IT stock surges 20% after receiving RBI’s approval for payment aggregator business

Synopsis: GVP Infotech jumped sharply after​‍​‌‍​‍‌​‍​‌‍​‍‌ it secured the RBI’s green signal to be a Payment Aggregator for online, offline, and cross-border transactions. 

The shares of this company, engaged in the business of IT Services, are in focus after the company received a key approval from the Central Bank of India. In this article, we will dive more into the highlights of this.

With a market capitalisation of Rs 160 crore, the shares of GVP Infotech Ltd. made a day’s high of Rs 10.49 per share, up 20 percent from its previous day’s closing price of Rs 8.76 per share. In the last one year, the stock has corrected by over 15 percent, as compared to NIFTY 50’s positive return of 7 percent.

About the Announcement

GVP​‍​‌‍​‍‌​‍​‌‍​‍‌ Infotech Limited achieved a major milestone after the Reserve Bank of India (RBI) officially gave it approval to function as a Payment Aggregator. The sanction was accorded to them under the Payment and Settlement Systems Act, 2007, by the RBI. 

The​‍​‌‍​‍‌​‍​‌‍​‍‌ Reserve Bank of India (RBI) has instructed the company to keep a minimum net worth of Rs 25 crore by March 31, 2026, and be able to fulfil this condition thereafter. Moreover, the company is obliged to adhere to stringent compliance and reporting regulations. For example, if there is a cyber-attack or a system failure, the company should report it within 6 ​‍​‌‍​‍‌​‍​‌‍​‍‌hours.

A​‍​‌‍​‍‌​‍​‌‍​‍‌ Payment Aggregator is a company that provides the necessary infrastructure for a merchant to accept digital payments. By holding this licence, GVP Infotech is enabled to handle domestic as well as international transactions across various payment modes online, offline (physical), and cards, wallets, and bank transfers, etc. To put it simply, the company will be in a position to supply the full range of payment facilities to firms. ​‍​‌‍​‍‌​‍​‌‍​‍‌

Financial and Other Highlights

GVP Infotech Ltd reported a revenue from operations of Rs 1.82 crore in Q2 FY26, a staggering growth of 368 percent as compared to Rs 39 lakh in Q2 FY25. However, on a quarter-on-quarter basis, it declined by 56 percent from Rs 4.1 crore.

Regarding its profitability, it reported a net loss of Rs 90 crore in Q2 FY26 as compared to a profit of Rs 2 lakh in Q2 FY25. However, on a quarter-on-quarter basis, it declined significantly from a profit of Rs 2.1 crore. During the quarter ended September 2025, the company reported a staggering Other Expenses of Rs 91 crore, which significantly weighed down its profitability.

GVP​‍​‌‍​‍‌​‍​‌‍​‍‌ Infotech Limited is an Indian IT and infrastructure services company that provides end-to-end solutions in IT, ITeS, telecom, and system integration. Its service portfolio includes IT infrastructure deployment, cybersecurity, network and IoT solutions, document management, digitisation, manpower deployment, and project management. The company serves government and enterprise clients.

Besides, the company is actively involved in e-governance and outsourcing activities like Aadhaar enrolment, citizen service centres, and customer support operations, in addition to financial analysis and audit-related services. It was known as Fourth Dimension Solutions Limited before, was incorporated in 2011, changed its name in July 2023, and is located in New ​‍​‌‍​‍‌​‍​‌‍​‍‌Delhi.

Written by Satyajeet Mukherjee

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