About Raha Payment Solutions Private Limited
Data last updated:
Raha Payment Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Kothari Payment Solutions Private Limited. 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 digital payment solutions segment of the financial services sector. It was incorporated on 28 July 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2014PTC256698. Its GSTIN is 27AAGCR9898E1ZN (Maharashtra). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5.02 Cr and a paid-up capital of ₹4.73 Cr. It was led by directors Parvinchand Narindernath Sehgal and Gaurav Sehgal.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 115 Plot – 115/121 Bullion House Mumbadevi Road Tambakata Pydhonie, Mumbai, Maharashtra, India – 400003.
Court records list 10 cases involving the company, including 4 filed against it.
The last known website on record is rahapayment.com.
CIN History of Raha Payment Solutions Private Limited
Raha Payment Solutions has one previous CIN (Corporate Identification Number): U72900MH2014PTC256698. The current CIN is U51100MH2014PTC256698, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH2014PTC256698 | Current |
| U72900MH2014PTC256698 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address115 Plot – 115/121 Bullion House Mumbadevi Road Tambakata Pydhonie, Mumbai, Maharashtra, India – 400003
- IndustryFinancial Services, Digital Payment Solutions
- 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
Financials of Raha Payment Solutions Private Limited FY 2022 filings available
Financial Statement Summary of Raha Payment Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Raha Payment Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Raha Payment Solutions 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.
Board of Directors of Raha Payment Solutions Private Limited
Raha Payment Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parvinchand Narindernath Sehgal | Director | 08 Nov 2021 | 4 Years 11 Months | As last reported |
| Gaurav Sehgal | Director | 08 Nov 2021 | 4 Years 11 Months | As last reported |
Auditor Details of Raha Payment Solutions Private Limited
Raha Payment Solutions Private Limited is audited by Suresh Choudhary & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Suresh Choudhary & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Raha Payment Solutions 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 Raha Payment Solutions Private Limited
Raha Payment Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Raha Payment Solutions Private Limited
Raha Payment Solutions Private Limited has 10 court cases on record: 4 filed against it, 6 where it is another party. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 4 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Company is another party | Disposed |
| District court, RAMGARH, Jharkhand | Court case (Original Suit) | Company is another party | Disposed |
| District court, RAMGARH, Jharkhand | Court case (Original Suit) | Company is another party | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Raha Payment Solutions Private Limited
Employment history and EPFO contributions of people linked to Raha Payment Solutions.
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 Raha Payment Solutions Private Limited
Raha Payment Solutions Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Abhishek Bhanwarlal Bafna ceased to be Director on 20 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Raha Payment Solutions 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 Raha Payment Solutions 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 Raha Payment Solutions 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 Raha Payment Solutions Private Limited
Raha Payment Solutions has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR9898E1ZN | Maharashtra | Active | 01 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 Raha Payment Solutions 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 Raha Payment Solutions Private Limited
Raha Payment Solutions 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.
Raha Payment Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in digital payment solutions, within the financial services industry. It was incorporated on 28 July 2014 and is registered under CIN U51100MH2014PTC256698. The company has been struck off by the Registrar of Companies and is no longer operational.
Raha Payment Solutions had 2 directors:
- Parvinchand Narindernath Sehgal - Director
- Gaurav Sehgal - Director
The CIN (Corporate Identification Number) of Raha Payment Solutions is U51100MH2014PTC256698. 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 Raha Payment Solutions is at 115 Plot – 115121 Bullion House Mumbadevi Road Tambakata Pydhonie, Mumbai, Maharashtra, India – 400003.
Raha Payment Solutions was incorporated on 28 July 2014. It is registered with the Registrar of Companies, Mumbai.
Raha Payment Solutions can be reached through the website rahapayment.com. Its registered office is in Mumbai, Maharashtra, India.
Raha Payment Solutions has an authorised share capital of ₹5.02 Cr and a paid-up capital of ₹4.73 Cr.
The GSTIN of Raha Payment Solutions is 27AAGCR9898E1ZN, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
Raha Payment Solutions operated in the financial services industry, in the digital payment solutions segment. It worked in this industry before it was struck off.