Right2pay Infotech Private Limited
About Right2pay Infotech Private Limited
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Right2pay Infotech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 03 October 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2022PTC155760.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹8.5 Lakh. It is led by directors Chandramohan Vaikarai Chelvi and Ilavenil.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Old No 45 New No 453 Kamarajar Salai Manali, Chennai, Tamil Nadu, India – 600068.
As per the financials filed for FY 2024, the company reported a revenue of ₹97.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.54 Lakh (net margin -8.7%) and EBITDA of -₹7.53 Lakh (EBITDA margin -7.7%).
Company details
Contact details
Right2pay Infotech Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressOld No 45 New No 453 Kamarajar Salai Manali, Chennai, Tamil Nadu, India – 600068
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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
Business activity
The main business activity of Right2pay Infotech is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Right2pay Infotech Private Limited, buy the company report.
Financials of Right2pay Infotech Private Limited
FY 2024 filings availableRight2pay Infotech Private Limited reported revenue of ₹97.85 Lakh (up 845% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 845% in the latest year. EBITDA fell 40% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹7.53 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹8.54 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -7.7% | |
| Net Profit Margin | -8.7% | |
| 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 | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Right2pay Infotech Private Limited, buy the company report.
Board of directors of Right2pay Infotech Private Limited
Right2pay Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandramohan Vaikarai Chelvi | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
| Ilavenil | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Right2pay Infotech Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goshop Utility & Financial Services Private Limited | ₹1.02 Cr (FY 2025) | -77.0% | Ghaziabad, Uttar Pradesh, India | |||
| Right2pay Infotech Private Limitedthis company | ₹97.85 Lakh (FY 2024) | -₹8.54 Lakh | -8.7% | 845.0% | Chennai, Tamil Nadu, India | |
| Zambo Technology India Private Limited | ₹97.84 Lakh (FY 2025) | -75.0% | Lucknow, Uttar Pradesh, India | |||
| Pro-Money Pay Solution Private Limited | ₹95.64 Lakh (FY 2024) | -27.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Right2pay Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Right2pay Infotech 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 Right2pay Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Right2pay Infotech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Right2pay Infotech Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Chandramohan Vaikarai Chelvi was appointed as Director on 03 Oct 2022.
Frequently asked questions
Right2pay Infotech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 03 October 2022 (4+ years old) and is registered under CIN U67190TN2022PTC155760.
Right2pay Infotech has 2 current directors:
- Chandramohan Vaikarai Chelvi - Director
- Ilavenil - Director
The latest financial statements of Right2pay Infotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Right2pay Infotech is U67190TN2022PTC155760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Right2pay Infotech was incorporated on 03 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Right2pay Infotech by revenue are Goshop Utility & Financial Services Private Limited, Zambo Technology India Private Limited, Pro-Money Pay Solution Private Limited, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities).
Chandramohan Vaikarai Chelvi was appointed as Director on 03 Oct 2022. Ilavenil was appointed as Director on 03 Oct 2022.
The registered office of Right2pay Infotech is at Old No 45 New No 453 Kamarajar Salai Manali, Chennai, Tamil Nadu, India – 600068.
Right2pay Infotech operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Right2pay Infotech can be reached at its registered office: Old No 45 New No 453 Kamarajar Salai Manali, Chennai, Tamil Nadu, India – 600068.
Right2pay Infotech is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
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