About Faithpay Systems Private Limited
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Faithpay Systems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 04 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74993DL2020PTC364340. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rekha Rani and Vinod Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at House No. 318 Plot No. H – 7 3rd Floor D Centre Wazir Pur Neta Ji Subhash Place, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2022, the company reported a revenue of ₹399.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.49 Lakh (net margin 0%) and EBITDA of ₹11.8 Lakh (EBITDA margin 0%).
For more details, the company can be reached via its website faithpay.in.
Company details
Contact details
Faithpay Systems Private Limited's registered office is in New Delhi, Delhi. Its website is faithpay.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 318 Plot No. H – 7 3rd Floor D Centre Wazir Pur Neta Ji Subhash Place, New Delhi, Delhi, India – 110034
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Faithpay Systems 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 Faithpay Systems is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Faithpay Systems Private Limited, buy the company report.
Financials of Faithpay Systems Private Limited
FY 2022 filings availableFaithpay Systems Private Limited reported revenue of ₹399.74 Cr (up 3465% YoY) for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.8 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹8.49 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0% | |
| Net Profit Margin | 0% | |
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To see the full financial statements and ratios of Faithpay Systems Private Limited, buy the company report.
Board of directors of Faithpay Systems Private Limited
Faithpay Systems 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 |
|---|---|---|---|---|
| Rekha Rani | Director | 01 Jul 2021 | 5 Years 4 Months | Current |
| Vinod Kumar Sharma | Director | 04 Jun 2020 | 6 Years 5 Months | Current |
Auditor
Faithpay Systems Private Limited is audited by DEEPAK G C GOEL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK G C GOEL & ASSOCIATES | FY 2021 | 020389N |
Shareholding
The shareholding of Faithpay Systems Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Faithpay Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Faithpay Systems 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 Faithpay Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Faithpay Systems Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
Faithpay Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Faithpay Systems Private Limited, buy the company report.
Recent activity
Faithpay Systems Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Nirpesh Tanwar ceased to be Director on 05 Jul 2021.
Frequently asked questions
Faithpay Systems is an active private limited company based in New Delhi, Delhi, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 04 June 2020 (6+ years old) and is registered under CIN U74993DL2020PTC364340.
Faithpay Systems has 2 current directors:
- Rekha Rani - Director
- Vinod Kumar Sharma - Director
The latest financial statements of Faithpay Systems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
No. Faithpay Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Faithpay Systems is U74993DL2020PTC364340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faithpay Systems was incorporated on 04 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Nirpesh Tanwar ceased to be Director on 05 Jul 2021. Rekha Rani was appointed as Director on 01 Jul 2021. Vinod Kumar Sharma was appointed as Director on 04 Jun 2020.
Faithpay Systems can be reached through the website faithpay.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Faithpay Systems is at House No. 318 Plot No. H – 7 3rd Floor D Centre Wazir Pur Neta Ji Subhash Place, New Delhi, Delhi, India – 110034.
Faithpay Systems operates in the financial services industry, in the digital payment solutions segment.
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