Pay Express Services Private Limited
About Pay Express Services Private Limited
Data last updated:
Pay Express Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of V D Patel & Sons Private Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 07 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC260701.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pay Express.Ecom Private Limited. It is led by directors Devji Vaghji Patel and Devang Devji Patel.
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 Plot No D – 227 Ttc Industrial Area Shiravane MIDC Nerul, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.8 Lakh. For the same year it recorded a net profit of ₹31,143 (net margin 8.2%) and EBITDA of ₹38,920 (EBITDA margin 10.2%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No D – 227 Ttc Industrial Area Shiravane MIDC Nerul, Navi Mumbai, Maharashtra, India – 400706
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Pay Express Services Private Limited
The main business activity of Pay Express Services is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis | 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 Pay Express Services Private Limited FY 2025 filings available
Pay Express Services Private Limited reported revenue of ₹3.8 Lakh for FY 2025.
Financial Statement Summary of Pay Express Services 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 | ₹38,920 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31,143 | •••• | •••• | •••• | •••• |
| 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 Pay Express Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• | •••• |
| 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 Pay Express Services are in the company report.
Financial statements from 2015
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 Pay Express Services Private Limited
Pay Express Services Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Givi Naturals Private Limited | ₹3.91 Lakh (FY 2025) | •••• | •••• | 115.0% | •••• | Ganapathy, Tamil Nadu, India |
| Riift Fashion Mall Limited | ₹3.9 Lakh (FY 2020) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Naaya Business Ventures Private Limited | ₹3.86 Lakh (FY 2025) | •••• | •••• | 1028.0% | •••• | Mumbai, Maharashtra, India |
| Sparx Innovative Marketing Private Limited | ₹3.85 Lakh (FY 2025) | •••• | •••• | 385376.0% | •••• | Delhi, India |
| Kalra Creations International Private Limited | ₹3.84 Lakh (FY 2024) | •••• | •••• | -53.0% | •••• | Alwar, Rajasthan, India |
| Pay Express Services Private Limited this company | ₹3.8 Lakh (FY 2025) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Imprimatur Printing Services Private Limited | ₹3.8 Lakh (FY 2022) | •••• | •••• | -98.0% | •••• | Chennai, Tamil Nadu, India |
| Nusa Technologies Private Limited | ₹3.78 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Mumbai, Maharashtra, India |
| Myphoenix Sales Mart Private Limited | ₹3.77 Lakh (FY 2025) | •••• | •••• | 1406.0% | •••• | Aligarh, Uttar Pradesh, India |
| Bucciato Private Limited | ₹3.77 Lakh (FY 2024) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Juvalia Sales Private Limited | ₹3.74 Lakh (FY 2025) | •••• | •••• | 2748.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Pay Express Services by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), 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 Pay Express Services Private Limited
Pay Express Services Private Limited is audited by M.G. BARVADIYA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.G. BARVADIYA & ASSOCIATES | 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 Pay Express Services Private Limited
Pay Express Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devji Vaghji Patel Also directs: Shreeji Ventures Lifespaces LLP, Shreeji Ventures Superstructures LLP, Shreeji Ventures Nirmaan Private Limited and 5 more | Director | 07 Jan 2015 | 11 Years 9 Months | Current |
| Devang Devji Patel Also directs: Shreeji Ventures Lifespaces LLP, Shreeji Ventures Superstructures LLP, Help Bros Private Limited and 5 more | Director | 07 Jan 2015 | 11 Years 9 Months | Current |
Ownership and Shareholding of Pay Express Services 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 Pay Express Services Private Limited
Pay Express Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pay Express Services Private Limited
Employment history and EPFO contributions of people linked to Pay Express Services.
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.
Recent Activity on Pay Express Services Private Limited
Pay Express Services Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Devang Devji Patel was appointed as Director on 07 Jan 2015.
Credit Ratings, Litigation & Regulatory Alerts for Pay Express Services 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 Pay Express Services 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 Pay Express Services 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 Pay Express Services Private Limited
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 Pay Express Services 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 Pay Express Services Private Limited
Pay Express Services is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 07 January 2015 (11+ years old) and is registered under CIN U74999MH2015PTC260701.
Pay Express Services reported revenue of ₹3.8 Lakh for FY 2025.
Pay Express Services has 2 current directors:
- Devji Vaghji Patel - Director
- Devang Devji Patel - Director
Pay Express Services reported a net profit of ₹31,143 (net margin 8.2%) and EBITDA of ₹38,920 (EBITDA margin 10.2%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Pay Express Services is U74999MH2015PTC260701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pay Express Services was incorporated on 07 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pay Express Services by revenue are Givi Naturals Private Limited, Riift Fashion Mall Limited, Naaya Business Ventures Private Limited, Sparx Innovative Marketing Private Limited, Kalra Creations International Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Devang Devji Patel was appointed as Director on 07 Jan 2015. Devji Vaghji Patel was appointed as Director on 07 Jan 2015.
The registered office of Pay Express Services is at Plot No D – 227 Ttc Industrial Area Shiravane MIDC Nerul, Navi Mumbai, Maharashtra, India – 400706.
Pay Express Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Pay Express Services operates in the e-commerce industry, in the general e-commerce platforms segment.