Startup India Government of India
Payhuddle Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.16 Cr
▲ 60% YoY
Net profit · FY 2025
₹2.87 Cr
Net margin 13%
EBITDA · FY 2025
₹4.06 Cr
EBITDA margin 18.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
42
Provident fund records
Directors on board
3
As per MCA filings
About Payhuddle Solutions Private Limited
Data last updated:
Payhuddle Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101416. Its GSTIN is 29AAJCP0599H1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Prakash Sambandam (Managing Director) and Ramiah Sambandam.
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 Spatium South Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.16 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 13%) and EBITDA of ₹4.06 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 61% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Payhuddle. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending.
Payhuddle Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0053691). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payhuddle.com.
Company details
CIN U74999KA2017PTC101416
Registration Number 101416
Incorporation Date 16 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0053691
Key People
Prakash Sambandam Managing Director Ramiah Sambandam Director Abishek Chandrasekar Director Recognitions & Rankings of Payhuddle Solutions
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0053691
Contact details
Payhuddle Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is payhuddle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSpatium South Park No.54 Office No.101, First Floor Sarakki Industrial Layout Jp Nagar 3rd Phase 1st Main Road, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Payhuddle Solutions Private Limited, buy the company report.
Comprehensive company report
Payhuddle Solutions 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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Brands
Payhuddle Solutions operates one associated brand: Payhuddle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides tools for payment scheme certification and terminal testing in the fintech sector. | payhuddle.com |
Business activity
The main business activity of Payhuddle Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Payhuddle Solutions Private Limited, buy the company report.
Financials of Payhuddle Solutions Private Limited
FY 2025 filings availablePayhuddle Solutions Private Limited reported revenue of ₹22.16 Cr (up 60% YoY) for FY 2025.
Revenue · FY 2025
₹22.16 Cr ▲ 60%
Net profit · FY 2025
₹2.87 Cr margin 13%
EBITDA · FY 2025
₹4.06 Cr margin 18.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 56%
5 years · compounded
▲ 61%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 55%
5 years · compounded
▲ 49%
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 60% growth in the latest year. EBITDA rose 8% 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 |
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| EBITDA | ₹4.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.87 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 13% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Payhuddle Solutions Private Limited, buy the company report.
Board of directors of Payhuddle Solutions Private Limited
Payhuddle Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramiah Sambandam | Director | 16 Mar 2017 | 9 Years 7 Months | Current |
| Prakash Sambandam Also directs: Kinarri Films Private Limited | Managing Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Abishek Chandrasekar Also directs: Kinarri Films Private Limited | Director | 16 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Payhuddle Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Lipi Webtech Private Limited | ₹22.28 Cr (FY 2025) | -29.0% | Faridabad, Haryana, India | |||
| Sakri IT Solutions Private Limited | ₹22.27 Cr (FY 2017) | -65.0% | Pune, Maharashtra, India | |||
| Vmoksha Technologies Private Limited | ₹22.23 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Zi Systech Private Limited | ₹22.2 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Akridata India Private Limited | ₹22.16 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| Payhuddle Solutions Private Limitedthis company | ₹22.16 Cr (FY 2025) | ₹2.87 Cr | 13% | 60.0% | 42 | Bangalore, Karnataka, India |
| Velox Solutions Private Limited | ₹22.1 Cr (FY 2024) | 36.0% | Navi Mumbai, Maharashtra, India | |||
| Medien Digital Net Works Private Limited | ₹22.09 Cr (FY 2024) | 29.0% | Hyderabad, Telangana, India | |||
| Innophase Iot India Private Limited | ₹22.08 Cr (FY 2025) | 50.0% | Bangalore, Karnataka, India | |||
| Maven Silicon Softech Private Limited | ₹22.05 Cr (FY 2024) | 21.0% | Bangalore, Karnataka, India | |||
| Headspin Technologies Private Limited | ₹21.99 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Payhuddle Solutions Private Limited, buy the company report.
Auditor
Payhuddle Solutions Private Limited is audited by SVRL& CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SVRL& CO | FY 2022 | 0153358 |
Shareholding
The shareholding of Payhuddle Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Payhuddle Solutions Private Limited, buy the company report.
Legal cases
Payhuddle Solutions Private Limited has 6 court cases on record: 2 filed by Payhuddle Solutions, 4 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Fime India Private Limited and 11 others | Pending |
| High Court | Court case (CRL.P) | Filed by the company against M/S Silicomp India Pvt Limited and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by Silicomp India Private Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Silicomp India Pvt Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by Silicom India Private Limited | Pending |
To see the full case history of Payhuddle Solutions 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 Payhuddle Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payhuddle Solutions Private Limited has a workforce of 42 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
42
Active EPFO establishments
1
Employee growth
40%
GST
Payhuddle Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP0599H1ZW | Karnataka | Active | 04 Jul 2017 |
To see the full GST registrations and return filing status of Payhuddle Solutions Private Limited, buy the company report.
Recent activity
Payhuddle Solutions Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Prakash Sambandam ceased to be Additional Director on 28 Jul 2022.
AGM
Payhuddle Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Payhuddle Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Prakash Sambandam ceased to be Additional Director.
Appointed
Prakash Sambandam was appointed as Managing Director.
Ceased
Ramiah Sambandam ceased to be Managing Director.
Ceased
Chandrasekar Gurusamy ceased to be Additional Director.
Appointed
Abishek Chandrasekar was appointed as Director.
Appointed
Ramiah Sambandam was appointed as Director.
Incorporation
16 Mar 2017
Payhuddle Solutions Private Limited was registered on 16 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.
News
Frequently asked questions
Payhuddle Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101416.
Payhuddle Solutions has 3 current directors:
- Prakash Sambandam - Managing Director
- Ramiah Sambandam - Director
- Abishek Chandrasekar - Director
The latest financial statements of Payhuddle Solutions 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 Payhuddle Solutions is 29AAJCP0599H1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Payhuddle Solutions is U74999KA2017PTC101416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payhuddle Solutions has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Payhuddle Solutions was incorporated on 16 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Payhuddle Solutions by revenue are Creative Lipi Webtech Private Limited, Sakri IT Solutions Private Limited, Vmoksha Technologies Private Limited, Zi Systech Private Limited, Akridata India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Prakash Sambandam ceased to be Additional Director on 28 Jul 2022. Prakash Sambandam was appointed as Managing Director on 18 Jul 2022. Ramiah Sambandam ceased to be Managing Director on 18 Jul 2022. Payhuddle Solutions has 6 board changes on record in total.
Yes, Payhuddle Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Payhuddle Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0053691).