About Lazypay Private Limited
Data last updated:
Lazypay Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Paysense Pte. Ltd.. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 26 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2018FTC317439. Its GSTIN is 27AAKCP2165Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹95 Cr and a paid-up capital of ₹67.98 Cr. It was formerly known as Paysense Consultancy Services India Private Limited and Paysense Finance India Private Limited. It is led by directors including Athmanathan Sadhashivam and Vineet Sethi.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.81 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹11.17 Cr (net margin -23.4%) and EBITDA of -₹9.1 Cr (EBITDA margin -19%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 302% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lazypay. Court records list 5 cases involving the company, including 1 filed against it; 3 cases are pending. The company has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 acquisition); the latest was in December 2023. Its 10 peer companies in the same principal business activity (Other professional, scientific and technical activities) are compared by revenue, 5 larger and 5 smaller; the largest is Elb Learning India Private Limited with revenue of ₹48.26 Cr.
For more details, the company can be reached via its website lazypay.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressEmpresa Building Eighth Floor, Second Road Khar West, Mumbai, Maharashtra, India – 400052
- IndustryFinancial Services, Digital Payment Solutions, Prepaid Card Services
- 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 Lazypay Private Limited
The main business activity of Lazypay is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Lazypay Private Limited FY 2025 filings available
Lazypay Private Limited reported revenue of ₹47.81 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lazypay Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 302%. EBITDA fell 26% 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 Lazypay Private 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.17 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 of Lazypay Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23.4% | •••• | •••• | •••• | •••• |
| 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 Lazypay are in the company report.
Financial statements from FY 2019
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 Lazypay Private Limited
Lazypay Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elb Learning India Private Limited | ₹48.26 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Tiket International Network Private Limited | ₹48.11 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Ampcus Tech Private Limited | ₹48.03 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Flydocs India Private Limited | ₹47.99 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Vadodara, Gujarat, India |
| Allucent (India) Private Limited | ₹47.87 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Lazypay Private Limited this company | ₹47.81 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Nexgen Industrial Solutions Private Limited | ₹47.73 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | New Delhi, Delhi, India |
| Webnoria E-Commerce Private Limited | ₹47.65 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Bangalore, Karnataka, India |
| Esskay Design and Structures Private Limited | ₹47.61 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Smartpoint Technologies Private Limited | ₹47.51 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Ardent Infra Equipments Private Limited | ₹47.5 Cr (FY 2022) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Lazypay by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Lazypay Private Limited
Lazypay Private Limited is audited by SURESH SURANA & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURESH SURANA & ASSOCIATES LLP | 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 Lazypay Private Limited
Lazypay has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Athmanathan Sadhashivam | Director | 13 Jun 2025 | 1 Years 3 Months | Current |
| Vineet Sethi | Director | 03 May 2024 | 2 Years 5 Months | Current |
| Ankit Nahata Also directs: Paysense Services India Private Limited | Director | 11 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Lazypay 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 Lazypay Private Limited
Lazypay Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Lazypay Private Limited
Lazypay Private Limited has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 acquisition); the latest was in December 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Payu Payments Private Limited Seller: Prosus (Naspers) |
| Dec 2023 | Acquisition | Undisclosed | Buyer: Prosus (Naspers) Seller: an individual |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: PaySense Pte. Ltd. |
| Jul 2022 | Rights issue | ₹95.48 Cr | Investors: PaySense Pte. Ltd. |
| Feb 2022 | Rights issue | ₹126.8 Cr | Investors: PaySense Pte. Ltd. |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Lazypay Private Limited
Lazypay Private Limited has 5 court cases on record: 1 filed against it, 4 where it is another party. 3 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Company is another party | Pending |
| District court, Kannur, Kerala | Court case (OP(Insolvency)) | Company is another party | Pending |
| District court, Rangareddy, Telangana | Civil suit | Company is another party | Pending |
| District court, Rangareddy, Telangana | Civil suit | Company is another party | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Lazypay Private Limited
Lazypay operates one associated brand: Lazypay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of digital payment solutions, including deferred payment and personal loans | lazypay.in |
Employees and EPFO Compliance at Lazypay Private Limited
Lazypay Private Limited has a workforce of 11 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.
Name History of Lazypay Private Limited
Lazypay has undergone 2 name changes throughout its history. The company was previously known as Paysense Consultancy Services India Private Limited, and Paysense Finance India Private Limited. The current legal name is Lazypay Private Limited.
| Company Name | Status |
|---|---|
| Lazypay Private Limited | Current |
| Paysense Consultancy Services India Private Limited | Previous |
| Paysense Finance India Private Limited | Previous |
CIN History of Lazypay Private Limited
Lazypay has one previous CIN (Corporate Identification Number): U65999MH2018FTC317439. The current CIN is U74110MH2018FTC317439, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2018FTC317439 | Current |
| U65999MH2018FTC317439 | Previous |
News related to Lazypay Private Limited
Recent Activity on Lazypay Private Limited
Lazypay Private Limited has 17 board changes on record since 2018: 10 appointments and 7 cessations. The latest: Akshay Sushil Goenka ceased to be Company Secretary on 04 Nov 2025.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lazypay 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 Lazypay 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 Lazypay 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 Lazypay Private Limited
Lazypay has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP2165Q1ZQ | Maharashtra | Active | 01 Feb 2019 |
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 Lazypay 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 Lazypay Private Limited
Lazypay is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 26 November 2018 (8+ years old) and is registered under CIN U74110MH2018FTC317439.
Lazypay reported revenue of ₹47.81 Cr for FY 2025 (down 5% YoY).
Lazypay has 3 current directors:
- Athmanathan Sadhashivam - Director
- Vineet Sethi - Director
- Ankit Nahata - Director
Lazypay reported a net loss of ₹11.17 Cr (net margin -23.4%) and EBITDA of -₹9.1 Cr (EBITDA margin -19%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lazypay is 62% over three years and 302% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lazypay is 27AAKCP2165Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lazypay is U74110MH2018FTC317439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lazypay has 5 court cases on record: 1 filed against it. 3 are pending.
Lazypay was incorporated on 26 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Lazypay has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 acquisition); the latest was in December 2023.
The peers of Lazypay by revenue are Elb Learning India Private Limited, Tiket International Network Private Limited, Ampcus Tech Private Limited, Flydocs India Private Limited, Allucent (India) Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).