About Payir Innovation Technologies Private Limited
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Payir Innovation Technologies 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 consultancy services segment of the technology and IT services sector. It was incorporated on 12 March 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052839. The company has 2 GST registrations on record, none of which 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 Shanmugapriya Lakshmanan and Meenakshisundaram Ramanathan.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.102 Maruthi Enclave 7th Cross 1st Main Ramamurthy Nagar, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2017, the company reported a revenue of ₹19,041, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹13,124 (net margin 68.9%) and EBITDA of ₹17,915 (EBITDA margin 94.1%).
The last known website on record is payir.org.
Company details
Contact details
Payir Innovation Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is payir.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.102 Maruthi Enclave 7th Cross 1st Main Ramamurthy Nagar, Bangalore, Karnataka, India – 560016
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Payir Innovation Technologies 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
Financials of Payir Innovation Technologies Private Limited
FY 2017 filings availablePayir Innovation Technologies Private Limited reported revenue of ₹19,041 (down 11% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA rose 39% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹19,041 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹17,915 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹13,124 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 94.1% | ||
| Net Profit Margin | 68.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Payir Innovation Technologies Private Limited, buy the company report.
Board of directors of Payir Innovation Technologies Private Limited
Payir Innovation Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanmugapriya Lakshmanan | Director | 12 Mar 2010 | 16 Years 8 Months | As last reported |
| Meenakshisundaram Ramanathan Also directs: Ibcn Ventures LLP | Director | 12 Mar 2010 | 16 Years 8 Months | As last reported |
Auditor
Payir Innovation Technologies Private Limited is audited by R S Solairaj for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S Solairaj | FY 2017 | 220628 |
Shareholding
The shareholding of Payir Innovation Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Payir Innovation Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payir Innovation Technologies 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 Payir Innovation Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payir Innovation Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Payir Innovation Technologies Private Limited, buy the company report.
Recent activity
Payir Innovation Technologies Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Meenakshisundaram Ramanathan was appointed as Director on 12 Mar 2010.
Frequently asked questions
Payir Innovation Technologies 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.
Payir Innovation Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in consultancy, within the information technology industry. It was incorporated on 12 March 2010 and is registered under CIN U72200KA2010PTC052839. The company has been struck off by the Registrar of Companies and is no longer operational.
Payir Innovation Technologies had 2 directors:
- Shanmugapriya Lakshmanan - Director
- Meenakshisundaram Ramanathan - Director
The CIN (Corporate Identification Number) of Payir Innovation Technologies is U72200KA2010PTC052839. 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 Payir Innovation Technologies is at No.102 Maruthi Enclave 7th Cross 1st Main Ramamurthy Nagar, Bangalore, Karnataka, India – 560016.
Payir Innovation Technologies was incorporated on 12 March 2010. It is registered with the Registrar of Companies, Bangalore.
Payir Innovation Technologies can be reached through the website payir.org. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Payir Innovation Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Payir Innovation Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
Payir Innovation Technologies operated in the information technology industry, in the consultancy segment. It worked in this industry before it was struck off.
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