BharatPe
- Unlisted share
- Financial Services
At a glance
Sales
FY25
₹1,667 Cr
+265%on FY22What the company earned from its customers in the year.
Market valuecalculated
₹3,588 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY25
₹2,020 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- BharatPe
- ISIN
- Not available
- Sector
- Financial Services
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹3,11,850.00
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About BharatPe
BharatPe is the brand of Resilient Innovations Private Limited, a fintech founded in 2018 that gives small merchants a single UPI QR code, card machines and payment speaker devices, and arranges loans for them through partner lenders. The group also owns a majority of the NBFC Trillionloans, holds a stake in Unity Small Finance Bank and has an RBI online payment aggregator licence. It is a venture-backed private company with no promoter recorded; its equity shares are held by a trust, individuals and bodies corporate, and its preference shares almost entirely by bodies corporate.
Written from: bharatpe.com, bharatpe.com, bharatpe.com
Listing status. Not listed: the FY2024-25 annual return records the company as a private company whose shares are not listed on a recognised stock exchange. No DRHP filing was found. Resilient Innovations annual return (Form MGT-7) FY2024-25
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Financial Services
- ISIN
- Not available
- Year of incorporation
- 2018
- Registered and corporate office
- New Delhi (registered office); corporate office in Gurugram, Haryana
- BharatPe corporate governance page
- Promoter / ownership
- The annual return records no promoters. At 31 March 2025 the equity shares were held 53.92% by a trust, 26.48% by individuals and 19.60% by bodies corporate, and almost all of the preference shares (99.59%) by bodies corporate, i.e. the institutional investors.
- Key people
- Chairman: Rajnish Kumar; Chief Executive Officer and Executive Director: Nalin Negi
- BharatPe About Us page
- Equity shares outstanding
- 1,15,066 shares
- Official website
- bharatpe.com
Read from: Resilient Innovations annual return (Form MGT-7) FY2024-25, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to book (P/B)calculated
1.78×
At this price you pay ₹1.78 for every ₹1 of net worth on the company's books.
- Indicative price
- ₹3,11,850.00
- Market valuecalculated
- ₹3,588 Cr
- price × shares
- No. of shares
- 1,15,066
- Book value per share
- ₹1,75,589.66
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2024-25. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Resilient Innovations Private Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY22 to FY25: ₹457 Cr to ₹1,667 Cr.
| Particulars | FY22 | FY23 | FY24 | FY25Latest |
|---|---|---|---|---|
| Revenue from operations (as announced by the company) | 457 | n/a | n/a | 1,667 |
| Total revenue (as announced by the company) | n/a | n/a | n/a | 1,734 |
| Adjusted profit before tax, excluding ESOP expense (company-adjusted) | n/a | n/a | -342 | 6▲102% |
| EBITDA excluding ESOP expense (company-adjusted) | n/a | n/a | -209 | 141▲167% |
| Turnover as defined in the Companies Act, 2013 (annual return) | 320.69 | 903.62 | 781.92 | 1,084.21▲39% |
Rupees crore unless marked, as announced; basis not stated, standalone. The change shown is the latest year against the year before. Read from: BharatPe press release, 14 August 2025, Resilient Innovations annual return (Form MGT-7) FY2021-22, Resilient Innovations annual return (Form MGT-7) FY2022-23, Resilient Innovations annual return (Form MGT-7) FY2023-24, Resilient Innovations annual return (Form MGT-7) FY2024-25.
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2025
53.9%Others: Trust (equity shares)
- Largest holder
- 53.9%
- Top 3 together
- 100.0%
- Holders named
- 3
- Others: Trust (equity shares)53.92%
- Individuals, Indian (equity shares)26.48%
- Bodies corporate (equity shares)19.60%
- Total100.00%
Read from: Resilient Innovations annual return (Form MGT-7) FY2024-25
Leadership
Management
Rajnish Kumar
Chairman
Nalin Negi
Chief Executive Officer; Executive Director
BP Kanungo
Independent Director
Kaushik Dutta
Independent Director
Shashvat Nakrani
Non-Executive Director
John Bernard Weinstein
Non-Executive Director
Amit Mukherjee
Non-Executive Director
Aanchal Aggarwal
Company Secretary
Read from: BharatPe About Us page, Resilient Innovations annual return (Form MGT-7) FY2024-25
Corporate calendar
Events
- 25 Aug 2025AGM7th AGM to adopt FY2024-25 accounts, appoint Amit Mukherjee as director and authorise NCD issuanceOpen
- 14 Aug 2025ResultsCompany announced FY2024-25 numbers: total revenue ₹1,734 crore and first adjusted pre-tax profit of ₹6 croreOpen
- 10 Jun 2025Board changeExecutive director Sumeet Singh resignedOpen
- 23 May 2025EGMEGM called to alter the objects clause, authorise privately placed secured NCDs and appoint independent directorsOpen
- 2025-04Regulator approvalRBI final authorisation received to operate as an online payment aggregatorOpen
- 14 Oct 2024AGM6th annual general meeting heldOpen
- 20 Dec 2023AGM5th AGM called at shorter notice to adopt the accounts and authorise privately placed, unlisted, unrated non-convertible debenturesOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
- FY2025-26Notice of Extraordinary General Meeting (01 FY 2025-26)
- FY2024-25Press release: BharatPe becomes profitable (FY2024-25 highlights)
- FY2024-25Notice of the 7th Annual General Meeting
- FY2024-25Copy of Annual Return FY25 (Form MGT-7)
- FY2023-24Copy of Annual Return FY24 (Form MGT-7)
- FY2022-23Notice of the 5th Annual General Meeting (December 2023)
- FY2022-23Copy of the annual return FY23 (Form MGT-7, year ended 31 March 2023)
- FY2021-22Annual return (Form MGT-7, year ended 31 March 2022; the file is named FY23)
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about BharatPe on WhatsAppIs the price shown for BharatPe final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my BharatPe shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell BharatPe shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by BharatPe. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.