Gated

🔒

Cap Table & Shareholding

Industry: Automobiles — Auto and Auto Components Dealers

Sample Size: 30 peers (2024 data)

Target Company Ratios vs Industry Median

Parameter	Company Value	Industry Median	Status
Revenue (₹ Cr)	0.11	0.11	▼
Revenue Growth (%)	-98.69	-39.05	▼
EBITDA Margin (%)	-7121.30	-10.12	▼
Net Margin (%)	-12517.96	-2.17	▼
Return on Equity (%)	-569.18	-10.50	▼
Debt / Equity	49.41	0.81	▼
Inventory / Sales (Days)	0	0	—
Debtors / Sales (Days)	736.92	5.43	▼
Payables / Sales (Days)	0	0	—
Cash Conversion Cycle (Days)	736.92	31.05	▼
Sales / Net Fixed Assets	0.01	1.04	▼

Closest Peers by Revenue

Company Name	CIN	City	Revenue (₹)
TARA AUTOMOBILES PRIVATE LIMITED	U34300DL1997PTC085472	NEW DELHI	11,27,200
MY WINGS PRIVATE LIMITED	U34100PN2010PTC135801	PUNE	11,13,750
INDEL AUTOMOTIVES PRIVATE LIMITED	U93030MH2011PTC222709	Mumbai	11,08,000
SWADESH ENTERPRISES PRIVATE LIMITED	U29246PB1999PTC022430	LUDHIANA	10,88,215
BANERJEE MOTORS PRIVATE LIMITED	U45101WB2023PTC260226	PASCHIM BARDHAMAN	10,73,333

Recent News

No recent news found or analyzed for this company.

🔒

Documents & Filings

PhonePe Limited

Company Summary

🎙️ Company Audio Brief

💡 Quick Investor Summary

Key Highlights

Management Team

IPO Tracker

Financial Statements

Profit & Loss Statement

Balance Sheet

Cash Flow Statement

Charts & Ratios

OCF vs PAT Ratio

Revenue & Profit Trend

Key Ratios

Debt & Equity

Cash Flow Breakdown

Key Ratios Table

Governance & Compliance

Capitalization Table

Peer Comparison

Target Company Ratios vs Industry Median

Closest Peers by Revenue

Latest News

Recent News

Documents & Filings