Cheersbazaar India Private Limited

Cheersbazaar India Private Limited - financial services in Delhi, India. FY 2026 financials & compliance.
CIN U74110DL2020PTC371812 Incorporated 19 October 2020 ROC Delhi HQ Delhi, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹19.78 Lakh
▼ 1% YoY
Net profit · FY 2025
₹3.56 Lakh
Net margin 18%
EBITDA · FY 2025
₹4.76 Lakh
EBITDA margin 24.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹9 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings

About Cheersbazaar India Private Limited

Data last updated:

Cheersbazaar India Private Limited is a private limited company based in Delhi, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 19 October 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110DL2020PTC371812.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikram Panwar and Vidhi Panwar.

Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S – 233 S/F (Second Floor) Greater Kailash – I, Delhi, India – 110048.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.78 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.56 Lakh (net margin 18%) and EBITDA of ₹4.76 Lakh (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.

As per MCA filings, the company has open charges of ₹9 Lakh on record.

Cheersbazaar India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0005524).

Company details

CIN U74110DL2020PTC371812
Registration Number 371812
Incorporation Date 19 October 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 06 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-DL-08-0005524

CIN history

Cheersbazaar India has one previous CIN (Corporate Identification Number): U74999DL2020PTC371812. The current CIN is U74110DL2020PTC371812, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110DL2020PTC371812Current
U74999DL2020PTC371812Previous

Recognitions & Rankings of Cheersbazaar India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-DL-08-0005524

Contact details

Cheersbazaar India Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    S – 233 S/F (Second Floor) Greater Kailash – I, Delhi, India – 110048
  • Industry
    Financial Services, Online Payment Gateways

To see the full contact details of Cheersbazaar India Private Limited, buy the company report.

Comprehensive company report
Cheersbazaar India 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 Cheersbazaar India is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities82Office administrative, office support and other business support activities

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

Financials of Cheersbazaar India Private Limited

FY 2025 filings available

Cheersbazaar India Private Limited reported revenue of ₹19.78 Lakh (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹19.78 Lakh ▼ 1%
Net profit · FY 2025
₹3.56 Lakh margin 18%
EBITDA · FY 2025
₹4.76 Lakh margin 24.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 15%
EBITDA CAGR growth
3 years · compounded
▲ 393%

Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹4.76 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.56 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin24.1%
Net Profit Margin18%
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 Cheersbazaar India Private Limited, buy the company report.

Board of directors of Cheersbazaar India Private Limited

Cheersbazaar India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikram PanwarDirector19 Oct 20206 Years 0 MonthsCurrent
Vidhi PanwarDirector15 Mar 20215 Years 7 MonthsCurrent

Auditor

Cheersbazaar India Private Limited is audited by NSH & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NSH & CO.FY 2023033184N

Shareholding

The shareholding of Cheersbazaar India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cheersbazaar India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 May 2025101114154Hdfc Bank Limited₹9 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

Cheersbazaar India Private Limited has 1 active EPFO establishment as of Apr 06, 2024.

Active EPFO establishments
1

GST

No GST registration is on our record for Cheersbazaar India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Cheersbazaar India Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Vidhi Panwar was appointed as Director on 15 Mar 2021.

AGM
Cheersbazaar India Private Limited last Annual general meeting of members was held on 06 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.00 Lakh with Charge ID 101114154 was registered on 06 May 2025.
Filing
Cheersbazaar India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Vidhi Panwar was appointed as Director.
Ceased
Umang Sharma ceased to be Director.
Appointed
Vikram Panwar was appointed as Director.
Incorporation
19 Oct 2020
Cheersbazaar India Private Limited was registered on 19 Oct 2020 with Roc Delhi & aged 6 years 10 days as per MCA records.

Frequently asked questions

Cheersbazaar India is an active private limited company based in Delhi, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 19 October 2020 (6+ years old) and is registered under CIN U74110DL2020PTC371812.

Cheersbazaar India has 2 current directors:

The latest financial statements of Cheersbazaar India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Cheersbazaar India is U74110DL2020PTC371812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cheersbazaar India was incorporated on 19 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.

Vidhi Panwar was appointed as Director on 15 Mar 2021. Umang Sharma ceased to be Director on 08 Mar 2021. Vikram Panwar was appointed as Director on 19 Oct 2020.

Yes, Cheersbazaar India is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-08-0005524).

The registered office of Cheersbazaar India is at S – 233 SF Second Floor Greater Kailash – I, Delhi, India – 110048.

Cheersbazaar India operates in the financial services industry, in the online payment gateways segment.

Cheersbazaar India has open charges of ₹9 Lakh and no satisfied charges on record as per latest MCA filings.