MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-UP-29-0002104
Letzpay Solution Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.09 Cr
▲ 3% YoY
Net profit · FY 2025
₹15.92 Lakh
Net margin 5.1%
EBITDA · FY 2025
₹37.01 Lakh
EBITDA margin 12%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.14 Cr
Issued & subscribed
Open charges
₹43.82 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
11
Provident fund records
About Letzpay Solution Private Limited
Data last updated:
Letzpay Solution Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 24 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC300289. Its GSTIN is 09AADCL0683Q1ZW (Uttar Pradesh).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.14 Cr. It is led by directors Niraj Prakash Saxena and Himanshu Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 311 3rd Floor, Naurang House 21 K. G. Marg., New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.09 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹15.92 Lakh (net margin 5.1%) and EBITDA of ₹37.01 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 23% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Letzpe and LetzPay. As per MCA filings, the company has open charges of ₹43.82 Lakh on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Letzpay Solution Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0002104). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website letzpay.com.
Company details
CIN U74999DL2016PTC300289
Registration Number 300289
Incorporation Date 24 May 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-29-0002104
Recognitions & Rankings of Letzpay Solution
Contact details
Letzpay Solution Private Limited's registered office is in New Delhi, Delhi. Its website is letzpay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address311 3rd Floor, Naurang House 21 K. G. Marg., New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Letzpay Solution Private Limited, buy the company report.
Comprehensive company report
Letzpay Solution Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Letzpay Solution operates two associated brands: Letzpe and LetzPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online payment gateway services are provided to businesses worldwide. | letzpe.com | |
| Online payment gateway service that enables businesses to process and manage various payment modes | letzpay.com |
Business activity
The main business activity of Letzpay Solution is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Letzpay Solution Private Limited, buy the company report.
Financials of Letzpay Solution Private Limited
FY 2025 filings availableLetzpay Solution Private Limited reported revenue of ₹3.09 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹3.09 Cr ▲ 3%
Net profit · FY 2025
₹15.92 Lakh margin 5.1%
EBITDA · FY 2025
₹37.01 Lakh margin 12%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 46%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 8%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 3% growth in the latest year. EBITDA fell 14% 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
| 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 | ₹37.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.92 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 5.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Letzpay Solution Private Limited, buy the company report.
Board of directors of Letzpay Solution Private Limited
Letzpay Solution has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Prakash Saxena | Director | 09 Aug 2019 | 7 Years 3 Months | Current |
| Himanshu Gupta | Director | 27 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Letzpay Solution Private Limited is audited by MUKESH DRISHTI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH DRISHTI & ASSOCIATES | FY 2023 | 014673C |
Shareholding
The shareholding of Letzpay Solution Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Letzpay Solution Private Limited, buy the company report.
Charges & borrowings
Open charges
₹43.82 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2023 | 100722667 | Hdfc Bank Limited | ₹21.74 Lakh | Open | |
| 04 Oct 2022 | 100684329 | Hdfc Bank Limited | ₹22.08 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Letzpay Solution Private Limited has 4 court cases on record: 1 filed by Letzpay Solution, 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Principal Director General Directorate General of GST Intelligence and Ors. | Disposed |
To see the full case history of Letzpay Solution Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Letzpay Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Letzpay Solution Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-50%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Letzpay Solution Private Limited, buy the company report.
GST
Letzpay Solution has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCL0683Q1ZW | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Letzpay Solution Private Limited, buy the company report.
Recent activity
Letzpay Solution Private Limited has 12 board changes on record since 2017: 2 appointments and 10 cessations. The latest: Irfan Alam ceased to be Additional Director on 30 Sep 2020.
AGM
Letzpay Solution Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Letzpay Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100722667 was registered on 28 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100684329 was registered on 04 Oct 2022.
Ceased
Irfan Alam ceased to be Additional Director.
Ceased
Avtar Singh Monga ceased to be Additional Director.
Appointed
Niraj Prakash Saxena was appointed as Director.
Ceased
Preeti Gupta ceased to be Director.
Ceased
Chander Parkash Bhardwaj ceased to be Director.
Ceased
Vipin Verma ceased to be Director.
Ceased
Himanshu Gupta ceased to be Additional Director.
Appointed
Himanshu Gupta was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Letzpay Solution is an active private limited company based in New Delhi, Delhi, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 24 May 2016 (10+ years old) and is registered under CIN U74999DL2016PTC300289.
Letzpay Solution has 2 current directors:
- Niraj Prakash Saxena - Director
- Himanshu Gupta - Director
The latest financial statements of Letzpay Solution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Letzpay Solution is 09AADCL0683Q1ZW, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Letzpay Solution is U74999DL2016PTC300289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Letzpay Solution has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Letzpay Solution was incorporated on 24 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Irfan Alam ceased to be Additional Director on 30 Sep 2020. Avtar Singh Monga ceased to be Additional Director on 30 Sep 2019. Niraj Prakash Saxena was appointed as Director on 09 Aug 2019. Letzpay Solution has 12 board changes on record in total.
Yes, Letzpay Solution is registered as a small enterprise under Udyam registration (number: UDYAM-UP-29-0002104).
Letzpay Solution can be reached through the website letzpay.com. Its registered office is in New Delhi, Delhi, India.
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