About InSysPay
InSysPay is a Technology company based in Ahmedabad (India) founded in 2012. It provides cloud HR software for payroll, attendance, and employee management services. It operates on a SaaS and B2B model in Technology and Business Services sectors. InSysPay offers products and services including Payroll Software, Attendance Management, Employee Self Service, Recruitment System, and Leave Management. Its focus areas include Business and Productivity Tech, HR Tech, Attendance Management and Biometric Integration. Its legal entity in India is Innova Systems India Pvt. Ltd (U72200GJ1995PTC025432).
Company details
InSysPay is a cloud-based HR management system that automates payroll processing, attendance tracking, and employee services like recruitment and leave management. Based in Ahmedabad, India, it serves startups, SMEs, and enterprises by integrating biometric devices and offering mobile access. This helps businesses improve efficiency, track hours, and enhance employee satisfaction through streamlined operations.
- Headquarters Ahmedabad, India
- SectorsTechnologyBusiness Services
- Website insyspay.com
- Social LinkedIn X Facebook
- Legal Name Innova Systems India Pvt. Ltd.
- Date of Incorporation 10 Apr, 1995
- Jurisdiction Ahmedabad, Gujarat, India
- Net Loss-₹39.2 Lakh
FY 2025 · -3261806% margin
- EBITDA-₹36.8 Lakh
FY 2025 · -3062880% margin
Associated legal entities of InSysPay
InSysPay operates through Innova Systems (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innova Systems (India) Private Limited CIN U72200GJ1995PTC025432 | Active | 10 Apr 1995 | Ahmedabad, Gujarat | ₹0.0 Cr | 14 | 2 | View details |
Products & Services of InSysPay
InSysPay offers a comprehensive portfolio of products and services, including Payroll Software, Attendance Management, Employee Self Service, Recruitment System, and Leave Management.
Automates salary processing and deductions for businesses.
Tracks attendance using biometric devices and schedules.
Allows employees to view profiles and manage leaves.
Handles job postings and applicant tracking processes.
Manages leave approvals and employee notifications.
Board of directors of Innova Systems (India) Private Limited (InSysPay)
Innova Systems (India) Private Limited is the primary company behind InSysPay. The board of Innova Systems (India) Private Limited currently have 2 directors; the longest-serving is Urvashi Jagdish Dave, appointed in 1996. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Urvashi Jagdish Dave DIN 00773617 | Director | 18 Nov 1996 | 29 yrs 11 mo | Innova Systems (India) Private Limited |
| Jagdishbhai Dave Chimanlal DIN 00380294 | Director | 21 Sep 2003 | 23 yrs 1 mo | Innova Systems (India) Private Limited |
Financials of InSysPay
Figures of Innova Systems (India) Private Limited, the primary company behind InSysPay, for FY 2025. Net loss was -₹39.2 Lakh (-3261806% margin). EBITDA was -₹36.8 Lakh (-3062880% margin). Revenue has grown at a compounded annual rate of -96% over three years and -94% over five years.
- -₹39.2 LakhNet loss · -3261806% margin
- -₹36.8 LakhEBITDA · -3062880% margin
- ₹10 LakhPaid-up capital
- 14Employees (provident fund records)
- -96%Revenue CAGR, 3 years
- -94%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innova Systems (India) Private Limited are on its company page.
Detailed financial statements for InSysPay
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Frequently Asked Questions about InSysPay
InSysPay was founded in 2012.
InSysPay is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Annual revenue of InSysPay is $1.62K as on Mar 31, 2023.
InSysPay is a cloud-based HR management system that automates payroll processing, attendance tracking, and employee services like recruitment and leave management. Based in Ahmedabad, India, it serves startups, SMEs, and enterprises by integrating biometric devices and offering mobile access. This helps businesses improve efficiency, track hours, and enhance employee satisfaction through streamlined operations.
InSysPay offers Payroll Software, Attendance Management, Employee Self Service, Recruitment System, and Leave Management.
InSysPay operates through Innova Systems (India) Private Limited.
The legal entities of InSysPay currently have 2 directors, including Jagdishbhai Dave Chimanlal, Urvashi Jagdish Dave.