About Asiapay (India) Private Limited
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Asiapay (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Asiapay Group Holding Limited. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 23 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC221150. Its GSTIN is 27AAJCA8147L1Z6 (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.07 Cr. It is led by directors including Dhawal Bharat Ghiya (Whole-Time Director) and Joseph Wing Cheung Chan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 906 Kanakia Wallstreet Chakala Andheri – Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.18 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹52.47 Lakh (net margin -44.4%) and EBITDA of -₹51.25 Lakh (EBITDA margin -43.4%). Revenue has grown at a compounded annual rate (CAGR) of 261% over three years and 66% over five years.
Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹71.6 Lakh; the latest was in April 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paydollar.in.
Company details
Contact details
Asiapay (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is paydollar.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB – 906 Kanakia Wallstreet Chakala Andheri – Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Asiapay (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Asiapay (India) is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Asiapay (India) Private Limited, buy the company report.
Financials of Asiapay (India) Private Limited
FY 2026 filings availableAsiapay (India) Private Limited reported revenue of ₹1.18 Cr (up 4% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 4% growth in the latest year. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.18 Cr | ||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹51.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52.47 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -43.4% | ||||
| Net Profit Margin | -44.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Asiapay (India) Private Limited, buy the company report.
Board of directors of Asiapay (India) Private Limited
Asiapay (India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhawal Bharat Ghiya | Whole-Time Director | 01 Jun 2020 | 6 Years 5 Months | Current |
| Joseph Wing Cheung Chan | Director | 23 Aug 2011 | 15 Years 2 Months | Current |
| Toi Lai Fanda Choi | Director | 23 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Asiapay (India) Private Limited is audited by P H Pandhare & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P H Pandhare & Associates | FY 2026 | 140045W |
Shareholding
The shareholding of Asiapay (India) Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asiapay (India) Private Limited, buy the company report.
Deals & funding
Asiapay (India) Private Limited has 6 deals on record (4 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹71.6 Lakh; the latest was in April 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Rights issue | ₹1.84 Cr | Investors: AsiaPay Group Holdings Limited |
| Aug 2015 | Rights issue | ₹1.31 Cr | Investors: AsiaPay Group Holdings Limited |
| Dec 2014 | Rights issue | ₹74.5 Lakh | Investors: AsiaPay Group Holdings Limited |
| Sep 2013 | Funding round | ₹71.6 Lakh | Investors: AsiaPay Group Holdings Limited |
| Apr 2012 | Rights issue | ₹88.6 Lakh | Investors: AsiaPay Group Holdings Limited |
To see the full deal history of Asiapay (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asiapay (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Municipal Corporation K/ East Mumbai | Disposed |
To see the full case history of Asiapay (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asiapay (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asiapay (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA8147L1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asiapay (India) Private Limited, buy the company report.
Recent activity
Asiapay (India) Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Dhawal Bharat Ghiya ceased to be Director on 24 Nov 2020.
Frequently asked questions
Asiapay (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 23 August 2011 (15+ years old) and is registered under CIN U74120MH2011PTC221150.
Asiapay (India) has 3 current directors:
- Dhawal Bharat Ghiya - Whole-Time Director
- Joseph Wing Cheung Chan - Director
- Toi Lai Fanda Choi - Director
The latest financial statements of Asiapay (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asiapay (India) is 27AAJCA8147L1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asiapay (India) is U74120MH2011PTC221150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asiapay (India) has 1 court case on record: 1 filed against it.
Asiapay (India) was incorporated on 23 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Asiapay (India) has 6 deals on record (4 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹71.6 Lakh; the latest was in April 2017.
Dhawal Bharat Ghiya ceased to be Director on 24 Nov 2020. Dhawal Bharat Ghiya was appointed as Whole-Time Director on 01 Jun 2020. Rohit Narendra Lohade ceased to be Director on 01 Jun 2020. Asiapay (India) has 6 board changes on record in total.
Asiapay (India) can be reached through the website paydollar.in. Its registered office is in Mumbai, Maharashtra, India.
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