Payal Financial Services Private Limited
About Payal Financial Services Private Limited
Data last updated:
Payal Financial Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 23 January 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH1996PTC096554. Its GSTIN is 27AAACP7712M2Z4 (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Naren Vallabhdas Sheth and Darshana Naren Sheth.
Its last annual general meeting (AGM) was held on 17 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 1014 Prasad Chamber Tata Road No.1 Operahouse, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2018, the company reported a revenue of ₹71.4 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Lakh (net margin 1.5%) and EBITDA of ₹1.87 Lakh (EBITDA margin 2.6%).
Company details
Contact details
Payal Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1014 Prasad Chamber Tata Road No.1 Operahouse, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Financial Activities
To see the full contact details of Payal Financial Services 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 Payal Financial Services 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 Payal Financial Services Private Limited, buy the company report.
Financials of Payal Financial Services Private Limited
FY 2018 filings availablePayal Financial Services Private Limited reported revenue of ₹71.4 Lakh (up 49% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 49% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1.87 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.08 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.6% | |||
| Net Profit Margin | 1.5% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Payal Financial Services Private Limited, buy the company report.
Board of directors of Payal Financial Services Private Limited
Payal Financial Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naren Vallabhdas Sheth Also directs: Integritas Corporate Solutions LLP | Director | 23 Jan 1996 | 30 Years 9 Months | As last reported |
| Darshana Naren Sheth Also directs: Integritas Corporate Solutions LLP | Director | 23 Jan 1996 | 30 Years 9 Months | As last reported |
Peer comparison
Payal Financial Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nallabothula Chits India Private Limited | ₹71.47 Lakh (FY 2022) | 52.0% | Proddatur, Andhra Pradesh, India | |||
| Delta Leasing and Finance Limited | ₹71.46 Lakh (FY 2019) | -40.0% | Delhi, India | |||
| NMM Investments Private Limited | ₹71.45 Lakh (FY 2025) | 353.0% | Nagpur, Maharashtra, India | |||
| Panruti Nidhi Limited | ₹71.43 Lakh (FY 2024) | -3.0% | Panruti, Tamil Nadu, India | |||
| Dataprints Services Private Limited | ₹71.42 Lakh (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Payal Financial Services Private Limitedthis company | ₹71.4 Lakh (FY 2018) | ₹1.08 Lakh | 1.5% | 49.0% | Mumbai, Maharashtra, India | |
| Axio Capital Private Limited | ₹71.4 Lakh (FY 2024) | 367.0% | Bengaluru, Karnataka, India | |||
| Sakshi Enclave Private Limited. | ₹71.36 Lakh (FY 2025) | 99.0% | Kolkata, West Bengal, India | |||
| Gagret Micro Services Foundation | ₹71.35 Lakh (FY 2025) | -9.0% | Una, Himachal Pradesh, India | |||
| Mandamarri Sri Ram Chit Funds Private Limited | ₹71.34 Lakh (FY 2025) | -4.0% | Mandamarri, Telangana, India | |||
| Overseas Corporate & Finser Limited | ₹71.3 Lakh (FY 2016) | 1619.0% | New Delhi, Delhi, India |
To see the full peer comparison of Payal Financial Services Private Limited, buy the company report.
Auditor
Payal Financial Services Private Limited is audited by RAHUL GANDHI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL GANDHI | FY 2017 | RAHUL GANDHI & CO. |
Shareholding
The shareholding of Payal Financial Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Payal Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payal Financial Services 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 Payal Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payal Financial Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP7712M2Z4 | Maharashtra | Active | 28 Jun 2017 |
To see the full GST registrations and return filing status of Payal Financial Services Private Limited, buy the company report.
Recent activity
Payal Financial Services Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Darshana Naren Sheth was appointed as Director on 23 Jan 1996.
Frequently asked questions
Payal Financial Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Payal Financial Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 23 January 1996 and is registered under CIN U65923MH1996PTC096554. The company has been struck off by the Registrar of Companies and is no longer operational.
Payal Financial Services had 2 directors:
- Naren Vallabhdas Sheth - Director
- Darshana Naren Sheth - Director
The CIN (Corporate Identification Number) of Payal Financial Services is U65923MH1996PTC096554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Payal Financial Services is at 1014 Prasad Chamber Tata Road No.1 Operahouse, Mumbai, Maharashtra, India – 400004.
Payal Financial Services was incorporated on 23 January 1996. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Payal Financial Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 17 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Payal Financial Services is 27AAACP7712M2Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Payal Financial Services operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Payal Financial Services by revenue are Nallabothula Chits India Private Limited, Delta Leasing and Finance Limited, NMM Investments Private Limited, Panruti Nidhi Limited, Dataprints Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Darshana Naren Sheth was appointed as Director on 23 Jan 1996. Naren Vallabhdas Sheth was appointed as Director on 23 Jan 1996.
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