
About Payex Consulting Services Private Limited
Data last updated:
Payex Consulting Services Private Limited was a private limited company based in Bangalore, Karnataka, 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 software development and support services segment of the technology and IT services sector. It was incorporated on 11 February 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC073566. Its GSTIN is 29AAHCP6655J2ZR (Karnataka). 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 Srinivas Ravi Kumar and Vinutha Srinivas.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No 963 12th Cross 35th Main J P Nagar 1st Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2018, the company reported a revenue of ₹13.85 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹7.57 Lakh (net margin -54.7%) and EBITDA of -₹6.23 Lakh (EBITDA margin -45%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The last known website on record is payexonline.in.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 963 12th Cross 35th Main J P Nagar 1st Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Software Development & Support Services
- 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
Business Activity of Payex Consulting Services Private Limited
The main business activity of Payex Consulting Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Payex Consulting Services Private Limited FY 2018 filings available
Payex Consulting Services Private Limited reported revenue of ₹13.85 Lakh (down 16% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Payex Consulting Services Private Limited
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 273% 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 of Payex Consulting Services Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹6.23 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.57 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 Payex Consulting Services Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -45% | •••• | •••• | •••• |
| Net Profit Margin | -54.7% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Payex Consulting Services are in the company report.
Financial statements from 2015
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.
Peer Comparison of Payex Consulting Services Private Limited
Payex Consulting Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Consulting Services, Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.S Management Services Private Limited | ₹13.87 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Stellar Public Relations Private Limited | ₹13.86 Lakh (FY 2022) | •••• | •••• | 3860.0% | •••• | Pune, Maharashtra, India |
| Everrise Consultants Private Limited | ₹13.85 Lakh (FY 2019) | •••• | •••• | 63.0% | •••• | Kolkata, West Bengal, India |
| Trinc Softake Solution Private Limited | ₹13.85 Lakh (FY 2025) | •••• | •••• | 84.0% | •••• | Ahmedabad, Gujarat, India |
| Wemen Financial Services Private Limited | ₹13.85 Lakh (FY 2025) | •••• | •••• | 49.0% | •••• | Delhi, India |
| Payex Consulting Services Private Limited this company | ₹13.85 Lakh (FY 2018) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Litcode Private Limited | ₹13.85 Lakh (FY 2024) | •••• | •••• | 35.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Brooklyn Fincon Private Limited | ₹13.84 Lakh (FY 2025) | •••• | •••• | 177.0% | •••• | Delhi, India |
| Harikirpa Hightech Private Limited | ₹13.84 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Green Cardamom Kissan Private Limited | ₹13.83 Lakh (FY 2019) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Gemm Consulting Services Private Limited | ₹13.82 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Payex Consulting Services by revenue in the Information Technology industry (Consulting Services, Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Payex Consulting Services Private Limited
Auditor information for Payex Consulting Services Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Payex Consulting Services Private Limited
Payex Consulting Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Ravi Kumar | Director | 11 Feb 2014 | 12 Years 7 Months | As last reported |
| Vinutha Srinivas | Director | 01 Oct 2014 | 12 Years 0 Months | As last reported |
Ownership and Shareholding of Payex Consulting Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Payex Consulting Services Private Limited
Payex Consulting Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Payex Consulting Services Private Limited
Employment history and EPFO contributions of people linked to Payex Consulting 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 Payex Consulting Services Private Limited
Payex Consulting Services Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Birandurga Satyanarayana Nagasandesh ceased to be Director on 01 Oct 2014.
Credit Ratings, Litigation & Regulatory Alerts for Payex Consulting 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 Payex Consulting 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 Payex Consulting 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 Payex Consulting Services Private Limited
Payex Consulting Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP6655J2ZR | Karnataka | Active | 22 Jul 2017 |
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 Payex Consulting 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 Payex Consulting Services Private Limited
Payex Consulting 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.
Payex Consulting Services was a private limited company based in Bangalore, Karnataka, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 11 February 2014 and is registered under CIN U74900KA2014PTC073566. The company has been struck off by the Registrar of Companies and is no longer operational.
Payex Consulting Services had 2 directors:
- Srinivas Ravi Kumar - Director
- Vinutha Srinivas - Director
The CIN (Corporate Identification Number) of Payex Consulting Services is U74900KA2014PTC073566. 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 Payex Consulting Services is at No 963 12th Cross 35th Main J P Nagar 1st Phase, Bangalore, Karnataka, India – 560078.
Payex Consulting Services was incorporated on 11 February 2014. It is registered with the Registrar of Companies, Bangalore.
Payex Consulting Services can be reached through the website payexonline.in. Its registered office is in Bangalore, Karnataka, India.
Payex Consulting Services reported revenue of ₹13.85 Lakh for FY 2018 (down 16% YoY).
Payex Consulting Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Payex Consulting Services reported a net loss of ₹7.57 Lakh (net margin -54.7%) and EBITDA of -₹6.23 Lakh (EBITDA margin -45%) for FY 2018, as per its filed financial statements.
The GSTIN of Payex Consulting Services is 29AAHCP6655J2ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.