About Easy Pay Limited
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Easy Pay Limited is a public limited company based in Ahmeadabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the organising conventions segment of the business services sector. It was incorporated on 27 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2014PLC078939. Its GSTIN is 24AADCE6257B1Z0 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.34 Cr. It is led by directors including Nilay Jashbhai Patel (Managing Director) and Hiral Vinodbhai Patel.
Its last annual general meeting (AGM) was held on 21 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 Rangin Park Part 4 Opp. Rajpath Club S.G. Highway, Ahmeadabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.45 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹15.54 Cr (net margin 38.4%) and EBITDA of ₹22.12 Cr (EBITDA margin 54.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 22% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Paisa Nikal and Easy Pay. As per MCA filings, the company has satisfied charges of ₹7.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website easypay.in.
- EmailLocked
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- Social Media
- Registered Address1 Rangin Park Part 4 Opp. Rajpath Club S.G. Highway, Ahmeadabad, Gujarat, India – 380054
- IndustryBusiness Services, Organising Conventions, Packaging Activities, Collection Agencies, Call Centers, Office Administration
- 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
CIN History of Easy Pay Limited
Easy Pay has one previous CIN (Corporate Identification Number): U74900GJ2014PTC078939. The current CIN is U74900GJ2014PLC078939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900GJ2014PLC078939 | Current |
| U74900GJ2014PTC078939 | Previous |
Associated Brands with Easy Pay Limited
Easy Pay operates two associated brands: Paisa Nikal and Easy Pay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers an AEPS-based e-wallet for secure digital transactions. | paisanikal.com | |
| POS-based payment solutions for retailers are provided via Riva device. | easypay.in |
Competitors & Alternatives of Easy Pay Limited
Brands and companies operating in the same space as Easy Pay Limited include Stripe, Razorpay, PayU and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Stripe | Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States | 2009 |
 Razorpay | Payment and business banking solutions are provided for enterprises. | Bengaluru, India | 2014 |
 PayU | Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands | 2002 |
 Flutterwave | Provider of payment processing solutions for businesses | San Francisco, United States | 2016 |
 Mintoak | Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India | 2017 |
 Pine Labs | Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India | 1998 |
 HighRadius | Autonomous finance and payment solutions are provided to businesses. | Houston, United States | 2006 |
 ACI Worldwide | Digital payments are processed and managed via specialized solutions. | Omaha, United States | 1975 |
 Airpay | An integrated omnichannel platform for financial services is provided. | Mumbai, India | 2012 |
 Spice Money | Digital payment and banking service provider in rural areas | Noida, India | 2000 |
Business Activity of Easy Pay Limited
The main business activity of Easy Pay is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Easy Pay Limited
Easy Pay has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilay Jashbhai Patel | Managing Director | 27 Feb 2014 | 12 Years 7 Months | Current |
| Hiral Vinodbhai Patel Also directs: Hemo Organic Limited, Sakar Healthcare Limited, Madhav Infra Projects Limited and 2 more | Director | 13 Jun 2024 | 2 Years 3 Months | Current |
| Ankitkumar Surendrakumar Agrawal Also directs: Vandan Foods Limited, Trans India House Impex Limited, Kumar Cotton Mills Ltd and 1 more | Director | 13 Jun 2024 | 2 Years 3 Months | Current |
| Prateek P Katyal | Director | 02 May 2023 | 3 Years 5 Months | Current |
| Amarjeet Chauhan Also directs: Aira Samridhi Private Limited, Mindstakes Games Private Limited | Director | 22 Apr 2024 | 2 Years 5 Months | Current |
| Vijay Yadav | Additional Director | 23 Jul 2025 | 1 Years 2 Months | Current |
Financials of Easy Pay Limited FY 2024 filings available
Easy Pay Limited reported revenue of ₹40.45 Cr (up 88% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Easy Pay Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 88% growth in the latest year. EBITDA rose 63% 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 Easy Pay Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.54 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 of Easy Pay Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 38.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Easy Pay are in the company report.
Financial statements from 2015
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.
Charges & Borrowings of Easy Pay Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2016 | State Bank of India | ₹4.9 Cr | Satisfied |
| 25 Feb 2016 | Yes Bank Limited | ₹2.25 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Easy Pay Limited
Employment history and EPFO contributions of people linked to Easy Pay.
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.
GST Compliance of Easy Pay Limited
Easy Pay has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCE6257B1Z0 | Gujarat | Active | 01 Jul 2017 |
| 27AADCE6257B1ZU | Maharashtra | Active | 20 Dec 2021 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Easy Pay 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 Easy Pay 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 Easy Pay 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.
MCA Filings & Documents of Easy Pay 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.
Recent Activity on Easy Pay Limited
Frequently Asked Questions about Easy Pay Limited
Easy Pay is an active public limited company based in Ahmeadabad, Gujarat, India. The company works in organising conventions, within the business services industry. It was incorporated on 27 February 2014 (12+ years old) and is registered under CIN U74900GJ2014PLC078939.
Easy Pay reported revenue of ₹40.45 Cr for FY 2025 (up 88% YoY).
Easy Pay has 6 current directors:
- Nilay Jashbhai Patel - Managing Director
- Hiral Vinodbhai Patel - Director
- Ankitkumar Surendrakumar Agrawal - Director
- Prateek P Katyal - Director
- Amarjeet Chauhan - Director
- Vijay Yadav - Additional Director
Easy Pay reported a net profit of ₹15.54 Cr (net margin 38.4%) and EBITDA of ₹22.12 Cr (EBITDA margin 54.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Easy Pay is 38% over three years and 22% over five years. In the latest year (FY 2025) revenue rose 88%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Easy Pay is 24AADCE6257B1Z0, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCE6257B1ZU (Maharashtra).
The CIN (Corporate Identification Number) of Easy Pay is U74900GJ2014PLC078939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Easy Pay was incorporated on 27 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yes, Easy Pay is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).