Addpay Services Private Limited

Addpay Services Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2019PTC334381 Incorporated 12 December 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company e-commerce Startup India MSME · Micro
Data last updated
Revenue · FY 2022
₹33.85 Lakh
▲ 559% YoY
Net loss · FY 2022
₹61.73 Lakh
Net margin -182.3%
EBITDA · FY 2022
-₹52.37 Lakh
EBITDA margin -154.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Addpay Services Private Limited

Data last updated:

Addpay Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 12 December 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC334381. Its GSTIN is 27ABDCS0643L1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Addgroups Fintech Private Limited and Spica Addwale Private Limited. It is led by directors Shweta Pawan Jaiswal and Pawan Kumar Jaiswal.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Wework Nesco IT Park 10th Floor Building 4 Nesco IT Park, Mumbai, Maharashtra.

As per the financials filed for FY 2022, the company reported a revenue of ₹33.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹61.73 Lakh (net margin -182.3%) and EBITDA of -₹52.37 Lakh (EBITDA margin -154.7%).

Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.

Addpay Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0016094). For more details, the company can be reached via its website addpay.in.

Company details

CIN U74999MH2019PTC334381
Registration Number 334381
Incorporation Date 12 December 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0016094

Name history

Addpay Services has undergone 2 name changes throughout its history. The company was previously known as Addgroups Fintech Private Limited, and Spica Addwale Private Limited. The current legal name is Addpay Services Private Limited.

Company NameStatus
Addpay Services Private LimitedCurrent
Addgroups Fintech Private LimitedPrevious
Spica Addwale Private LimitedPrevious

Recognitions & Rankings of Addpay Services

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-MH-33-0016094

Contact details

Addpay Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is addpay.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Wework Nesco IT Park 10th Floor Building 4 Nesco IT Park, Wester Express Highway, Mumbai, Maharashtra, India – 400063
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Addpay Services Private Limited, buy the company report.

Comprehensive company report
Addpay Services 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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Business activity

The main business activity of Addpay Services is information and communication. In detail, this covers broadcasting and programming activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ4Broadcasting and programming activities

To see the full business activity and turnover split of Addpay Services Private Limited, buy the company report.

Financials of Addpay Services Private Limited

FY 2022 filings available

Addpay Services Private Limited reported revenue of ₹33.85 Lakh (up 559% YoY) for FY 2022.

Revenue · FY 2022
₹33.85 Lakh ▲ 559%
Net loss · FY 2022
₹61.73 Lakh margin -182.3%
EBITDA · FY 2022
-₹52.37 Lakh margin -154.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 559%
EBITDA CAGR growth
1 year
▲ 27%

Revenue rose 559% in the latest year. EBITDA rose 27% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 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-₹52.37 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹61.73 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-154.7%
Net Profit Margin-182.3%
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 Addpay Services Private Limited, buy the company report.

Board of directors of Addpay Services Private Limited

Addpay Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shweta Pawan JaiswalDirector21 Jun 20224 Years 4 MonthsCurrent
Pawan Kumar JaiswalDirector12 Dec 20196 Years 10 MonthsCurrent

Auditor

Addpay Services Private Limited is audited by K PAREKH AND CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
K PAREKH AND COFY 2020148759W

Shareholding

The shareholding of Addpay Services Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Addpay Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Addpay Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Addpay Services Private Limited has 1 active EPFO establishment as of Apr 06, 2024.

Active EPFO establishments
1

GST

Addpay Services has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27ABDCS0643L1Z7MaharashtraActive02 May 2020
06ABDCS0643L1ZBHaryanaActive29 Jul 2021

To see the full GST registrations and return filing status of Addpay Services Private Limited, buy the company report.

Recent activity

Addpay Services Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Shweta Pawan Jaiswal ceased to be Additional Director on 29 Sep 2022.

AGM
Addpay Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Shweta Pawan Jaiswal ceased to be Additional Director.
Appointed
Shweta Pawan Jaiswal was appointed as Director.
Filing
Addpay Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Ceased
Anjani Kumar ceased to be Additional Director.
Ceased
Tahir Hussain Shaikh ceased to be Director.
Appointed
Pawan Kumar Jaiswal was appointed as Director.
Incorporation
12 Dec 2019
Addpay Services Private Limited was registered on 12 Dec 2019 with Roc Mumbai I & aged 6 years 10 months as per MCA records.

Frequently asked questions

Addpay Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 12 December 2019 (7+ years old) and is registered under CIN U74999MH2019PTC334381.

Addpay Services has 2 current directors:

The latest financial statements of Addpay Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Addpay Services is 27ABDCS0643L1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06ABDCS0643L1ZB (Haryana).

The CIN (Corporate Identification Number) of Addpay Services is U74999MH2019PTC334381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Addpay Services has 5 court cases on record: 5 filed against it. 3 are pending.

Addpay Services was incorporated on 12 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Shweta Pawan Jaiswal ceased to be Additional Director on 29 Sep 2022. Shweta Pawan Jaiswal was appointed as Director on 21 Jun 2022. Anjani Kumar ceased to be Additional Director on 30 Nov 2021. Addpay Services has 5 board changes on record in total.

Yes, Addpay Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Addpay Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0016094).