Clear2pay India Private Limited
About Clear2pay India Private Limited
Data last updated:
Clear2pay India Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Fidelity Information Services India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business process outsourcing sector. It was incorporated on 05 April 2004.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2004PTC290974. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Sandeep Singh Gill and Michael Peter Oates.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at S – 405(Lgf) Greater Kailash Part – II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2016, the company reported a revenue of ₹97.06 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹8.17 Cr (net margin 8.4%) and EBITDA of ₹17.7 Cr (EBITDA margin 18.2%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
CIN history
Clear2pay India has one previous CIN (Corporate Identification Number): U72900HR2004PTC035351. The current CIN is U72900DL2004PTC290974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900DL2004PTC290974 | Current |
| U72900HR2004PTC035351 | Previous |
Contact details
Clear2pay India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 405(Lgf) Greater Kailash Part – II, New Delhi, Delhi, India – 110048
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Clear2pay 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 Clear2pay India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Clear2pay India Private Limited, buy the company report.
Financials of Clear2pay India Private Limited
FY 2016 filings availableClear2pay India Private Limited reported revenue of ₹97.06 Cr (up 35% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year. EBITDA rose 215% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹97.06 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹17.7 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹8.17 Cr | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 18.2% | |
| Net Profit Margin | 8.4% | |
| 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 Clear2pay India Private Limited, buy the company report.
Board of directors of Clear2pay India Private Limited
Clear2pay India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Singh Gill Also directs: Ampresa Consultants LLP | Director | 01 Oct 2014 | 12 Years 0 Months | As last reported |
| Michael Peter Oates | Director | 01 Oct 2014 | 12 Years 0 Months | As last reported |
| Vineesh Kochhar Also directs: White Hat Hospitality LLP, Baccarat Hospitality LLP | Director | 15 Jul 2015 | 11 Years 3 Months | As last reported |
| Ann Maria Vasileff | Additional Director | 23 Dec 2016 | 9 Years 10 Months | As last reported |
Auditor
Clear2pay India Private Limited is audited by BSR&CO.LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR&CO.LLP | FY 2016 | 101248W/W- |
Shareholding
The shareholding of Clear2pay India Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Clear2pay India Private Limited, buy the company report.
Legal cases
Clear2pay India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by PR. Commissioner of Income Tax 1, Chandigarh | Disposed |
To see the full case history of Clear2pay India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clear2pay India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clear2pay India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Clear2pay India Private Limited, buy the company report.
Recent activity
Clear2pay India Private Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Ann Maria Vasileff was appointed as Additional Director on 23 Dec 2016.
3 earlier events are in the company report.
Frequently asked questions
Clear2pay India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Clear2pay India was a private limited company based in New Delhi, Delhi, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 05 April 2004 and is registered under CIN U72900DL2004PTC290974. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Clear2pay India was incorporated on 05 April 2004. It is registered with the Registrar of Companies, Delhi.
Clear2pay India had 4 directors:
- Sandeep Singh Gill - Director
- Michael Peter Oates - Director
- Vineesh Kochhar - Director
- Ann Maria Vasileff - Additional Director
The CIN (Corporate Identification Number) of Clear2pay India is U72900DL2004PTC290974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Clear2pay India is at S – 405Lgf Greater Kailash Part – II, New Delhi, Delhi, India – 110048.
The latest financial statements of Clear2pay India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Clear2pay India has 2 GST registrations on record and all of them are cancelled or inactive.
Clear2pay India operated in the business outsourcing industry, in the business process outsourcing segment.
Clear2pay India has 1 court case on record: 1 filed against it.