About Payjo India Private Limited
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Payjo India Private Limited is a private limited company based in Tumkur, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC092531. Its GSTIN is 29AAICP5706H1Z6 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors including Nama Jayakumar Srinivas and Vivek Swaminathan.
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 Punarvuasu 5th Cross Siddaganga Extension, Tumkur, Karnataka, India – 572102.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.7 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net loss of ₹71.84 Lakh (net margin -3.5%) and EBITDA of ₹1.99 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 86% over five years.
The company has about 144 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Interface AI. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payjo.co.
Company details
Contact details
Payjo India Private Limited's registered office is in Tumkur, Karnataka. Its website is payjo.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPunarvuasu 5th Cross Siddaganga Extension, Tumkur, Karnataka, India – 572102
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Payjo India 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
Brands
Payjo India operates one associated brand: Interface AI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Intelligent Virtual Assistants are created via an AI-based platform. | interface.ai |
Financials of Payjo India Private Limited
FY 2024 filings availablePayjo India Private Limited reported revenue of ₹20.7 Cr (up 112% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 86% over five years, including 112% growth in the latest year. EBITDA fell 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹20.7 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹71.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Payjo India Private Limited, buy the company report.
Board of directors of Payjo India Private Limited
Payjo India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Swaminathan Also directs: Interfaceai Private Limited | Additional Director | 22 Aug 2023 | 3 Years 2 Months | Current |
| Nama Jayakumar Srinivas Also directs: Interfaceai Private Limited | Director | 26 Apr 2016 | 10 Years 6 Months | Current |
| Bruce Michael Kim | Additional Director | 28 Dec 2018 | 7 Years 10 Months | Current |
| Nama Sreerangasetty Jayakumar | Additional Director | 25 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Payjo India Private Limited is audited by Prasanna Adiga for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Prasanna Adiga | FY 2023 | 227199 |
Shareholding
The shareholding of Payjo India 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 Payjo India Private Limited, buy the company report.
Legal cases
Payjo India Private Limited has 3 court cases on record: 2 filed by Payjo India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Payjo India 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 Payjo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payjo India Private Limited has a workforce of 144 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Payjo India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP5706H1Z6 | Karnataka | Active | 01 Jul 2017 |
| 29AAFCV3820R2ZM | Karnataka | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Payjo India Private Limited, buy the company report.
Recent activity
Payjo India Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Vivek Swaminathan was appointed as Additional Director on 22 Aug 2023.
News
Frequently asked questions
Payjo India is an active private limited company based in Tumkur, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 26 April 2016 (10+ years old) and is registered under CIN U74999KA2016PTC092531.
Payjo India has 4 current directors:
- Vivek Swaminathan - Additional Director
- Nama Jayakumar Srinivas - Director
- Bruce Michael Kim - Additional Director
- Nama Sreerangasetty Jayakumar - Additional Director
The latest financial statements of Payjo India 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 Payjo India is 29AAICP5706H1Z6, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAFCV3820R2ZM (Karnataka).
The CIN (Corporate Identification Number) of Payjo India is U74999KA2016PTC092531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payjo India has 3 court cases on record: 2 filed by the company and 1 filed against it.
Payjo India was incorporated on 26 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Vivek Swaminathan was appointed as Additional Director on 22 Aug 2023. Nama Sreerangasetty Jayakumar was appointed as Additional Director on 25 Mar 2019. Nama Sreerangasetty Jayakumar ceased to be Director on 11 Jan 2019. Payjo India has 5 board changes on record in total.
Payjo India can be reached through the website payjo.co. Its registered office is in Tumkur, Karnataka, India.
The registered office of Payjo India is at Punarvuasu 5th Cross Siddaganga Extension, Tumkur, Karnataka, India – 572102.
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