
Simplepay Finance Private Limited
About Simplepay Finance Private Limited
Data last updated:
Simplepay Finance Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 20 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U65990HR1995PTC122306. Its GSTIN is 29AABCM2426J1ZG (Karnataka).
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.68 Cr. It is led by directors Tekkar Yashwanth Prabhu and Belavinakodige Madhu Subramanya.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10th Floor Good Earth Business Bay 1, Sector 58 Behrampur Sector 59 Good Earth Business Bay 1 Sector 58 Gurgaon Haryana, Haryana, India – 122102.
As per the financials filed for FY 2023, the company reported a revenue of ₹70.11 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -171.1%) and EBITDA of -₹55.09 Lakh (EBITDA margin -78.6%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 26% over five years.
Court records list 62 cases involving the company, including 62 filed by the company; 43 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Simplepay Finance has one previous CIN (Corporate Identification Number): U65990MH1995PTC095527. The current CIN is U65990HR1995PTC122306, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990HR1995PTC122306 | Current |
| U65990MH1995PTC095527 | Previous |
Contact details
Simplepay Finance Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10th Floor Good Earth Business Bay 1, Sector 58 Behrampur Sector 59 Good Earth Business Bay 1 Sector 58 Gurgaon Haryana, Haryana, India – 122102
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Simplepay Finance 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 Simplepay Finance Private Limited
FY 2025 filings availableSimplepay Finance Private Limited reported revenue of ₹70.11 Lakh (up 349% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 349% growth 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 | |||||
| Other Income | |||||
| Total Revenue | ₹70.11 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹55.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.2 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -78.6% | ||||
| Net Profit Margin | -171.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Simplepay Finance Private Limited, buy the company report.
Board of directors of Simplepay Finance Private Limited
Simplepay Finance 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 |
|---|---|---|---|---|
| Tekkar Yashwanth Prabhu Also directs: Natural Capsules Limited, Natural Biogenex Private Limited, Vridhi Finserv Home Finance Limited and 2 more | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
| Belavinakodige Madhu Subramanya Also directs: Manipal Thomas Greg Press Private Limited, Canara Security Press Limited, Zeta Infotech Private Limited and 3 more | Director | 04 Jan 2021 | 5 Years 10 Months | Current |
Auditor
Simplepay Finance Private Limited is audited by PAI NAYAK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAI NAYAK & ASSOCIATES | FY 2023 | 009090S |
Shareholding
The shareholding of Simplepay Finance 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 Simplepay Finance Private Limited, buy the company report.
Legal cases
Simplepay Finance Private Limited has 62 court cases on record: 62 filed by Simplepay Finance. 43 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 0 | 43 |
| High courts | 15 | 0 | 0 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Simplepay Finance 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 Simplepay Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Simplepay Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM2426J1ZG | Karnataka | Active | 23 Apr 2021 |
To see the full GST registrations and return filing status of Simplepay Finance Private Limited, buy the company report.
Recent activity
Simplepay Finance Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Belavinakodige Madhu Subramanya ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Simplepay Finance is an active private limited company based in Gurgaon, Haryana, India. The company works in nbfc, within the financial services industry. It was incorporated on 20 December 1995 (31+ years old) and is registered under CIN U65990HR1995PTC122306.
Simplepay Finance has 2 current directors:
- Tekkar Yashwanth Prabhu - Director
- Belavinakodige Madhu Subramanya - Director
The latest financial statements of Simplepay Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Simplepay Finance is 29AABCM2426J1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Simplepay Finance is U65990HR1995PTC122306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simplepay Finance has 62 court cases on record: 62 filed by the company. 43 are pending. Most are in the district courts.
Simplepay Finance was incorporated on 20 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Haryana.
Belavinakodige Madhu Subramanya ceased to be Additional Director on 30 Nov 2021. Rajesh Daulatram Gopalani ceased to be Director on 02 Feb 2021. Belavinakodige Madhu Subramanya was appointed as Director on 04 Jan 2021. Simplepay Finance has 6 board changes on record in total.
The registered office of Simplepay Finance is at 10th Floor Good Earth Business Bay 1, Sector 58 Behrampur Sector 59 Good Earth Business Bay 1 Sector 58 Gurgaon Haryana, Haryana, India – 122102.
Simplepay Finance operates in the financial services industry, in the nbfc segment.

