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Abcm App Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.22 Lakh
▲ 50% YoY
Net loss · FY 2025
₹2 Cr
Latest filing
EBITDA · FY 2025
-₹1.83 Cr
Latest filing
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹33.48 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Abcm App Private Limited
Data last updated:
Abcm App Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 07 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC319144. Its GSTIN is 27AARCA7578H1ZY (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹33.48 Lakh. It is led by directors including Chirag Rajendrakumar Leuva and Bhupesh Narayan Kapadia.
Its last annual general meeting (AGM) was held on 20 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.22 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹2 Cr and EBITDA of -₹1.83 Cr. Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
The company is associated with 2 brands: waitNpay and Abcmapp. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹2 Cr; the latest was in August 2024. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 2 overdue payments to 1 micro and small supplier.
Abcm App Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0108021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waitnpay.com.
Company details
CIN U72900MH2019PTC319144
Registration Number 319144
Incorporation Date 07 January 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0108021
Key People
Chirag Rajendrakumar Leuva Director Bhupesh Narayan Kapadia Director Pratik Bhaskarbhai Patel Director Recognitions & Rankings of Abcm App
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0108021
Contact details
Abcm App Private Limited's registered office is in Mumbai, Maharashtra. Its website is waitnpay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 342 3rd Floor Ijmima Complex, Off Link Road Mind Space Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Abcm App Private Limited, buy the company report.
Comprehensive company report
Abcm App Private Limited - one report that includes everything
- 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
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Brands
Abcm App operates two associated brands: waitNpay and ABCMAPP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers digital micro-credit payment options to enhance customer financial accessibility. | waitnpay.com | |
| Payment management solutions are provided for businesses via specialized platforms. | abcmapp.com |
Business activity
The main business activity of Abcm App is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Abcm App Private Limited, buy the company report.
Financials of Abcm App Private Limited
FY 2024 filings availableAbcm App Private Limited reported revenue of ₹12.22 Lakh (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹12.22 Lakh ▲ 50%
Net loss · FY 2025
₹2 Cr
EBITDA · FY 2025
-₹1.83 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 143%
3 years · compounded
▼ 99%
Revenue rose 50% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA fell 143% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | |||||
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| 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 Abcm App Private Limited, buy the company report.
Board of directors of Abcm App Private Limited
Abcm App has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Rajendrakumar Leuva | Director | 09 Sep 2024 | 2 Years 2 Months | Current |
| Bhupesh Narayan Kapadia | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Pratik Bhaskarbhai Patel | Director | 09 Sep 2024 | 2 Years 2 Months | Current |
| Santosh Chimanbhai Purabia Also directs: Yudiz Solutions Limited | Director | 07 Jan 2019 | 7 Years 10 Months | Current |
| Bharat Shamjibhai Patel | Director | 09 Sep 2024 | 2 Years 2 Months | Current |
Auditor
Abcm App Private Limited is audited by Pawar Kirtane & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pawar Kirtane & Associates | FY 2023 | 140899W |
Shareholding
The shareholding of Abcm App Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Abcm App Private Limited, buy the company report.
Deals & funding
Abcm App Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹2 Cr; the latest was in August 2024.
Total deals
4
Funding rounds
2
Rights issue
1
Acquisition
1
Disclosed funding
₹2 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Acquisition | ₹6.14 Cr | Buyer: Yudiz Solutions Limited Seller: Fetuz Hatcher Private Limited |
| Mar 2023 | Funding round | ₹74.8 Lakh | Investors: 4 individuals |
| Feb 2022 | Funding round | ₹1.25 Cr | Investors: Fetuz Hatcher Private Limited , 3 individuals |
| Dec 2021 | Rights issue | ₹15 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Abcm App 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
Abcm App Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Abcm App Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Abcm App has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA7578H1ZY | Maharashtra | Active | 09 Dec 2021 |
To see the full GST registrations and return filing status of Abcm App Private Limited, buy the company report.
Recent activity
Abcm App Private Limited has 10 board changes on record since 2019: 5 appointments and 5 cessations. The latest: Bharat Shamjibhai Patel ceased to be Additional Director on 02 Oct 2024.
Ceased
Bharat Shamjibhai Patel ceased to be Additional Director.
Ceased
Chirag Rajendrakumar Leuva ceased to be Additional Director.
Ceased
Pratik Bhaskarbhai Patel ceased to be Additional Director.
Appointed
Bharat Shamjibhai Patel was appointed as Director.
Appointed
Chirag Rajendrakumar Leuva was appointed as Director.
Appointed
Pratik Bhaskarbhai Patel was appointed as Director.
Ceased
Archana Santosh Purabia ceased to be Director.
AGM
Abcm App Private Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
Filing
Abcm App Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Bhupesh Narayan Kapadia ceased to be Additional Director.
Appointed
Bhupesh Narayan Kapadia was appointed as Director.
Appointed
Santosh Chimanbhai Purabia was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Abcm App is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 07 January 2019 (7+ years old) and is registered under CIN U72900MH2019PTC319144.
Abcm App has 5 current directors:
- Chirag Rajendrakumar Leuva - Director
- Bhupesh Narayan Kapadia - Director
- Pratik Bhaskarbhai Patel - Director
- Santosh Chimanbhai Purabia - Director
- Bharat Shamjibhai Patel - Director
The latest financial statements of Abcm App on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 August 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Abcm App is 27AARCA7578H1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Abcm App is U72900MH2019PTC319144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abcm App was incorporated on 07 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Abcm App has 4 deals on record (2 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹2 Cr; the latest was in August 2024.
Bharat Shamjibhai Patel ceased to be Additional Director on 02 Oct 2024. Chirag Rajendrakumar Leuva ceased to be Additional Director on 02 Oct 2024. Pratik Bhaskarbhai Patel ceased to be Additional Director on 02 Oct 2024. Abcm App has 10 board changes on record in total.
Yes, Abcm App is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Abcm App is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0108021).
Abcm App has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 21 Apr 2022.
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