About Radicalpay Private Limited
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Radicalpay Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Wealthasia Group Holdings Limited. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 18 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2021PTC377180. Its GSTIN is 07AAKCR8062Q1ZI (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.16 Cr. It is led by directors Thomas Ban Kiat Chia and Mohit Chaurasia.
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 Room 203 2 – A/3 Kundan Mansion Asaf Ali Road, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.55 Lakh, a growth of 73% compared to the previous year. For the same year it recorded a net loss of ₹2.1 Cr and EBITDA of -₹2.18 Cr.
The company is associated with 1 brand: Radical Pay.
For more details, the company can be reached via its website radicalpay.in.
Company details
Contact details
Radicalpay Private Limited's registered office is in New Delhi, Delhi. Its website is radicalpay.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoom 203 2 – A/3 Kundan Mansion Asaf Ali Road, New Delhi, Delhi, India – 110002
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Radicalpay 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
Radicalpay operates one associated brand: Radical Pay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of payment gateway solutions for businesses | radicalpay.in |
Financials of Radicalpay Private Limited
FY 2024 filings availableRadicalpay Private Limited reported revenue of ₹1.55 Lakh (up 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 73% in the latest year. EBITDA fell 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.18 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.1 Cr | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Radicalpay Private Limited, buy the company report.
Board of directors of Radicalpay Private Limited
Radicalpay has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas Ban Kiat Chia | Director | 05 May 2021 | 5 Years 5 Months | Current |
| Mohit Chaurasia Also directs: Nationwide Global Services Center Private Limited | Additional Director | 13 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Radicalpay Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Gateways), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Think Money Services Private Limited | ₹2.3 Lakh (FY 2020) | -88.0% | Delhi, India | |||
| Yeldi Softcom Private Limited | ₹2.3 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Mptouch Pay Private Limited | ₹1.9 Lakh (FY 2024) | Satna, Madhya Pradesh, India | ||||
| Ssspay Service Private Limited | ₹1.66 Lakh (FY 2022) | Allahabad, Uttar Pradesh, India | ||||
| Excellent Payments India Private Limited | ₹1.59 Lakh (FY 2025) | 633.0% | Delhi, India | |||
| Radicalpay Private Limitedthis company | ₹1.55 Lakh (FY 2024) | -₹2.1 Cr | 73.0% | New Delhi, Delhi, India | ||
| Essecom Private Limited | ₹1.5 Lakh (FY 2024) | -79.0% | Bangalore, Karnataka, India | |||
| Pesa24 Technology Private Limited | ₹1.49 Lakh (FY 2023) | 647.0% | Mathura, Uttar Pradesh, India | |||
| Y-Cash Software Solutions Private Limited | ₹1.41 Lakh (FY 2019) | 2814900.0% | Bangalore, Karnataka, India | |||
| Gpublicg India Private Limited | ₹1.31 Lakh (FY 2024) | -74.0% | Indore, Madhya Pradesh, India | |||
| Paypermint Private Limited | ₹1.13 Lakh (FY 2022) | -85.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Radicalpay Private Limited, buy the company report.
Auditor
Radicalpay Private Limited is audited by AAJS & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AAJS & Co. | FY 2023 | 031418N |
Shareholding
The shareholding of Radicalpay Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Radicalpay Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Radicalpay 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 Radicalpay Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Radicalpay Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Radicalpay has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCR8062Q1ZI | Delhi | Active | 13 Aug 2021 |
| 09AAKCR8062Q1ZE | Uttar Pradesh | Active | 22 Feb 2022 |
To see the full GST registrations and return filing status of Radicalpay Private Limited, buy the company report.
Recent activity
Radicalpay Private Limited has 10 board changes on record since 2021: 6 appointments and 4 cessations. The latest: Amit Mahesh Bhatia ceased to be Director on 13 Dec 2024.
1 earlier event is in the company report.
Frequently asked questions
Radicalpay is an active private limited company based in New Delhi, Delhi, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 18 February 2021 (5+ years old) and is registered under CIN U72900DL2021PTC377180.
Radicalpay has 2 current directors:
- Thomas Ban Kiat Chia - Director
- Mohit Chaurasia - Additional Director
The latest financial statements of Radicalpay 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 2021 are in the company report.
The GSTIN of Radicalpay is 07AAKCR8062Q1ZI, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAKCR8062Q1ZE (Uttar Pradesh).
The CIN (Corporate Identification Number) of Radicalpay is U72900DL2021PTC377180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radicalpay was incorporated on 18 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Radicalpay by revenue are Think Money Services Private Limited, Yeldi Softcom Private Limited, Mptouch Pay Private Limited, Ssspay Service Private Limited, Excellent Payments India Private Limited and 5 more, all in the BFSI industry (Payment Gateways).
Amit Mahesh Bhatia ceased to be Director on 13 Dec 2024. Mohit Chaurasia was appointed as Additional Director on 13 Dec 2024. Yan Zhang Chua ceased to be Director on 20 Sep 2024. Radicalpay has 10 board changes on record in total.
Radicalpay can be reached through the website radicalpay.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Radicalpay is at Room 203 2 – A3 Kundan Mansion Asaf Ali Road, New Delhi, Delhi, India – 110002.
Radicalpay operates in the financial services industry, in the online payment gateways segment.
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