- Category
- Micro (2020-21)
- Udyam number
- UDYAM-DL-08-0005524

Cheersbazaar India Private Limited
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 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.
| CIN | Status |
|---|---|
| U74110DL2020PTC371812 | Current |
| U74999DL2020PTC371812 | Previous |
Recognitions & Rankings of Cheersbazaar India
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 AddressS – 233 S/F (Second Floor) Greater Kailash – I, Delhi, India – 110048
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Cheersbazaar India Private Limited, buy the company report.
- 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office 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 availableCheersbazaar India Private Limited reported revenue of ₹19.78 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.76 Lakh | ||||
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| Net Profit (PAT) | ₹3.56 Lakh | ||||
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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 | 24.1% | ||||
| Net Profit Margin | 18% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Panwar Also directs: Artline Finance Private Limited, Ecredit India Private Limited | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Vidhi Panwar | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Cheersbazaar India Private Limited is audited by NSH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NSH & CO. | FY 2023 | 033184N |
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 category | FY 2023 | FY 2022 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2025 | 101114154 | Hdfc Bank Limited | ₹9 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Cheersbazaar India 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
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.
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.
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:
- Vikram Panwar - Director
- Vidhi Panwar - Director
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.