About Asspay Digital Services Private Limited
Data last updated:
Asspay Digital Services Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 29 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR2020PTC034644. Its GSTIN is 21AAUCA2990C1ZR (Odisha).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abinash Sahoo and Sanatan Kumar Swain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No 113/3076 Room No – 101 1st Floor Patrapada Near Mahalaxmi Cold Storage, Bhubaneswar, Odisha, India – 751019.
As per the financials filed for FY 2022, the company reported a revenue of ₹155.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.91 Lakh (net margin 0.1%) and EBITDA of ₹31.54 Lakh (EBITDA margin 0.2%).
The company is associated with 1 brand: Asspay Digital Services.
For more details, the company can be reached via its website asspay.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No 113/3076 Room No – 101 1st Floor Patrapada Near Mahalaxmi Cold Storage, Bhubaneswar, Odisha, India – 751019
- IndustryFinancial Services, Digital Payment Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Asspay Digital Services Private Limited
Asspay Digital Services operates one associated brand: Asspay Digital Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A platform delivering digital payment services for businesses. | asspay.in |
Business Activity of Asspay Digital Services Private Limited
The main business activity of Asspay Digital Services is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Asspay Digital Services Private Limited FY 2022 filings available
Asspay Digital Services Private Limited reported revenue of ₹155.79 Cr (up 153% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Asspay Digital Services Private Limited
Revenue rose 153% in the latest year. EBITDA rose 436% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Asspay Digital Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹31.54 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹10.91 Lakh | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Asspay Digital Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.2% | •••• |
| Net Profit Margin | 0.1% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asspay Digital Services are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Asspay Digital Services Private Limited
Asspay Digital Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abinash Sahoo | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
| Sanatan Kumar Swain | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
Peer Comparison of Asspay Digital Services Private Limited
Asspay Digital Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NTT Data Payment Services India Private Limited | ₹166.58 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| Iserveu Technology Private Limited | ₹165.5 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Bhubaneswar, Odisha, India |
| Npci Bharat Billpay Limited | ₹164.89 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Mumbai, Maharashtra, India |
| Vsoft Technologies Private Limited | ₹160.82 Cr (FY 2020) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
| I Money Pay Private Limited | ₹158.74 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Delhi, India |
| Asspay Digital Services Private Limited this company | ₹155.79 Cr (FY 2022) | •••• | •••• | 153.0% | •••• | Bhubaneswar, Odisha, India |
| Sri Samarth Utility Services Private Limited | ₹154.25 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Ahmedabad, Gujarat, India |
| Opus Solutions Private Limited | ₹151.66 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| Findi India Limited | ₹151.05 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Global Payments Asia-Pacific India Private Limited | ₹149.5 Cr (FY 2025) | •••• | •••• | 135.0% | •••• | Mumbai, Maharashtra, India |
| Tapits Technologies Private Limited | ₹148.21 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Asspay Digital Services by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Asspay Digital Services Private Limited
Asspay Digital Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asspay Digital Services Private Limited
Employment history and EPFO contributions of people linked to Asspay Digital Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asspay Digital Services Private Limited
Asspay Digital Services Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Abinash Sahoo was appointed as Director on 29 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts for Asspay Digital Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asspay Digital Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asspay Digital Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asspay Digital Services Private Limited
Asspay Digital Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAUCA2990C1ZR | Odisha | Active | 04 Dec 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asspay Digital Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asspay Digital Services Private Limited
Asspay Digital Services is an active private limited company based in Bhubaneswar, Odisha, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 29 October 2020 (6+ years old) and is registered under CIN U51909OR2020PTC034644.
Asspay Digital Services reported revenue of ₹155.79 Cr for FY 2022 (up 153% YoY).
Asspay Digital Services has 2 current directors:
- Abinash Sahoo - Director
- Sanatan Kumar Swain - Director
Asspay Digital Services reported a net profit of ₹10.91 Lakh (net margin 0.1%) and EBITDA of ₹31.54 Lakh (EBITDA margin 0.2%) for FY 2022, as per its filed financial statements.
The GSTIN of Asspay Digital Services is 21AAUCA2990C1ZR, registered in Odisha.
The CIN (Corporate Identification Number) of Asspay Digital Services is U51909OR2020PTC034644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asspay Digital Services was incorporated on 29 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Asspay Digital Services by revenue are NTT Data Payment Services India Private Limited, Iserveu Technology Private Limited, Npci Bharat Billpay Limited, Vsoft Technologies Private Limited, I Money Pay Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Abinash Sahoo was appointed as Director on 29 Oct 2020. Sanatan Kumar Swain was appointed as Director on 29 Oct 2020.
Asspay Digital Services can be reached through the website asspay.in. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Asspay Digital Services is at Plot No 1133076 Room No – 101 1st Floor Patrapada Near Mahalaxmi Cold Storage, Bhubaneswar, Odisha, India – 751019.