About Nearby Payment Services Private Limited
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Nearby Payment Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nearby Technologies Private Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 22 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2018PTC316044. Its GSTIN is 27AAGCN2560F1ZK (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was formerly known as Nearby Insurance Broking Private Limited. It is led by directors Anand Kumar Bajaj and Yashwant Lodha.
Its last annual general meeting (AGM) was held on 08 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 ₹12.36 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.39 Lakh (net margin 35.5%) and EBITDA of ₹5.84 Lakh (EBITDA margin 47.2%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 71% over five years.
The company is associated with 1 brand: PayNearby.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paynearby.in.
Company details
CIN history
Nearby Payment Services has one previous CIN (Corporate Identification Number): U66000MH2018PTC316044. The current CIN is U74110MH2018PTC316044, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2018PTC316044 | Current |
| U66000MH2018PTC316044 | Previous |
Contact details
Nearby Payment Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is paynearby.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address103/104/A – Wing Maple Leaf Raheja Vihar Powai Saki Naka, Near Bombay Scottish High School, Mumbai, Maharashtra, India – 400072
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Nearby Payment Services 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
Brands
Nearby Payment Services operates one associated brand: PayNearby. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital payment and banking services are facilitated via retail partnerships. | paynearby.in |
Financials of Nearby Payment Services Private Limited
FY 2025 filings availableNearby Payment Services Private Limited reported revenue of ₹12.36 Lakh (up 225% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 225% growth in the latest year. EBITDA rose 98% 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 | ₹5.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.39 Lakh | ||||
| 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 | 47.2% | ||||
| Net Profit Margin | 35.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nearby Payment Services Private Limited, buy the company report.
Board of directors of Nearby Payment Services Private Limited
Nearby Payment Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Kumar Bajaj | Director | 22 Oct 2018 | 8 Years 0 Months | Current |
| Yashwant Lodha | Director | 22 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Nearby Payment Services Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finivex Technologies Private Limited | ₹13.15 Lakh (FY 2025) | 12.0% | Varanasi, Uttar Pradesh, India | |||
| Neo Infra Fintech Inclusion Private Limited | ₹12.95 Lakh (FY 2023) | Delhi, India | ||||
| Rapido Payments Private Limited | ₹12.6 Lakh (FY 2021) | 57.0% | Kolkata, West Bengal, India | |||
| Champaran Common Service Centre Private Limited | ₹12.54 Lakh (FY 2024) | -54.0% | Motihari, Bihar, India | |||
| Paisacares Solutions Private Limited | ₹12.48 Lakh (FY 2021) | Delhi, India | ||||
| Nearby Payment Services Private Limitedthis company | ₹12.36 Lakh (FY 2025) | ₹4.39 Lakh | 35.5% | 225.0% | Mumbai, Maharashtra, India | |
| Npaysewa India Private Limited | ₹12.27 Lakh (FY 2023) | 83.0% | Delhi, India | |||
| Abcm App Private Limited | ₹12.22 Lakh (FY 2025) | 50.0% | Mumbai, Maharashtra, India | |||
| Pemore Finserve Private Limited | ₹12.15 Lakh (FY 2025) | 120.0% | Delhi, India | |||
| Risein Tech Private Limited | ₹12.14 Lakh (FY 2024) | -83.0% | Chennai, Tamil Nadu, India | |||
| Pandi E-Payment Solutions Private Limited | ₹12.11 Lakh (FY 2024) | Bhiwandi, Maharashtra, India |
To see the full peer comparison of Nearby Payment Services Private Limited, buy the company report.
Auditor
Nearby Payment Services Private Limited is audited by Samria & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Samria & Co | FY 2023 | 109043W |
Shareholding
The shareholding of Nearby Payment Services 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 Nearby Payment Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nearby Payment Services 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 Nearby Payment Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nearby Payment Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN2560F1ZK | Maharashtra | Active | 27 Dec 2024 |
To see the full GST registrations and return filing status of Nearby Payment Services Private Limited, buy the company report.
Recent activity
Nearby Payment Services Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Rajesh Satyanarayan Jha ceased to be Director on 29 Jun 2022.
News
Frequently asked questions
Nearby Payment Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 22 October 2018 (8+ years old) and is registered under CIN U74110MH2018PTC316044.
Nearby Payment Services has 2 current directors:
- Anand Kumar Bajaj - Director
- Yashwant Lodha - Director
The latest financial statements of Nearby Payment Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Nearby Payment Services is 27AAGCN2560F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nearby Payment Services is U74110MH2018PTC316044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nearby Payment Services was incorporated on 22 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nearby Payment Services by revenue are Finivex Technologies Private Limited, Neo Infra Fintech Inclusion Private Limited, Rapido Payments Private Limited, Champaran Common Service Centre Private Limited, Paisacares Solutions Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Rajesh Satyanarayan Jha ceased to be Director on 29 Jun 2022. Subhash Kumar ceased to be Director on 12 Sep 2019. Anand Kumar Bajaj was appointed as Director on 22 Oct 2018. Nearby Payment Services has 4 board changes on record in total.
Nearby Payment Services can be reached through the website paynearby.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nearby Payment Services is at 103104A – Wing Maple Leaf Raheja Vihar Powai Saki Naka, Near Bombay Scottish High School, Mumbai, Maharashtra, India – 400072.
Nearby Payment Services operates in the e-commerce industry, in the general e-commerce platforms segment.
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