About Mindsarray Network Private Limited
Data last updated: 17 December 2025
Mindsarray Network Private Limited is a private limited company based in Malad East, Maharashtra, India. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 17 July 2019, the company has been in operation for over 7 years.
Registered with ROC Mumbai under CIN U51909MH2019PTC328157.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.01 Cr. It is led by directors including Ashish Arya and Vinit Raghunath Khanvilkar.
Last AGM: 20 August 2025. Financial statements filed for year ended 31 March 2025. Office: Malad East, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹555.1 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 266 employees as per the latest available data.
The company is associated with 1 brand - Pay1. As per MCA filings, the company has open charges of ₹1.51 Cr and satisfied charges of ₹1 Lakh on record.
For more details, the company can be reached via its website pay1.in.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Apps
-
Registered Address17Th Floor A 1701 Jp Decks General A K Vaidya Marg, Near Oberoi Mall Next To Dindoshi Court Malad (E) 400097, Malad East, Maharashtra, India – 400097
-
IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mindsarray Network Private Limited
Mindsarray Network Private Limited operates one associated brand: Pay1. These brands represent Mindsarray Network Private Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Mindsarray Network Private Limited
Brands and companies operating in the same space as Mindsarray Network Private Limited include Ezetap, Pay Point India, Spice Money and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Ezetap
|
Cloud-based mPOS software and hardware solutions are provided for businesses. | Bengaluru, India, India | 2011 |
Pay Point India
|
Digital financial and retail services are provided via agent networks. | Mumbai, India, India | 2007 |
Spice Money
|
Digital payment and banking service provider in rural areas | Noida, India, India | 2000 |
Kaleidofin
|
Provider of financial technology solutions for inclusive lending | Chennai, India, India | 2017 |
PayNearby
|
Digital payment and banking services are facilitated via retail partnerships. | Mumbai, India, India | 2016 |
Dvara KGFS
|
Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Innoviti
|
Integrated online and offline payment solutions are provided for businesses. | Bengaluru, India, India | 2002 |
ITAB
|
Self-checkout solutions are provided for retail businesses worldwide. | Jonkoping, Sweden, Sweden | 1978 |
QueueBuster
|
All-in-one POS and business management system is provided. | Noida, India, India | 2016 |
Business Activity of Mindsarray Network Private Limited
Mindsarray Network Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Mindsarray Network Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mindsarray Network Private Limited
Mindsarray Network Private Limited is audited by SUCHITA ANGANE & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUCHITA ANGANE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Mindsarray Network Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mindsarray Network Private Limited
Mindsarray Network Private Limited is currently managed by 5 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Arya | Director | 17 Jul 2019 | 7 Years 0 Months | Current |
| Vinit Raghunath Khanvilkar | Director | 17 Jul 2019 | 7 Years 0 Months | Current |
| Abhinav Mathur | Director | 17 Jul 2019 | 7 Years 0 Months | Current |
| Alakh Naresh Gargiya | Director | 17 Jul 2019 | 7 Years 0 Months | Current |
| Chirutha Jaybandhu Dalal | Director | 17 Jul 2019 | 7 Years 0 Months | Current |
Financials of Mindsarray Network Private Limited FY 2025 filings available
Mindsarray Network Private Limited reported revenue of ₹555.1 Cr (up 9.00% YoY) for FY 2025.
Ten-year financial statements for Mindsarray Network Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mindsarray Network Private Limited
Shareholding and ownership data for Mindsarray Network Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mindsarray Network Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2025 | Others | ₹14.5 Lakh | Open |
| 27 Dec 2023 | Others | ₹24.35 Lakh | Open |
| 31 May 2023 | Others | ₹34 Lakh | Open |
| 03 Oct 2022 | Others | ₹14 Lakh | Open |
| 28 Aug 2022 | Others | ₹29.83 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Mindsarray Network Private Limited
Mindsarray Network Private Limited has a workforce of 266 employees as of Apr 05, 2024.
Employee and EPFO history for Mindsarray Network Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mindsarray Network Private Limited
GST registrations and filing compliance for Mindsarray Network Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- 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 Mindsarray Network Private Limited
Credit ratings, litigation, and regulatory alerts for Mindsarray Network Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Mindsarray Network Private Limited
MSME payment history for Mindsarray Network Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Mindsarray Network Private Limited
Corporate group structure for Mindsarray Network Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- 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 Mindsarray Network Private Limited
MCA filings and documents for Mindsarray Network Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mindsarray Network Private Limited
Recent News on Mindsarray Network Private Limited
Frequently Asked Questions about Mindsarray Network Private Limited
Mindsarray Network Private Limited is an active private limited company in the financial services sector based in Malad East, Maharashtra, India. It was incorporated on 17 July 2019 (7+ years old) and is registered under CIN U51909MH2019PTC328157. The company has 266 employees.
Mindsarray Network Private Limited reported revenue of ₹555.1 Cr for FY 2025 (up 9.00% YoY).
The current directors of Mindsarray Network Private Limited are:
- Ashish Arya - Director
- Vinit Raghunath Khanvilkar - Director
- Abhinav Mathur - Director
- Alakh Naresh Gargiya - Director
- Chirutha Jaybandhu Dalal - Director
The primary industry of Mindsarray Network Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Mindsarray Network Private Limited can be reached at the registered office: 17Th Floor A 1701 Jp Decks General A K Vaidya Marg, Near Oberoi Mall Next To Dindoshi Court Malad E 400097, Malad East, Maharashtra, India – 400097, or through the website pay1.in.
The authorised capital is ₹6 Cr, and the paid-up capital is ₹5.01 Cr.