Payabhi Payments Private Limited
About Payabhi Payments Private Limited
Data last updated:
Payabhi Payments Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Paymark Payment Technologies & Services Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 02 February 2021.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2021PTC242889. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Avishek Roy and Arjun Banerjee.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1/425 Gariahat Road Jodhpur Park, Kolkata, West Bengal, India – 700068.
As per the financials filed for FY 2022, the company reported a revenue of ₹27.28 Cr. For the same year it recorded a net loss of ₹18.64 Lakh (net margin -0.7%) and EBITDA of -₹14.7 Lakh (EBITDA margin -0.5%).
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Company details
Contact details
Payabhi Payments Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1/425 Gariahat Road Jodhpur Park, Kolkata, West Bengal, India – 700068
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Payabhi Payments 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 Payabhi Payments is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Payabhi Payments Private Limited, buy the company report.
Financials of Payabhi Payments Private Limited
FY 2022 filings availablePayabhi Payments Private Limited reported revenue of ₹27.28 Cr for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹27.28 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹14.7 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹18.64 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.5% | |
| Net Profit Margin | -0.7% | |
| 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 | ||
To see the full financial statements and ratios of Payabhi Payments Private Limited, buy the company report.
Board of directors of Payabhi Payments Private Limited
Payabhi Payments 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 |
|---|---|---|---|---|
| Avishek Roy | Director | 04 Dec 2023 | 2 Years 11 Months | As last reported |
| Arjun Banerjee | Director | 09 Jun 2024 | 2 Years 5 Months | As last reported |
| Jayanta Ray | Director | 12 Aug 2022 | 4 Years 3 Months | As last reported |
Auditor
Payabhi Payments Private Limited is audited by AMITKUMARAGARWALLA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMITKUMARAGARWALLA | FY 2022 | 068371 |
Shareholding
The shareholding of Payabhi Payments Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Payabhi Payments Private Limited, buy the company report.
Legal cases
Payabhi Payments Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kaithal, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Payabhi Payments 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 Payabhi Payments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payabhi Payments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Payabhi Payments Private Limited, buy the company report.
Recent activity
Payabhi Payments Private Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Arjun Banerjee was appointed as Director on 09 Jun 2024.
Frequently asked questions
Payabhi Payments is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Payabhi Payments is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 02 February 2021 and is registered under CIN U72900WB2021PTC242889. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Payabhi Payments has 3 current directors:
- Avishek Roy - Director
- Arjun Banerjee - Director
- Jayanta Ray - Director
The latest financial statements of Payabhi Payments on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 December 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Payabhi Payments is U72900WB2021PTC242889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payabhi Payments has 2 court cases on record: 2 filed against it. 2 are pending.
Payabhi Payments was incorporated on 02 February 2021. It is registered with the Registrar of Companies, Kolkata.
Arjun Banerjee was appointed as Director on 09 Jun 2024. Avishek Roy was appointed as Director on 04 Dec 2023. Suman . Banerjee ceased to be Director on 04 Dec 2023. Payabhi Payments has 7 board changes on record in total.
The registered office of Payabhi Payments is at 1425 Gariahat Road Jodhpur Park, Kolkata, West Bengal, India – 700068.
No. Payabhi Payments has 1 GST registration on record and it is cancelled or inactive.
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