About My Pay Store Private Limited
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My Pay Store Private Limited is a private limited company based in Gondal, Gujarat, India. It operates in the mobile value-added services (vas) segment of the telecommunications sector. It was incorporated on 19 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC093419. Its GSTIN is 24AAKCM5232F1ZO (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vithalbhai Kanjibhai Raddiya and Priteshkumar Vitthalbhai Radadiya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gondal, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹658.92 Cr, a growth of 125% compared to the previous year. For the same year it recorded a net profit of ₹48.11 Lakh (net margin 0.1%) and EBITDA of ₹67.19 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 39% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mypaystore.com.
Company details
Contact details
My Pay Store Private Limited's registered office is in Gondal, Gujarat. Its website is mypaystore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSecond Floor Shop No. 173, Vikran Singh Jee Complex, Gondal, Gujarat, India – 360311
- IndustryTelecom, Mobile Value-Added Services (VAS)
To see the full contact details of My Pay Store 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 My Pay Store is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of My Pay Store Private Limited, buy the company report.
Financials of My Pay Store Private Limited
FY 2024 filings availableMy Pay Store Private Limited reported revenue of ₹658.92 Cr (up 125% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 125% growth in the latest year. EBITDA rose 370% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹67.19 Lakh | ||||
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| Net Profit (PAT) | ₹48.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of My Pay Store Private Limited, buy the company report.
Board of directors of My Pay Store Private Limited
My Pay Store has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vithalbhai Kanjibhai Raddiya Also directs: Madhav Agritech Private Limited | Director | 19 Aug 2016 | 10 Years 2 Months | Current |
| Priteshkumar Vitthalbhai Radadiya Also directs: MPS Easy Private Limited | Director | 19 Aug 2016 | 10 Years 2 Months | Current |
| Vishal Vithalbhai Radadiya Also directs: MPS Easy Private Limited, Madhav Agritech Private Limited | Director | 19 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
My Pay Store Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| My Mobile Payments Limited | ₹680.09 Cr (FY 2017) | -31.0% | Mumbai, Maharashtra, India | |||
| My Pay Store Private Limitedthis company | ₹658.92 Cr (FY 2025) | ₹48.11 Lakh | 0.1% | 125.0% | Gondal, Gujarat, India | |
| Better World Technology Private Limited | ₹604.88 Cr (FY 2025) | -33.0% | Mumbai, Maharashtra, India | |||
| Aashi Connect Private Limited | ₹576.1 Cr (FY 2025) | 4.0% | Katni, Madhya Pradesh, India | |||
| Mindsarray Network Private Limited | ₹555.1 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of My Pay Store Private Limited, buy the company report.
Auditor
My Pay Store Private Limited is audited by Vaghasia & Lakhani LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vaghasia & Lakhani LLP | FY 2023 | 134575W/W100138 |
Shareholding
The shareholding of My Pay Store Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of My Pay Store Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving My Pay Store Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for My Pay Store Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
My Pay Store has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM5232F1ZO | Gujarat | Active | 30 Jun 2017 |
To see the full GST registrations and return filing status of My Pay Store Private Limited, buy the company report.
Recent activity
My Pay Store Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Priteshkumar Vitthalbhai Radadiya was appointed as Director on 19 Aug 2016.
Frequently asked questions
My Pay Store is an active private limited company based in Gondal, Gujarat, India. The company works in mobile value-added services (vas), within the telecom industry. It was incorporated on 19 August 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC093419.
My Pay Store has 3 current directors:
- Vithalbhai Kanjibhai Raddiya - Director
- Priteshkumar Vitthalbhai Radadiya - Director
- Vishal Vithalbhai Radadiya - Director
The latest financial statements of My Pay Store on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of My Pay Store is 24AAKCM5232F1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of My Pay Store is U74999GJ2016PTC093419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
My Pay Store was incorporated on 19 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of My Pay Store by revenue are My Mobile Payments Limited, Better World Technology Private Limited, Aashi Connect Private Limited, Mindsarray Network Private Limited, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other information & communication service activities).
Priteshkumar Vitthalbhai Radadiya was appointed as Director on 19 Aug 2016. Vishal Vithalbhai Radadiya was appointed as Director on 19 Aug 2016. Vithalbhai Kanjibhai Raddiya was appointed as Director on 19 Aug 2016.
My Pay Store can be reached through the website mypaystore.com. Its registered office is in Gondal, Gujarat, India.
The registered office of My Pay Store is at Second Floor Shop No. 173, Vikran Singh Jee Complex, Gondal, Gujarat, India – 360311.
My Pay Store operates in the telecom industry, in the mobile value-added services (vas) segment.
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