Echopay Payment Solutions Private Limited
About Echopay Payment Solutions Private Limited
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Echopay Payment Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 04 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2020PTC349425. Its GSTIN is 27AAGCE1777P1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanjay Kumar Pandey and Mohammad Nabi Sharib.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 301 Mangalya Wing C Cts – 599 Off Marol Maroshi Rd Andheri East Nr Fire Bregat, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.74 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹3.29 Lakh (net margin -189.5%) and EBITDA of -₹3.51 Lakh (EBITDA margin -202.4%).
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- Registered Address301 Mangalya Wing C Cts – 599 Off Marol Maroshi Rd Andheri East Nr Fire Bregat, Mumbai, Maharashtra, India – 400059
- IndustryE-Commerce, General E-Commerce Platforms
- 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
Business Activity of Echopay Payment Solutions Private Limited
The main business activity of Echopay Payment Solutions 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.
Financials of Echopay Payment Solutions Private Limited FY 2023 filings available
Echopay Payment Solutions Private Limited reported revenue of ₹1.74 Lakh (down 100% YoY) for FY 2023.
Financial Statement Summary of Echopay Payment Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 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 | -₹3.51 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.29 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 Echopay Payment Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -202.4% | •••• | •••• |
| Net Profit Margin | -189.5% | •••• | •••• |
| 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 Echopay Payment Solutions are in the company report.
Financial statements from FY 2021
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 Echopay Payment Solutions Private Limited
Echopay Payment Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other support services to organizations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matrix Infra & Power Projects Private Limited | ₹1.74 Lakh (FY 2016) | •••• | •••• | -94.0% | •••• | Hisar, Haryana, India |
| Bidula Ventures Private Limited | ₹1.74 Lakh (FY 2019) | •••• | •••• | •••• | Dhanbad, Jharkhand, India | |
| The Logistics Studio Private Limited | ₹1.74 Lakh (FY 2017) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
| Npco Services Private Limited | ₹1.74 Lakh (FY 2024) | •••• | •••• | 153.0% | •••• | Vadodara, Gujarat, India |
| Otechnonix India Private Limited | ₹1.74 Lakh (FY 2024) | •••• | •••• | •••• | Gmc, Assam, India | |
| Echopay Payment Solutions Private Limited this company | ₹1.74 Lakh (FY 2023) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Perfect Studio Private Limited | ₹1.73 Lakh (FY 2020) | •••• | •••• | -66.0% | •••• | Gurgaon, Haryana, India |
| Vired Events OPC Private Limited | ₹1.73 Lakh (FY 2017) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Griffin Exports Private Limited | ₹1.73 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Moradabad, Uttar Pradesh, India |
| Regency Digitrade Investments Private Limited | ₹1.73 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | Rajpura, Punjab, India |
| Thai Panjammal Foundation | ₹1.73 Lakh (FY 2025) | •••• | •••• | •••• | Thiruvallur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Echopay Payment Solutions by revenue in the same principal business activity (Other support services to organizations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Echopay Payment Solutions Private Limited
Echopay Payment Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar Pandey Also directs: Foxglove Business Services Private Limited | Director | 04 Nov 2020 | 5 Years 11 Months | Current |
| Mohammad Nabi Sharib Also directs: Foxglove Business Services Private Limited | Director | 04 Nov 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Echopay Payment Solutions 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 Echopay Payment Solutions Private Limited
Echopay Payment Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Echopay Payment Solutions Private Limited
Echopay Payment Solutions Private Limited has a workforce of 0 employees as of Apr 06, 2024.
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 Echopay Payment Solutions Private Limited
Echopay Payment Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Mohammad Nabi Sharib was appointed as Director on 04 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for Echopay Payment Solutions 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 Echopay Payment Solutions 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 Echopay Payment Solutions 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 Echopay Payment Solutions Private Limited
Echopay Payment Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCE1777P1ZZ | Maharashtra | Active | 14 Mar 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.
MCA Filings & Documents of Echopay Payment Solutions 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 Echopay Payment Solutions Private Limited
Echopay Payment Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 04 November 2020 (6+ years old) and is registered under CIN U51909MH2020PTC349425.
Echopay Payment Solutions reported revenue of ₹1.74 Lakh for FY 2023 (down 100% YoY).
Echopay Payment Solutions has 2 current directors:
- Sanjay Kumar Pandey - Director
- Mohammad Nabi Sharib - Director
Echopay Payment Solutions reported a net loss of ₹3.29 Lakh (net margin -189.5%) and EBITDA of -₹3.51 Lakh (EBITDA margin -202.4%) for FY 2023, as per its filed financial statements.
The GSTIN of Echopay Payment Solutions is 27AAGCE1777P1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Echopay Payment Solutions is U51909MH2020PTC349425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Echopay Payment Solutions was incorporated on 04 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Echopay Payment Solutions by revenue are Matrix Infra & Power Projects Private Limited, Bidula Ventures Private Limited, The Logistics Studio Private Limited, Npco Services Private Limited, Otechnonix India Private Limited and 5 more, all in the same principal business activity (Other support services to organizations).
Mohammad Nabi Sharib was appointed as Director on 04 Nov 2020. Sanjay Kumar Pandey was appointed as Director on 04 Nov 2020.
The registered office of Echopay Payment Solutions is at 301 Mangalya Wing C Cts – 599 Off Marol Maroshi Rd Andheri East Nr Fire Bregat, Mumbai, Maharashtra, India – 400059.
Echopay Payment Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.