About 1Pay Mobileware Private Limited
Data last updated:
1Pay Mobileware Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 25 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC320148. Its GSTIN is 27AABCZ3186E1Z7 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.67 Cr. It is led by directors including Abhijeet Baldev Sehgal (Whole-Time Director) and Sanjay Madhukar Gaitonde.
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 C – 308 Kanakia Zillion Lbs Marg BKC Annexe Kurla West, Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.05 Cr, a growth of 120% compared to the previous year. For the same year it recorded a net profit of ₹6.13 Cr (net margin 10.9%) and EBITDA of ₹8.68 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh on record. The company has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in March 2023. Its 10 peer companies in the BFSI industry (Payment Gateways, Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Accelyst Solutions Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 1pay.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 308 Kanakia Zillion Lbs Marg BKC Annexe Kurla West, Mumbai, Maharashtra, India – 400070
- IndustryFinancial Services, Online Payment Gateways, 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
Business Activity of 1Pay Mobileware Private Limited
The main business activity of 1Pay Mobileware is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of 1Pay Mobileware Private Limited FY 2024 filings available
1Pay Mobileware Private Limited reported revenue of ₹56.05 Cr (up 120% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of 1Pay Mobileware Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 94% over three years, including 120% 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 of 1Pay Mobileware Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹8.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.13 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 of 1Pay Mobileware Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.9% | •••• | •••• | •••• | •••• |
| 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 1Pay Mobileware are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of 1Pay Mobileware Private Limited
1Pay Mobileware Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Gateways, Payment Solution Providers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accelyst Solutions Private Limited | •••• | •••• | •••• | •••• | 139 | Mumbai, Maharashtra, India |
| Payripe Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ballabgarh, Haryana, India |
| Payworld Digital Services Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| Maximus Infoware (India) Private Limited | •••• | •••• | •••• | •••• | 189 | Thane, Maharashtra, India |
| Vodafone Idea Next-Gen Solutions Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| 1Pay Mobileware Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Burhani E-Commerce Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Arteria Technologies Private Limited | •••• | •••• | •••• | •••• | 191 | Bangalore, Karnataka, India |
| Futuretek Commerce Private Limited | •••• | •••• | •••• | •••• | 250 | Jaipur, Rajasthan, India |
| Nkpays Private Limited | •••• | •••• | •••• | •••• | - | Titabar, Assam, India |
| Ezypay Online Services Private Limited | •••• | •••• | •••• | •••• | 25 | Asansol, West Bengal, India |
Peers are the five companies nearest above and the five nearest below 1Pay Mobileware by revenue in the BFSI industry (Payment Gateways, Payment Solution Providers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of 1Pay Mobileware Private Limited
1Pay Mobileware Private Limited is audited by KAUSHAL MANISH AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAUSHAL MANISH AND COMPANY | 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.
Board of Directors of 1Pay Mobileware Private Limited
1Pay Mobileware has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Madhukar Gaitonde | Director | 25 Jan 2019 | 7 Years 8 Months | Current |
| Sanjiv Harshad Shah Also directs: Ignite Platforms LLP, Simplified Financial Solutions Private Limited, Onefin Technology Solutions Private Limited and 1 more | Director | 25 Jan 2019 | 7 Years 8 Months | Current |
| Abhijeet Baldev Sehgal Also directs: Onefin Technology Solutions Private Limited | Whole-Time Director | 14 Mar 2020 | 6 Years 6 Months | Current |
Ownership and Shareholding of 1Pay Mobileware 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 1Pay Mobileware Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Aug 2023 | Indian Bank | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of 1Pay Mobileware Private Limited
1Pay Mobileware Private Limited has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in March 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | ₹10 Cr | Investors: Ashmavir Financial Consultants Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Rights issue | ₹16.5 Cr | Investors: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at 1Pay Mobileware Private Limited
1Pay Mobileware Private Limited has a workforce of 60 employees as of Mar 30, 2024.
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 1Pay Mobileware Private Limited
1Pay Mobileware Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Abhijeet Baldev Sehgal was appointed as Whole-Time Director on 14 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for 1Pay Mobileware 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 1Pay Mobileware 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 1Pay Mobileware 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 1Pay Mobileware Private Limited
1Pay Mobileware has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCZ3186E1Z7 | Maharashtra | Active | 01 Oct 2019 |
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 1Pay Mobileware 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 1Pay Mobileware Private Limited
1Pay Mobileware is an active private limited company based in Mumbai, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 25 January 2019 (7+ years old) and is registered under CIN U74999MH2019PTC320148.
1Pay Mobileware reported revenue of ₹56.05 Cr for FY 2024 (up 120% YoY).
1Pay Mobileware has 3 current directors:
- Abhijeet Baldev Sehgal - Whole-Time Director
- Sanjay Madhukar Gaitonde - Director
- Sanjiv Harshad Shah - Director
1Pay Mobileware reported a net profit of ₹6.13 Cr (net margin 10.9%) and EBITDA of ₹8.68 Cr (EBITDA margin 15.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of 1Pay Mobileware is 94% over three years. In the latest year (FY 2024) revenue rose 120%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of 1Pay Mobileware is 27AABCZ3186E1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of 1Pay Mobileware is U74999MH2019PTC320148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
1Pay Mobileware was incorporated on 25 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
1Pay Mobileware has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in March 2023.
The peers of 1Pay Mobileware by revenue are Accelyst Solutions Private Limited, Payripe Solutions Private Limited, Payworld Digital Services Private Limited, Maximus Infoware (India) Private Limited, Vodafone Idea Next-Gen Solutions Limited and 5 more, all in the BFSI industry (Payment Gateways, Payment Solution Providers).
Abhijeet Baldev Sehgal was appointed as Whole-Time Director on 14 Mar 2020. Sanjay Madhukar Gaitonde was appointed as Director on 25 Jan 2019. Sanjiv Harshad Shah was appointed as Director on 25 Jan 2019.