About Dazzlepay Payment Processing Private Limited
Data last updated:
Dazzlepay Payment Processing Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 19 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC297529. Its GSTIN is 27AAGCD2702B1ZA (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.01 Lakh. It is led by directors including Vedant Bhutra and Deepak Bhutra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 16, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.95 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹5.02 Lakh (net margin 170.2%) and EBITDA of ₹1.43 Lakh (EBITDA margin 48.3%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 62% over five years.
The company is associated with 1 brand: DazzlePay.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dazzlepay.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No 404 8th Floor Guru Pushpam Sector 16A Near St Lawrence School Vas, Hi, Navi Mumbai, Maharashtra, India – 400703
- IndustryFinancial Services, Digital Payment Solutions
- 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
- One PDF report, delivered after checkout
Financials of Dazzlepay Payment Processing Private Limited FY 2024 filings available
Dazzlepay Payment Processing Private Limited reported revenue of ₹2.95 Lakh (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Dazzlepay Payment Processing Private Limited
Revenue rose 51% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 62%. EBITDA rose 291% in the latest year. 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 of Dazzlepay Payment Processing Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.02 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 of Dazzlepay Payment Processing Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 170.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dazzlepay Payment Processing are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dazzlepay Payment Processing Private Limited
Dazzlepay Payment Processing Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qwiknet Technologies Private Limited | ₹3.03 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Sultanpur, Uttar Pradesh, India |
| Fortune Payment Solutions India Private Limited | ₹3.03 Lakh (FY 2015) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Makspay Fintech Solutions Private Limited | ₹3.02 Lakh (FY 2024) | •••• | •••• | -93.0% | •••• | Hyderabad, Telangana, India |
| Eskrosoft Systems & Services Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Payinstacard Private Limited | ₹3 Lakh (FY 2024) | •••• | •••• | 1499710.0% | •••• | Hyderabad, Telangana, India |
| Dazzlepay Payment Processing Private Limited this company | ₹2.95 Lakh (FY 2024) | •••• | •••• | 51.0% | •••• | Navi Mumbai, Maharashtra, India |
| Finpay Technologies Private Limited | ₹2.81 Lakh (FY 2022) | •••• | •••• | •••• | Mathura, Uttar Pradesh, India | |
| Pengs Mobile Solution Private Limited | ₹2.8 Lakh (FY 2019) | •••• | •••• | •••• | Barakar, West Bengal, India | |
| Skvipm Digisolutions Private Limited | ₹2.72 Lakh (FY 2025) | •••• | •••• | 366.0% | •••• | Noida, Uttar Pradesh, India |
| Innovative Career in Cashless India Private Limited | ₹2.67 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Bhojpur, Bihar, India |
| Paydhara Private Limited | ₹2.61 Lakh (FY 2025) | •••• | •••• | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below Dazzlepay Payment Processing by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dazzlepay Payment Processing Private Limited
Dazzlepay Payment Processing Private Limited is audited by Parikh and Parikh for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Parikh and Parikh | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dazzlepay Payment Processing Private Limited
Dazzlepay Payment Processing has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vedant Bhutra | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Shveta Bhutra | Additional Director | 23 Oct 2019 | 6 Years 11 Months | Current |
| Deepak Bhutra | Director | 19 Jul 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of Dazzlepay Payment Processing Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dazzlepay Payment Processing Private Limited
Dazzlepay Payment Processing Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Dazzlepay Payment Processing Private Limited
Dazzlepay Payment Processing operates one associated brand: DazzlePay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Merchant banking solutions are offered to banks and retailers. | dazzlepay.co.in |
Employees and EPFO Compliance at Dazzlepay Payment Processing Private Limited
Employment history and EPFO contributions of people linked to Dazzlepay Payment Processing.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dazzlepay Payment Processing Private Limited
Dazzlepay Payment Processing Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Vedant Bhutra was appointed as Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Dazzlepay Payment Processing Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dazzlepay Payment Processing Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dazzlepay Payment Processing Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dazzlepay Payment Processing Private Limited
Dazzlepay Payment Processing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD2702B1ZA | Maharashtra | Active | 06 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dazzlepay Payment Processing Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dazzlepay Payment Processing Private Limited
Dazzlepay Payment Processing is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 19 July 2017 (9+ years old) and is registered under CIN U72900MH2017PTC297529.
Dazzlepay Payment Processing reported revenue of ₹2.95 Lakh for FY 2024 (up 51% YoY).
Dazzlepay Payment Processing has 3 current directors:
- Vedant Bhutra - Director
- Shveta Bhutra - Additional Director
- Deepak Bhutra - Director
Dazzlepay Payment Processing reported a net profit of ₹5.02 Lakh (net margin 170.2%) and EBITDA of ₹1.43 Lakh (EBITDA margin 48.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dazzlepay Payment Processing is -46% over three years and -62% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dazzlepay Payment Processing is 27AAGCD2702B1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dazzlepay Payment Processing is U72900MH2017PTC297529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dazzlepay Payment Processing was incorporated on 19 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dazzlepay Payment Processing by revenue are Qwiknet Technologies Private Limited, Fortune Payment Solutions India Private Limited, Makspay Fintech Solutions Private Limited, Eskrosoft Systems & Services Private Limited, Payinstacard Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Vedant Bhutra was appointed as Director on 30 Sep 2022. Shveta Bhutra was appointed as Additional Director on 23 Oct 2019. Aditya Agarwal ceased to be Additional Director on 31 Dec 2018. Dazzlepay Payment Processing has 5 board changes on record in total.
Dazzlepay Payment Processing can be reached through the website dazzlepay.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.